Is there a limit in altcoin growth?

[KimmyF]

Looking at the index websites we see more than 50 altcoins having reached more than a billion dollar marketcap and a few more are ready to cross the 1 billion dollar mark price.

We observe how Ethereum is valued close to 200 billion dollars market cap. This is basically the market cap of Bitcoin a few months ago. Polkadot at 20 billion dollars, Chainlink at 10 billion dollars, Cardano 17bilion etc. What is the real market cap derived from utility of these coins/tokens? Is Cardano,Polkadot, Chainlink and even Ethereum deserving these prices and market caps, and do you seriously think they can rise even more?

When investing in the top altcoins do you think the market cap is not important in your judgement to find if they are perhaps overvalued?

Please keep it civil in your replies, I am not attacking any of your favorite bags, just pointing out something that you should remember. Most altcoins will lose 99% of the price they have today as it happened again and again. There are very few alts having fundamentals to support the current valuation.

New or old coin growth is always included in the total supply. Altcoins are here to pump without any limitations. Total market cap could reach 5 trillion, so billion USD isn't a big deal. More altcoins or new altcoins could reach billion USD. We can fix limitations on only old top altcoins pumps. As exchange, demand and volume altcoins price we can predict easily.

[target]

There is a limit of course but this is because there are only a few people in cryptocurrency. The marketcap isn't what makes it an altcoin's growth limited.

Give it time till 2025 probably the next halving and bullrun, people will start investing even to TRX that most of us despise. Even just half the people in the world get to enjoy the cryptocurrency will make the price grow limitless already.

[Maackayon1]

there is definitely no growth. it wont be  a good approach to cap the growth limit. s long as more people keep buying into the project and the keep developing their platform. market cap is not so good to judge a coin further except if it isnt a good project. these facts are just to postion for greater profit in a low cap coin.

[hatshepsut93]

What is the real market cap derived from utility of these coins/tokens?

This is the real marketcap, marketcap is just supply x value of a single unit. It's really not that useful metric.

It's not hard to see that alts are overvalued, they don't have any use now, their price reflects the hopes of investors that one day these coins will be used, and then there's a big dose of speculation.

Most alts are doomed to die because of competition. We don't need two Ethereums or two Bitcoins. 99% of users will stick to the dominant solution.

[vintages]

This will always be an issue when discussing altcoins, especially when people have their favorites on the list.
For me, i don't think the market cap value should be placed into high consideration. Because a coin with a low market cap can still perform better than the one on the top list.

I always see the real potent of a coin through what their worth or what they set up for. A good coin can suddenly jump from zero to from billions. So don't easily judge.

[cahkalem]

This will always be an issue when discussing altcoins, especially when people have their favorites on the list.
For me, i don't think the market cap value should be placed into high consideration. Because a coin with a low market cap can still perform better than the one on the top list.

I always see the real potent of a coin through what their worth or what they set up for. A good coin can suddenly jump from zero to from billions. So don't easily judge.

yes, everything is possible in crypto world, and for sure a lot of hidden gem that under the radar now that can easily jump anytime
but, we need a good knowledge to find the hidden gem mate

[Teraboy]

The real marketcap from those smartcontract coins can't be determined and it should be random as the volatility will always change the marketcap. If we are talking about potentiall of this coins to grow even more and it will always there.

Marketcap is an imporant thing to be used as an indicator before try to invest in the ico. That will make us easy to determine whether it's overvalued or not.
There are lots of factor other than marketcap that will always be used as judgement to the project.

[beerlover]

Technically speaking there is absolutely no limit at all, it could be anything, we could have even ethereum at 1 million dollars each, because it is technically "possible", that is why I think it is quite obvious that people do keep invest into crypto currencies. However we are looking at what is realistic and not what is possible, because altcoins could go up, but they can't go up as much as what is possible.

For example ethereum becoming 2k+ tomorrow would be possible and also realistic, however ethereum being 50k tomorrow is "possible" but not realistic expectation. So if you want to make something that would be realistic, you should keep it within 5x high and 80% low, those are the realistic numbers, prices will not go higher than 5x times in under a month, and it will not drop 80% in a month neither and thats the short term realistic approach.

[whyrqa]

market capitalization is very important in seeing the movement of altcoins with this factor, we can see that millions of coins in trading always rely on the state of the altcoin growth market, there must be an increase limit now that the increase has reached the highest price so that it becomes a pump for crypto to move even more so that all altcoins will reach the very top point and last forever

When cryptocurrencies such as Bitcoin and Ethereum reach their next high in 2021, then many investors will invest in other projects, thereby benefitting from the prospects of other projects. It is at that moment that altcoins will also begin to rise in price. And today it is too early to expect this.

[RabbiTANK]

Many crypto coins are not in the right places right now, do not be deceived by the massive marketcap you are seeing, only time will put them where they need to be in the first place, find potential altcoins and keep watch on them, nothing is certain in crypto space, just because coin A is on top 5 today doesn't mean it will be there tomorrow