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Cryptocurrency price is determined by. This means users must reach a consensus about cryptocurrencys value and use it as an exchange medium. How is the price of Cryptocurrency determined. The reason why Bitcoin.
It was developed in 2009 by Satoshi Nakamoto a name that was adopted by an unknown programmer or programmers.
Supply and demand is the most important determinant of cryptocurrency prices. The price of Cryptocurrency is not determined by a central authority like a bank or any international authority. Cryptocurrency supply and the demand of the market. The price of the cryptocurrencies is determined by the market of buyers and sellers according to the supply and demand that exists. Heavy demand from buyers will push the value of a digital coin upwards. You have two different crypto projects project A with 1 million tokens and project B with 100 tokens.
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