Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: vs2014 on January 11, 2024, 02:09:43 PM
-
In fact, a project enters the crypto market with a different token supply. So how important is more or less supply to you? What do you think if there is more supply the token price of the project may be lower. But you should know that a project becomes stronger with more supply and now there are many top altcoins that have more supply.
-
I don't care how many billions of tokens the total supply of a project is, I only care about a few issues:
- How many % of tokens are in circulation?
- What is the market capitalization of token?
- How many % of tokens does the project team and partners hold?
- What is the plan to unlock and burn tokens?
- Tokenomics: use case of tokens.
Total supply is just a number, and we have seen many projects burn 99% of total supply but the capitalization is still just under $100K. Don't be distracted by unimportant things.
-
In fact, a project enters the crypto market with a different token supply. So how important is more or less supply to you? What do you think if there is more supply the token price of the project may be lower. But you should know that a project becomes stronger with more supply and now there are many top altcoins that have more supply.
Yea, if I don't actually notice a token or coin during its early stage of ICO and perhaps I get to see the coin after it's newly listed on an exchange, the first few things I will check about the project are the team that constituted the project, the road map of the project, and the total coin supply. I will also check how much was raised in their ICO if they actually did one.
In my opinion, taking note of the total supply of a token is very important because a lesser supply may likely be limited if there is a high rate of demand, which can cause the price to pump and gain more value. Although some projects can actually have a very large supply, the token will still have good value in the market. For example, Doge Coin has an infinity supply, but the price is still better than some other altcoins that have a billion total supply.
-
In fact, a project enters the crypto market with a different token supply. So how important is more or less supply to you? What do you think if there is more supply the token price of the project may be lower. But you should know that a project becomes stronger with more supply and now there are many top altcoins that have more supply.
The amount of supply an altcoin has is actually not that important in my opinion. But what must be taken into consideration is whether there is circulating supply and what percentage of the total and max supply is in circulation. The method of vesting and distribution is also very important. So the most important thing is the governance itself and the time period required for distribution or vesting.
So whether a lot or a little supply is actually not that much of a problem.
-
A little bit I'd say. I agree that it is not the most important thing to decide whether you should buy or sell a token though. I have some tokens with more than 2 billion supply, but the circulation is pretty low until probably 3 years later. Which means any price action can swing the price wildly. Depending on how you utilize that opportunity, you can make more money from trading them compared to a 1 billion supply coin that has 99% of its supply circulating on the market.
But you should know that a project becomes stronger with more supply and now there are many top altcoins that have more supply.
Why do you say so? Which project are you referring to? I don't recall seeing any new projects that have ridiculous supply being significantly favored by the market.
-
The equation is simple, as both supply and demand constitute the price, and the supply side can be manipulated, but the demand cannot. If the cryptocurrency manipulates the supply, know that it is a scam, as it is possible by burning or pumping an amount of supply, the price rises or falls, but in the long run, the curve is Bearish, for the price to grow correctly, demand must be growing, and for demand to occur, there must be something special in this currency, as there are more than 2 million cryptocurrencies.
-
Total supply is just a number, and we have seen many projects burn 99% of total supply but the capitalization is still just under $100K. Don't be distracted by unimportant things.
Exactly true.. ETH has an unlimited supply, but it gained trust because Vitalik has better potential than the average altcoin developer. We can see its price tends to rise even though the total supply is unlimited.
Lets see other coin , BNB has a limited total supply and regularly undergoes burning. However, in terms of price movement, everyone knows that ETH has shown better progress (another interesting fact is that BNB was born from ETH network) ...
Both altcoins are in the top 3 (excluding USDT because it's a widely used stablecoin), and they both provide concrete examples that total supply isn't a significant issue as long as developers can deliver something better to counteract client distrust. So the answer can be confidently stated that total supply needs to be balanced with a good business model or developer performance.
-
I say it doesn't matter on a bullrun because hype almost always wins during this period. It used to be a good selling point, together with the "no premine", but the pumps of XRP, Doge, and then the emergence meme tokens with billions of supply proved that it doesn't really matter to retail investors. Today, devs can issue any number then put up a buyback or burn plan and voila!
