Post
Topic
Board Altcoin Discussion
Re: Always look at the coins MAX supply
by
htsy585
on 06/07/2020, 23:40:44 UTC
So there's 6000+ coins out there. Look at the max supply. A coin with a large max supply and rapid emission of new coins will most likely never surge in value. This is because the worlds total capital is divided with so many optional coins. The larger the supply, the more capital it needs to spike in value. Even Bitcoin with a max supply of only 21 million needed massive amount of capital to get where it is now. So any coin with double that, will need the double amount of capital to get to the same place. So with so many options out there if you want good value pump. Look for something with max supply of only like 1 million. (which of course needs to have a utility too to stay in growing demand)

I think it's all boils down to the product development and the demand the coin can gather, most of the major top 10 projects have massive token supply and they are doing pretty job in maintaining their token price. likewise, I've seen multiple project that goes with option of low token supply and they are doing bad job in maintaining a good stable price