When does a crypto coin gain value

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What makes the Price of Crypto Go Up or Down?
According to economic theory, the price of an asset is an intersection of supply and demand. When demand grows faster than supply, the price of cryptocurrency. Cryptocurrency gains value when demand rises higher than supply. The supply mechanism of a cryptocurrency is always known; each crypto publishes its token. The world's largest cryptocurrency, Bitcoin, is exceptionally rising from October and currently hovering around the levels of $42, as of Feb. 6,

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As a standard-bearer of sorts for the cryptocurrency ecosystem, bitcoin has benefited from the attention, and its prices have remained high. In addition, cryptocurrency miners and stakers can make money by validating transactions and earning a percentage of transaction fees. However, for cryptocurrencies, most tokens have a maximum supply; once this supply is exhausted, no new coins or tokens will be mined or produced.