MultiversX Tracker is Live!

Explain to a beginner: explosion of a crypto price

Binance

Cryptocoins Exchanges / Binance 207 Views

Hey guys I am not that new but I still have to learn a lot. Can anyone tell me what causes a price of a crypto to explode.

Sometimes it seems logical. Like after an update or something like that. But sometimes it seem kinda random for a crypto to just skyrocket. (Or crashes)

Does everyone collectively think they are going to buy/sell. It’s probably a lot more complicated than that. Maybe you can take SOL as an example.

I am curious about your answer :) Have a nice day

submitted by /u/HzrdCorruption
[link] [comments]
Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
πŸ’° Install these recommended apps:
πŸ’² SocialGood - 100% Crypto Back on Everyday Shopping
πŸ’² xPortal - The DeFi For The Next Billion
πŸ’² CryptoTab Browser - Lightweight, fast, and ready to mine!
πŸ’° Register on these recommended exchanges:
🟑 Binance🟑 Bitfinex🟑 Bitmart🟑 Bittrex🟑 Bitget
🟑 CoinEx🟑 Crypto.com🟑 Gate.io🟑 Huobi🟑 Kucoin.



Comments