#CryptoReboundStrategy How to calculate the price of any currency, for example, the currency $BIO
BIO
0.715
-6.09%
As you know, the prices of digital currencies are like all other goods and products available in the market, as only two factors control their rise and fall, which are supply and demand. Let us take an example of determining the price of a currency and say that the market value of the currency is $ 922 million and the circulating supply is $ 1.3 billion. Therefore, we will perform a simple process, which is:
922 million / 1.3 billion = $ 0.7 is the price of the currency $BIO Given this data
Disclaimer: Includes opinions of external parties. Not financial advice. May contain sponsored content. See terms and conditions.