-
Higher supply tokens are prone to pump and dump due to it's cheaper prices but with limited supply coins prices will surge if someone will accumulate huge amount of it and you're not gonna worry about someone who will dump because the supply isn't that high.
-
In fact, a project enters the crypto market with a different token supply. So how important is more or less supply to you? What do you think if there is more supply the token price of the project may be lower. But you should know that a project becomes stronger with more supply and now there are many top altcoins that have more supply.
Have you ever think for once why Bitcoin has a maximum supply of 21 million and it's very scares? That's because the supply is very limited in number. With the principle of demand and supply, when a token is not much in supply, it creates more value because only few will be available and when people makes more demand for it, there is going to be an increase in the price.
Second instance is the meme coins, no matter how the meme coins are been pump, the hardly get the same value with coins with limited supply, they hardly make a $1 worth. In addition, when a coin is not many in supply, even the team don't have much with them and it creates value for the coin.
-
it's true, if a project has a small supply of tokens the token price is usually high, if the supply of tokens is large the price is usually low... but I think it depends on the project, they make the platform grow and can get lots of people using the project, that will create a token market volume This increases so the price also increases, even though the token supply is small but there is no development of the token, the price will be mediocre.
-
I think a project need to have decent amount of supply. Trillion of supplies makes me irritating. Although Supply actually doesn't matter at all. It depends on how about the project is. Project with small Supply and project with large amount of supply, both can be useless or useful, based on how potential they are. The difference is, small Supply based projects are costly, but big supply based project are less in price and most if people can afford to buy. That's all
-
As the supply of cryptocurrency decreases over time due to token burning and limited overall supply, the economic principle of supply and demand comes into play. With reduced supply and growing demand, the value of cryptocurrency may rise.
-
In fact, a project enters the crypto market with a different token supply. So how important is more or less supply to you? What do you think if there is more supply the token price of the project may be lower. But you should know that a project becomes stronger with more supply and now there are many top altcoins that have more supply.
In my opinion, the supply of tokens or coins can still be a consideration when choosing coins. However, we also need to pay attention to other factors in the project. what about the conditions in the market, the circulating supply, the trading volume, the progress of the project, the solidity of the team to continue paying attention and developing the project. and also what about the demand. If the difference is very large, then you need to reconsider investing in coins like this. However, if supply and demand turn out to be quite ideal, then the potential for continued survival and upward progress will continue to exist.
-
it's true, if a project has a small supply of tokens the token price is usually high, if the supply of tokens is large the price is usually low... but I think it depends on the project, they make the platform grow and can get lots of people using the project, that will create a token market volume This increases so the price also increases, even though the token supply is small but there is no development of the token, the price will be mediocre.
Indeed, from the start of the project, supplies are usually limited or adjusted so that the predetermined price can be achieved.Later, after development is underway, supply will be increased gradually and according to needs.So clearly, you are right. A project with a small supply can get a high price, but everything is returned to the investor and also the developer. Can it run simultaneously because they need each other?So the supply must always be monitored and controlled properly so that it is in accordance with the planned objectives.
-
In fact, a project enters the crypto market with a different token supply. So how important is more or less supply to you? What do you think if there is more supply the token price of the project may be lower. But you should know that a project becomes stronger with more supply and now there are many top altcoins that have more supply.
The supply matters. The amount that is used to begin a project as total supply is not what that matters, but the supply that would be introduced into circulation later. You know bitcoin is having 21 million BTC as the total supply. Let us say that the supply is 210 million BTC. All these does not matters because if the adoption is in the way it is as the new mined coin are reducing at every 210000 blocks, people will still make money as they should because it has a limited supply. But let us say bitcoin do not have a limited supply at all. That the supply will increase by 21 million every 4 years. This will have an inflationary (negative) effect on bitcoin price. Also people will not want to go for it which will further not making the price of bitcoin to increase but tk decrease because people are not investing. People will prefer a limited supply that is fixed or reducing, than for it to be increasing.
-
In fact, a project enters the crypto market with a different token supply. So how important is more or less supply to you? What do you think if there is more supply the token price of the project may be lower. But you should know that a project becomes stronger with more supply and now there are many top altcoins that have more supply.
