- Token utility – the practical use or purpose of the token within the project ecosystem – can significantly influence its value. Tokens with clear, valuable, and utilizable functions often have stronger demand and market value.
- Evaluate how the token is integrated into the project's operations. Tokens essential to accessing services, rewards, or governance within the ecosystem can have higher inherent value and longer-term sustainability.
Can token utility, as outlined in 'Tokenomics,' influence its market value?
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