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#1 2021-10-30 05:21:18

iamankit
Member
Registered: 2021-10-30
Posts: 1

What is reason for huge spike in price of CRP?

I remembered some months ago CRP was $0.15 and sold my 200 CRP tokens at that price for an emergency. Today I found CRP is above $1. Can someone please tell me what's the reason behind this movement?

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#2 2021-10-30 22:12:10

filename
Member
Registered: 2021-09-23
Posts: 52

Re: What is reason for huge spike in price of CRP?

Depends on demand and supply

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#3 2021-10-31 03:22:59

Elon
Member
Registered: 2021-10-31
Posts: 49

Re: What is reason for huge spike in price of CRP?

yeah as @filename said, supply and demand.
but there are 4 things to be highlighted too.
- P2PB2B exchange listing.
- Utopia will become a sponsor for a blockchain event in Dubai.
- CRP adoption, more miners, nodes, users, etc.
- the mobile app

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#4 2021-10-31 19:46:56

Makedonskiy
Member
Registered: 2020-11-20
Posts: 108

Re: What is reason for huge spike in price of CRP?

there are more and more people, that's all. Are you not happy to see the price at $1? -)

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#5 2021-11-02 09:06:05

Elon
Member
Registered: 2021-10-31
Posts: 49

Re: What is reason for huge spike in price of CRP?

Makedonskiy;924 wrote:

there are more and more people, that's all. Are you not happy to see the price at $1? -)

once the mobile app version is released, the number of Utopia app users will increase significantly. At that point, diamond hands will win big_smile
I am waiting for that update.

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#6 2021-11-02 17:58:01

filename
Member
Registered: 2021-09-23
Posts: 52

Re: What is reason for huge spike in price of CRP?

it is true that many things make the value go up or down.
Of course think that any related event can interfere.
And above all that it is not easy to predict or measure.

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#7 2021-11-03 08:33:26

migyolman
Member
Registered: 2021-11-03
Posts: 11

Re: What is reason for huge spike in price of CRP?

Does anyone know what utopia's path to follow in the coming months? That is, exchanges in which it will be listed, ...

Thanks and best regards,

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#8 2021-11-04 18:13:08

iTruji
Member
Registered: 2021-11-04
Posts: 14

Re: What is reason for huge spike in price of CRP?

Maybe this spike means that there is more interesting to the utopia ecosystem and a lot of new people join it.
And more people made growing utopia.

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#9 2021-11-05 04:40:42

Stormone1
Member
Registered: 2021-11-05
Posts: 13

Re: What is reason for huge spike in price of CRP?

Yes, but now I have problems mining to

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#10 2021-11-09 11:04:09

sergo77
Member
From: spain
Registered: 2021-11-09
Posts: 20

Re: What is reason for huge spike in price of CRP?

as the community grows and the project is strengthened

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#11 2021-11-11 08:05:10

money_ranger
Member
Registered: 2021-11-11
Posts: 22

Re: What is reason for huge spike in price of CRP?

i would guess it was a pump (and a soon dump). the trading volume went from the usual <10000 to 150000. Unfortunately i don't know the figures of the total CRP available, but i read the NEW circulation of CRP was 4,5 million . So 150k trading volume seems a lot to me, as in a whale buying up all the order book.

but thats just my opinion, im not so good as a trader

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#12 2021-12-10 11:40:57

Sundowner
Member
From: Martian crater "Schiaparelli"
Registered: 2021-12-10
Posts: 14

Re: What is reason for huge spike in price of CRP?

Someone bought the dip  big_smile   
It's that easy.

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#13 2022-01-07 18:31:57

Cromanes
Member
Registered: 2021-12-10
Posts: 316

Re: What is reason for huge spike in price of CRP?

iamankit;910 wrote:

I remembered some months ago CRP was $0.15 and sold my 200 CRP tokens at that price for an emergency. Today I found CRP is above $1. Can someone please tell me what's the reason behind this movement?

It seems to me that the developers are pamping to raise at least some interest in their coin. The other reason is unlikely.

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#14 2022-06-19 06:03:42

N3koSempai
Member
From: UtopiaCity
Registered: 2022-06-12
Posts: 47

Re: What is reason for huge spike in price of CRP?

But incredibly, with the current drop in bitcoin, CRP has hardly been affected. that demonstrates the non-relationship with the external market and the possible solidity before world events


I am a software developer in C/C++ and Python

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#15 2022-09-02 08:46:59

Cromanes
Member
Registered: 2021-12-10
Posts: 316

Re: What is reason for huge spike in price of CRP?

After a sharp fall in the price of krypton from one dollar, count about 60%. Crypton continues to hold up and still "brazenly" grow despite the fact that the entire crypto market due to critical bumps of large crypto projects, crypton continues to be trusted.

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#16 2023-06-29 22:19:58

Europ
Member
Registered: 2023-05-23
Posts: 955

Re: What is reason for huge spike in price of CRP?

For the last 6 months, it seemed like Bitcoin was forming a base around $19K. It was tested multiple times and held. Then the fraud at FTX blew it all apart, and now it's barely able to hold $31K. It's brand new, but doubtful that it will be strong enough to hold that. So much wealth has been lost among Bitcoin bulls

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#17 2023-06-29 22:24:59

PEACEMAKER
Member
Registered: 2023-01-27
Posts: 381

Re: What is reason for huge spike in price of CRP?