Supply is very important factor in evaluation of cryptocurrency. The total supply of a coin can affect the price and limited supply can make a coin more valueble over time. I don't think it's the only factor to consider, a coin that has Large supply can still be valuable if it has a strong community and use.
-
In fact, a project enters the crypto market with a different token supply. So how important is more or less supply to you? What do you think if there is more supply the token price of the project may be lower. But you should know that a project becomes stronger with more supply and now there are many top altcoins that have more supply.
Supply is always matter because remember we are aiming in the price increasing of our currency so having so much supply will hinder the value to go higher , so maybe considering to purchase lower supply that might be bringing more price for the said crypto we are holding.
In fact, a project enters the crypto market with a different token supply. So how important is more or less supply to you? What do you think if there is more supply the token price of the project may be lower. But you should know that a project becomes stronger with more supply and now there are many top altcoins that have more supply.
Supply is very important factor in evaluation of cryptocurrency. The total supply of a coin can affect the price and limited supply can make a coin more valueble over time. I don't think it's the only factor to consider, a coin that has Large supply can still be valuable if it has a strong community and use.
indeed and that is also what i said in my post that supply is very important in all matter because look at how many high supply currency that has great increase?
-
But you should know that a project becomes stronger with more supply and now there are many top altcoins that have more supply.
The number of supply for a particular coin or token can matter if the project will eventually make it on the competitive cryptocurrency market but this can greatly affect the price of each individual coin and will not be reflective automatically of the whole platform. We can see that there are some crypto platforms that have immense number of supply but since they have proven their prowess come high and low tides they still command great value. Yet we also see some nice looking projects with less supplies but since the people behind them are only thinking of the short term gains they eventually collapsed and as a result there is no more value at all. In other words, there is no definitely formula here but most of us would always assume that less can be better...just like Bitcoin, of course. The supply side is only one of the many factors that one should look at when evaluating a project most especially a new one which can be on a campaign to attract more support for the whole project. I would concentrate more on the viability of the use-cases, the possible market, the revenue-generating plans and the whole team behind it all.
-
I think that for a coin to grow in price, in addition to supply, there must be good demand for it. That is, the greater the capitalization and the number of purchases of a coin, the more likely it is to increase in price. And if there is only supply, for example, unlimited supply, but no one wants to buy it, then its price will not increase.
-
Not really in my opinion, because whether a coin is successful or not is not only the supply but the community, the movement of value in the market, it could be said that demand must be balanced with supply, it's useless if there's a little supply but there are no takers and vice versa.
-
Not really in my opinion, because whether a coin is successful or not is not only the supply but the community, the movement of value in the market, it could be said that demand must be balanced with supply, it's useless if there's a little supply but there are no takers and vice versa.
In other words, if demand is completely balanced with supply, then the price will practically stand still. And you won’t make much money here. What is important is the increased demand and limited coin for growth, then the price for it will rise and we will earn money.
-
Not really in my opinion, because whether a coin is successful or not is not only the supply but the community, the movement of value in the market, it could be said that demand must be balanced with supply, it's useless if there's a little supply but there are no takers and vice versa.
In other words, if demand is completely balanced with supply, then the price will practically stand still. And you won’t make much money here. What is important is the increased demand and limited coin for growth, then the price for it will rise and we will earn money.
If you've been here on this market for a while then i could say that supply wont matter that much. Why? If you've seen those projects like memecoins which does have that trillions or quadrillion
supply is that they do able to raise up their price. Why? When the community would really be driven out such coin or project then nothing is impossible on which those coins value
will really be going off the charts or something that they wouldnt really be anticipating just because they do based up on something that sticking into those technical approach
on which it isnt bad because sticking on being realistic then this is where it would be sitting but well we do know on how this market could give out those kind of non anticipated things
that could really happen.
-
In fact, a project enters the crypto market with a different token supply. So how important is more or less supply to you? What do you think if there is more supply the token price of the project may be lower. But you should know that a project becomes stronger with more supply and now there are many top altcoins that have more supply.
OP, I have come to realise that most of these altcoin that does well are meme coin and their supply are very much in billions but projects with utility value does not really have that strong price force if their tokens are in billions. It can only gain attention if there is likely a token burn or lock for a very long period of time as the case may be. This has been my long observations about memes and projects with such numerous number of tokens in their billions.
