All the factors that are likely to affect the price of a coin are mentioned. And to put it all together is definitely a good outcome.
For me, price doesn't matter, just as much as investors don't lose. because they believed and clung to the promises that the people behind a project should really fulfill. But let's admit it is very attractive to actually see a high-priced coin. It is better to know that the price of the coin goes from low to higher than that of a sudden rise but also a sudden fall.
Now that crypto users are becoming more and more aware of the market trend, they are wise to look and choose the coins to enjoy.
Topic: What matters to grow the price of an Altcoin - page 2. (Read 704 times)
i think there are lots of factors involved most of which are already listed such as :
1. working product
2. real world use case
3. Active development team and community
But the most import aspect in my opinion is the aggressive marketing campaign utilizing both mainstream media and social media side by side that is one key aspect that will surely act as a catalyst for the price to go up. There are many good projects out there since the start of bitcoin like namecoin etc but their price didn't move that much and we have seen many shit coins pump without even a prototype all because of marketing.
1. working product
2. real world use case
3. Active development team and community
But the most import aspect in my opinion is the aggressive marketing campaign utilizing both mainstream media and social media side by side that is one key aspect that will surely act as a catalyst for the price to go up. There are many good projects out there since the start of bitcoin like namecoin etc but their price didn't move that much and we have seen many shit coins pump without even a prototype all because of marketing.
The first thing which I can say the root of any project is its product. How much demanding it is in the market? Ten if the project has raised enough funds, has the development completed or on track? And then on which exchanges the coin is listed? All these matters a lot. Not developed projects which do not have transparency towards its community or projects listing on not so good exchanges showing fake volumes and trades will bring down the price of altcoin eventually.
Demanding working products is the first reason why projects don't publish their all features before ICO/IEO. If they publish everything, the interest will decrease, many teams prefer to distribute the positive news over the few weeks in order to keep the interest which can add more demand to the pool. 
We all know cryptocurrency. We Buying and selling different types of altcoins in different exchanges. Many of altcoins have the same features, total supply, blockchain, even number of decimals, But in their prices, there is a huge difference. So, there is one question that appears at this point that "What matters to grow the price of an Altcoin ?". Is it makes a high price by listing on many different exchanges or the team works behind that altcoin/project? Or something else. This is a big question which all of us want to know.
There is no difference between the Bitcoin we have and the altcoins, they are all the same thing and the prices of altcoins moves with the rate of demand and supply; when the demand is higher than the supply, the price starts to increase, but when it's the opposite of what I just said, the price begins to fall. So for the team that's running the token or coin to achieve this, they are not only going to list it on exchanges.Listing it on exchanges doesn't do much, they will have to run a promotion so that lots of people will get to know about their coin/token and invest in it. So their marketing skills is very important when it comes to this, because if they are not good at marketing, they will be heading to nowhere.
We all know cryptocurrency. We Buying and selling different types of altcoins in different exchanges. Many of altcoins have the same features, total supply, blockchain, even number of decimals, But in their prices, there is a huge difference. So, there is one question that appears at this point that "What matters to grow the price of an Altcoin ?". Is it makes a high price by listing on many different exchanges or the team works behind that altcoin/project? Or something else. This is a big question which all of us want to know.
All of your hint was right. Of course it is something to do with listing on some exchanges and the team handling it. But let met me add more important factors on your doubts. The project has high value because they have:
- A working product
- A potential platform that has a realistic use case
- Cool features that has been new for everyone
- High earning platform
- New tech upgrade or improvement
Coins value vary. If yoi want to increase the value of your coin you can market it, marketings invites a high numbers of investors meaning high demand and tails high value. With that you have to buy coins and wait until such time that the value of your coin becomes higher. Then you may sell your bitcoin and gain so much return on investment. You can enjoy your life in bitcoin through buying, selling and trading. With thaya you can help your family in your payments and bills and enjoy time with family and colleagues at the same time.
The first thing which I can say the root of any project is its product. How much demanding it is in the market? Ten if the project has raised enough funds, has the development completed or on track? And then on which exchanges the coin is listed? All these matters a lot. Not developed projects which do not have transparency towards its community or projects listing on not so good exchanges showing fake volumes and trades will bring down the price of altcoin eventually.
