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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: very_452001 on January 25, 2021, 10:54:13 AM



Title: Is it possible for a Billion max supply capped altcoin to reach $100?
Post by: very_452001 on January 25, 2021, 10:54:13 AM
Bitcoin has max 21 million coins, this low amount gives it that fundamental value.

Can a altcoin with a billion max supply reach $100 each?

Has any alts in history with a billion or billion+ but no more than a trillion coins reach $100 each?


Title: Re: Is it possible for a Billion max supply capped altcoin to reach $100?
Post by: Kupid002 on January 25, 2021, 11:07:30 AM
Its only possible if many people in different country support a single project. This year is the first time we reach 1 trillion marketcap so its still impossible for any  other altcoin to reach it even bitcoin itself is not yet reach the 1trillion marketcap alone, maybe in the future we can see it but for now its not possible yet even how popular the project is .


Title: Re: Is it possible for a Billion max supply capped altcoin to reach $100?
Post by: KaratX on January 25, 2021, 11:09:01 AM
XRP has 100 billion max supply and it value is 0.27$, every other coins that have huge max supply like this find it hard to reach even 10 cents, majority are at 0.005$ or even less, that is if they have fair good use case, if Bitcoin have 100 billion max supply it will be more than 100$ today


Title: Re: Is it possible for a Billion max supply capped altcoin to reach $100?
Post by: DeathAngel on January 25, 2021, 11:21:12 AM
Maybe it’s possible if some huge whales decide to artificially pump the price but I doubt in the short to medium term future an alt with such a huge max supply can naturally reach $100.


Title: Re: Is it possible for a Billion max supply capped altcoin to reach $100?
Post by: WalkerIVIV on January 25, 2021, 11:40:38 AM
XRP has 100 billion max supply and it value is 0.27$, every other coins that have huge max supply like this find it hard to reach even 10 cents, majority are at 0.005$ or even less, that is if they have fair good use case, if Bitcoin have 100 billion max supply it will be more than 100$ today
Remember the peak price of XRP was around $3 with 100 billions supply and that means if when ripple achieved $3 and total fully diluted marketcap was around $300 billion USD.
nothing impossible in crypto but the question is which coin that will be possible to achieved it.


Title: Re: Is it possible for a Billion max supply capped altcoin to reach $100?
Post by: Ryushin on January 25, 2021, 11:41:00 AM
The coin have to be the most favoured by rich organizations, high institutions, whales, developers and every other humans, that max supply is way too much and it's not recommendable, low max supply is just better


Title: Re: Is it possible for a Billion max supply capped altcoin to reach $100?
Post by: jacafbiz on January 25, 2021, 12:35:50 PM
Is possible, I think your assumption is wrong about Bitcoin, if Bitcoin has 1Billion coins and the fundamentals is as strong as we have now, it will have the current market cap or more. I still do not understand why people feel having many tokens will help the price or the project. If we are to see the first tokens with 1 billion max supply, the project is likely going to be Polkadot.


Title: Re: Is it possible for a Billion max supply capped altcoin to reach $100?
Post by: Viscore on January 25, 2021, 12:39:56 PM
It has not happened with altcoins yet but I think it's possible for an altcoins with billions of supply to reach $100 in value.
However, that will take a lot of time as we definitely are talking of big success already.

AFAIR, XRP is one of the altcoins with a huge supply and it has only manage to reach $4 or more as its ATH.


Title: Re: Is it possible for a Billion max supply capped altcoin to reach $100?
Post by: Fundamentals Of on January 25, 2021, 12:53:43 PM
It is possible. The value of a coin does not depend on its supply. Whether the coin is low or high in supply does no matter much. What matters is that it has the demand. And for the demand to be there, there must be a certain quality of such coin.

But for now, what is clear is that there is no cryptocurrency, much less altcoin, of such feature which has achieved a billion dollar market cap. And I think it will hardly happen to any altcoin considering that Bitcoin is always playing the dominant role in the overall crypto scene.


