iconIn progress
logo
Expert question
iconMark the best answer to this question and earn +2 reputation points

What determines the price of Telos?

Does user traffic increase its value?

The amount of transactions influences?

The quality of community work affects?

Answers 2

In the end, it is about buyers vs sellers. Or better said, a buyer finalising a trade sets the price and a seller finalising a trade also sets the price.

Whether price rises or falls is purely determined by the buy pressure versus the sell pressure.

At the current stage, Telos price seems mostly affected by speculation because the applications are still being developed. Once there will be clear and actually available use cases, buying pressure may increasingly come from users seeking tokens to use the Telos network instead of speculation.

Sentiment mainly, which is then comprised of all the things you mentioned - plus other factors.

SirKnight

|
Preview
Nothing to see yet