Post
Topic
Board Altcoin Discussion
Re: What determines the price of an ALTCOIN ?
by
harizen
on 11/02/2021, 17:51:38 UTC
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 ?

Actually, in crypto, not with the supply, but the demand plays a big role. If there's a hype or a big shill for example, expect that even a sh*tcoin, deadcoin, low/high marketcap etc. can increase their respective market price.

Take a time reading here, it will surely feed your mind:
https://coinmarketcap.com/faq/