🔍 Who values a cryptocurrency?
👉 The market does.
People, companies, institutions, and traders are the ones who, by buying and selling, define the price in real-time. If more people want to buy than sell, the price goes up. If there are more sales than purchases, the price goes down.
⚙️ How is value determined? – Main factors
1. 📉 Supply and demand
Limited supply (like Bitcoin, with only 21 million): tends to increase in value if demand rises.
Growing demand due to adoption, use, or speculation: the price goes up.
2. 🛠️ Utility of the project
Does it serve any real purpose?
Example: Ethereum allows for the execution of smart contracts, which is why it has demand beyond mere speculation.
3. 📡 Technology and scalability
Is it fast, secure, decentralized?
Example: blockchains like Solana or Avalanche gain value due to their speed and low fees.
4. 🧠 Trust and reputation
The community, the development team, partnerships (for example, companies that use that crypto).
A hack or scandal can destroy trust (e.g., Terra/LUNA).
5. 🪙 Tokenomics
How many tokens are there? How are they distributed? Is there burning? Is there inflation?
Good economic design provides stability and predictability.
6. 🌐 Institutional and regulatory adoption
Large companies or countries that accept or use cryptocurrencies increase their value.
Positive regulatory news also boosts prices (like BTC ETFs or pro-crypto laws).
7. 📈 Speculation and market sentiment
Many investors buy "because it's going up" or due to hype.
This can temporarily inflate the price (bubbles).
📌 Quick example: Why is Bitcoin worth so much?
Limited supply: 21 million.
High global demand.
High institutional adoption.
Trust as "digital gold."
Perception as a store of value (especially during inflation or fiat crises).
High liquidity and media presence.
#Cryptojosae