Can coins with 1 billion+ coins become profitable?
For example: xrp, stellar lumens, nem, iota?
I noticed coins with a low coin supply are usually higher in price which is understandable. But for coins with billions in supply, how long would you guys think it would take for them to hit, let's say.. $10 $20 $30
Really trying to figure out how to do the math on these from market cap/ coin supply to get an estimate on what the coin market cap would have to be to reach a certain price.
Any help would be appreciated. Thanks
For me, I think the coins/token that has a billion supply will not able to profit because people have them with competing to anyone, what I meant was if you have a lot of supplies, it can sustain all people that want that coins/token, unlike bitcoin that has a limited supply, that concludes that the lower the supply the higher the possibility that you will profit. But of course that is just my view about this matter, but of course, we can't really tell as of now if this coins really going to be profitable.