|
February 15, 2021, 12:10:20 AM |
|
Altcoins price movements are based on supply and demand, so coins with a high enough demand will definitely continue to rise in price. Especially if the amount of supply is limited, then if the demand is high, the price will automatically soar. Then the market cap has no effect on the coin price, because if the coin price is cheap but has high demand with a limited supply, surely the market cap is much higher. Things like this include the basics of the economy, therefore in choosing coins for investment correct analysis is necessary. So as not to set the wrong purchase price.
|