👉The utility of the coins
👉Scarcity of cryptocurrencies
👉Value and perceived value of the project
👉Market Capitalization
👉Adoption by masses
Let's find out in detail. ⤵
1️⃣ The utility of the coins
To make a cryptocurrency valuable, one needs to enhance its utility. Cryptocurrencies are essentially a manifestation of using decentralized digital ledger known as blockchain technology.
2️⃣ Scarcity of cryptocurrencies
The scarcity of cryptocurrencies refers to the finite nature of digital coins and currency. In an ideal world, the demand for digital coins should exceed the supply of digital coins.
3️⃣ Value and perceived value of the project
The overall viability & progress of project management are 2 essential drivers of the value of crypto.
4️⃣ Market Capitalization
Market capitalization, or market cap as it is usually called, is the most straightforward indicator of the value of a coin in the market.
5️⃣ Adoption by masses
The value of a currency can shoot through the roof if the masses adopt it. Because of the limited number of cryptocurrencies units available, the demand increases, increasing its prices.
There are 5+ ways by which Crypto gets its value from. Find them out on
In 2020, A report came which mentioned that American Airlines lost around 5 cents per passenger per mile! And this was even before the Pandemic began.🤯
Even after making a loss per passenger, the company is making millions of dollars in profits! How?
Through its Loyalty Programme and Frequent Flyer Programme!
The compny runs loyalty programs in partnership wid Banks, known as co-branded credit card agreements, wherein the user of the cards gets points while mking a purchase wch cn b redeemed while travelling frm the Airline
Comp Gain in last one month 1. Triven.Engg.Ind 17% 2. Dhampur Sugar 29% 3. Uttam Sug.Mills 17% 4. Mawana Sugars 66%
Should you invest in Sugar #stocks? Let's find out!
Sugar Industry is Cyclical♻️
Sugar is a commodity and just like other commodity businesses, it's cyclical i.e its prices depend on the demand-supply mechanism, which means when the supply is higher, the prices of sugar will tank and so would the profits of sugar companies.
For ex, During a bad monsoon when the output is less, prices of sugar would go up and similarly during a good monsoon, the supply would be high and the prices would go down.
Coming to the point – You can invest in Metaverse directly & indirectly.
Now, there are 2 direct ways:
- Either buy metaverse tokens like SAND or MANA.
- Or buy in-game non-fungible tokens/ Purchase virtual land in the #Metaverse.