I don't get the hype around this token. As others have pointed out, there are already coins/tokens with very low supplies like NanoX with a total supply of 1.088 and 0.078 in circulation. So even though one NanoX is "worth" $71,500 USD, it has a market cap of $5595 and only $248 in volume in the past 24 hrs. Meanwhile Dogecoin has almost 112 billion coins in circulation with a market cap of $127 million and a 24 hr volume of $4 million.
So I guess what I'm asking is won't most people recognize that an absurdly low supply serves no purpose other than to attempt to earn money for the lucky few who got in on it right away? What's the motivation for anyone else to pay any significant amount of money for a fraction of half a token?
So I guess what I'm asking is won't most people recognize that an absurdly low supply serves no purpose other than to attempt to earn money for the lucky few who got in on it right away? What's the motivation for anyone else to pay any significant amount of money for a fraction of half a token?
Difference between SUB1X and other low supply tokens is that it actually provides long term value to investors in the form of masternodes. 42coin and NanoX provide no utility whereas SUB1X will provide many features like MN as well as zerocoin protocol.
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