What I'm curious about is how the value of a currency is determined.
Is that the exchanges that determine the value of a coin? Or something else?
For IPO coin where several millions are sold at 10k sat or more, mostly based on the evaluation of the level of stupidity of the buyers who pay for it (as well as on what the dev has planned to do with the IPO money: Bahamas 50btc, big sport car/small house 350BTC, large house 700BTC etc...)