See my reply above for my thoughts about it having to do with liquidity and total current in circulation. Anything that is more liquid tends to be seen as more able to be used for transactions
I'm not reading too much into the crazy price other than that all cryptos have crazy prices right now. But I'm no expert on such matters, could be something else is going on.
See my reply above for my thoughts about it having to do with liquidity and total current in circulation. Anything that is more liquid tends to be seen as more able to be used for transactions
I'm not reading too much into the crazy price other than that all cryptos have crazy prices right now. But I'm no expert on such matters, could be something else is going on.