Post
Topic
Board Altcoin Discussion
Re: is this still possible today?
by
Kevondo
on 02/12/2019, 16:42:41 UTC
I just find out that some coins might start with very low volume and marketcap and end up growing big? true or false? i tracked back some old coins that start with trading volume around 6k and end up in millions, is this still possible today?

That's certainly very much possible. In fact that's the way it ought to be. Several projects gets bigger with time and efforts from the team, advisors and community. It takes a greater deal of acumen to manage a project effectively and when we see the volume in a geometric progression, it shows that the project is well managed.
The digital market is still at its young age and there is a lot to come. Though we have almost three thousand digital coins with us at present and some people consider the number more than enough but I think it is still the beginning and this number will keep on increasing with time. Projects owned by bigger companies can succeed with ease but any startup wont face failure if persists for long.