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Author Topic: How high will your altcoin go? check it out with this tool  (Read 267 times)
criptoevangelista (OP)
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November 28, 2023, 11:32:27 PM
 #1

I don't know if you know or someone has already posted, but there is this website that, based on market size, makes projections for altcoins... you can simulate based on marketcap and also on circulating supply, I think it's very interesting to use as an auxiliary tool for the ball crystal... purely speculative, but very interesting:

https://thecoinperspective.com/


here, for example, polkadot would be worth as much as if it had the market size of BNB, a potential upside of 415%!


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November 29, 2023, 02:44:41 AM
 #2

Just found out the site from you and basically, this site is a comparison site

so how much is the price of X coin when had same market cap as Bitcoin, well this is just a perspective  Grin I just thought that the site had some of predictions with data that said this coin will go x100 in 3 years because of this data .. . .. . .

But it is still good to see a new crypto site

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November 29, 2023, 02:51:45 AM
 #3

This platform is good to fuel your hopium from your altcoins  Cheesy
It's good to see we have this platform now because I can see some Twitter personalities who just posting some random like this for some altcoins and comparing it to some altcoins.

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November 29, 2023, 04:08:08 AM
 #4

-snip-
These no-need apps, just some shill on telegram ~LOL. We already seing so many channel telegram, "These coin will go up, with the same MC or movement from these coin".

-snip
The different is based on word + graphic for these Apps. I believe, more people can believe on the apps rather than some word from influencer since they get some grapich and could believe on it.

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November 29, 2023, 04:29:36 AM
 #5


Nice site. Its prediction seems too optimistic though.

Anyone who tests to see their altcoin goes parabolic will really be motivated to hold this coming Bull Run. I do have one altcoin that I have tested I just discovered I will have $6,200,000 lol I will buy an entire coastal line with such amount in my local currency.
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November 29, 2023, 05:38:37 AM
 #6

That's a good share. Since you can get an idea what would your token would be worth if it had particular coin's marketcap. I tried few of my held coins, and they seem underrated (from the looks of it at least)  Grin


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November 29, 2023, 06:37:52 AM
 #7

This platform is good to fuel your hopium from your altcoins  Cheesy
It's good to see we have this platform now because I can see some Twitter personalities who just posting some random like this for some altcoins and comparing it to some altcoins.
Actually its nice but the level of hopium is too great as well. Theres a lot of comparison with altcoins and its a good content for social twitter creators to boost their engagement especially when theres a paid for that. But regarding this tool, its really helpful for possible prediction outcome in case their tokens pumped to their comparison one.

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November 29, 2023, 09:56:27 AM
 #8

This platform is good to fuel your hopium from your altcoins  Cheesy
It's good to see we have this platform now because I can see some Twitter personalities who just posting some random like this for some altcoins and comparing it to some altcoins.

Cryptocurrency business is risky, especially when you come down to altcoins, so any tool that can fuel our opium, as you put it is welcome, so far we understand that it's all speculations, not facts. Its OK to gather information from different sources, like this crypto app that OP shared, so we can broaden our knowledge about making decisions regarding profitable altcoins.

Only bitcoin, stands at the top followed by top altcoins, the rest altcoins needs special speculations and analysis because of their high risks. So any helpful tips to guess their swings is recommended by me.











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November 29, 2023, 10:31:17 AM
 #9

Just found out the site from you and basically, this site is a comparison site

so how much is the price of X coin when had same market cap as Bitcoin, well this is just a perspective  Grin I just thought that the site had some of predictions with data that said this coin will go x100 in 3 years because of this data .. . .. . .

But it is still good to see a new crypto site

I thought so too! it’s still cool though

because it allows you to plan for the future and have an idea of how much should you or shouldn’t be investing so far no altcoin has reached bitcoin’s level but who knows? this site might prove useful in the future

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November 29, 2023, 11:32:51 AM
 #10

Predicting in this way has a problem as trading volumes are very low and suddenly they are pumped out and then the currency returns to being dead and not like Bitcoin, which shows a much better price performance since despite the fluctuation of the currency, trading volumes were active up and down. However, predicting Bitcoin is difficult and sometimes impossible in the short term, let alone these altcoins with low volumes.




See the trading volume chart below.
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November 29, 2023, 12:37:43 PM
 #11

I don't think prediction is the correct term, it's more of calculation the ideal price of a coin if it's reach a certain market-cap, this make the calculation by collecting the data based on the current price and market-cap. While the condition of a coin will not always the same and ideal, there could be a condition that the growth of the marketcap and the price is not linear.


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November 29, 2023, 02:33:41 PM
 #12

I mean it's not really hard to calculate, and the person who made this website did something simple. You just divide the marketcap of the coin that you want the size of, into the size it already is, whatever the result is, you multiply that with the price the coin is right now.

So if a coin is 1 dollar, and you take example a 5 dollar marketcap coin as example to reach, and you have 1 dollar marketcap, that means when the marketcap becomes 5 dollars, then the price will be 5 dollars. Calculating this is quite easy, and writing the algorithms for a website like this easy as well. This means there are two possibilities, it's either not a very good website and everyone will ignore, or people missed out on such an easy concept to build that might be liked.