Title: Re: Is it possible for a Billion max supply capped altcoin to reach $100?
Post by: Beparanf on January 25, 2021, 01:01:13 PM
Theoretically yes but it's impossible to happened in actual because holders of that token will start to FOMO before it reach that price level. It's impossible too for a project to price there coin to 100$ for a billion supply during there ICO.

I said theoretically possible because a project can list the coin on DEX while they only sold a very small portion of the supply to the public giving them the total control of the price.


Title: Re: Is it possible for a Billion max supply capped altcoin to reach $100?
Post by: Dariusburst on January 25, 2021, 01:05:32 PM
I've not seen such before but I believe it's possible because the value  of a coin have nothing to do with total max supply, just imagine if Bitcoin has billion max supply are you saying it's impossible for Bitcoin to be trading more than 100$ today? Value comes from real demand


Title: Re: Is it possible for a Billion max supply capped altcoin to reach $100?
Post by: Jawhead999 on January 25, 2021, 01:08:24 PM
None.

AFAIK the highest price with 1 billion max supply is only reaching $25.65 from Chainlink (LINK) possible it will reach $100 if the circulation supply is already 750-800 million (currently 402,509,556 LINK).


Title: Re: Is it possible for a Billion max supply capped altcoin to reach $100?
Post by: goaldigger on January 25, 2021, 01:12:31 PM
If everyone used and adopt altcoins then its possible since everything is possible in cryptomarket but of course its hard to know when it will happen. Just look at the XRP, its one of the top altcoins with a billion supply and yet its price is very cheap, so I guess we are far from this one. I just can't imagine the value of money if that things happen, whales are only hope for this.


Title: Re: Is it possible for a Billion max supply capped altcoin to reach $100?
Post by: Willitivity on January 25, 2021, 01:26:41 PM
Altcoins with 100 billion max supply are always valued around maybe $0.02 or so, I doubt if any altcoin with such max supply will be able to achieve that height even if it is backed by a huge financial institution, Ripple has over 100 billion max supply and even with the great support or large community it has, the highest price it could achieve was about $3, it needs more $97 before it can get to $100,the funny part is that even at $3 alot people thought Ripple was over priced, I don't know if any altcoin will be able to achieve this but the chances of this happening are slim.


Title: Re: Is it possible for a Billion max supply capped altcoin to reach $100?
Post by: Kupid002 on January 25, 2021, 01:28:54 PM
If everyone used and adopt altcoins then its possible since everything is possible in cryptomarket but of course its hard to know when it will happen. Just look at the XRP, its one of the top altcoins with a billion supply and yet its price is very cheap, so I guess we are far from this one. I just can't imagine the value of money if that things happen, whales are only hope for this.

Don't forget that Ada also have billion supply which is also in the top 10 altcoin it can be possible for XRP to reach 10$ but for 100$ they need more buyers for it so they can maintain the price . its only possible If its fully adopted as currency in different country and many people use it normally as currency that they can use it even for  simple buying  things  in groceries or any other department store that they can use XRP as normal currency,the demand should be higher compared to its supply just to make it possible. until now we don't see that to happen but maybe someday.


Title: Re: Is it possible for a Billion max supply capped altcoin to reach $100?
Post by: CashbackLover on January 25, 2021, 01:33:43 PM
The highest supply that I would advice any new project developers to stick with is 1 billion,, anything more than this isn't good I believe, the project have to be extremely good for such coin to have better value, it's all about the adoption, it's what will drive the marketcap higher


Title: Re: Is it possible for a Billion max supply capped altcoin to reach $100?
Post by: Herbert2020 on January 25, 2021, 01:44:45 PM
price of anything depends on supply and demand BUT only the circulating supply is important. circulating supply is a supply that can be accessed by anyone and not just be locked up somewhere in one person's (aka the creator's) wallet.

to answer your question, if the "circulating supply" of an altcoin is 1 billion then it is highly unlikely that the said altcoin's value goes above $1, and if it does it would be considered a bubble even if it stays there. $100 could be considered impossible.

if the "circulating supply" is small but the "fake supply" is 1 billion then the real value should be speculated based on that real circulating supply.
for example XRP has fake 1 billion supply while only a smaller percentage of it is actually in circulation instead of being locked up in Ripple foundation pockets. but since the circulating supply is also big and also because the coin is useless its price never really goes up. hence the always low but still among top 10 altcoin's market cap.

but it would be trivial to create an altcoin with 1 billion fake supply where the owner locks up 999.999 million and only releases a tiny portion in circulation and get a very high price and high market cap.


