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Topic: Is it possible for a Billion max supply capped altcoin to reach $100? - page 2. (Read 443 times)

member
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It all depends on how vesting those tokens were put on lock. It's highly possible and such price can be achieve if they release some amount token in circulation.
Mathematically, economics has shown us that the higher the demand with a low supply will increase the price of a particular item. I believe such way may work with that Altcoin.
Another thing is manipulation, whales can try to shill, influence others. If the all exchange especially the top 10 can list such token, it may even exceed your target.
legendary
Activity: 2422
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A coin or token with a billion supply and they are all in circulation will hardly reach $10 usd before we start to talk of $100 usd, I've always checked this on coinmarketcap and I discovered it that coins with billion or billions in supply will need a lot of support from the community before it can even cross $1 usd, they do grow much in market capitalization but actual price of the coin or token is always not very great, coins and tokens with lower maximum supply tends to grow better in actual price as the market capitalization grows.
hero member
Activity: 3024
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Possible but unlikely. I don't want to give hope to those coins that have billions of supplies in circulation. 2 digits in price is possible but having 3 digits is extraordinary.
There's no such altcoin that has with that total supply that I've seen that have met $100 in price.
hero member
Activity: 1302
Merit: 532
Can a altcoin with a billion max supply reach $100 each?

Has any alts in history with a billion or billion+ but no more than a trillion coins reach $100 each?
To assume that an altcoin with billion or trillion of coins in circulation could reach a valuation of $100 is wishful thinking, anyone can create a coin and it is not that hard as it is an open source project and all you need to do is edit some things out but that will not make the coin valuable. There were coins in the past that were created for fun and later became popular.

You can dream about making a huge profit in the cryptocurrency market but there is a limit for wishful thinking  Tongue.
hero member
Activity: 2800
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Its possible. ETH has an infinite supply, its how difficult it can be acquired and its token use-case can make its demand that will result in price to go up. Its not just ETH but also Monero. If the max supply however is already in circulation like how TRON is, it's probably too good to happen in the next 100 years unless the entire population in the world uses cryptocurrency already.
member
Activity: 784
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It has never happened before and it never going to happen because for a coin with billion max supply to cost at 100$ per coin requires alot and the market cap will be 1 trillion dollars worth, that is impossible right now
legendary
Activity: 2996
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Bitcoin has max 21 million coins, this low amount gives it that fundamental value.

Can a altcoin with a billion max supply reach $100 each?

Has any alts in history with a billion or billion+ but no more than a trillion coins reach $100 each?
Well, technically speaking it is not about how many there is of a coin, price of it obviously gets affected but it is about how much people are willing to pay for it. So let's assume there is a project with 1 billion max supply, and all of it was mined as well, it could be under 1 cent, it could be over 100 dollars, it all depends on how much people are willing to pay for it.

So far we never had 1+ billion one with 100 dollars because that would mean 100 billion marketcap and only coin that broke over that is bitcoin I think, maybe eth did too I am not sure but I do not think so.

This is why there hasn't been any coin with 100+ billion dollar market cap let alone any other specific requirement aside from bitcoin which has 21 million max supply. This is why I think it would be hard, but technically speaking what makes a coin worth something is not only the supply, there are other things.
sr. member
Activity: 882
Merit: 269
It depends in the use case and roadmap of the project I think. We all know that if a coin has a billion volume it will be hard to go up, as long as the value is too large the lesser value it would have. Law of supply and demand, if the coin has a lot of supply but low demand it will not reach 1usd o even 0.5cents, but then if it is highly hype and has a good reputation people and many whales will buy it regardless of the volume but this is kinda impossible. Coins with lower volume tend to be pump easily of course.
member
Activity: 789
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Has any alts in history with a billion or billion+ but no more than a trillion coins reach $100 each?
I haven't found it yet, it looks like the average coin that has a supply above one billion can only reach a price of $ 10, which can be said to be very rare. It takes a mature strategy to be able to create this, and also needs a dominant (a brilliant offer that can attract investors). But it is possible there will be in the future.
member
Activity: 756
Merit: 14
It is very possible but there isn't any coin with such max supply and trading at 100$ per coin yet, such coin must be well adopted and highly demanding too, no altcoin is this capable today unfortunately, only XRP have such massive max supply and still have good value
member
Activity: 248
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hallo world ^_^
yes, of course impossible and absurd. if a coin has a total supply of 100,000,000,000, and the price touches $ 100, that means the total market cap is $ 1,000,000,000,000, a really fantastic number for a coin. while the total crypto market cap is now $ 1,012,776,538,810 (1/25/2021). but maybe it can happen, unlike conventional currencies, crypto is unique, if we ask our predecessors to buy something that has no physical form for $ 30000, surely the answer is no, and in crypto it can happen. My conclusion may be possible, but it will take a long time and of course very difficult (CMIIW)
full member
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Bitcoin has max 21 million coins, this low amount gives it that fundamental value.

