I'm relative new to the altcoin market. I was wondering if there is a way to calculate the theoretical max value of a coin based on the market cap and the total supply.
This question was triggered when I read somewhere that Ripple has to potential to reach to 10USD/Ripple. I was wondering how they go to that number. Must be some logic behind, if not ...it's just a way to pump the coin, no?
you are confusing, it's the other way around you can calculate the marketcap based on the supply, you can't calculate the value of a coin based on the marketcap, this doesn't make any sense because the marketcap is the value lol, but you estimate how much a coin can go high, based on many varaibility, like active dev, investors, volume, features etc...