Title: Re: Is it possible for a Billion max supply capped altcoin to reach $100?
Post by: kevinzxz on January 25, 2021, 02:18:32 PM
Bitcoin has max 21 million coins, this low amount gives it that fundamental value.

Can a altcoin with a billion max supply reach $100 each?

Has any alts in history with a billion or billion+ but no more than a trillion coins reach $100 each?

of course that can happen if demand for the coin is higher than supply, I take an example using coin X :
demand for coin X is higher than supply, because demand for coin X is 2 billion and supply for coin X is 1 billion, and that makes the price for buy order of coin X will continue to increase, so that the price of coin X can increase very high.

therefore in my opinion, demand for coin is the most important thing to make the price can increase very high (reach $100) and max supply does not affect for the price can increase very high or not.


Title: Re: Is it possible for a Billion max supply capped altcoin to reach $100?
Post by: Lukmanfirdaus1 on January 25, 2021, 02:50:37 PM
yes, of course impossible and absurd. if a coin has a total supply of 100,000,000,000, and the price touches $ 100, that means the total market cap is $ 1,000,000,000,000, a really fantastic number for a coin. while the total crypto market cap is now $ 1,012,776,538,810 (1/25/2021). but maybe it can happen, unlike conventional currencies, crypto is unique, if we ask our predecessors to buy something that has no physical form for $ 30000, surely the answer is no, and in crypto it can happen. My conclusion may be possible, but it will take a long time and of course very difficult (CMIIW)


Title: Re: Is it possible for a Billion max supply capped altcoin to reach $100?
Post by: jessyj48 on January 25, 2021, 03:24:14 PM
It is very possible but there isn't any coin with such max supply and trading at 100$ per coin yet, such coin must be well adopted and highly demanding too, no altcoin is this capable today unfortunately, only XRP have such massive max supply and still have good value


Title: Re: Is it possible for a Billion max supply capped altcoin to reach $100?
Post by: Jancuki on January 25, 2021, 03:39:40 PM
Has any alts in history with a billion or billion+ but no more than a trillion coins reach $100 each?
I haven't found it yet, it looks like the average coin that has a supply above one billion can only reach a price of $ 10, which can be said to be very rare. It takes a mature strategy to be able to create this, and also needs a dominant (a brilliant offer that can attract investors). But it is possible there will be in the future.


Title: Re: Is it possible for a Billion max supply capped altcoin to reach $100?
Post by: k@suy on January 25, 2021, 03:51:14 PM
It depends in the use case and roadmap of the project I think. We all know that if a coin has a billion volume it will be hard to go up, as long as the value is too large the lesser value it would have. Law of supply and demand, if the coin has a lot of supply but low demand it will not reach 1usd o even 0.5cents, but then if it is highly hype and has a good reputation people and many whales will buy it regardless of the volume but this is kinda impossible. Coins with lower volume tend to be pump easily of course.


Title: Re: Is it possible for a Billion max supply capped altcoin to reach $100?
Post by: bitgolden on January 25, 2021, 04:13:53 PM
Bitcoin has max 21 million coins, this low amount gives it that fundamental value.

Can a altcoin with a billion max supply reach $100 each?

Has any alts in history with a billion or billion+ but no more than a trillion coins reach $100 each?
Well, technically speaking it is not about how many there is of a coin, price of it obviously gets affected but it is about how much people are willing to pay for it. So let's assume there is a project with 1 billion max supply, and all of it was mined as well, it could be under 1 cent, it could be over 100 dollars, it all depends on how much people are willing to pay for it.

So far we never had 1+ billion one with 100 dollars because that would mean 100 billion marketcap and only coin that broke over that is bitcoin I think, maybe eth did too I am not sure but I do not think so.

