wuvdoll
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May 05, 2019, 03:13:10 PM |
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We already know loads of tokens that come to the market with their values way less than 1 satoshi as their market value most especially tokens that exist under the ethereum framework. am talking about tokens like Tourist Token (TOTO). https://coinmarketcap.com/currencies/tourist-token/What is their fate in the crypto space.? Dead. No coin that has value under 1 satoshi will stay alive for too long, they used to have 1 satoshi as a benchmark that couldn't go any lower but with the addition of trading via tether and bnb and eth and so forth they had a new low but some of them even go to 1 satoshi (or whatever its called in that coins version) because if a coin already dropped below 1 satoshi than there is no way to save it whatever you calculate it with. I feel like there could be some that got a bit revived thanks to pairing it with ethereum and what not but thats a short lived life and will definitely go back down to death once again. Even dogecoin and reddcoin type of "joke" coins worth well over 1 satoshi so I can't really think of any reason why any serious coin would have to be under 1 satoshi.
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sctunter
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May 05, 2019, 03:14:07 PM |
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Tourist token or named as TOTO is quited good at that moment starting with less trusted from their investor because there was indication for scamming and then after release on market the price up more than 4x or 5x ( not really remember) i think it can back to that price for sure if the team do something on that
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Callanta787
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May 05, 2019, 03:15:24 PM |
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You don't have any problem as far is its still trading with good volume on exchanges when bullrun comes it will surely gets over 5sat per one ,I'm talking from experience
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cahkalem
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May 05, 2019, 03:22:35 PM |
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We already know loads of tokens that come to the market with their values way less than 1 satoshi as their market value most especially tokens that exist under the ethereum framework. am talking about tokens like Tourist Token (TOTO). https://coinmarketcap.com/currencies/tourist-token/What is their fate in the crypto space.? altcoins with less than 1 satoshi in price is a good options to make a huge profit,, because when the price rising to 2 satoshi, you already make 100% profit right ? but remember, you should know if the coin/token is not a dead cryptocurrencies, so you will not lose your money
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Zdraste16
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May 05, 2019, 03:39:05 PM |
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We already know loads of tokens that come to the market with their values way less than 1 satoshi as their market value most especially tokens that exist under the ethereum framework. am talking about tokens like Tourist Token (TOTO). https://coinmarketcap.com/currencies/tourist-token/What is their fate in the crypto space.? Now it is difficult to draw conclusions about the token TOTO It can be observed that the token you are interested in, from those proposed and issued is not the cheapest. More precise information about the future of this token can be obtained only from the developers of this project, on the official website.
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Jeborn
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May 05, 2019, 03:50:44 PM |
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The future of a coin goes beyond the value of it per token. I always look at the bigger picture what is the marketcap of the token, the daily trading volume, how committed are the developers and community backing such coin. If all theses boxes are ticked then the future is bright than its current value even if it's less than 1 satoshi
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elitemobb
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May 05, 2019, 04:09:42 PM |
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I will tell you so much on the market as an example of those tokens that cost nothing, and as a result, we still have to stand for quite a lot so we cannot predict this, so do not underestimate such tokens.
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jossiel
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May 05, 2019, 11:00:50 PM |
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It is currently ranked as 1180 on coinmarketcap and the volume would actually determine if this or other coins would be able to survive being new to the market. Coins like this is unlikely to know if they will have good fate in the market because they are still far from what you are expecting.
Are you an investor of this coin and how did you end up asking about its fate?
Checking the site but loading very slowly, checking the announcement there is no update but surprisingly the volume is ok the only problem is the huge supply and the site and the announcement that are no update, I will not invest on this coin a good project always have updated its investors. Yes supply is too high, 7 billion. For such coin that looks dead, you should be careful of putting any amount on it if you don't want to lose it. You don't have any problem as far is its still trading with good volume on exchanges when bullrun comes it will surely gets over 5sat per one ,I'm talking from experience
The only exchange that has small volume is on hotbit and the 24 hour volume isn't so high. You may have that experience but this coin would differ from that experience of yours, just saying.
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TimeTeller
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May 05, 2019, 11:08:22 PM |
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You don't have any problem as far is its still trading with good volume on exchanges when bullrun comes it will surely gets over 5sat per one ,I'm talking from experience
Aside from the good volume, the status of their developments is the most important. Because most of the altcoins or tokens that I am seeing with < 1 sat-value have no active developers anymore. And the chance of eating the dust of crypto is very high. But one altcoin that I've seen maintain their market even at 0.001 sat is SHND. I thought they will gonna die soon when I first encountered it. But no, they are still in the market, and in several exchanges.
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Bonwin
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May 05, 2019, 11:27:26 PM |
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Not all coins that trade as low as 1 sat will survive. As a matter of fact, I invested in some coins like that, but today they have no volume at all. That is just like a lost investment. So be careful of what to invest in, no matter how low the price is.
