Can Total Max supply of crypto project affect the price?

[Delgboke]

I have heard people complain about some crypto currency project with a high Max supply let's look at the cryptocurrency project with $3.1 000,000,000 how long do think could the price take to moon in this present time of Defi, while project with low Max supply are the ones the price is mooning without much struggles.whats your thought on this?

[Jaguar]

It depends to the project strategy. There are coins with billions of token supply and yet hit the price of $0.1 or higher. Burning of tokens is a factor to make the value higher and have some more profit. The more the lesser the supply the more it will become expensive.

[Andruha1993]

I think it can. Because there will be correspondingly more investors and they will sell everything after listing on exchanges and the price will fall. This is my personal opinion.

[Freemind]

Of course it affects the prices, the project teams that can burn tokens/coins will always have more users and also more investors because they know that their investment will increase as less quantity is available. If we add an ambitious project and a team that knows how to work, we may have another great project ahead if we combine it with a reduced supply (total supply) and a high demand from investors.

[KryptoBull]

I believe that if the total supply is too large, the token price will not be able to have strong growth in the future. Conversely, if the total supply is too low like YFI, many people will not be able to access the project's token.
That is why many projects often use a token burning solution to reduce the supply to a certain amount like BNB. The total supply really has a big impact on the token price.

[flyaccount]

Of course it will be very influential. If indeed the max supply is reached, I am sure the price will also go down because there are more and more people in circulation and so they are no longer being sought.

[Karsum]

I think every project must be equipped with a strong and trusted blockchain so that the currency generated by the project can compete and survive in the market
which we all know how tough the competition in the cryptocurrency world is today

[Ghozrd]

The amount of supply and the initial price of tokens will certainly be the determinants for further price increases, if we look at the achievement of ATH, not all tokens or kpins will be priced at the market price, because we will see the number of tokens or coins in circulation and the rest will still be calculated, but if if the remaining supply is released, there will be a price reduction / dump

[Alcor]

The amount of supply and the initial price of tokens will certainly be the determinants for further price increases, if we look at the achievement of ATH, not all tokens or kpins will be priced at the market price, because we will see the number of tokens or coins in circulation and the rest will still be calculated, but if if the remaining supply is released, there will be a price reduction / dump

Much depends primarily on the novelty and quality of the project itself. If the project is interesting for investors, then the price of its coin or token can skyrocket, regardless of the amount of cryptocurrency issued. Of course, with a large number of tokens, this is much more difficult to do, and this is undeniable.

[gurunanakji777]

In the top 20 coins we can see some coins with billions of supply and they are the top choices of several investors and traders and their value is rising because of their potential but yes, we can say we can not expect a huge spike in high supply coins. On the other hand, if we see some Defi coins with a low supply their value is quite high as compared to a high supply of coins. 

[tervel]

High supply, Low price. The only way to make sure that there are less market manipulations is by educating. I am hoping that with this tool more people will start looking at normalised prices and know when they are buying.

[TomPluz]

Generally speaking, the amount of supply for the coin or token can be determining a lot its price so if you are dealing with a project with a big supply then you need to buy more so that when the price can be moving upwards you can gain much. Some projects started with big supply and then they strategically use burning to slowly shrink the number of coins available and this alone can push the price upwards, though not at all times because we also have to consider the many other factors present within the project

[Freemind]

Of course, the total supply affects the price of each coin/token of a project, especially if the project does not work at all well (in economic terms). When a project is not performing well financially, and you have hundreds of millions of coins/tokens that dilute the value alarmingly, the best you can do is burn them. Very few projects do, but projects that do, not only see an improvement in the value of each unit, but also gain the trust of holders and future investors.

[Galley]

It seems to me that the number of coins with a high maximum supply can significantly affect the work of the project, although it is not a fact that this will necessarily happen. It all depends on the project itself. There were examples of this when the development of a project went very well with a very large proposal.

[zilzylian]

Of course, the amount of supply will affect the price of the coin, but never compare it to older coins like BTC and Doge, they both have different amounts of supply and will of course have different prices.
The new projects currently seem to have quite a large supply, I can't name them individually, but they are well priced provided that some coins are locked and cannot be circulated to increase the price of the coins.