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The switch allowed Litecoin miners joke about the state of he has described Dogecoin as.
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| What drives the price of crypto currency | On a medium-to-long-term basis, Dogecoin has been on a general upward trend, like many other cryptocurrencies. The Volatility and Unpredictability of Cryptocurrencies Before analyzing what drives crypto prices, we must look at digital currencies' volatility and unpredictability. However, adoption is happening with other cryptocurrencies as well and should not be overlooked. However, the content of the media coverage is also essential. However, the power of the crypto community can go both ways. Not so, says the media. |
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Who Determines the Price of Cryptocurrencies?Their price is determined by how much interest there is on the market in buying them � that's called demand � and how much is available to buy �. Bitcoin prices are driven by the same principles of supply and demand that govern the cost of goods and services, exchange rates, etc. Cryptocurrencies often see their prices increase when they get listed on a major exchange. There's even a term for this -- the �Coinbase effect� -- meaning the.
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