Ayoub BakaraDec 19, 2021 · 3 years ago4 answers How does the concept of substitute currencies affect the value of digital assets?
In the world of digital assets, the concept of substitute currencies plays a significant role in determining their value. How does the presence of alternative cryptocurrencies impact the value of digital assets? What factors contribute to the rise or fall in value when substitute currencies are introduced? How do investors and traders react to the emergence of substitute currencies? How does the market dynamics change when there are multiple options available for investors to choose from? Explore the relationship between substitute currencies and the value of digital assets.