Post
Topic
Board Altcoin Discussion
Re: ALTCOINS under $1
by
S.Sandberg
on 02/01/2018, 13:25:29 UTC
coins under 1$ ?

isn't the market cap a better consideration ?


a coin might be overvalued with a market cap of 20 Billion $ and a huge supply of 25 Billion coins thus making a sub 1$ price. doesn't mean it will jump to 1 or 2$...


for exemple it would take  Cardano an other 30 Billion $ to reach 2$ price.  who 's gonna poor 30B$ ? no one.


take some low price and lower market cap, look at NXT back in september, was just 100M$ marketcap, 1 Billion NXT coins, then price rose to 1+$ reaching a 1Billion marketcap.



keep in mind its easier to go from 100M to 1B than going from 1B to 10B and so on.
the bigger the market cap, the slower the climb.

price of coins is quite irrelevant.

but to offer some decent answer i would say Ardor might be a good buy, during some dips.