What determines the price of an ALTCOIN ?

[unfogiven19]

Hello,

I have a question, which I couldn't understand. What determines the price of an ALTCOIN?

for example:

ranked 4: Cardano price is 0.95 USD .... market cap: $30,158,999,828

while

ranked 5: Polkadot price is 25.14 USD .... market cap:  $24,025,000,997

on the other hand,

ranked 21: Avalanche price is 46 USD .... market cap: $3,610,321,000


What did I miss here ? why for example cardano is cheaper while avalanche or balancer coin has lower market cap but they are expensive than cardano and Polkadot ?

thank you in advance.

[Ucy]

Simply demand and supply. The coin with higher price probably has high demand. Staking kind of contribute alot to the demand. If there is more demand for a coin than there is available to sell, the coin rises in price. If there are more supply to sell than demand, it falls.

[Kena Banned]

Hello,

I have a question, which I couldn't understand. What determines the price of an ALTCOIN?

for example:

ranked 4: Cardano price is 0.95 USD .... market cap: $30,158,999,828

while

ranked 5: Polkadot price is 25.14 USD .... market cap:  $24,025,000,997

on the other hand,

ranked 21: Avalanche price is 46 USD .... market cap: $3,610,321,000


What did I miss here ? why for example cardano is cheaper while avalanche or balancer coin has lower market cap but they are expensive than cardano and Polkadot ?

thank you in advance.

The market cap is price multiply by circulating supply.
While the price was determined by trader who buy or sell the coin. Its bassicly a demand and supply war which will determine the price.

[Koutami]

Simply demand and supply. The coin with higher price probably has high demand. Staking kind of contribute alot to the demand. If there is more demand for a coin than there is available to sell, the coin rises in price. If there are more supply to sell than demand, it falls.

True, its economic basic rule.
But sometimes the price was pumped by a group of trader which make the demand so high at the time, but its will decrease soon as it just a instant demand and will not long-lasting.

[XCANA]

Simply demand and supply. The coin with higher price probably has high demand. Staking kind of contribute alot to the demand. If there is more demand for a coin than there is available to sell, the coin rises in price. If there are more supply to sell than demand, it falls.

True, its economic basic rule.
But sometimes the price was pumped by a group of trader which make the demand so high at the time, but its will decrease soon as it just a instant demand and will not long-lasting.

Not far from the truth, well, after this rule the one thing that potentially determine the price of every-Altcoin around the cryptocurrency is the product. An altcoin project with a workable product will definitely make wave for itself, these sects are self promotional and doesn't need any pump group in the ecosystem. Any workable product(project) will always attract the rule of demands IMO.

[harizen]

What did I miss here ? why for example cardano is cheaper while avalanche or balancer coin has lower market cap but they are expensive than cardano and Polkadot ?

Actually, in crypto, not with the supply, but the demand plays a big role. If there's a hype or a big shill for example, expect that even a sh*tcoin, deadcoin, low/high marketcap etc. can increase their respective market price.

Take a time reading here, it will surely feed your mind:
https://coinmarketcap.com/faq/

[devil2man]

the value of an altcoin is not given by its volumes on an exchange but by the demand and the offer in general and the interest of investors in it,sometimes its value is artificially manipulated by the so-called whales

[Zeehaxan]

Hello,

I have a question, which I couldn't understand. What determines the price of an ALTCOIN?

for example:

ranked 4: Cardano price is 0.95 USD .... market cap: $30,158,999,828

while

ranked 5: Polkadot price is 25.14 USD .... market cap:  $24,025,000,997

on the other hand,

ranked 21: Avalanche price is 46 USD .... market cap: $3,610,321,000


What did I miss here ? why for example cardano is cheaper while avalanche or balancer coin has lower market cap but they are expensive than cardano and Polkadot ?

thank you in advance.

I do not know what is so difficult in it as it very easy to understand that answer to your query is circulating supply, so the higher the supply the price will be less but market cap could be higher similarly for a small supply coin price would be high and market cap could be lower. So supply is very important factor that can define price and total market cap.

[Mtaiwo]

The major determinant of altcoin price is Demand and supply this is influenced the market acceptability of the coin, this is base on what the coin is really offering to the public, which can be regarded as intrinsic value.

[kindbtc]

Hello,

I have a question, which I couldn't understand. What determines the price of an ALTCOIN?

for example:

ranked 4: Cardano price is 0.95 USD .... market cap: $30,158,999,828

while

ranked 5: Polkadot price is 25.14 USD .... market cap:  $24,025,000,997

on the other hand,

ranked 21: Avalanche price is 46 USD .... market cap: $3,610,321,000


What did I miss here ? why for example cardano is cheaper while avalanche or balancer coin has lower market cap but they are expensive than cardano and Polkadot ?

thank you in advance.

