common-close-0
BYDFi
Trade wherever you are!

What factors do the sharks consider when valuing digital currencies?

avatarKishan PadsalaDec 28, 2021 · 3 years ago1 answers

When it comes to valuing digital currencies, what are the key factors that the sharks consider? What aspects do they take into account to determine the value of a particular cryptocurrency?

What factors do the sharks consider when valuing digital currencies?

1 answers

  • avatarDec 28, 2021 · 3 years ago
    When valuing digital currencies, the sharks take into account various factors. They consider the technology, market demand, team, market sentiment, and tokenomics. By analyzing these aspects, they aim to identify cryptocurrencies with growth potential and long-term value.