Can Total Max supply of crypto project affect the price?

[Review Master]

Max supply is a fundamental thing which also have more impact on the price of a token or coin. For example, dogecoin is just a meme coin which has infinite supply and it doesn't have any real use cases. Though it's pumped by Elon Musk's tweets , but it won't sustain in the long run.

[sergeybobrov]

It still depends on what price the project will start at.  I think that everything will be pumped in the growing market, the main thing is that the project seems promising and investors believe in it.

[robert20]

The price of a coin generally more depended on the overall strength, reliability and authenticity of the the project. A fake project with small supply cannot beat  real project with hig supply. But if a coin has small supply and strong project but the price is low then it is a great moment for investment.

[pealr12]

It is possible the supply of a project can affect the price, Reason why those project with small supply mostly out perform the once with big supply,  although this does not apply in all cases, I personally to like investing on projects with huge supply because I feel the price will not be able to appreciate properly.

[Gubre]

Yeah.  Honestly this is very logical and some of the projects were not being honest because they secretly sold their coins not prior to their promised to the community. In this case the value of coins might drop this is how a project become more successful due to the small amount of coins.

[Beattysuhita]

Of course, the Maximum Supply greatly affects the price of the coin or token, if coins or tokens are equally good, of course those that have a small supply will increase the price faster than coins or coins that have a large supply.

[MrSpasybo]

We all acknowledge that the price of a token depends on the law of supply/demand in market, and scarcity can reduce selling pressure, while at the same time token price increases.
As such, the total supply affects the token price, precisely the volatility of the token price.
If the total supply is too low like YFI (37K), we see that the price of YFI can easily be pushed up to $45K and then to $8.5K in a short time.
If the total supply is too high like DOGE (128B), if there is no strong support from the community, the DOGE 1 cent increase is also difficult because it means that $1.28B is needed to enter the DOGE market.
Therefore, many projects have used token burning to reduce the total supply to half of the original total supply like BNB or reduce until the community agrees. This has a short-term impact, but in the long run, there won't be enough tokens for the community to use.

Consider Ethereum's case, we now admit that the total supply of Ethereum is infinite, however this does not hinder the development of ETH price, it even makes ETH closer to fiat. As long as ETH's inflation rate is lower than fiat's, ETH price will continue to rise, in addition staking & EIP-1559 will increase scarcity and ensure ETH price is stabler.

[Fivestar4everMVP]

Well, for me, right from time, I've always paid less attention to coins or tokens with large supply like total supplies running into tens of billion and hundreds of billions, this is the reason I've never bought xrp and doge, cus I've always felt they will never go up and much cus they have a lot of coins in circulation, though this two coins I mentioned have been doing quite well lately, I guess this is because they are already very popular and it's been shilled by some top ranked individuals.
But the ones that are not popular yet always find it hard to go up cus of too many coins in circulation.

[Mexite]

While the total supply can impact the price per token of any project, I believe the strategies of the project and the pain it's solving can still do wonders for tokens which are minted in billions. Token scarcity, blockchain use case, etc can help propel the price of a token. For example, the TS of UNI is 1 billion, though only about a third is in circulation, but the price is still high at that.

[Fakhrulenclix]

Total supply is affect for sure,  but of course not only total supply, so many factors behind the price of a coin. You will see coins with same total supply but the price is different..

I don't care about the total supply of coin, I just care about the community because in my opinion, this is so important

[Quart]

Yes, commonly, high total supply will really influence the price. Moreover, if it is a new project, it may influence the price dumps so easily. although it depends on each project, this really doesn't have good ideas of a lower or higher price.  I am also sometimes shocks with this

[sidik7]

supply is very influential on the value of a project especially with a small supply that can have a pretty good impact on future project value. its just balanced with the proggress of the project and a clear roadmap.

[Prime]

Yep, total max supply can give impact on the price of the tokens. So, a crypto project should consider many things before deciding a max supply of a coin. Don't have too many supply because it will lower the price of the tokens. Many current crypto projects have very small numbers of total supply, so the price can be expensive.

[ayatoslaw]

The maximum supply is one of the fundamentals of the project, in general, the maximum supply will affect the price of the coin, but in particular it is not, because the increase or not the coin price is influenced by many factors, not only the maximum supply, but there are others such as products, exchanges, marketing etc.

[Ghozrd]

Yeah.  Honestly this is very logical and some of the projects were not being honest because they secretly sold their coins not prior to their promised to the community. In this case the value of coins might drop this is how a project become more successful due to the small amount of coins.

I agree with your thinking, in general the amount of supply will be burned to increase the price and supply to the project members will be reduced to increase the price, I have seen how Binance does it every 3 months, currently the price of 1 bnb is almost touching the price of $150 and this is good decision when the project is good and the number of coins is getting less, the price will continue to increase