-
In fact, a project enters the crypto market with a different token supply. So how important is more or less supply to you? What do you think if there is more supply the token price of the project may be lower. But you should know that a project becomes stronger with more supply and now there are many top altcoins that have more supply.
What makes you say that a project becomes stronger if it has a higher supply? Do you not find Bitcoin strong? It doesn't have a large supply, which coin are you referring to as an example for this?
For me, it depends on how many coins/tokens will get into circulation, and it does make a difference in the circulating supply of a coin/token is very high because it means more of it available for people thus a lower price value and it is a proven fact that when there is more demand and less supply, the asset becomes more valuable, but even if there is high demand but also high supply, the demand wouldn't affect the value much.
-
The main thing is the market capitalization so try to check it before considering token supply as main thing. You should try to know that what are the advantages of such token and also read about the team member that are they real or scammers.
If there is limited supply then price will be higher but first people will always check market cap so don't follow price and trend but first get knowledge and then see towards the success rate after which you can easily do what you wants.
-
I don't care how many billions of tokens the total supply of a project is, I only care about a few issues:
- How many % of tokens are in circulation?
- What is the market capitalization of token?
- How many % of tokens does the project team and partners hold?
- What is the plan to unlock and burn tokens?
- Tokenomics: use case of tokens.
Total supply is just a number, and we have seen many projects burn 99% of total supply but the capitalization is still just under $100K. Don't be distracted by unimportant things.
Those questions will surely help us understand give us fair chances of getting the best projects available around. That may also serve as a guide for most of us or newbies who are just who really need it. I do use this technique to be honest and it narrows me down into one profitable coin I have way back in 2017 so for me it's really that effective.
-
In fact, a project enters the crypto market with a different token supply. So how important is more or less supply to you? What do you think if there is more supply the token price of the project may be lower. But you should know that a project becomes stronger with more supply and now there are many top altcoins that have more supply.
For new coins, of course yes.
Supply is one of the things that really influences me in deciding whether I want to invest in this coin or not. Not only that, if the coin has entered the public market, I personally will still think about it as a consideration. Of course, when it enters the market, it will be even better.
However, on the other hand, I will also continue to consider it, apart from other considerations such as coin movements in the market, trading volume, including the required demand. If the demand was much greater and the movement of the coin in the market was strong enough, then this might not be so bad. especially if the foundation and fundamentals of the coin are indeed a real use case and strong. This is another factor to consider.
-
Not really in my opinion, because whether a coin is successful or not is not only the supply but the community, the movement of value in the market, it could be said that demand must be balanced with supply, it's useless if there's a little supply but there are no takers and vice versa.
Whether the community is as as strong like wind, supply is very important. Even if the coin doesn't dump on that particular time, there will come a time when people that has millions of the coin will dump the market and it's going to be difficult to reach the previous all time high, take a look at doge, Shiba and many many meme coins.
Supply are very important for growth of tokens, this is why even the teams does lock up some supply when the coin is listed even if the coins a meme coin with a strong support, no matter what if they release the team coins, the foundation coins and some other strategic coins into the market, the coin will die immediately.
-
In fact, a project enters the crypto market with a different token supply. So how important is more or less supply to you?
that is how they are lure potential victim , fooling them either they have low supply for possible higher price.
or they have large supply to make them looks legit but in the end? they are both scammer.
What do you think if there is more supply the token price of the project may be lower.
they can burn anytime to make the value higher so it doesnt really matter but the intention of the team is what important here.
But you should know that a project becomes stronger with more supply and now there are many top altcoins that have more supply.
wrong ,more or less supply will become stronger depending in the plans and team.
-
Of course supply matters.This is because token distribution will suffer if there is not enough supply.Moreover, it should also be noted that the tokens are active or not.However, sometimes when the supply becomes high, the price of the token goes down. This also runs into a problem.But more important is whether there is enough supply to be distributed equally among all.If there is no supply, tokens cannot be distributed and problems will arise. Moreover, supply and demand influence each other.If the supply is relatively low, it is natural that the price of the token will be high.Again, if the supply is high, the price of the token will be low.Considering the supply definitely matters because many times many token scams come out that cause a lot of losses to many.
