KROWN pricing

This is a test article written by a crypto newbie

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Seeing the price of a token going down for many weeks can be stressful. It might be even more so for a person starting in cryptocurrency. " Why is this happening ?! ".

Understanding a few factors that affect KROWN pricing may help lower some of that stress.

Here are some examples:

PAIRINGS

BTC/ETH

1. The price of BITCOIN will affect the price of ETH
2. If the price of BITCOIN goes down, the price of ETH goes down.
3. If the price of BITCOIN goes up, the price of ETH goes up.

ETH/KROWN

• When ETH goes down, so does KROWN.
• When ETH goes up, so does KROWN.

USDT/KROWN

• USDT being stable, impact is minimal to the KROWN price.

The percentage of the liquidity pools tied to KROWN has a proportional effect.

i.e: Just looking at the percentage of the liquidity pools (no buying/selling of KROWN).

60% of ETH/KROWN and 40% USDT/KROWN would mean that a change in ETH value will affect KROWN pricing more than if the percentage was 50%.

SELLING/BUYING OF KROWN

If KROWN holder's are selling more than they are buying, the price keeps going down. The reverse is also true.

Since many factors affect the value of KROWN, a rising BTC and ETH coupled with buying pressure of KROWN would help raise the price and the morale of some holders.

                                  ***You are welcome to correct any factual errors.***