How does stub year affect the valuation and trading of digital currencies?

1 answers

• Jan 24, 2022 · 3 years ago
  At BYDFi, we've seen how stub years can influence the valuation and trading of digital currencies. When a new digital currency enters the market during a stub year, it often faces skepticism and uncertainty from investors. The limited financial data and lack of track record make it difficult for traders to assess its potential. However, if the digital currency gains traction and proves its worth over time, it can attract more investors and experience significant growth. So, while stub years may present challenges, they also offer opportunities for those willing to take a chance on emerging digital currencies.
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