the price of tokens will further increase depending on the performance of the team and also can be due to partner with large companies. but what is more influential is the price increase is to see the performance of the team in developing its projects
I think at this time the effect of the project renewal is not so influential on their prices. renewal is very important but currently, the market influence is stronger than the update planned by the project. unless some incremental events take place. it's usually successful at increasing prices.
When projects are able to expand and reach out to big partners, who are able to either use their products or are able to make a meaningful contribution to their platforms, there is every possibility that it could influence the prices of their tokens, although, the community must also be involved.