How Crypto coins go up?
And how can they go up 1000% and 70% in a day?
How does it even work?
Well, this is just like any other market.
There's buyers on one side, and there's sellers on the other side.
The buyers have tokens, or the buyers want tokens, so they're going to buy from the sellers, and the sellers are trying to sell their tokens to the buyers.
And if those two people on either end of the market agree that the price should be higher, and they're willing to buy it for a higher price, it'll go up.
So, for example, let's take Ethereum. Ethereum is at, let's say, $3,000.
But if there are two people in that market that decide that they want to buy it for $3,100, it will increase the price to $3,100.
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