Can a altcoin with a billion max supply reach $100 each?

Has any alts in history with a billion or billion+ but no more than a trillion coins reach $100 each?

of course that can happen if demand for the coin is higher than supply, I take an example using coin X :
demand for coin X is higher than supply, because demand for coin X is 2 billion and supply for coin X is 1 billion, and that makes the price for buy order of coin X will continue to increase, so that the price of coin X can increase very high.

therefore in my opinion, demand for coin is the most important thing to make the price can increase very high (reach $100) and max supply does not affect for the price can increase very high or not.
legendary
Activity: 1946
Merit: 1137
price of anything depends on supply and demand BUT only the circulating supply is important. circulating supply is a supply that can be accessed by anyone and not just be locked up somewhere in one person's (aka the creator's) wallet.

to answer your question, if the "circulating supply" of an altcoin is 1 billion then it is highly unlikely that the said altcoin's value goes above $1, and if it does it would be considered a bubble even if it stays there. $100 could be considered impossible.

if the "circulating supply" is small but the "fake supply" is 1 billion then the real value should be speculated based on that real circulating supply.
for example XRP has fake 1 billion supply while only a smaller percentage of it is actually in circulation instead of being locked up in Ripple foundation pockets. but since the circulating supply is also big and also because the coin is useless its price never really goes up. hence the always low but still among top 10 altcoin's market cap.

but it would be trivial to create an altcoin with 1 billion fake supply where the owner locks up 999.999 million and only releases a tiny portion in circulation and get a very high price and high market cap.
member
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The highest supply that I would advice any new project developers to stick with is 1 billion,, anything more than this isn't good I believe, the project have to be extremely good for such coin to have better value, it's all about the adoption, it's what will drive the marketcap higher
sr. member
Activity: 1036
Merit: 329
If everyone used and adopt altcoins then its possible since everything is possible in cryptomarket but of course its hard to know when it will happen. Just look at the XRP, its one of the top altcoins with a billion supply and yet its price is very cheap, so I guess we are far from this one. I just can't imagine the value of money if that things happen, whales are only hope for this.

Don't forget that Ada also have billion supply which is also in the top 10 altcoin it can be possible for XRP to reach 10$ but for 100$ they need more buyers for it so they can maintain the price . its only possible If its fully adopted as currency in different country and many people use it normally as currency that they can use it even for  simple buying  things  in groceries or any other department store that they can use XRP as normal currency,the demand should be higher compared to its supply just to make it possible. until now we don't see that to happen but maybe someday.
sr. member
Activity: 1190
Merit: 256
Altcoins with 100 billion max supply are always valued around maybe $0.02 or so, I doubt if any altcoin with such max supply will be able to achieve that height even if it is backed by a huge financial institution, Ripple has over 100 billion max supply and even with the great support or large community it has, the highest price it could achieve was about $3, it needs more $97 before it can get to $100,the funny part is that even at $3 alot people thought Ripple was over priced, I don't know if any altcoin will be able to achieve this but the chances of this happening are slim.
sr. member
Activity: 2422
Merit: 357
If everyone used and adopt altcoins then its possible since everything is possible in cryptomarket but of course its hard to know when it will happen. Just look at the XRP, its one of the top altcoins with a billion supply and yet its price is very cheap, so I guess we are far from this one. I just can't imagine the value of money if that things happen, whales are only hope for this.
legendary
Activity: 1820
Merit: 1207
None.

AFAIK the highest price with 1 billion max supply is only reaching $25.65 from Chainlink (LINK) possible it will reach $100 if the circulation supply is already 750-800 million (currently 402,509,556 LINK).
member
Activity: 182
Merit: 10
I've not seen such before but I believe it's possible because the value  of a coin have nothing to do with total max supply, just imagine if Bitcoin has billion max supply are you saying it's impossible for Bitcoin to be trading more than 100$ today? Value comes from real demand
hero member
Activity: 2926
Merit: 795
Theoretically yes but it's impossible to happened in actual because holders of that token will start to FOMO before it reach that price level. It's impossible too for a project to price there coin to 100$ for a billion supply during there ICO.

I said theoretically possible because a project can list the coin on DEX while they only sold a very small portion of the supply to the public giving them the total control of the price.
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