There are over 1500 cryptocurrencies on the market. However, most of these crytocurrencies has little or no value at all. I have been selling several of these cryptocurrencies whose prices are just nothing to write home about.
It is sad to see several cryptocurrencies valuing less than 0.0001 dollars. We, the investor( time and money investors) need to do a lot to cater for this unattractive prices. Some investors are scared of the low prices and hence are not even interested in trading in cryptocurrencies at what?
What can we do to speed up cryptocurrencies in terms of price?
?
Please share your ideas.
It is sad to see several cryptocurrencies valuing less than 0.0001 dollars. We, the investor( time and money investors) need to do a lot to cater for this unattractive prices. Some investors are scared of the low prices and hence are not even interested in trading in cryptocurrencies at what?
What can we do to speed up cryptocurrencies in terms of price?
?Please share your ideas.
The price of a coin increases or decreases depending on the usuage.
For example if the coin has a higher demand, then the price will reach the sky.
Higher demand in the sense, people have to invest on that particular coin with lots of money, then the price of the coin will rise.
Moreover now a days many Altcoins (excluding the major ones) are dying due to pump and dump as also no one investing on the particular coin.
So higher the demand, higher is the value.