How does mill conversion affect the value of digital currencies?

1 answers

• JD De Leon JDSep 06, 2023 · 2 years ago
  Mill conversion is a process that involves converting a large quantity of a digital currency into smaller units. This can have an impact on the value of digital currencies in a few ways. Firstly, it increases liquidity by allowing for smaller transactions, which can lead to higher trading volumes and potentially affect the price. Secondly, it can create a perception of abundance, which may impact the demand and value of the currency. Overall, mill conversion is an important aspect to consider when evaluating the value of digital currencies.
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