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Cryptocurrency discussions / Re: 15 reasons why cryptocurrencies are becoming more expensive
« on: October 15, 2020, 12:16:58 PM »
There so many reasons why crypto currency or a particular crypto will become more expensive like;
-Supply and Demand which is a very essential factor that aids the market value of things including cryptocurrency market price. If a lot of people try purchasing a particular coin then the price will definitely pump same with the lack of demand.
- Good partnerships can drive the demand of a particular coin thereby increasing its market value and making it expensive.
Generally cryptocurrency will become more expensive if adoption happens anytime which I believe is close by.
-Supply and Demand which is a very essential factor that aids the market value of things including cryptocurrency market price. If a lot of people try purchasing a particular coin then the price will definitely pump same with the lack of demand.
- Good partnerships can drive the demand of a particular coin thereby increasing its market value and making it expensive.
Generally cryptocurrency will become more expensive if adoption happens anytime which I believe is close by.