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What’s always move the price of cryptocurrency ?
Immediately a coin got listed for trading the price will be reflected but moving up and down.
Why moving.?
It is worth understanding that cryptocurrency is the same as a physical product sold in a store. There is always supply and demand and that is what affects the price. There are many rich investors who can sell a lot of tokens on their own and cause a rise or fall, so you should always use a stop losRead more
It is worth understanding that cryptocurrency is the same as a physical product sold in a store. There is always supply and demand and that is what affects the price. There are many rich investors who can sell a lot of tokens on their own and cause a rise or fall, so you should always use a stop loss if you are a trader. Also, after the listing, the price always rises in the first seconds due to the fact that a lot of rich people bought this token at an early stage and the demand is greater than the supply, but then small investors try to sell their tokens and during the day the price continues to fall
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