Jancuki
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January 25, 2021, 03:39:40 PM |
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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.
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k@suy
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January 25, 2021, 03:51:14 PM |
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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.
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bitgolden
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January 25, 2021, 04:13:53 PM |
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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 $100 each?
Well, technically speaking it is not about how many there is of a coin, price of it obviously gets affected but it is about how much people are willing to pay for it. So let's assume there is a project with 1 billion max supply, and all of it was mined as well, it could be under 1 cent, it could be over 100 dollars, it all depends on how much people are willing to pay for it. So far we never had 1+ billion one with 100 dollars because that would mean 100 billion marketcap and only coin that broke over that is bitcoin I think, maybe eth did too I am not sure but I do not think so. This is why there hasn't been any coin with 100+ billion dollar market cap let alone any other specific requirement aside from bitcoin which has 21 million max supply. This is why I think it would be hard, but technically speaking what makes a coin worth something is not only the supply, there are other things.
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Mighty_crypt
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January 25, 2021, 04:47:58 PM |
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It has never happened before and it never going to happen because for a coin with billion max supply to cost at 100$ per coin requires alot and the market cap will be 1 trillion dollars worth, that is impossible right now
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cabron
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January 25, 2021, 05:05:56 PM |
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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.
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Clement Kaliyar
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January 25, 2021, 05:23:16 PM |
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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 .
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tabas
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January 25, 2021, 05:59:58 PM |
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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.
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Fivestar4everMVP
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January 25, 2021, 09:40:36 PM |
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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.
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Princejebs
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January 25, 2021, 10:12:09 PM |
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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.
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SistaFista
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January 26, 2021, 08:36:47 AM |
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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 $100 billion, which is still below Ethereum marketcap.
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Claudio99
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January 26, 2021, 09:30:02 AM |
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It is not impossible but such haven't happened in crypto space before, that kind of altcoin will have to beat bitcoin x2 to get to that price with 100 billion max supply, nothing is impossible but for now no coin is capable, bitcoin haven't even get there yet
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Kunnu
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January 26, 2021, 09:58:18 AM |
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Of course it can be possible if the whole crypto community finds huge benefits in an altcoin which total supply is in billions and buy this altcoin on huge graph so there are chances anyway crypto community determines the price of any altcoin so anything could be possible.
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heyhat
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January 26, 2021, 10:31:22 AM |
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There is not an example of it but it is highly possible and the nearest candidate is DOT. Maybe not this year but at the end it will reach to the 100$. My other candidates for this are Link and Uni.
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Ucy
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January 26, 2021, 05:43:29 PM |
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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
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republicrypto
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January 26, 2021, 06:17:28 PM |
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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
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bttmember
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January 26, 2021, 08:26:51 PM |
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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 $100 each?
I do not think that any altcoin with such a vast supply has done that before but it is very possible and if the next bull market grows over 10 trillion then we can expect life changing gains and we will see many big supply alts doing wonders as well.
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doctor877
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January 26, 2021, 08:53:03 PM |
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Usually it depends on the circulating supply and what is being done with the remaining supplies. Reaching 100$ is a very far dream for billion supply coins but it could perform well to some two figures depending on how its being handled.
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SlimShadyMmp
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January 26, 2021, 10:08:17 PM |
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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
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jahepahit
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January 26, 2021, 10:29:13 PM |
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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.
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