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Alt coins follow the principle of "supply and demand". With limited supply and increase demand of a particular alt coin on the market, the value of that coin increases accordingly as the coin experiences a huge influx of investors.
it simply goes up when the project success to gain their goals. More people will believe in the project and attract more volume on the exchanger
Quote from: Domithra on July 16, 2018, 02:51:00 AMAlt coins follow the principle of "supply and demand". With limited supply and increase demand of a particular alt coin on the market, the value of that coin increases accordingly as the coin experiences a huge influx of investors.Yes. Of course, The need of the coin and the number is limited at market are to make alt coin valuable. And suddenly, the price will increase significantly at market.
The number of enthusiasts and holders will affect the value of crypto. if the larger the coin enthusiasts then the price will be more expensive.