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Opinion Show more Opinion. Certainly, financial institutions have made efforts to appear more crypto-friendly over the past year. Named after but unaffiliated with dogecoinwhich began as missing out can turn to make the price fall.
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What gives cryptocurrency its value?Crypto prices are ultimately influenced by supply and demand, and we can further describe the key causes as related to fundamentals, macro. Supply and demand: Cryptocurrency's value is determined by supply and demand. When demand increases faster than supply, the price increases. The value of cryptocurrency is determined by supply and demand, just like anything else that people want. If demand increases faster than supply, the price goes.
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