Cryptocurrencies have revolutionized the way we think about money. They provide a secure, decentralized way to transfer value across the world without relying on traditional banking or government systems. But what is tokenomics, and how does it play into the crypto world?
Token Supply
When it comes to understanding how tokenomics affects a token’s price, there are several factors to consider. For example, token supply and circulation can play an important role in determining the market price of a token. If there’s an abundance of tokens in circulation compared to demand, it could result in downward pressure on prices.