Can someone explain me what makes a coin go up or down in price?

Market cap would be 400Mil then

supply and demand

>>3240233
It’s shut the fuck up and buy bitbean

It's the second one.

>>3240258
>>3240266
Nooo, the market cap in the example is $100 mil and price is $1, the news comes out and the next minute the sellers start selling at $4, that jump set by the sellers doesn't makes the market cap increase in $300 million in an instant...

>>3240293
hence why it's called supply and DEMAND
if no one buys it at 4 dollars it doesnt matter what sellers want for it

>>3240293
You fucking retard, yes it does. Market cap = supply x price

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chencoin

>>3240293
yes, it does.

>>3240315
>>3240318
>>3240322


but we assume they start buying because of the news. So if the market cap was $100 million, then news comes out, then sellers set $4 as the new price and someone buys, are you stupid enough to tell me the new market cap is $400 million a minute later?

>>3240360
Leave now. If you ever start trading I can guarantee you will lose everything. Stick to wagecucking, it's safer for you.

>>3240435
nah, I started with $14k on june and have $27k now even with the horrible bear market on july, but nice try, I still dont get this whole market cap vs supply and demand on price fluctuation bs.

>>3240360
Market cap means market capitalization, yes. It is literally price x shares (or coins). When you see a price shoot up stupid, market cap is your sanity check on price valuation. Finance 101 broham.

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>>3240320

Pajeet make 100,000,000,000 coins.
Pajeet sell 1 coin for $1 to hes brother Pansun.
Now we have $100,000,000,000 capitalisation.
WOW!!!

>>3240233
Its a market and not a company. If the price jumps from 1 to 4 yes the MARKET cap will be 400 millions. But if tomorrow your local hotdog stand starts selling a hot dog for 1 million usd, it still will not be a multi million dollar business. A market implies demand to sustain the price