What makes a crypto coin go up in value

what makes a crypto coin go up in value

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What makes Bitcoin and other CryptoCurrencies go up in value?
It increases in value based on supply and demand. The supply of a cryptocurrency depends on how many new coins are being mined and how many. The three primary factors that drive crypto value are: supply and demand, market perception, and competition. Most cryptocurrencies implement mechanisms to. Bitcoin's price is primarily affected by its supply, the market's demand, availability, competing cryptocurrencies, and investor sentiment. Bitcoin supply is.
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