Though decentralized and distributed technologies are widely deployed, all cryptocurrencies are effectively managed and maintained by centralized organizations or companies, and the token value is but a representation of the network value
As Metcalfe’s law states, the value of a telecommunications network is proportional to the square of the number of connected users of the system (n^2 ). The more useful and widely applicable the payment network, the more valuable the ecosystem and hence the token. This is the de facto fundamental support to all token prices.