Hello Sereyans. I hope you had a Merry Christmas and you are looking forward to a prosperous New Year 2021.
Happy New Year to all Sereyans!
This is my first post here at Serey this year 2021. I hope to make it short and educative.
The price of a crypto token is decided by a few factors which I will try to list some here.
Supply and demand
Any token being offered in the market must be in high demand. This is influenced by the supply. The more a certain coin floods the market is when its price goes down. The token must be scarce. People should be in demand of it.
Mutual Agreement
Often a price of a token can be agreed upon by the buyer and the seller. If the seller fixes a price which the buyer agreed upon then that becomes the price of the coin.
The Last Price Offered at any Exchange
Dex or exchange companies will actually influence the price of a token.
Here Is How We Can Influence The Price Of Serey
Serey is now offered for sale at STEX. The price is very low because people have offered low price. From the image above 0.00000004 BTC is the present price. It went up from 0.00000002 BTC which was the price currently. Somebody had offered some 500 Serey at 0.00000003 for them. So I bought all of them and bought some at 0.00000004. The Price went up.
Now we have 13649 Serey offered at 0.00000004, 7500 @ 0.00000005 etc. If the ones who offered the low prices can cancel the offer or we get people to buy their Serey and we forbid any other person offering low price then Serey price will go up.
All Sereyans must be ready to buy low and sell when the price will rise. If we do so then the price of Serey will go up.
If we buy out a total of 113183 Serey at between 0.00000004 and 0.00000019 BTC then the price will be at 0.0000002 and it can go up. We should all be buyers and sellers for Serey to go up.
We should help each other. Thank for your post 👍🏻