The market react to the dynamics of demand and supply. What this means is if demand grows against supply, the price will rise and if the opposite happens where supply grows against demand, the price falls. That's basically what happened to the price.

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#18 2023-06-29 22:26:14

gap
Member
Registered: 2023-06-14
Posts: 698

Re: What is reason for huge spike in price of CRP?

Europ;16641 wrote:

For the last 6 months, it seemed like Bitcoin was forming a base around $19K. It was tested multiple times and held. Then the fraud at FTX blew it all apart, and now it's barely able to hold $31K. It's brand new, but doubtful that it will be strong enough to hold that. So much wealth has been lost among Bitcoin bulls

Bitcoin is a very high-risk investment because it's a volatile asset. That means that Bitcoin values may rise or fall dramatically in value over a very short period—even as quickly as a few hours or days. Like all cryptocurrencies and a good mentor will guide you through this though period to make gain in the market.

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#19 2023-06-29 22:28:20

Crpuss
Member
Registered: 2023-06-16
Posts: 234

Re: What is reason for huge spike in price of CRP?

Well reading this post I had to go check the price of CRP thinking that it's current. I also hope that CRP crypton would spike up in price soon and give us all great return on investment.

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#20 2023-06-29 22:30:06

Europ
Member
Registered: 2023-05-23
Posts: 955

Re: What is reason for huge spike in price of CRP?

gap;16644 wrote:
Europ;16641 wrote:

For the last 6 months, it seemed like Bitcoin was forming a base around $19K. It was tested multiple times and held. Then the fraud at FTX blew it all apart, and now it's barely able to hold $31K. It's brand new, but doubtful that it will be strong enough to hold that. So much wealth has been lost among Bitcoin bulls

Bitcoin is a very high-risk investment because it's a volatile asset. That means that Bitcoin values may rise or fall dramatically in value over a very short period—even as quickly as a few hours or days. Like all cryptocurrencies and a good mentor will guide you through this though period to make gain in the market.

Risk management is a vital element of success for any trade in any market. No matter the size of the capital you're trading with or investing in, losses are going to be inevitable, particularly in highly volatile markets like crypto currency’s . Learning how to manage risk to minimize losses is important . Yet, it's also necessary to master risk management in order to ensure maximum earns . After all, the more you're willing to risk, the greater the reward.

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#21 2023-06-29 22:37:34

gap
Member
Registered: 2023-06-14
Posts: 698

Re: What is reason for huge spike in price of CRP?

Crpuss;16646 wrote:

Well reading this post I had to go check the price of CRP thinking that it's current. I also hope that CRP crypton would spike up in price soon and give us all great return on investment.

As we actually know about that the CRP is at a slope  and the trade will start sooner first as a berishing aspect whiles rises in back in the next 7hours. And as for BTC I predict that Bitcoin will experience an upward wave for a few months, followed by a retracement of that wave, and then gradually work its way up to all-time highs, just like in previous cycles. This may be difficult to visualize amid the world's turmoil, but adopting a month-by-month approach rather than an hour-by-hour one can provide clarity.

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#22 2023-06-29 22:41:41

Europ
Member
Registered: 2023-05-23
Posts: 955

Re: What is reason for huge spike in price of CRP?

gap;16656 wrote:
Crpuss;16646 wrote:

Well reading this post I had to go check the price of CRP thinking that it's current. I also hope that CRP crypton would spike up in price soon and give us all great return on investment.

As we actually know about that the CRP is at a slope  and the trade will start sooner first as a berishing aspect whiles rises in back in the next 7hours. And as for BTC I predict that Bitcoin will experience an upward wave for a few months, followed by a retracement of that wave, and then gradually work its way up to all-time highs, just like in previous cycles. This may be difficult to visualize amid the world's turmoil, but adopting a month-by-month approach rather than an hour-by-hour one can provide clarity.

Thank you for sharing it. Trading is all about be ready, knowledge and patience. Prices come to you. When you have a solid analysis like this one, only need to add the proper strategy and be patient to wait for action.

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#23 2023-06-29 22:43:23

MRBEAST
Member
Registered: 2023-05-22
Posts: 410

Re: What is reason for huge spike in price of CRP?

Guys I think this post was made during the time when the price of CRP crypton was rallying upward but honestly do you think that CRP crypton can also recreate all that it did during that time.

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#24 2023-06-29 22:48:20

Europ
Member
Registered: 2023-05-23
Posts: 955

Re: What is reason for huge spike in price of CRP?

MRBEAST;16658 wrote:

Guys I think this post was made during the time when the price of CRP crypton was rallying upward but honestly do you think that CRP crypton can also recreate all that it did during that time.

As the matter of fact i actually choose this topic to lay an emphasis on the technical trade analysis of the crypton and Bitcoin market behaviors.

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#25 2023-06-29 22:52:55

gap
Member
Registered: 2023-06-14
Posts: 698

Re: What is reason for huge spike in price of CRP?

MRBEAST;16658 wrote:

Guys I think this post was made during the time when the price of CRP crypton was rallying upward but honestly do you think that CRP crypton can also recreate all that it did during that time.

During uncertain times like this, investors may want to own companies that offer some sense of certainty in terms of cash flows and company fundamentals....They have significant competitive advantages, and we think those advantages are stable or growing. We believe the best companies have predictable cash flows and are run by management teams that have a history of making smart capital-allocation decisions and i believe the Utopia p2p team will actually work on that aspects.

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