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Topic: What matters to grow the price of an Altcoin - page 4. (Read 723 times)

sr. member
Activity: 2044
Merit: 314
Vave.com - Crypto Casino
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.
They must be active and different. Personally, I choose the altcoins for its uniqueness and its purpose in the market, if I saw an almost the same project I will not invest to a new one or I will go for established altcoin and make money there. We all have different thoughts about a coins/tokens, better to focus on that and focus on your standard before investing, altcoins are also a good investment.
member
Activity: 224
Merit: 10
There so many things to consider in order to make the coin grow. If you are the CEO of the project you have to advertise the project in large mage of community, constant updates, news or any important things such as products and service that it could offer that will make the investors attracted to it.
legendary
Activity: 2338
Merit: 1124
Marketing and finding as many people as you can interested to your project is the most important part of any coin. Sure you need to have a good coder, good manager, good designer and basically good everything but without proper marketing whatever you do will not really worth to anything.

As long as people do not hear about what you are doing, they will not really buy your coin neither, because they don't even know it exists, so the best case you have towards becoming a very good and high priced coin is for people to buy it and in order to buy it you have to let them know you are building something amazing, which is what marketing people do. If I had money to build a coin I would put 50% of all funds into marketing and 50% to everything else honestly.
newbie
Activity: 19
Merit: 0
First and foremost any project must have a big supportive community, second you must have a working products and good use cases. Popularity should always updated by the marketing manager. With all these things taken into consideration there's a big chances of a growing price of any altcoins.I have a friend who invested in one of the best blockchain project https://ilcoincrypto.com/ , this is one example of a good altcoins that increases it's price every year.
sr. member
Activity: 1078
Merit: 250
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the answer depends on how the developer of the project itself, each altcoin varies and differs from one another. in terms of price, of course, depends on demand & offer in the market, on the other hand in terms of quality / product, depending on project marketing and project developers.
They need to have a large community to support their projects, and they also have many investors to be able to keep token prices from collapsing. We then need to depend on the project, if they develop a roadmap-like project then they will surely get the attention of new investors and the price will easily be pumped.
The community makes investor psychology more comfortable investing, but definitely you need to check carefully because a lot of fake users appear at telegram. I am often interested in the discussion of the project because if they ask related questions, the investor will definitely have a great interest in the project. Of course, not every project is good, but if there is a large community, it is an advantage to make investors trust.
hero member
Activity: 1260
Merit: 505
Age Of Mars | GameFI Virtual colonization of Mars
I think that now if we look at two coins that have the same application, their technical development will be a factor in their success. if technical development also the same then we will look at the partnerships of these projects.
full member
Activity: 944
Merit: 101
PredX - AI-Powered Prediction Market
the answer depends on how the developer of the project itself, each altcoin varies and differs from one another. in terms of price, of course, depends on demand & offer in the market, on the other hand in terms of quality / product, depending on project marketing and project developers.
They need to have a large community to support their projects, and they also have many investors to be able to keep token prices from collapsing. We then need to depend on the project, if they develop a roadmap-like project then they will surely get the attention of new investors and the price will easily be pumped.
sr. member
Activity: 1638
Merit: 278
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 are a lot of factors which are affecting the grow of price of an altcoin. I believe just simply listing on many different exchanges will not help an altcoin to have continuous growing of its price levels. But, devs must work hard to make confidence among investors like continuous growth of the project so that people will keep on investing as part of their regular budget which must be the simple reason why only very few coins are getting continuous growth of their price levels whereas most other coin are not.

At the same time listing on multiple exchanges is not a simple task for a medium level project because some highly reputed exchanges are charging listing fee in millions. This means, even they will be listing on multiple exchanges which may not be highly reputed exchanges. In my opinion listing on small exchanges will not attract many investors.
hero member
Activity: 1862
Merit: 590
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.

Use case. Only coins that will be used will have some value. All 1000000 the rest will be worth close to nothing. You have to monitor number of transactions and know what are those transactions for. With transparent ledger crypto currencies you should also look at the value that was transacted.

I agree, I think having a use case will help the price to grow and be stable over a long period of time. The community of a coin also helps grow the price over the long term and that the team running the coin are active and transparent and are active working on developments. 
full member
Activity: 1498
Merit: 129
There must be something that drive continuous demand for a token which mean high value that increase the price. No matter how many exchange a token is listed if the project that backup the token is not viable and evolving it is just a matter of time before the token value depreciate seriously and that is what cause delisting
member
Activity: 1540
Merit: 68
all depends on the performance of the team that is in the project

I agree totally with your point, the growth of the price of any altcoin lies in the performance of the team.
The team has to oversee, a good community updates, follow the roadmaps duly, get the right and proper partnership for the project.

The team also have to ensure that product development and events or ama, do not shift date, doing all at the appointed time.
Keeping trust with the community members will make the product hyped and price better.
full member
Activity: 1190
Merit: 105
PredX - AI-Powered Prediction Market
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.
That is the way the work and development of each project. If projects continue to work and offer good products to attract investors, I believe the price of tokens will continue to go up because they are good projects. And if the projects don't work for a long time and eventually die, the token's price will collapse and go to the bottom, it all depends on the dev team.
member
Activity: 746
Merit: 10
https://axiomapay.com/
the answer depends on how the developer of the project itself, each altcoin varies and differs from one another. in terms of price, of course, depends on demand & offer in the market, on the other hand in terms of quality / product, depending on project marketing and project developers.
sr. member
Activity: 1610
Merit: 264
Value and its relevance.
What can you think of much more?
Consider also the community because of the demand of the buyers that would surely increase the price, but for sure the people inside a community would invest because the product has sort of "value" and "relevance" to what they need.
Also, consider the exchange on where the coins is about to be listed at.
legendary
Activity: 2408
Merit: 4282
eXch.cx - Automatic crypto Swap Exchange.
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 price of any project or coin reflect the level of trust exercise by the community on that project. Sometimes this can be manipulated but when that happens it doesn't take long before the price retraced back to it usual level. The exchange these projects are listed on also has an important role to play since the altcoin market is be driven by popularity of your project.

The more people (traders and Investors) know about your project the higher the chances of getting huge number of patronize. Price of an altcoin doesn't depend on just one factor, it has contributions from trust from the community, exchange project are listed on giving the coin more popularity and different other factors like hype, trends, coin total/circulating supply etc.
full member
Activity: 1246
Merit: 116
When it comes to growing the price of an altcoin, you need a community that trusts you and would truly use your platform, then you need to release your project products.
It has to be an adoptable product, accepted by your community and would create a demand for your token.

Once the product is worthwhile, then there will be a demand for the token, which leads to increase in price and volume.
legendary
Activity: 2590
Merit: 1236
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.
Well, I agree with @batang_bitcoin, I think what he meant by a good exchange means that it should be listed in an exchange where it is most likely used by a large number of users. It has a positive effect wherein it has more potential to be invested by large investors.

You are mixing up paying to get listed on an exchange and paying for marketing. I think that paying for the marketing is by far better than paying for a listing. Especially if exchanges want several hundreds thousands for a listing. And multiply that by the number of exchanges... And now imagine what would a good marketing specialist do with that amount of money?
sr. member
Activity: 1022
Merit: 257
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.
Well, I agree with @batang_bitcoin, I think what he meant by a good exchange means that it should be listed in an exchange where it is most likely used by a large number of users. It has a positive effect wherein it has more potential to be invested by large investors.
legendary
Activity: 2590
Merit: 1236
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.
hero member
Activity: 3080
Merit: 603
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.
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