Hello,

I have a question, which I couldn't understand. What determines the price of an ALTCOIN?

for example:

ranked 4: Cardano price is 0.95 USD .... market cap: $30,158,999,828

while

ranked 5: Polkadot price is 25.14 USD .... market cap:  $24,025,000,997

on the other hand,

ranked 21: Avalanche price is 46 USD .... market cap: $3,610,321,000


What did I miss here ? why for example cardano is cheaper while avalanche or balancer coin has lower market cap but they are expensive than cardano and Polkadot ?

thank you in advance.