Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Lumeneo - A truly anonymous community cryptocurrency
by
kodiakchaingang
on 19/08/2018, 16:16:42 UTC
It's quite surprising to see the total supply of LMO coins: 100,000,000,000. Doesn't it lead to low price when many holders trade it later? By the way, could you tell the rate of 1 LMO exactly? I am curious to know it. 
Price is all relative. What matters is market cap. For example, look at Bytecoin, they have a 184 billion total supply. Instead of holding .001 XMR you hold 55 BCN which would actually lead to larger financial gains if the price increases. I can not speculate the price of LMO, but I will soon find out as well as the rest of the community when we get on Maplechange.