Altcoins
August 16th, 2023

I tried to understand why this or that altcoin grows or falls, and perhaps I understood, but I'm not sure.
I think that the growth of altcoin depends on several factors:
1. The number of holders the more in % ratio the better
2. The number of coins involved in supporting the network is staking or mining the more stakers and miners the better.

And several p.s:
You also need to take into account that if a token is worth say 0. 001 it doesn't mean that it doesn't grow, you can go and look at the history and be surprised how many X's it has given for all time, and all thanks to the holders stakers and miners (in my opinion).
Yes, I don't argue that the news also affects the rise and fall of altcoin, traders speculate on it, and I once earned a couple of dollars thanks to quick information.

That's all, my opinion may change at any time. But at the moment I think like this.

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