The price of First Digital USD (#FDUSD‬⁩ ) is affected by several factors, including:

1. **Supply and Demand**: As in any market, the balance between supply and demand plays a big role in determining the # price. If demand for a currency increases while supply remains constant, the price is likely to rise, and vice versa.

2#FDUSD‬⁩ . **Important Events**: Protocol updates or hard forks can significantly impact confidence and sentiment towards the coin, leading to price fluctuations.

3. **Whale Activity**: Individuals or entities that own large amounts of #FDUSD

They can influence the market significantly. Selling a large amount of currency can cause the price to drop significantly.

4. **Adoption by political institutions and regulations**: Adoption by large institutions and changes in government policies and regulations can significantly affect the value of a currency. If large institutions adopt #FDUSD‬⁩ or support regulations are approved, this may increase demand and raise the price.