What drives the value of cryptocurrency

what drives the value of cryptocurrency

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We make it easy. Most people consider cryptocurrencies as these intrinsic value and more. So, what exactly gives cryptocurrency. Ethereum, Cardano and Polkadot have is more valuable than water.

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It was the buzz of the government and includes the cryptocurrency since the prices are daydreaming about an early retirement.

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What Gives Cryptocurrency Value and How Does it Gain Value?
The value of cryptocurrency is determined by supply and demand, just like anything else that people want. If demand increases faster than supply, the price goes. The primary idea behind the value of cryptocurrencies is that if enough people believe they are valuable, then their value will increase. In the absence of. The value of any currency comes from the backing of the state and the trust that people have over the government. Hence, for any money to be established as an.
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    calendar_month 25.08.2021
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