We all know cryptocurrency. We Buying and selling different types of altcoins in different exchanges. Many of altcoins have the same features, total supply, blockchain, even number of decimals, But in their prices, there is a huge difference. So, there is one question that appears at this point that "What matters to grow the price of an Altcoin ?". Is it makes a high price by listing on many different exchanges or the team works behind that altcoin/project? Or something else. This is a big question which all of us want to know.
Demand of the coin makes the price to get grow which is possible through lot of factors like utility, trading volume,community support and more importantly their development.As you said most altcoins looks same so we can't expect the copy of something to get the same result as original.
Demand and supply is known, but the thing is, what really makes demand? We all know supply, that is an easy one, do not print out hundreds of millions of that currency out of thin air and expect people to pay good fair price for it without really giving it a worth first, some projects print out 500 million of their coin, and it is not listed anywhere, hell its still in coin offering stage and doesn't wort 1 cent, yet they ask like a dollar for it, that is as insane as it gets if you ask me because they do not need that much money to make that project work.
However demand is still something we have no idea how it works, sometimes people really want a coin like crazy and love it, sometimes nobody really cares, like not even talk about it in bad light neither, just irrelevant and not care about it, don't know what separates them clearly.
However demand is still something we have no idea how it works, sometimes people really want a coin like crazy and love it, sometimes nobody really cares, like not even talk about it in bad light neither, just irrelevant and not care about it, don't know what separates them clearly.
We all know cryptocurrency. We Buying and selling different types of altcoins in different exchanges. Many of altcoins have the same features, total supply, blockchain, even number of decimals, But in their prices, there is a huge difference. So, there is one question that appears at this point that "What matters to grow the price of an Altcoin ?". Is it makes a high price by listing on many different exchanges or the team works behind that altcoin/project? Or something else. This is a big question which all of us want to know.
The thing that matters to grow the price of an altcoin is the team because every decision, every development, every improvement comes from them, that is to say the fate of the project and price depends on them first and foremost. Also, one of the ways to know that the team is working as expected is the type of community they have; how is the community supporting them? Secondly, another way to know is the choice of exchange; that is, no team who wishes for the success of their platform will list on bad exchanges. So in all ramifications, everything depends on the team when growing the price of an altcoin.
the best way to do that is to develop their products. You know, when they make the product they need, demand will come to them, and that will make the price go up. many altcoin prices are down because their products are not sought after by people.
What do you mean by products? I believe not all altcoin projects are having their own product so that they will produce those products to get more value for their coin. For example, monero is a privacy oriented coin and whenever people want their transactions not be to traced then they may buy and use monero. Here, how those monero devs can increase the adoption of their coins. There is only application for their coin and there is no actual product on which they could create demands.Another study case we can have here is BNB. Who ever trading in binance may pay exchange fee in BNB to enjoy some discount. When binance is doing better more people will choose that exchange so that obviously they may prefer to have BNB for reduced fee. This way BNB will get more adopters which will end up in more value for BNB.
It's demand and supply , listing on a good exchange and a good marketing. That's what will give an altcoin the right price base on there Development level also.
the success of a project depends on the developer and the team behind the project itself, while the rise and fall of the price of a coin depends on demand in the market, so what makes a coin price expensive is because the project is developing well and there is more demand in the market is compared to offers.
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if you want to increase the price of altcoin owned by a developer, the best way to do that is to develop their products. You know, when they make the product they need, demand will come to them, and that will make the price go up. many altcoin prices are down because their products are not sought after by people.
the creator and developer of the project is the main factor in the price of an altcoin besides the large community and the altcoin exchange listing is also very influential.
some altcoins fell because the team and the developer left
some altcoins fell because the team and the developer left
Yes tihs is correct.
Also important is the private investors in the coin.
For example Creditcoin was invested in by Coinbase and Y combinator and has cotinued to rise in price (+6000% this year) and only listing on major exchanges like Bittrex and OKEX.
