MultiversX Tracker is Live!

New and trying to understand

Etherum Reddit

More / Etherum Reddit 214 Views

So from what I've read the blockchain seems amazing and filled with potential. What I am having having a hard time understanding is what that has to do with the price of cryptocurrency. Where I am lacking understanding is how does the utilization of a project translate to increased value of a coin. I understand how if a business makes more sales their stock price appreciates as their assets and future earnings increase which makes sense to me. Does popularity or utilization of a project increase the assets of that project and directly increase the value of a coin? If so how, are fees redistributed among the coin holders or something?

submitted by /u/finumber
[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