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Topic
Board Trading Discussion
Re: Need Help In Understanding The Significance Of Market Cap & Volume(24hr) & More
by
cryptospacemedia
on 07/03/2018, 09:36:54 UTC
I have a question.

Is there any relation between circulating supply and price of the coin? something like if the circulating supply is higher, the price of the coin will be less as compared to the price of coins with lower circulating supply.

Examples:

BTC
Circulating supply: 21m.
Price: $10,562.20 USD

ETH
Circulating supply: 98m.
Price: $783.73 USD

TRX
Circulating supply: 65b.
Price: $0.04 USD

XRP
Circulating supply: 39b.
Price: $0.90 USD

NULS
Circulating supply: 25m.
Price: $3.90 USD

Does that mean the price of NULS is more likely to go up than that of ripple, trx and xrp? or may be ETH someday?

Could someone please explain this to me?