BTTC appears to be in a state of saturation
The price of currency $BTTC is determined by the supply and demand mechanism on centralized platforms
On decentralized platforms, price determination relies on liquidity pools, which are smart contracts containing a pair of assets (for example, BTTC/USDT). The price operates according to a mathematical equation known as x * y = k, where:
x represents the amount of BTTC in the pool.
y represents the amount of USDT in the pool.
k is a constant that does not change.
When someone buys BTTC using USDT, the amount of USDT decreases and BTTC increases within the pool, causing the price to rise. Conversely, when selling, USDT increases and BTTC decreases in the pool, leading to a price drop.
The larger the liquidity, the slower and more stable the price changes, and vice versa: weak liquidity makes the price highly sensitive even to (small transactions.)