This is why there hasn't been any coin with 100+ billion dollar market cap let alone any other specific requirement aside from bitcoin which has 21 million max supply. This is why I think it would be hard, but technically speaking what makes a coin worth something is not only the supply, there are other things.


Title: Re: Is it possible for a Billion max supply capped altcoin to reach $100?
Post by: Mighty_crypt on January 25, 2021, 04:47:58 PM
It has never happened before and it never going to happen because for a coin with billion max supply to cost at 100$ per coin requires alot and the market cap will be 1 trillion dollars worth, that is impossible right now


Title: Re: Is it possible for a Billion max supply capped altcoin to reach $100?
Post by: cabron on January 25, 2021, 05:05:56 PM

Its possible. ETH has an infinite supply, its how difficult it can be acquired and its token use-case can make its demand that will result in price to go up. Its not just ETH but also Monero. If the max supply however is already in circulation like how TRON is, it's probably too good to happen in the next 100 years unless the entire population in the world uses cryptocurrency already.


Title: Re: Is it possible for a Billion max supply capped altcoin to reach $100?
Post by: Clement Kaliyar on January 25, 2021, 05:23:16 PM
Can a altcoin with a billion max supply reach $100 each?

Has any alts in history with a billion or billion+ but no more than a trillion coins reach $100 each?
To assume that an altcoin with billion or trillion of coins in circulation could reach a valuation of $100 is wishful thinking, anyone can create a coin and it is not that hard as it is an open source project and all you need to do is edit some things out but that will not make the coin valuable. There were coins in the past that were created for fun and later became popular.

You can dream about making a huge profit in the cryptocurrency market but there is a limit for wishful thinking  :P.


Title: Re: Is it possible for a Billion max supply capped altcoin to reach $100?
Post by: tabas on January 25, 2021, 05:59:58 PM
Possible but unlikely. I don't want to give hope to those coins that have billions of supplies in circulation. 2 digits in price is possible but having 3 digits is extraordinary.
There's no such altcoin that has with that total supply that I've seen that have met $100 in price.


Title: Re: Is it possible for a Billion max supply capped altcoin to reach $100?
Post by: Fivestar4everMVP on January 25, 2021, 09:40:36 PM
A coin or token with a billion supply and they are all in circulation will hardly reach $10 usd before we start to talk of $100 usd, I've always checked this on coinmarketcap and I discovered it that coins with billion or billions in supply will need a lot of support from the community before it can even cross $1 usd, they do grow much in market capitalization but actual price of the coin or token is always not very great, coins and tokens with lower maximum supply tends to grow better in actual price as the market capitalization grows.


Title: Re: Is it possible for a Billion max supply capped altcoin to reach $100?
Post by: Princejebs on January 25, 2021, 10:12:09 PM
It all depends on how vesting those tokens were put on lock. It's highly possible and such price can be achieve if they release some amount token in circulation.
Mathematically, economics has shown us that the higher the demand with a low supply will increase the price of a particular item. I believe such way may work with that Altcoin.
Another thing is manipulation, whales can try to shill, influence others. If the all exchange especially the top 10 can list such token, it may even exceed your target.


Title: Re: Is it possible for a Billion max supply capped altcoin to reach $100?
Post by: SistaFista on January 26, 2021, 08:36:47 AM
I think such altcoin doesn't exist currently, just calculate their marketcap and you will find the answer.
For example, lets take a look of Polkadot coin, it has almost 1 billion coin circulation (around 900 million) and each of them have value around $17,
this is already bring the coin on #4 position in coinmarketcap.
If there is some altcoin which have 1 billion coin circulation and each of them have $100 value, then its marketcap value is $100 billion, which is still below Ethereum marketcap.