Tokenomics of a coin determine the price of the coin which os often directly proportional with the market cap and inversely proportional with the supply of the coin. So in my eyes the price of the coin is not that much important but yes psychologically it does have an impact on ones investment.

[rat03gopoh]

But sometimes the price was pumped by a group of trader which make the demand so high at the time, but its will decrease soon as it just a instant demand and will not long-lasting.

the attempt at price pumping is only to increase the power of demand, it will not determine whether the quantity demanded will increase or not.
Also, the total capitalization also matters. The amount of supply and demand has no effect on small capitalization because it is easily manipulated by a group or even a person.

[asriloni]

You can compare the supply between all of them. The total supply was also giving a very big impact to the how much price for coin.

Ada is having 30 billion supply, while DOT 1 billion and avax 75 million tokens.
The total supply will be making how much total inflation in the market. The valuation will be calculated based on how much demand for these supply. The demand from the market and supply that already issued by the team will determine the price of token or coin.

[tabas]

Compute the supply of them all. Just like in BTC, the total market cap divided by circulating supply.

Code:

Total market cap / circulating supply = price 

[unfogiven19]

thank you all for demonstrating this matter!

Now I get it, supply is more important than market cap


you can find supply of every coin here :

https://coinmarketcap.com/all/views/all/

[Marble777]

which can affect the price of a coin is dependent on the supply and demand in the market. the more demand for coins in the market, the higher the price and vice versa. besides the number of coins supply, usually coins that have a limited supply have a high selling value.

[tabas]

thank you all for demonstrating this matter!

Now I get it, supply is more important than market cap


you can find supply of every coin here :

https://coinmarketcap.com/all/views/all/

Actually it should be a combination of both. As you see a project like YFI has started it to have a lesser supply but its market cap is good. I think they're the one who started to have lesser supply to have a better chance of growing. But that doesn't mean that it's the only reason why they became popular. It's still relying to the true potential of the altcoin that you want to invest.

[Fivestar4everMVP]

A lot of things play the role mate, well , actually , not really a lot of things, but for example, total and circulating supply plays a role, and also the market capitalization plays a role to how the altcoin is ranked.
for example, a coin or token with a lot of circulating supply which have a high demand in the market is likely to worth less in dollar than a coin or token with a few circulating supply and also has a high demand in the market, but in this scenerio, the coin or token with the higher circulating supply is likely to rank higher while that with low circulating supply will be worth more in price due to scarcity but will rank lower due to low coin in circulating with results to low market capitalization.

[coinswebid]

Hello,

I have a question, which I couldn't understand. What determines the price of an ALTCOIN?

for example:

ranked 4: Cardano price is 0.95 USD .... market cap: $30,158,999,828

while

ranked 5: Polkadot price is 25.14 USD .... market cap:  $24,025,000,997

on the other hand,

ranked 21: Avalanche price is 46 USD .... market cap: $3,610,321,000


What did I miss here ? why for example cardano is cheaper while avalanche or balancer coin has lower market cap but they are expensive than cardano and Polkadot ?

thank you in advance.

because cardano has more coins in circulations rather than avalanche or balancer mate,,
thats why we must know about the circulating supply and total supply from any coins, to predict the future price from the coins

[didzi]

Hello,

I have a question, which I couldn't understand. What determines the price of an ALTCOIN?

for example:

ranked 4: Cardano price is 0.95 USD .... market cap: $30,158,999,828

while

ranked 5: Polkadot price is 25.14 USD .... market cap:  $24,025,000,997

on the other hand,

ranked 21: Avalanche price is 46 USD .... market cap: $3,610,321,000


What did I miss here ? why for example cardano is cheaper while avalanche or balancer coin has lower market cap but they are expensive than cardano and Polkadot ?

thank you in advance.

of ourse the power of buyers and sellers my friend, and high market cap will not make the price high if the project has a lot of supply
and low marketcap will has a good price if the supply was low

[Karartma1]

The amount of hype and non-sense involved in sustaining unsustainble projects or so-called altcoins is what drives their prices. There's no supply and demand here, come on. Most of these projects are based on promises: the next gen oracle, the next gen currency, the nex gen virtual machine etc.
Most people invest in this crap because bitcoin price is too high... I have seen too many failed altcoins and I am completely disillusioned.