Token Price

Definition ∞ Token price represents the current market value of a specific digital asset, typically denominated in a base currency like USD or another cryptocurrency. This value is determined by supply and demand dynamics on exchanges and can fluctuate significantly. It is a primary indicator for assessing an asset’s market performance and investor sentiment.
Context ∞ Discussions surrounding token price are ubiquitous in cryptocurrency news, focusing on factors influencing its movement, such as market sentiment, macroeconomic trends, technological developments, and regulatory news. Analyzing price action is central to trading strategies and investment decisions within the digital asset space.