Post
Topic
Board Altcoin Discussion
Re: Always look at the coins MAX supply
by
FreeStreamer
on 07/07/2020, 13:41:22 UTC
A coin with a large max supply and rapid emission of new coins will most likely never surge in value.

That's wrong, I've seen a lot of coins in the past that surge its value, here are some of the coins.

https://coinmarketcap.com/currencies/xrp/
https://coinmarketcap.com/currencies/cardano/
https://coinmarketcap.com/currencies/holo/
https://coinmarketcap.com/currencies/tron/
https://coinmarketcap.com/currencies/pundi-x/

These are just some,, there's still a lot I did not include anymore since this is just an example, so it proves that the supply is not a hindrance for the success of the project if the team is doing their job to develop the project, in addition, we have to understand that there's always a timing for everything, as of now the market is not bullish but in the long run I believe it will be.
A great proof, and it means it all depends on the quality of the project. If the project is good and there is a product, the price will definitely increase and the total supply cannot determine the success or failure of the project.

Yes it does not determine the success of the project, It determines if there is any Return of Investment. It be technically a super success as a stablecoin but it just does't effect the price because the price is designed to be stable.