FACTORS THAT AFFECTS THE PRICE OF AN ALTCOIN?

[pureheart]

Hi everyone, since I'm still a newbie, and I didn't even tried trading,
I'm just wondering what factors affecrs th price of the token.
And also why some exchanges have higher selling price and others have lower selling price. Can you share your thoughts?

[Herbert2020]

pump and dump.
which is basically pure manipulation of the market. sometimes it starts with some sort of news which hypes the coin and leads to its pump. for example Stellar was listed on Coinbase (or is going to be listed?) and that hyped it up a lot and lead to a big pump of it.
but sometimes it is just pumpers picking up some random shitcoin and pumping it for short term profit.

And also why some exchanges have higher selling price and others have lower selling price. Can you share your thoughts?

price of altcoins are always the same with a very small difference on different exchanges.
if a difference occurs it will be resolved in a very short time because people either buy/sell that coin on the other exchange and bring the price to the same level as other exchanges or they arbitrage it to come to that level.
if you see a persistent difference then it means there is some problem with that exchange with different price.

[Shative]

The world of cryptocurrency has always been unpredictable, the prices of the coins keep fluctuating from high to low and vice versa every now and then. The prices mainly get affected by market manipulation so your profit or loss depends on when you sell it. If you sell them when the prices go higher then you earn profit but if you sell them when the prices start to drop you're obviously having a loss, so it's always better to be patient in the world of cryptocurrency.

[Bourn1993]

There are many factors that are visibly related to the Cryptocurrency prices. The price goes ups and downs regarding being affected by some internal and external issues which are- supply-demand factor, crypto prices cross-influence, upgrade of software and platform app, changing in Govt. regulations, news in media, bitcoin price, of course, the blockchain collaborations, interest rates etc. To assume any project or investing in it, one may research and consider those factors.

[Bere ice]

two words: pump and dump. The prices are pumped so they get the hype and gets an increase in price. And then later, they get dumped when their prices fall. This is the min factors which has affected the prices of Altcoins till date.

[Youggairch]

The main factor or the game play of altcoin is pump and dump. The prices are pumped till it reaches a certain height and then dumped. This is the strategy played by all the altcoin investors and this way they get the profit.

[sarfwr]

First, there may be price manipulation or good and bad news from the team.
Second, the fluctuation of bitcoin price will influence the trend of Altcoin.

[Financial Freedom 4U]

pump and dump.
which is basically pure manipulation of the market. sometimes it starts with some sort of news which hypes the coin and leads to its pump. for example Stellar was listed on Coinbase (or is going to be listed?) and that hyped it up a lot and lead to a big pump of it.
but sometimes it is just pumpers picking up some random shitcoin and pumping it for short term profit.

And also why some exchanges have higher selling price and others have lower selling price. Can you share your thoughts?

price of altcoins are always the same with a very small difference on different exchanges.
if a difference occurs it will be resolved in a very short time because people either buy/sell that coin on the other exchange and bring the price to the same level as other exchanges or they arbitrage it to come to that level.
if you see a persistent difference then it means there is some problem with that exchange with different price.

Great answer. I am also very cauteous trading in this market due to the high risk of manipulation. Things like washtrading and spoofing are happening on a daily basis as there are no regulations. In other financial markets there is much less risks as these things are illegal. It‘s also much harder to do even if you play with millions. In the crypto market if one whale sells his position the token can decrease in price by double digits and newcomers get burned as they are not aware of this and think that „everyone is selling“ and therefore better get out quickly

[Lisedc]

From my point of view the price of altcoin is quiet same all the time. If a difference is happenit will be resolve in every small time because people either exchange the price at a same level.

[hewbrowden]

Hi everyone, since I'm still a newbie, and I didn't even tried trading,
I'm just wondering what factors affecrs th price of the token.
And also why some exchanges have higher selling price and others have lower selling price. Can you share your thoughts?

I believe that the price of Altcoin depends primarily on the number of its investors, then on the price of Bitcoin and, of course, on advertising.

[louie69]

In my views, factor that affects the altcoin price could be FUD and negativity of the news which may drag the altcoin price down trend. I also believe that such FUD and negative news could be a part of the whales manipulation. Lastly, if more supply of alts had been dumped in effect there will be more supply, this will also have an impact in the price of alts.

[BartholomewBTC]

Prices of altcoins do not really reply on the pump and dump aspect, rather like the demand and supply criteria, as well as the intensity of people's choices to invest in terms of likely possibilities seen in this market. exchanges make minor differences really.

[batang_bitcoin]

To exchanges that doesnt have the same price, its because of their volume.

If the token you are taking a look at that exchange is quite higher than others then it only means that theres higher volume.

[meanwords]

There are money factors but the reason that affects the price of an altcoin is an update in it. Most of the time, the hype attracts new investors which in turn increases an altcoin's price. Next is its real use. If that coin has some real use that would benefit the masses, the demand for it will increase significantly. If an altcoin starts to spread its name across the crypto space, investors would see this as an opportunity and would invest in that because of its reputation alone. It's pretty normal that prices varies in every exchange because different people are trading in different exchanges.

[karthcrypt]

For now,  bitcoin is the most singular factor that affect the price of Altcoin across board. I'd bitcoin is successful and rise in price. It always rub off on Altcoin.

[Loye]

At the beginning its nothing but the hype which is often referred as "pump and dump". Price will skyrocket in no time and then out of nowhere comes down to as low as possible. ALTcoins are almost same when it comes to price, differences in price can be for a short period.

[hermanjones18]

I think if demands are fluctuating then it also affects on the price of the project and it also a common nature of the exchange because prices are vary from one exchange to another exchange.

[Actum]

price of altcoin didn't changes that much this year and what ever the changes has happen it happens mainly because of the users activities,  investors are the main controller their trading varies the level of price growth in the market, if you observe the market properly then you will understand the condition more clearly

[superstarbtc]

the main factor of price growth in altcoin is the development of the particular coin and more important the tie-ups they have all the features lead to price of altcoin

[Hercerays]

There are several reasons behind changing the price of tokens. Pump and dump, Supple and demand these two are major reasons. And different exchanges don’t have big differences for the price of same alt coins. And they are often balanced by trading on different exchanges.