Understanding the Factors that Influence Coin Prices at Launch
The crypto market has become a major highlight for investors and financial observers. One of the most exciting moments is when a new coin is launched. However, what actually makes the price of a coin soar or fall so quickly? Let's explore the factors that influence the price of a coin at launch.
1. High Initial Demand:
High initial demand from investors and potential users can be one of the main factors that triggers a coin price increase at launch. Huge initial interest can create a significant price boost.