Post
Topic
Board Altcoin Discussion
Re: Circulating Supply why the difference in coins
by
o48o
on 27/12/2024, 22:29:04 UTC
Why have dev`s made Circulating Supply so large for their coins?

Some are in the tens of billions & even trillions.

Why didn't they just follow Bitcoin at 21 million, or just limited to 100 million or so?

The reason i ask is the price movement over $1 on some of the coins with the larger supply will always be limited. On coinmarketcap there isnt any coin out there with a CS in the billions more than $2-5 max. The simple reason is the marketcap = price x CS. Your not going to get a bigger marketcap than BitCoin for now anyway.

For XRP for example to hit $100 it would have a MC bigger than the GDP of the US, of course thats not going to happen
Why would it matter? If you are looking at the value only, it doesn't really matter how many coins you get when you are buying it with $1k usd worth. If total supply isn't radically higher than circulating supply (which could mean dilution risk), there's really no benefit to own more or less full coins. Outcome is the same.

Reason for having more coins could be because of technical reasons, and i am not right guy to give detailed benefits of building that. But i totally see more benefits having more decimal places than bitcoin, given that eventually bitcoin needs to add more than 8.