Post
Topic
Board Altcoin Discussion
Re: Always look at the coins MAX supply
by
aemma
on 23/08/2020, 20:33:57 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)


In the crypto space today, there are many people who prefer coins with less supply and there are others who prefer those with billions of supply. In the same way, there are projects which chooses their maximum supply based on what they are trying to achieve and so on. So what I can say is, maximum supply goes beyond what we think it is, because there are projects with billions supply doing well in the same way there are those with less supply (maybe millions) still doing well. But amidst whatever reason a coin will end up with millions as maximum supply or billions as maximum supply, the valuable nature of that project will still come from how good the team are, how good the use case is and how good the community is, among others.