What matters to grow the price of an Altcoin

[JCviggen]

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.

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[kynaz]

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.

[Teinkle]

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.

[RealMalatesta]

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.

[skeleto88]

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.

[samcrypto]

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.

[ballerin and giroud]

A good team behind the project will automatically make its project (coin/token) being traded on some popular exchange. So you have to choose a good team first instead of choosing an altcoin based on their prices. As long as the team behind the project is good and they have the same purpose I think they will try to make the project to be successful and being used by many people. And this thing as well will make the price project is high, you can see the bnb (binance coin) price, the price is high because the result of team behind the project.

[ViralNation]

Most important is who has invested in the project.

For example take a look at Creditcoin (CTC)

The price has slowly been rising the past 4 months, up almost 5x right now as more and more people learn about it.

This coin was invested in by Coinbaser and Y combinator so people know its a legiatmate project and will eventually list on coinbase.

As more people find out the price will continue to grow and grow

[crypto_keen]

Higher demand and market volume of the altcoins are essential that makes the price grow higher.
Altcoins have higher demand based on the true values of the project. Users buy altcoin based on the realistic use case of its project and the exchanges it listed. The project should be transparent to their users and needs constant improvement on its platform in order to serve better. The price of the coins does not depend on how much followers do you have or about the community hold, it purely depends on the integrity of your project.

The last is to hold and keep said altcoins for long periods of time in the hope that they will appreciate significantly in value, either by storing them to make a profit.

All these little things makes a bigger difference.

[ViralNation]

Higher demand and market volume of the altcoins are essential that makes the price grow higher.
Altcoins have higher demand based on the true values of the project. Users buy altcoin based on the realistic use case of its project and the exchanges it listed. The project should be transparent to their users and needs constant improvement on its platform in order to serve better. The price of the coins does not depend on how much followers do you have or about the community hold, it purely depends on the integrity of your project.

The last is to hold and keep said altcoins for long periods of time in the hope that they will appreciate significantly in value, either by storing them to make a profit.

All these little things makes a bigger difference.

Yup this is correct. For example look at coins like Creditcoin. Very High Demand ($10m in daily volume) and as a result the price has just continued to grow and grow and grow. Team has realistic use cases for the project, is transparent to their users, and constantly improve their platform. As a result the price has continued to increase everyday almost up 6000% over the past 3 months.

[Captain Corporate]

 Lack of supply is always a good idea but that is only viable if there is also increasind demand for it constantly. Plus you should also not create insane amount of it from start and tell people that you own all of it and you will distribute it somehow, that really doesn't do any coin justice, smartest move that I know would be let people mine some of it after the ICO ends. So the best way is have like 21 million coins printed already, than tell people to invest and fund you, lets say you were able to sell 4 million of it, than burn all the other coins that you created, and tell people that you own zero and they own 4 and the rest 17 million will be mined with proof of work. That way you are getting a ton of attention and you also have funds anyway so if you want you can buy some too.

[BitcoinTurk]

First and foremost, the basic requirement should be good market conditions. The more active the investor in the market and the more money it enters into the market, the better it will be for the investment instruments of the current market. When good market conditions and sufficient investors are provided, the following factors affect alternative crypto prices;
Trusted and Hard-Working Project Team: If a project's team consists of hardworking and successful people, then the price will increase very easily. The most important factor and factor in the projects is the honest and hardworking team.
Wide Usage: The project must have a wide usage area to prove its success and reach as many people as possible. In addition to its wide usage area, it is also important that it appeals to a wide range of users. Projects that appeal to a single use area and a single user group have never been successful and could not satisfy their investors in terms of price.
Transparency: The honest team should report everything to its users and clearly show how and where the funds used for the project were spent.
Successful Marketing: Projects that have a good marketing team can definitely get a good position in the market.

All these factors that I have mentioned affect the price of crypto projects and shape their future.

[joybella]

Making a listing on one major exchnage is enough for altcoin growth. Another way is by creating working products and more utility for the project. Also having a great community who are enthusiastic about the project does help.

[lixer]

It really has a variety of factors that we can't really put our fingers on, many things could make a coin go up and same amount of things could make it go down as well. Sometimes it is hype from everyone for a coin that went viral, sometimes it is a new idea for a blockchain project that has never been done before, sometimes it is a great marketing budget that puts a projects name on every computer thanks to google and so forth ads, and sometimes it is just famous crypto people deciding to make their own currencies, or even maybe some famous Hollywood people endorsing a coin.

This is literally just the start of the list, there could be 10 pages long reasons why a coin gets an interest and another 10 pages why an altcoin would drop in price as well.

[TheUltraElite]

Inherent supply demand generation drives the price of any coin. If you a system of spending the coins on a certain service or marketplace and those services are very much in demand, maybe not pricey but needed in quantity then the demand for the coin will rise. This will also be propagated by good marketing methods of reaching out to those users who are going to use this coin to pay for the services. It is not a one word answer, in reality it takes a lot of work and often marketing is not done properly or the team does not agree on things.

Till date only bitcoin has been able to do this. Merchants have slowly started accepting bitcoin in many places and it is being bought and sold like this.

[blue_hurricanger]

Combination of a strong number of supporters and an actual product value. It doesn't have a high price, just things above and the price will eventually go up. Ah, need a good team of devs that know what the direction of their coin and be transparent about their progress with the community as well.

[FairUser]

Making a listing on one major exchnage is enough for altcoin growth. Another way is by creating working products and more utility for the project. Also having a great community who are enthusiastic about the project does help.

Exchange is not so important to the price increase of projects. The most important thing is that they need a large community to support them and have products to prove they are good projects. And from there they will get the attention of big organizations and the price can be pumped

[Jocuserious]

There are many factors affects the price of any altcoin, according to my knowledge,
Short-term

• Bitcoin market status where Bitcoin long the market, Altcoin long also long, Bitcoin short the market Altcoin short
• News around the altcoin
• New exchange listing

Long-term

• Use case of the altcoin
• Development performance and proggress
• Marketing team
• Solid parterships

Some right point in here'' even if a project development progress still unactive with no activity team and then those projects price never grow. Other one point a real project always want more exchange for increase investors eraa and price.

[killerfrost]

There are many factors affects the price of any altcoin, according to my knowledge,
Short-term

• Bitcoin market status where Bitcoin long the market, Altcoin long also long, Bitcoin short the market Altcoin short
• News around the altcoin
• New exchange listing

Long-term

• Use case of the altcoin
• Development performance and proggress
• Marketing team
• Solid parterships

This is what I want to see, you have come up with the most accurate ways to help altcoin prices can rise. And it all depends on the project, if the project is good and potential, I believe the price will easily increase.

[Alohadanc3]

There are many factors that altcoins price depends on. One of them is market conditions in lower time frame the market conditions heavily depends on altcoins price. The next thing is the development of the product they promised or the product use. If the product is not that good the price will surely goes down. Then the next thing is exchange support. If big exchanges support that coin price will be high and stable. Other things like team , community , promotion that's also matter. But I think price is not all. If the coin don't have any useable value then high price doesn't matter.