Let's say there is a coin listed on pancakeswap and not listed elsewhere. Users keep on sell and purchase the coin..
So i am curious to know; how does the price go UP & DOWN because now the coin is on DEX only...
on CEX the price goes UP & DOWN; totally depends upon demand & supply... but how this thing work on DEX?
The same I guess, if there is a huge demand because of the hype then definitely it will go up.
And the opposite happen, it investors doesn't find this coin to be profitable then they won't buy it.
That's why it's important to follow each coin specially those that you think that make a good run because of the hype. And if by chance you have them and they are listed in a good exchange, chances are the price will go up.