Forgive my ignorance on this but I really want to learn the basics of "Tokenomics". I've been on steem for 2 1/2 years and should know this by now, but this is precisely why I joined Steemit. Not having to know these type of things and just creating content had a very strong appeal to me.
But I feel like in order to really succeed it's time to learn a thing or two. So I'm looking to find out how the token prices work. For example today @steem.leo 's Leo token is down 6% from yesterday but the ask price is relatively the same. However, the ask price is down significantly. So what I want to know is what really drives the price of these tokens.
I would love to hear from you in the comments. Maybe some links to old steemit posts? But seriously, No answer is too basic. I really want to understand so I can learn to trade properly.