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mrdeposit
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May 06, 2019, 11:34:39 AM |
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I do not know, I would like to remind you that the dogecoin's price was low too. Indeed, the circumstances are very different than the old times. But I think everything is possible in the crypto world.
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chenille
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chenille!
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May 06, 2019, 11:11:24 PM |
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For your coin it means: the total supply is very high (7,500,000,000) and that makes a low price very meaningless.
it depends on the project itself and the community that supports the coins like dogecoin that currently has the total supply almost 120B and until now there is many people use dogecoin while the price is very low Yes exactly. Dogecoin has a very high supply and that's why the price per coin is very low. I used " makes a low price very meaningless" to express that it's always related to the total supply and for a correct result the total supply has to be multiplicated by price per coin. We already know loads of tokens that come to the market with their values way less than 1 satoshi as their market value most especially tokens that exist under the ethereum framework. am talking about tokens like Tourist Token (TOTO). https://coinmarketcap.com/currencies/tourist-token/What is their fate in the crypto space.? The price of a token means nothing. For getting an accurate impression if the token is undervalued or overvalued, the total supply of a coin / token has to be considered in addition to the price. If there is a huge supply of coins or tokens created, the price will be lower per coin. Let's take BTC and EOS a an example: For BTC the total supply is 21,000,000. For EOS the total supply is 1,044,419,959 EOS. So, there are much more EOS in total created that BTC. Important is the scarcity of an asset and the lower number of all total created BTC makes every BTC more scarce compared to EOS. To calculate the marketcap you need to take supply*current price.
For your coin it means: the total supply is very high (7,500,000,000) and that makes a low price very meaningless. a huge total supply is not a big issue in cryptocurrencies, as you can see a lot of project with huge supply can growing hard for me, the main issue in that project is only the low trading volume and maybe the dev should be more active in development and marketing too so, the price could spike up ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) I didn't mean that it's a problem to grow for a project I did mean that a low price doesn't mean that a project is undervalued. Or using different words: you can't judge a project if you look only at the price, it's always important to check also the supply.
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IVEXO
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May 07, 2019, 11:42:40 PM |
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A very weak faith with half chances of survival Toto was a massive dump and pump token in mercatox and I’m not surprised Soon enough, there will be news of its delistment from exchanges
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MakeMoneyBtc
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May 07, 2019, 11:47:22 PM |
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Honestly I don't think we can talk about their fate anymore since their chances of getting back in the track are extremely low. There is a reason why the price of those altcoins is so low and that tells to the people they did not put all their efforts into that project and they've failed to achieve what they wanted. Unless a miracle happens I don't know how such projects could start growing up again.
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allohha
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May 08, 2019, 07:30:20 PM |
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Honestly I don't think we can talk about their fate anymore since their chances of getting back in the track are extremely low. There is a reason why the price of those altcoins is so low and that tells to the people they did not put all their efforts into that project and they've failed to achieve what they wanted. Unless a miracle happens I don't know how such projects could start growing up again.
I think that today we are not talking about the value of the one and the other coin, their future prospects. If the project has real prospects and will be in demand in society, then with the restoration of the cryptocurrency market the prices for coins will go up anyway.
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Genemind
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May 08, 2019, 07:36:15 PM |
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There are lots of coins under 1 Satoshi which is mostly considered as shitcoins. I think we can't do anything about it for now but to wait if there will be changes when the bull market runs. There are coins which raised from being a dead coin during the bull market last 2017 so it's never too impossible to happen again.
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asder250
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May 08, 2019, 07:43:17 PM |
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The future is that they will be soon delisted from coinmarketcap. But low volume doesn´t mean that the coin is bad or dead. It only means that sellers do not want to sell lower and buyers do now want to buy for higher price. ![Cool](https://bitcointalk.org/Smileys/default/cool.gif)
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Novatech8
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June 24, 2019, 09:42:25 AM |
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Its really near to impossible to see coins that are trading at 1sat doing good on long term ,many I know ends up going down under 1 sat and they never recover ,some devs are forced to fork the coins and reduce the max supply to get it over 1sat value
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altcoinhunter01
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June 25, 2019, 04:50:40 AM |
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The value below 1 Satoshi means there are few takers of that win and that coin has not much value behind him. Such coins can die because their developers leave them.
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TheClownSong
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June 25, 2019, 07:13:05 AM |
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We already know loads of tokens that come to the market with their values way less than 1 satoshi as their market value most especially tokens that exist under the ethereum framework. am talking about tokens like Tourist Token (TOTO). https://coinmarketcap.com/currencies/tourist-token/What is their fate in the crypto space.? Many altcoins are priced at around 1sats or below. I think tokens like this are not feasible as an investment because usually the transaction volume is very small and transacted on a small exchanger. Better invest on top 50 coinmarketcap
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