Hi everyone,
What is the coin market cap and how prices up and down of different tokens
You can read the detail about coinmarket cap by the link provided by Sayeds56 bhai above but are you really sure you don't know how/why the prices of coins go up or down ?
Maybe waking up from a long period of inactivity result in a memory loss as well
(Joke)
The Relationship Between Bitcoin and Altcoins
Bitcoin price movements are generally able to influence Altcoin prices. The relationship is not always predictable, but there are some of the most common trends.
In simple terms, there have been several trends that have historically occurred between Bitcoin and Altcoins. However, it should be noted that every event in the future is not necessarily the same as the conditions in the past, and anything can happen. Some examples of cases that we will discuss are trends that must be considered, not a definite reference in the future.
It shows us that less interest from investors to buy those coins. I think we don't need to be surprised because it was already happening for years. Many coins listed on exchanges are getting worse because they have less interest from investors to buy. They must have something to trigger investors to buy.
Well, you may be true because both ICO in 2017 and current Defi are based on the Hype. Something like this cannot survive a long time and the Hype probably disappeares sooner or later. I can say that investing in Defi currently has the same risk as investing in ICO project in 2017. It may work at the beginning but after that we will see many low quality Defi projects which only take advantage of the Hype.
