Based on what the price of CNG increases and decreases?

The price of CNG, like any other tradable asset, is determined by supply and demand. If there are more sellers, the price decreases, if there are more buyers, the price increases.

As CNG is an equity-like token, we can assume that the market price of CNG reflects the investors’ valuation of the company. For example, if the price is €2.00, that means investors think a fair valuation for Change is over €158 million (€2.00 x 79,184,115 total supply). 

Should you have any further questions about the topic, please do not hesitate to contact our support team through the app or send us an email at support@changeinvest.com