Post
Topic
Board Altcoin Discussion
Re: Gigantic max supply is bad
by
jerrison
on 24/08/2019, 22:25:28 UTC
Apart from real use case do coins and tokens max supply counts as well? for example lets look at doge coin,its max supply is 280 billion and the circulating supply is 120billion which is presently trading at 0.0026$ what would have happened if its max supply is in millions ?

i think some coins have way to much max supply which actually affects the coin or token performance as well,coins with low supply will always have better value than having gigantic supply.

i think coins with maximum supply in billions has an effect in the price and value of the coins. when coins are in their millions they are termed more valuable than coins that have supply in their billions. it erduces the value of the coin and also reduces the pace at which it is appreciated by investors.