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This basic economic principle explains Ethereum's recent 50% rally…

by , 17 August 2021
This basic economic principle explains Ethereum's recent 50% rally…
One of the first principles they teach in any Economics 101 course is that price is a function of supply and demand.

Put simply…

When supply is decreasing and demand stays constant, prices go up.

When supply is increasing and demand stays constant, prices go down.

This basic economic concept explains Ethereum's recent +50% rally and why it could continue heading higher for the rest of 2021…

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This basic economic principle explains Ethereum's recent 50% rally…
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