Tokens/coins with insanely high inflation will not be not profitable ever

[dansus021]

Lol, I created a similar thread on the local board to address this issue. What I found is that all of the coins with high inflation and even with auto staking/rebasing, all ended up in the dumpster. With too many circulating supply, it would be extremely difficult to pump the price.

It's funny how people think LUNC (Luna Classic) can be a $1 token without extreme burning. The formula is easy, market cap = supply * price. Just input any price you think is achievable and look at its market cap, you can then judge whether it's rational or not.

While coins must be a serious project, probably for the "get rich quick" scheme, tokens can be just for fun, especially if these were built on top of a cheap chain.

yep this guy was right before investing looking at tokenomic and total supply is really big deal.

memecoin usually have dozen of circulating supply and have unlimited total supply which is bad if there is no burning mechanism. eth is unlimited supply but they have burning mechanism the bnb has limited supply but still they conduct burning per quarter

lunc offcourse can be 1$ if their supply back before their crash

[1715207330]

1715207330

[1715207330]

1715207330

[yazher]

Simply these mediocre project are the product of developers that want quick profit in the market of crypto. They feed on the money of dumb traders that always taking risk on this kind pump and dump project. They are the ponzi of crypto an using the smart contract and cheap website to create cheap project for there token. These tokens will keep coming back as long as there’s a trader buying it.

This is the norm on crypto and we can’t dictate dumb traders to not buying this kind of bullshit tokens because they have there own bullshit reason to lose there money.

I once came across this kind of project where they are kinda active in the first phase of their promotions and when the people flock to buy their coins, they often don't give a damn after that. they just run away with the money and leave their coins to sink their price until they almost become nothing. Luckily I was able to sell when the price was still profitable and I feel sorry for those people who never get back their capital after the coin has sunk to the bottom and never recover again.

[CapGelatik]

Whether high inflation or low inflation, there has to be utilities for a coin or token to keep performing well in all market situation. Without that, the coin/token will only amount to just a pump and dump one which only relies on hypes of social influencers to perform in term of price.

Yes that's true if without utility of course it will end up like most meme coins,
but nowadays not all meme coins are like that because we can see like dogecoin and shiba inu it's a favorite coin,
if you want to make a profit, do research before investing because there are also many coins without any utility

[BuNga_cute]

Whether high inflation or low inflation, there has to be utilities for a coin or token to keep performing well in all market situation. Without that, the coin/token will only amount to just a pump and dump one which only relies on hypes of social influencers to perform in term of price.

Yes that's true if without utility of course it will end up like most meme coins,
but nowadays not all meme coins are like that because we can see like dogecoin and shiba inu it's a favorite coin,
if you want to make a profit, do research before investing because there are also many coins without any utility

Actually as long as we choose projects based on the results of our own research and analysis everything will be fine. The problem is if we choose
projects based on signals from others, especially if we trust influencers who promote on social media too much, it is very risky and highly discouraged.
Because most influencers promote projects without utility, in the end those projects are only used for pump and dump. What most influencers think
about is their own profit, so they will promote projects that can benefit them,  even if those projects are shitcoins and can harm other people.

So my advice make sure we only trust our own opinion, because in my opinion the safest is to choose projects according to our own analysis.
We can choose potential projects, so the possibility of us choosing the wrong projects can be minimized. Because right now, most of the projects
circulating in the market are without utility and are at risk of becoming scams. That's why we have to be very careful in choosing projects for investment.

[Silberman]

these are the characteristics of shitcoins in general they are usually short lived due to the fact that they are having such massive fluctuation than the other coin making them seems like gambling. moreover i think everyone knows that investing in these coin for too long will just cause losing money therefore rarely someone gonna invests in long term. moreover there's bigger chance of that fluctuation caused by manipulation.

Without a doubt people that have a lot of experience in this market know what to expect out of those shitcoins, and while I stay out of them out of principle I can understand those which decide to take their chances with those coins as long as they understand the risks they are taking, the problem is there are a lot of people which do not really understand what they are doing as they legitimately believe they can earn a huge amount of money with those coins and decide to hold them for the long term, something we know is not a good idea. 

[panjay]

Aside from them having no use cases...

* Price of one token will automatically decrease when there's a flood of free tokens getting into markets and scarcity of the token decreases.

* Even if you look at it from the point where your bag wouldn't necessarily lose value as in whole, as it too is increasing with the circulating supply there's one thing you forget, and that's traders. Traders use altcoin or fiat money pairs to do technical analysis, and it obviously will look bad when the trader sets the targets. That would mean that charters would need to use marketcap graph to find a bullish TA and probably no one would even bother to do that as very few do it now.

* Rebasing as a solution is worst possible as it eats away the whole idea of having high interest from staking in the first place.

So why the hell do they keep coming back on the markets?

You are right, usually, high-inflation tokens/coins are meant to be highly consumed for something, like gaming purposes but as you said it's meaningless to have high inflation for just the sake of inflation only, you need to meet the demands, if it's condition doesn't meet, it's just a straight elevator down on price.