Can the market cap of LRC affect its price?

1 answers

• Jan 15, 2022 · 3 years ago
  As a representative of BYDFi, I can say that the market cap of LRC can have an impact on its price. However, it's important to consider that market cap is just one of many factors that can influence the price of a cryptocurrency. Other factors such as market sentiment, project developments, and overall market conditions also play a significant role. Therefore, it's crucial to conduct thorough research and analysis before making any investment decisions based on market cap alone.
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