-
If the demand for a product in the market is very high and against the demand, if the total supply of the product is very less, then the price of that product will continue to increase, but if the opposite happens in the case of that product, then both the price and the demand of the product will decrease. Total supply plays a very important role in the success of any coin. If the token supply is too high, there are many investors who refrain from investing in these projects because they feel that if they do, the market will not have much value just because of the oversupply. A coin's total supply gives us a rough idea of what the coin's price might be in the future.
-
The supply must be directly proportional to the potential of the platform. If a platform launches too many tokens, but is not accompanied by improvements in services, the potential of the platform, good use cases, and investor demand, then the large supply of tokens will be wasted and may not be very valuable for investors. So the supply really matters that much to investors, because it relates to the value of the platform itself.
-
It can't be denied that token supply will influence the price of the crypto. Even that it is the total supply or even the circulating supply. But, if the token supply is too much, while the circulating supply is only a little, and what's more, the demand is not that much, then this will have a big impact on the progress of the coin or token in the market. And it might be quite difficult to survive in a market with conditions like this.
So, if we really need to make sure you analyze the token supply, circulating supply and demand before deciding to invest. Rather than later we will regret our hasty decisions without prior analysis.
-
In fact, a project enters the crypto market with a different token supply. So how important is more or less supply to you? What do you think if there is more supply the token price of the project may be lower. But you should know that a project becomes stronger with more supply and now there are many top altcoins that have more supply.
I think supply is very important for a project to be popular and moving forward. Projects with more supply often grow more due to popularity but always remember that a coin with more supply always creates a good position, but not only if supply is less, if you can list it on a better exchange then that coin will be very popular and people will buy that coin. will be attracted and the price will increase. I've seen many projects that have a lot of supply but their project prices have skyrocketed due to being listed on good exchanges. Here only because they listed on good exchange their projects became popular and prices increased. So I think even if supply is not that important, listing on a good exchange is very important and it's more effective in increasing the price.
-
In fact, a project enters the crypto market with a different token supply. So how important is more or less supply to you? What do you think if there is more supply the token price of the project may be lower. But you should know that a project becomes stronger with more supply and now there are many top altcoins that have more supply.
I think the developer of the project becomes the main factor for the success of the project. So, mostly I choose the coins/tokens because of the quality of the developers or teams. We know their quality from their track records, their plans to develop the projects, and the partnerships. The supply may have an impact but it is not very crucial as the quality of the developers or the teams. I see Dogecoin even has almost unlimited supply but it can be one of the top coins. So, the supply has no big effect here.
-
I think supply is very important for a project to be popular and moving forward. Projects with more supply often grow more due to popularity but always remember that a coin with more supply always creates a good position, but not only if supply is less, if you can list it on a better exchange then that coin will be very popular and people will buy that coin. will be attracted and the price will increase. I've seen many projects that have a lot of supply but their project prices have skyrocketed due to being listed on good exchanges. Here only because they listed on good exchange their projects became popular and prices increased. So I think even if supply is not that important, listing on a good exchange is very important and it's more effective in increasing the price.
Listing on a Tier 1 exchange is very important and will trigger a coin to be bullish because the hype keeps coming.
See how PEPE Coin went crazy after listing on binance, this made the community and people more trusting to buy memecoin even though the supply is very much.
But it's not just about supply, the Exchange will prioritize a coin with a high trading volume, and that is already hype before entering the exchange,
because the Exchange also targets profits from transactions made.
So it's not just about supply, but many other factors that make a project successful and can be listed on the top exchanges.
-
In fact, a project enters the crypto market with a different token supply. So how important is more or less supply to you? What do you think if there is more supply the token price of the project may be lower. But you should know that a project becomes stronger with more supply and now there are many top altcoins that have more supply.
Yes, supply is indeed very important to me, think about it there are shortage of a product, the price will go up and when there's an oversupply it drops down. The principle of everything from smart mobile to chocolate bars to oil. It's not about goods and services everyday, supply can also cause a big stuff like inflation, economic growth and employment.
-
The speed of the roadmap and its steps to the realization of the project in development is a key factor. The quantity can be very small, but if the price is high, it still keeps the project active and popular.