Ninjastic
PostEdited versionsQuotes to this post
Post
Topic
Board Altcoin Discussion
Re: Always look at the coins MAX supply
by
someone703
on 07/07/2020, 13:47:14 UTC
Quote from: Finestream on July 06, 2020, 11:37:21 PM
Quote from: FreeStreamer on July 05, 2020, 12:23:00 PM
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.
I am not too concerned about the total supply of the project. I only care about their current circulation tokens and their token unlock schedule. In addition, I also prioritize projects that have products and have a large support community. Those are the factors that determine the price of altcoin