What is Crypto Price Ceiling?

In economics, a price ceiling is a government-imposed price control, or limit, on the price of a good or service. A price ceiling is designed to protect consumers from price gouging and to prevent prices from rising too high. A price ceiling set below the market equilibrium price can lead to shortages of the good or service, as the quantity demanded by consumers will be greater than the quantity supplied by producers. In cryptocurrency, a price ceiling may be imposed…