Post
Topic
Board Announcements (Altcoins)
Re: [ANN] SoundMoneyCoin (SOV Coin). A new King is in town.
by
mv1986
on 11/03/2019, 16:14:25 UTC
320 SOV Coins are mined according to the developer daily. According to the idea this coin can not be cheap. As soon as users are seriously interested in the coin, the price should fly to the moon!
Given that the coins total will be 21,000,000 and the daily issue is 320 coins, then this should really cause a supply deficit. The main thing is that the crypto community is interested in this SOV coin. Then you can immediately count on a serious increase in value!

A supply deficit can only emerge if there is demand exceeding the supply. Just having low supply doesn't mean something must have value. Demand creates value.
but this project is very interesting for the community, so tokens will have value and will be in demand.

There are a lot of projects that are interesting for their communities, but demand still needs to be created.
Until the market starts to grow strong demand will not be. People are waiting and nobody wants to risk.

Demand isn't created with a bull run in a magic way, it is created because someone builds something that others need or want to use.