Bitcoin Forum

I read that circulating supply will increase up to 30% by August, which is why you should be careful about investing.
I do not quite understand what impact it will have on the price. Will the price decrease by 30%?

no, because there is no direct 1:1 relationship between supply and price since it is a lot more complicated than that.
additionally we are talking about an altcoin here so you should always only consider the pump and dumps instead of trying to analyze it. such a big supply increase can cause a big dump.

The increase in the total number of tokens of course also plays a significant role in the tokenomics of the project, but not the main one, so even if there is an increase in the total number, this does not guarantee that the token can fall in price since in most cases it depends on the project itself.

This may not fall in price since the price would have achieved some stability. I remember this coin IEO was conducted in binance and I couldn't buy it after placing buy order.

https://imgur.com/R3OJHqT

https://info.binance.com/en/research/FET-2019-01-31.html

As you can see FET supply will grow for next 6 years reaching current supply x10. Holding the same price will affect in increase market cap 10 times (from 14 mil to 140 mil) (from 260 CMC to 50 CMC). Considering a fact that currently this project is pretty hyped (by IEOs hype) and price perhaps will be dumped further with decreasing hype and a fact of growing supply and we have coin that can be no. 1 of the worst investments.

But is it certain? No. I must agree with Red-Apple.



There always can appear a whale who will bring new hype by huge pump and dump event.

The practice of alcoins shows that the more coins appear the more start selling them. Such practice on cryptomarkets.

What supply is circulating about 30%? because if the problem of price decline is now beginning to be seen in bitcoin and some other altcoins, so the investment must indeed be careful so that we can avoid losses.

i don't know if you should worry about that but i just learned a little bit about the project it does look like they got some future for trading but if you want to sell the token is now listed at switchdex.ag/#FET-ETH (http://switchdex.ag/#FET-ETH) should look into it

These token are not consumables, so need to worry about the supply and demand concept. Even though the supply increases, the number of investors and the amount invested also increase with tremendous rate during the bullish period.

Circulating supply increase means more coin were distributed from the cold wallet and this will create a panic sell that will give a huge impact to the price of the FET. as far as i know the developers were putting a huge pre mined coin. You can get more info about how much already got by the developer from this link https://launchpad.binance.com/en/project/2257c99defde41fea7c89eacda99b5c2
The dev was grabbing a lot of percentages.

from where did you read that article?
IMO if the circulating supply increase up to 30% and then the price of the coins i think will remain the same because they just unlock the tokens from the team?

Yes, it may not fall 1:1 but we can assume it will lost its value somehow. We don't know if it will decrease %30 less or more. We will wait and see...

If supply increase price can be the same or drop or grow, but this depend of demand so if people want will buy and price can grow a little or people sell and price drop or not buy or sell and price stay "stable". What is the reason of supply increase? How is this coin issued?