Topic: FACTORS THAT AFFECTS THE PRICE OF AN ALTCOIN? - page 3. (Read 1559 times)
The price depends on demand and supply juat like in any other marketplace and product, however altcoins also depend largely on fundamental events, if positive news comes then there are chances the alt value will increase and if there is negative or suspicious activity for any alt we can expect prices to reduce.
The most important factor of the influence of coin prices is due to how the concept and purpose of the project itself. If they feel the concept that they offer good, it is not impossible that many enthusiasts who want to have the coin. From there the demand is high and the price increases.
Tokens are poured onto the stock exchange at the price that was at the ICO. And then, thanks to the demand, people on the stock exchange themselves form the price.
There are several reasons behind changing the price of tokens. Pump and dump, Supple and demand these two are major reasons. And different exchanges don’t have big differences for the price of same alt coins. And they are often balanced by trading on different exchanges.
Price manipulation is a common game in this world. You will see random price hike out of nowhere and then sudden fall. Better not to go for unknown but high price tokens.
the main factor of price growth in altcoin is the development of the particular coin and more important the tie-ups they have all the features lead to price of altcoin
price of altcoin didn't changes that much this year and what ever the changes has happen it happens mainly because of the users activities, investors are the main controller their trading varies the level of price growth in the market, if you observe the market properly then you will understand the condition more clearly
I think if demands are fluctuating then it also affects on the price of the project and it also a common nature of the exchange because prices are vary from one exchange to another exchange.
At the beginning its nothing but the hype which is often referred as "pump and dump". Price will skyrocket in no time and then out of nowhere comes down to as low as possible. ALTcoins are almost same when it comes to price, differences in price can be for a short period.
For now, bitcoin is the most singular factor that affect the price of Altcoin across board. I'd bitcoin is successful and rise in price. It always rub off on Altcoin.
There are money factors but the reason that affects the price of an altcoin is an update in it. Most of the time, the hype attracts new investors which in turn increases an altcoin's price. Next is its real use. If that coin has some real use that would benefit the masses, the demand for it will increase significantly. If an altcoin starts to spread its name across the crypto space, investors would see this as an opportunity and would invest in that because of its reputation alone. It's pretty normal that prices varies in every exchange because different people are trading in different exchanges.
To exchanges that doesnt have the same price, its because of their volume.
If the token you are taking a look at that exchange is quite higher than others then it only means that theres higher volume.
If the token you are taking a look at that exchange is quite higher than others then it only means that theres higher volume.
Prices of altcoins do not really reply on the pump and dump aspect, rather like the demand and supply criteria, as well as the intensity of people's choices to invest in terms of likely possibilities seen in this market. exchanges make minor differences really.
In my views, factor that affects the altcoin price could be FUD and negativity of the news which may drag the altcoin price down trend. I also believe that such FUD and negative news could be a part of the whales manipulation. Lastly, if more supply of alts had been dumped in effect there will be more supply, this will also have an impact in the price of alts.
Hi everyone, since I'm still a newbie, and I didn't even tried trading,
I'm just wondering what factors affecrs th price of the token.
And also why some exchanges have higher selling price and others have lower selling price. Can you share your thoughts?
I believe that the price of Altcoin depends primarily on the number of its investors, then on the price of Bitcoin and, of course, on advertising. I'm just wondering what factors affecrs th price of the token.
And also why some exchanges have higher selling price and others have lower selling price. Can you share your thoughts?
From my point of view the price of altcoin is quiet same all the time. If a difference is happenit will be resolve in every small time because people either exchange the price at a same level.
pump and dump.
which is basically pure manipulation of the market. sometimes it starts with some sort of news which hypes the coin and leads to its pump. for example Stellar was listed on Coinbase (or is going to be listed?) and that hyped it up a lot and lead to a big pump of it.
but sometimes it is just pumpers picking up some random shitcoin and pumping it for short term profit.
price of altcoins are always the same with a very small difference on different exchanges.
if a difference occurs it will be resolved in a very short time because people either buy/sell that coin on the other exchange and bring the price to the same level as other exchanges or they arbitrage it to come to that level.
if you see a persistent difference then it means there is some problem with that exchange with different price.
which is basically pure manipulation of the market. sometimes it starts with some sort of news which hypes the coin and leads to its pump. for example Stellar was listed on Coinbase (or is going to be listed?) and that hyped it up a lot and lead to a big pump of it.
but sometimes it is just pumpers picking up some random shitcoin and pumping it for short term profit.
And also why some exchanges have higher selling price and others have lower selling price. Can you share your thoughts?
price of altcoins are always the same with a very small difference on different exchanges.
if a difference occurs it will be resolved in a very short time because people either buy/sell that coin on the other exchange and bring the price to the same level as other exchanges or they arbitrage it to come to that level.
if you see a persistent difference then it means there is some problem with that exchange with different price.
Great answer. I am also very cauteous trading in this market due to the high risk of manipulation. Things like washtrading and spoofing are happening on a daily basis as there are no regulations. In other financial markets there is much less risks as these things are illegal. It‘s also much harder to do even if you play with millions. In the crypto market if one whale sells his position the token can decrease in price by double digits and newcomers get burned as they are not aware of this and think that „everyone is selling“ and therefore better get out quickly
First, there may be price manipulation or good and bad news from the team.
Second, the fluctuation of bitcoin price will influence the trend of Altcoin.
Second, the fluctuation of bitcoin price will influence the trend of Altcoin.
The main factor or the game play of altcoin is pump and dump. The prices are pumped till it reaches a certain height and then dumped. This is the strategy played by all the altcoin investors and this way they get the profit.
two words: pump and dump. The prices are pumped so they get the hype and gets an increase in price. And then later, they get dumped when their prices fall. This is the min factors which has affected the prices of Altcoins till date.
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