I’m a bit new to cryptocurrencies (a few months in), and though I’ve searched for a simple answer to this question, I’ve yet to find one satisfactory.
Do (or how do) coins/tokens that are based on a platform/protocol, affect the main/native coin of that platform/protocol. So, for instance, there are a lot of ERC-20 coins/tokens. Do these in any way have an affect on ETH, and it’s price?
EDIT: an hour with no response leads me to believe i’ve asked something incredibly stupid. Not surprising, on these topics I confuse easy.