🚀 Why does a cryptocurrency increase in value?
Have you ever wondered why some cryptos suddenly rise? Here are the main reasons 👇
🔹 High demand: More people want to buy it than sell it = the price goes up.
🔹 Good news: Partnerships, updates, or announcements boost confidence.
🔹 Limited supply: Like Bitcoin, some cryptos have a maximum number = scarcity = value.
🔹 Speculation: People buy just to resell at a higher price = snowball effect.
🔹 Real adoption: If a crypto is used in the real world, its value increases.
💡 Summary: the more there is confidence and utility, the higher the price goes.
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