There are several factors that determine the price of a cryptocurrency: the amount of a particular cryptocurrency in circulation supply and demand availability on crypto exchanges exchanges the technology that drives the cryptocurrency political regulations, state laws the level of mass adoption of a particular cryptocurrency Some cryptocurrencies, for example, will never reach the value of Bitcoin. The reason for this is the total amount of coins in circulation. Some cryptocurrencies have more than 100 billion coins in circulation. A large amount of coins in circulation usually means that the price of a single coin goes around €1. However, this doesn’t mean that investors can’t take profits out of these cryptocurrencies. As the entire cryptocurrency market grows, so do all other cryptocurrencies. If the market grows, the initial price of €1 can reach €2.