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November 29, 2023, 05:44:50 PM
 #13

This tool is useful to get a quick idea if a new altcoin will be if it gets the marketcap of its competitor. This website can give satisfaction to many people by giving them content for fantasize their prediction other than this it doesn't help any way for investment. If I remember correctly then i have already seen similar website that offer similar tools. But i am sure this tool can not predict how high a altcoin can go but it can tell you the price if it goes to your predicted marketcap.
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November 29, 2023, 06:36:22 PM
 #14

I used to do these calculations from the cryptos that I have held and anticipates that their market cap increases. This is a good website. I didn't know that there's one in existence but after seeing this, I guess that there are other websites too that have this type of service.
Thanks for sharing OP.

I don't think prediction is the correct term, it's more of calculation the ideal price of a coin if it's reach a certain market-cap
Yeah, it's actually calculating how much the value per coin depending on the supply and market cap of it.

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November 29, 2023, 07:00:56 PM
 #15

This tool is useful to get a quick idea if a new altcoin will be if it gets the marketcap of its competitor. This website can give satisfaction to many people by giving them content for fantasize their prediction other than this it doesn't help any way for investment. If I remember correctly then i have already seen similar website that offer similar tools. But i am sure this tool can not predict how high a altcoin can go but it can tell you the price if it goes to your predicted marketcap.
This does not actually predict what will happens to x coin in years coming but only give us an estimated level on 2hat we should expect.
This is a god tool for us to use and compare different tokens we are holding and see what could probably happen to them in the next few years. Also we need to understand that it does not give us the overall expectations but a guess of what could probably occurs in time coming. The site is good to use and make our own financial decisions.

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November 29, 2023, 07:59:56 PM
 #16

Not really projection or speculation, just a tool for comparison that can bring clarity to some people who think that price of one coin is meaningful info.

I used to do this by making my own calculator like this with spreadsheet. It's handy when coins aren't even listed yet and they are under $1M marketcap.
It's reasonable for many new tokens to reach $1M so i counted what would be my exit prices. That was actually making me lots of money when ever i wasn't buying a instant rug pull.

When i wanted to shill my bags i used to say that this has better fundamentals then coin A, and just pointing out that if it would have 1/5 marketcap of coin A, it would be worth N

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November 29, 2023, 09:24:50 PM
 #17

This can give many alts holders false hope, although it is not a bad idea to make this type of calculation to anticipate ahead what you can make from a particular investment if things or the market becomes very bullish.
I think most people in crypto do this because it helps to give an idea of what is likely going to happen. 
I still do this but just have a picture in my head of what I expect my investment to be, but back in my early days in crypto, I did lots of calculations. Now am more experienced  Grin

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November 29, 2023, 10:09:59 PM
 #18

I don't know if you know or someone has already posted, but there is this website that, based on market size, makes projections for altcoins... you can simulate based on marketcap and also on circulating supply, I think it's very interesting to use as an auxiliary tool for the ball crystal... purely speculative, but very interesting:

https://thecoinperspective.com/


here, for example, polkadot would be worth as much as if it had the market size of BNB, a potential upside of 415%!
I suppose that could be interesting for some investors out there, but I do not really see too much of a need for a website like that, since this is something you could do on your own with a calculator by simply dividing the market caps of both the coins you want to compare and then multiply the result with the price of the coin you want to speculate with, so if you wanted to know how high the price of each ethereum will be if it had the market cap of bitcoin, you divide their market caps which are 737 and 243 billions, and once you get the result, which is 3.03, you multiply it with the current price of ethereum, which is 2030.4, and you get a price for each coin of 6152.11 dollars.
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November 29, 2023, 10:36:14 PM
 #19

I don't think prediction is the correct term, it's more of calculation the ideal price of a coin if it's reach a certain market-cap, this make the calculation by collecting the data based on the current price and market-cap. While the condition of a coin will not always the same and ideal, there could be a condition that the growth of the marketcap and the price is not linear.
thats honestly true, just calculating what the price if the market capital reach other coin's market cap which sometime isn't really gonna be the scenario, sometime along the way we will see some coin have burning, maybe the total supply will also increase significantly at the time they reach that market capitalization even if total supply is increasing a little but the previous calculation won't be valid anymore there are certainly so many things needs to be considered not just calculating based on market capitalization difference and call it a day but its good enough to give some impression about the state of coin we invested if suddenly market capitalization reached the same as other higher market capital coin in the future, but overall not truly an accurate impression.
in this case i would never use the tool to make analysis instead would just use it for fun, if its predicting the price i'd still depends on my own calculation.

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November 29, 2023, 10:55:37 PM
 #20

This site is quite interesting. This will boost altcoin lovers to do the experiment and get excited though, although we know that this isn't 100% reliable and accurate, but just speculations that can somehow turn into reality if the market favors them. And for those newly recruited altcoin enthusiasts, they will be more selective with the altcoins they're going to hold as this tool could be helpful at some point.

However, the best tool not to fall on altcoin investments is our own knowledge and skills in the crypto market. Keep doing DYOR so we will be updated on the market events and will be aware on those altcoins that need to be avoided and need to pursue investing. This site is probably just for fun and a little bit of knowledge acquisition, so we don't need to completely rely on it for future predictions and choice of investments.

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