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RE: Why did the price of my cryptocurrency change?

in #crypto5 years ago

Smaller markets always are more volatile than larger ones.

The entire crypto market is 1/28 the size of the gold market meaning it takes 28 times the money to move the entire gold market.

Focus that down to a single (or a few) tokens that might not have a lot of trading and the volatility can be through the roof.

Coin Marketplace

STEEM 0.28
TRX 0.11
JST 0.031
BTC 70137.39
ETH 3937.34
USDT 1.00
SBD 3.71