Title: Re: Is it possible for a Billion max supply capped altcoin to reach $100?
Post by: Claudio99 on January 26, 2021, 09:30:02 AM
It is not impossible but such haven't happened in crypto space before, that kind of altcoin will have to beat bitcoin x2 to get to that price with 100 billion max supply, nothing is impossible but for now no coin is capable, bitcoin haven't even get there yet


Title: Re: Is it possible for a Billion max supply capped altcoin to reach $100?
Post by: Kunnu on January 26, 2021, 09:58:18 AM
Of course it can be possible if the whole crypto community finds huge benefits in an altcoin which total supply is in billions and buy this altcoin on huge graph so there are chances anyway crypto community determines the price of any altcoin so anything could be possible.


Title: Re: Is it possible for a Billion max supply capped altcoin to reach $100?
Post by: heyhat on January 26, 2021, 10:31:22 AM
There is not an example of it but it is highly possible and the nearest candidate is DOT. Maybe not this year but at the end it will reach to the 100$. My other candidates for this are Link and Uni.


Title: Re: Is it possible for a Billion max supply capped altcoin to reach $100?
Post by: very_452001 on January 26, 2021, 02:47:51 PM
Check out this thread, it compares bitcoin with chainlink. Bitcoin has 21million, Chainlink has 1 billion:

https://bitcointalk.org/index.php?topic=5312147.msg56182584#msg56182584

Is it possible for chainlink to reach $100 each after reading the link above?


Title: Re: Is it possible for a Billion max supply capped altcoin to reach $100?
Post by: Ucy on January 26, 2021, 05:43:29 PM
I believe it's possible if you could regulate the  supply to keep the coin scarce or reduce the supply while its demand is high.
If it is a very useful coin with high demand, and the community for example locks enough of the supply, it will likely go up sharply


Title: Re: Is it possible for a Billion max supply capped altcoin to reach $100?
Post by: republicrypto on January 26, 2021, 06:17:28 PM
Bitcoin has max 21 million coins, this low amount gives it that fundamental value.

Can a altcoin with a billion max supply reach $100 each?

Has any alts in history with a billion or billion+ but no more than a trillion coins reach $100 each?

i don't think so, because $100 is impossible for a coins with billion supply,,
maybe the max price level for a coins with billion supply is about $10 my friend
regards


Title: Re: Is it possible for a Billion max supply capped altcoin to reach $100?
Post by: bttmember on January 26, 2021, 08:26:51 PM
Bitcoin has max 21 million coins, this low amount gives it that fundamental value.

Can a altcoin with a billion max supply reach $100 each?

Has any alts in history with a billion or billion+ but no more than a trillion coins reach $100 each?
I do not think that any altcoin with such a vast supply has done that before but it is very possible and if the next bull market grows over 10 trillion then we can expect life changing gains and we will see many big supply alts doing wonders as well.


Title: Re: Is it possible for a Billion max supply capped altcoin to reach $100?
Post by: doctor877 on January 26, 2021, 08:53:03 PM
Usually it depends on the circulating supply and what is being done with the remaining supplies. Reaching 100$ is a very far dream for billion supply coins but it could perform well to some two figures depending on how its being handled.


Title: Re: Is it possible for a Billion max supply capped altcoin to reach $100?
Post by: SlimShadyMmp on January 26, 2021, 10:08:17 PM
Hmmh I really don't think that possible with the way I see things going I mean It takes a lot and serious amount of support to get to that limit Even at that I highly don't think it can be achieve No matter how volatile we are Is still a financial market so at such thing are required in certain ways


Title: Re: Is it possible for a Billion max supply capped altcoin to reach $100?
Post by: jahepahit on January 26, 2021, 10:29:13 PM
Yes it is possible, but the chance is very slim. This is crypto, anything can happen that's why I won't write it off but will take along of time.


Title: Re: Is it possible for a Billion max supply capped altcoin to reach $100?
Post by: WalkerIVIV on January 26, 2021, 10:33:01 PM
Bitcoin has max 21 million coins, this low amount gives it that fundamental value.

Can a altcoin with a billion max supply reach $100 each?

