Hi my question is, in my project i have plan to buy back my own token on exchange with 1000$ each day. What token circulating supply will demonstrate more X gains, a circulating supply with 100million , 1Billion or 10 Billion. Kindly can you demonstrate with little bit equation how much price will pump with less money require. If someone can give the reference of meme coin kindly explain me why we see 1000% gain in one day in them thanks.
The less supply is, the bigger price will be, there is no formula for it, but we saw this many times, how buyback pumps the price. And of course coin with 100 million supply will demonstrate more X gains.
What comes to meme coins, they just caught the wave of hype. When something is popular, people want to invest in it, as they think that they will also make money on it. Moreover it was an advertisement from Elon Musk, so it was a big demand and consequently a big pump.