Friends, does it make sense to take very cheap altcoins <$ 1? I think about buying, but I am interested in your opinion. Will they leave the market and exchanges, with such a strong fall?
It depends of the volume in the market, if the total volume of that coin is around 8-9 zeros then a price under 1$ is something normal, but if we talk about a volume of 1 mil coins then it is fishy. You can make money with coins values above or under 1$, the idea is to choose the right moment.
The value of the coin does not depend on the total supply quantity, it depends on the quality of the project. For projects with coins with a value of more than $ 10 continue to increase prices. Like BNB, it has increased from $ 5 to $ 27 and may continue to increase