Cryptocurrency Value: Do you know how the price of a cryptocurrency is determined? Understand the complete math here

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Cryptocurrency Value: The price of cryptocurrencies is determined on the direct principle of demand and supply, but apart from this, there are many other factors which play a role in deciding their prices.

New Delhi: It has been almost a decade since the introduction of cryptocurrencies, but their popularity has increased in comparison to this in the last few years. Many people have started investing in crypto coins or tokens. Cryptocurrencies are generated through mining. This is done by solving complex mathematical equations on excellent computers. Miners get coins in reward for solving the equation. The security of cryptocurrencies is determined through decentralized blockchain technology.