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Author Topic: What matters to grow the price of an Altcoin  (Read 527 times)
NIKUBHI
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April 11, 2020, 04:55:55 AM
 #1

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.
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April 11, 2020, 05:21:31 AM
 #2

You will need to market it. More buyers means higher demand then higher value.

It should not always be about the price but how much the value of a token/coin.
Usage should be there.
If we buy it, is it worth it?
Will there be chances that it can be used someday and not just another coin which is defined to be for their service but the truth is for profit only.
Look at Ethereum. Low price but with great value.
I use it most of the time if I find bitcoin tx fee expensive or I just don't want to lose some of my bitcoin.

Note: Some coins do have a large price but it might just be because of the hype. Soon its going down if everything calms down or the investors finds out there is no future behind it.

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April 11, 2020, 05:25:29 AM
 #3

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.
All of your hint was right. Of course it is something to do with listing on some exchanges and the team handling it. But let met me add more important factors on your doubts.

The project has high value because they have:
  • A working product
  • A potential platform that has a realistic use case
  • Cool features that has been new for everyone
  • High earning platform
  • New tech upgrade or improvement
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April 11, 2020, 05:42:07 AM
 #4

Is it makes a high price by listing on many different exchanges or the team works behind that altcoin/project?
Exchanges and teams are also the most important values ​​in the advancement of altcoin and also the value in the high prices on the market both from how they develop and also from the way they convince investors and the public.

For that investor, a well-known market at the time of Altcoin registration also has a big influence on this situation, where people believe that certain Altcoins are good for investment because they have entered a well-known market.
The most important thing is the higher and many people invest in altcoin prices will soar.





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April 11, 2020, 05:51:35 AM
 #5

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 difference is the demands of the coins.
We have different supply for every other coins and most of the coins we have in the market doesnt have any real use cases this is the reason why its harder for them to increase its price.

The price will not only determine base on the supporters or community even you have many supporters if the project you are supporting doesnt have any use cases it will not increase its price , it will move  but only a little movement.

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April 11, 2020, 05:56:42 AM
 #6

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
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April 11, 2020, 05:58:54 AM
 #7

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 team
The MVP
The community behind the project and i think there were a lot of more aspects that matter a lot in the growth of the price of a coin. it has nothing to do with the price listing consider the price listing will be determined by the exchange site that officially created cooperation with the project itself. That matters a lot to determine how big the price can go after the listing.

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April 11, 2020, 06:38:19 AM
 #8

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.
Every altcoins that have better price on exchanges has few things in common, the team has better experience, they are professionals so they can easily take the project higher, second point is the use case of the altcoins, some will have better demands than the others and more demand equals to lesser supply which will definitely makes the altcoins have better price

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April 11, 2020, 06:51:07 AM
 #9

The use case of BNB gets the token to where it is today, the use case of Ethereum gets the project to where it is today, and the brain behind the success is the team, simple.

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April 11, 2020, 07:07:50 AM
 #10

An altcoin with brilliant development and understandable structure, which is usable in various ways I think this kind of altcoins have higher chances to grow but that's not enough, the altcoin should be listed on a big and notable exchange which is absolutely necessary for positive growth.

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April 11, 2020, 07:15:47 AM
 #11

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.
One simple thing must be "real-world application". Yes, it is all about what kind of solution a new coin is going to provide for what problem. For example, ethereum was developed to provide a platform for tokens which are for eliminating the requirement of having native coins for each project. It means ethereum helps business not to have their own blockchain still they can act like having their own crypto.

This is a big question which all of us want to know.
Not really. Yes, I have seen this type of questions/suggestions have been asked on this forum at least for hundred times but sadly no devs are ready to learn from those discussions. They simply create only speculative based projects just to lure investors.

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April 11, 2020, 07:16:16 AM
 #12

Here are few factors that can affect the price of all altcoin to grow higher
1. Team work
2. Better use cases
3. Earning platform, e.g POS staking etc
4. Deflation feature or burning supply
5. Listing on top exchanges

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April 11, 2020, 07:42:48 AM
 #13

I think the most important thing is those people who created the project. without their decisions, the project will not evolve. he will just stay in the same place. Listings on exchanges are also not carried out without a team. and I think Pumps are also created by project teams






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April 11, 2020, 07:48:28 AM
 #14

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 first and most important is the team, because everything comes down to them, their desire to build a good platform, the urge to make their ideas achievable and the need to see that their project grows; maybe I will say, everything starts and ends with them, how?. A project team needs to be driven by their desire and this is what will lead into building good working products, this is the first step. With their working product in place, they will need good marketing to expose the products to the world out there, with this being done goes to the next stage which is listing on exchange. Exchanges is when the community will know if the project is worth it or not, how? Good projects goes for good exchanges and must not be top exchanges for a start. Therefore once it's on a good exchange with the team working hard behind the scenes, the project will be growing gradually; therefore what neccessary matters is just four things, the team, the idea, the community and the exchange.

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April 11, 2020, 08:07:14 AM
 #15

listing on several exchanges but the product does not work properly then it will not affect the price, all depends on the performance of the team that is in the project
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April 11, 2020, 08:19:00 AM
 #16

If a project use case is rare and good enough there will be huge demand and once there are enough supply spreading around there will be price increase, listing on binance is good too but project needs to be good enough

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April 11, 2020, 08:23:51 AM
 #17

Crypto currency is one of the most risky asset but still rewarding investment in this current era, I think the development and its team can make the price grow of an altcoin. If this goes well and good automatically the demand will increase, so this will make the project more popular and people will stick to it also buy and sell on the time will be the key factor for an altcoin.

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April 11, 2020, 08:42:15 AM
 #18

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.
There are literary thousands of altcoins in the market already so I think altcoin is really going to have a hard time growing a market price especially we know that there are a lot of dead altcoins in the market.

Some of the team or developers are not really planning in growing the coin itself and just planning to earn funds and then disappear or scam the project since this is where it could all end up, running the projects need funds and if they don't earn funds the project is going to stop, for sure the small funds that they earn could easily be a scam and just stop the project itself. All of the efforts and funds are just going to waste if they are not going to list the altcoins in a exchange and that could be expenses in some cases.


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April 11, 2020, 08:52:26 AM
 #19

What affects the price of cryptocurrency?
- development of cryptocurrencies
- governance
- consensus algorithm
- the total supply
- acceptability
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April 11, 2020, 09:05:23 AM
 #20

Firstly I see a good project will be succesful and have a high price because the team behind the project. This is way there will be many people who will suggest you if you have intention to join bounty campaign or if you have to invest to find a good team behind the project. Because the team is form of the project itself, such as if there is a team which just have a good way to promote their project I believe the project will have a high price for a while but when you find a team behind the project that have some people who experts in different fields then the project will have more chance to succeed its project.
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