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Author Topic: Is it possible for a Billion max supply capped altcoin to reach $100?  (Read 443 times)
very_452001 (OP)
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January 25, 2021, 10:54:13 AM
 #1

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?
Kupid002
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January 25, 2021, 11:07:30 AM
 #2

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 .

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January 25, 2021, 11:09:01 AM
 #3

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

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January 25, 2021, 11:21:12 AM
 #4

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.

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January 25, 2021, 11:40:38 AM
 #5

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.

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January 25, 2021, 11:41:00 AM
 #6

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

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January 25, 2021, 12:35:50 PM
 #7

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.

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January 25, 2021, 12:39:56 PM
 #8

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.
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January 25, 2021, 12:53:43 PM
 #9

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.
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January 25, 2021, 01:01:13 PM
 #10

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.
Dariusburst
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January 25, 2021, 01:05:32 PM
 #11

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
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January 25, 2021, 01:08:24 PM
 #12

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).

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January 25, 2021, 01:12:31 PM
 #13

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.

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January 25, 2021, 01:26:41 PM
 #14

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.
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January 25, 2021, 01:28:54 PM
 #15

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.

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January 25, 2021, 01:33:43 PM
 #16

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

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January 25, 2021, 01:44:45 PM
 #17

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.

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
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January 25, 2021, 02:18:32 PM
 #18

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.

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January 25, 2021, 02:50:37 PM
 #19

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)

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January 25, 2021, 03:24:14 PM
 #20

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

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