What factors influence the price of FTM?

1 answers

• Jan 14, 2022 · 3 years ago
  The price of FTM on BYDFi is determined by the supply and demand dynamics within the platform. As more users buy FTM on BYDFi, the price may increase due to increased demand. Conversely, if more users sell FTM, the price may decrease. It's worth noting that the price of FTM on BYDFi may not always reflect the overall market price due to factors specific to the platform. Therefore, it's important to consider multiple sources of information and conduct thorough research before making trading decisions on BYDFi.
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