Whereas scam coins have been dropping in price
The exchange does matter because it creates the volume of that coin. A good exchange means that the coin is serious with what they are working with. Unlike the other coins that lists their coin everywhere and mostly unpopular exchanges, they just want to get rid of it as much as they can because they don't want investors to be the first one to dump it off and that's the main agenda of the developers. But, if they are serious and looking long term for the coin, they'll create a good volume through listing to a good exchange.
I don't agree. I think that a good project doesn't have to be listed on a good exchange (I guess that by a good exchange you mean Binance). I think it's better for a team to focus on the development and not on the listing. It's better to pay more money for a good developer than for a listing on Binance. And if you create a good project, then it will be listed on Binance sooner or later, and without paying the listing fee.
I think that too much focus in crypto is on listing on Binance and other "good" exchanges. More focus should be on having a good idea for a project and a good team that will support the project.
That's one thing that's wrong with crypto today. It shouldn't matter where a project is listed as long as the development is ongoing and the team behind the project is good.
For me personally it doesn't matter if a project is listed on a less popular exchange. If I believe that a project is good and that the team behind it is good, it's even better if it's listed on a less popular exchange because it has potential to make big gains once it gets listed on a popular exchange like Binance.
And when I say less popular exchange, I don't mean fishy exchange. I mean exchanges that requires less money for listing but is still legit. For example, KuCoin is an example of such exchange. It's not Binance but it is legit.
the creator and developer of the project is the main factor in the price of an altcoin besides the large community and the altcoin exchange listing is also very influential.
some altcoins fell because the team and the developer left
some altcoins fell because the team and the developer left
In my opinion the thing that makes the price of altcoins go up is the demand for these altcoins, the higher the demand, the price will be more expensive.
Another thing that causes the growth of altcoins prices, among others, is the volume of coins also determines. More and more investors are buying coins
the higher the volume. If the volume is high, of course the price will also be high.
Another thing that causes the growth of altcoins prices, among others, is the volume of coins also determines. More and more investors are buying coins
the higher the volume. If the volume is high, of course the price will also be high.
but how can that happen ? altcoins wont just be indemand if its not a good alt . makers should create quality coin first then teamed it up with good marketing to achieve a success . the idea sounds easy but nope its not .
with the current industry we have here , the competition is now big and tough . for me as a buyer . price of alts isnt really matter but what matter is the purpose . if i can use that alt well for making online purchase or for gambling then id be sticking up to it .
In my opinion the thing that makes the price of altcoins go up is the demand for these altcoins, the higher the demand, the price will be more expensive.
Another thing that causes the growth of altcoins prices, among others, is the volume of coins also determines. More and more investors are buying coins
the higher the volume. If the volume is high, of course the price will also be high.
Another thing that causes the growth of altcoins prices, among others, is the volume of coins also determines. More and more investors are buying coins
the higher the volume. If the volume is high, of course the price will also be high.
We all know cryptocurrency. We Buying and selling different types of altcoins in different exchanges. Many of altcoins have the same features, total supply, blockchain, even number of decimals, But in their prices, there is a huge difference. So, there is one question that appears at this point that "What matters to grow the price of an Altcoin ?". Is it makes a high price by listing on many different exchanges or the team works behind that altcoin/project? Or something else. This is a big question which all of us want to know.
for any altcoin to grow in price, it needs sustainable amount of hype, and to get sustainable hypes, such altcoin need to produce a product that is widely adopted by the crypto ethusiast, and likewise cause a demand pull, where the altcoin is rushed and purchased.
increasing the no of exchange listing of an altcoin does not guarantee its gonna increase in price
We all know cryptocurrency. We Buying and selling different types of altcoins in different exchanges. Many of altcoins have the same features, total supply, blockchain, even number of decimals, But in their prices, there is a huge difference. So, there is one question that appears at this point that "What matters to grow the price of an Altcoin ?". Is it makes a high price by listing on many different exchanges or the team works behind that altcoin/project? Or something else. This is a big question which all of us want to know.
More service means more demand of any coin. Any legit Dev do his best to increase demand by release own coin, more top exchange, partnership and service development. Still now if any hype project announce that Binance confirm than demand will increase. So only search for legit project which will be listed all exchange. Jump to: