RE: CTP Talk weekly stats report
(Edited)
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Hello paul @pjansen
This is great information.
I am very interested in learning what makes the ctp token fluctuate in price.
Since this is my first venture of this kind in actually using a token.
Is it the capitalization that makes the price go up or is it the amount of users?
Just curious.
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Hey @alente that's a good question. Without technical market information to back this up, I think it is mainly driven by CTP liquidity on Hive Engine. You could see this at the beginning of February where there was an interest in the token and the price went up because there were not a lot of sellers. Vice-versa when people wanted to take profits at the end of February, it came down very quickly because there where not a lot of buyers in the market.