Has any alts in history with a billion or billion+ but no more than a trillion coins reach $100 each?

i don't think so, because $100 is impossible for a coins with billion supply,,
maybe the max price level for a coins with billion supply is about $10 my friend
regards
It can't also be achieved by the coin that has no strong fundemental. Even XRP can't do that in the past.
It's quite impossible to see the coin with billion supply can worth $10 or even more. I personally think about the maximum price that can be achieved could be single digit. Two digits is an impossible thing.


Title: Re: Is it possible for a Billion max supply capped altcoin to reach $100?
Post by: FireBallex on January 27, 2021, 06:22:57 AM
Such have never happened before and I don't think it's ever going to happen because we have too many altcoins in crypto space right now, the kind of marketcap that such coin will have will definitely beats bitcoin, that's why I said it's never going to happen


Title: Re: Is it possible for a Billion max supply capped altcoin to reach $100?
Post by: LogitechMouse on January 27, 2021, 07:38:16 AM
Can a altcoin with a billion max supply reach $100 each?
It may happen but right now, its impossible to happen.
Ripple has the highest market cap reached with more than a Billion supply. It reached $3.84 last 2018 with a market cap of nearly $140 Billion Dollars. By far that is the highest.

Has any alts in history with a billion or billion+ but no more than a trillion coins reach $100 each?
So far none so technically, what you are saying might not happen or it will but after a few decades.


Title: Re: Is it possible for a Billion max supply capped altcoin to reach $100?
Post by: lixer on January 27, 2021, 04:46:18 PM
Bitcoin has max 21 million coins, this low amount gives it that fundamental value.

Can a altcoin with a billion max supply reach $100 each?

Has any alts in history with a billion or billion+ but no more than a trillion coins reach $100 each?
Nah, I have not seen that happen before, only the ones with small supply cap quickly reaches such price and beyond. So, it’s not for those ones that have huge supply unless maybe in the future they will be able to achieve that when there are more people from around the world joining the project and also investing huge amount of money, and I don’t think that’s going to happen very soon, it’s definitely going to take a long time before it happens.

Moreover, most of the people that are joining the market are mainly going for bitcoin and over the time, they prove how accurate their decisions are. So, bitcoin may keep attracting new investors whereas most altcoins will keep dying slowly due to lack of investors and continuous dumping.


Title: Re: Is it possible for a Billion max supply capped altcoin to reach $100?
Post by: aemma on January 27, 2021, 09:14:28 PM
I have not seen any altcoin like that before, and if you check, most altcoins with higher prices like the $100 mentioned are altcoins with very low maximum supply and those with a billion supply will hardly reach such price. However, it can also happen but will be on a very rare cases, that is, if a group of whales just decides to focus on a particular billion supply coin and pump it as much as they can, but I doubt if it will reach to that price but maybe half of it, nevertheless, such cases will also be deadly, because the dump will be worst.
Also, if XRP which is among the top altcoin is yet to reach $10 let alone such price like $100, then I think there will be no altcoin with a Billion maximum supply that will reach such target.


Title: Re: Is it possible for a Billion max supply capped altcoin to reach $100?
Post by: very_452001 on January 28, 2021, 07:03:41 PM
So you guys saying for example popular Chainlink LINK cant never reach $100 each cause it has a billion supply  ???





Title: Re: Is it possible for a Billion max supply capped altcoin to reach $100?
Post by: Zeehaxan on January 28, 2021, 07:26:10 PM
Bitcoin has max 21 million coins, this low amount gives it that fundamental value.

Can a altcoin with a billion max supply reach $100 each?

Has any alts in history with a billion or billion+ but no more than a trillion coins reach $100 each?
Everything is possible especially in crypto market because it is still young. When the market cap will be over 20 trillion you will see many examples of high supply coins growing over $100 but for that you need to be patient.


Title: Re: Is it possible for a Billion max supply capped altcoin to reach $100?
Post by: kenelmark on February 01, 2021, 07:08:10 PM
Everything is possible especially in crypto market because it is still young. When the market cap will be over 20 trillion you will see many examples of high supply coins growing over $100 but for that you need to be patient.
Yes, all things do need patience in terms of waiting, because the crypto market is also not an instant thing to expect,
because potentially everything can be very open to happen.