It is possible. The value of a coin does not depend on its supply. Whether the coin is low or high in supply does no matter much. What matters is that it has the demand. And for the demand to be there, there must be a certain quality of such coin.
But for now, what is clear is that there is no cryptocurrency, much less altcoin, of such feature which has achieved a billion dollar market cap. And I think it will hardly happen to any altcoin considering that Bitcoin is always playing the dominant role in the overall crypto scene.
Topic: Is it possible for a Billion max supply capped altcoin to reach $100? - page 3. (Read 432 times)
January 25, 2021, 08:53:43 AM
January 25, 2021, 08:39:56 AM
It has not happened with altcoins yet but I think it's possible for an altcoins with billions of supply to reach $100 in value.
However, that will take a lot of time as we definitely are talking of big success already.
AFAIR, XRP is one of the altcoins with a huge supply and it has only manage to reach $4 or more as its ATH.
However, that will take a lot of time as we definitely are talking of big success already.
AFAIR, XRP is one of the altcoins with a huge supply and it has only manage to reach $4 or more as its ATH.
January 25, 2021, 08:35:50 AM
Is possible, I think your assumption is wrong about Bitcoin, if Bitcoin has 1Billion coins and the fundamentals is as strong as we have now, it will have the current market cap or more. I still do not understand why people feel having many tokens will help the price or the project. If we are to see the first tokens with 1 billion max supply, the project is likely going to be Polkadot.
January 25, 2021, 07:41:00 AM
The coin have to be the most favoured by rich organizations, high institutions, whales, developers and every other humans, that max supply is way too much and it's not recommendable, low max supply is just better
January 25, 2021, 07:40:38 AM
XRP has 100 billion max supply and it value is 0.27$, every other coins that have huge max supply like this find it hard to reach even 10 cents, majority are at 0.005$ or even less, that is if they have fair good use case, if Bitcoin have 100 billion max supply it will be more than 100$ today
Remember the peak price of XRP was around $3 with 100 billions supply and that means if when ripple achieved $3 and total fully diluted marketcap was around $300 billion USD.nothing impossible in crypto but the question is which coin that will be possible to achieved it.
January 25, 2021, 07:21:12 AM
Maybe it’s possible if some huge whales decide to artificially pump the price but I doubt in the short to medium term future an alt with such a huge max supply can naturally reach $100.
January 25, 2021, 07:09:01 AM
XRP has 100 billion max supply and it value is 0.27$, every other coins that have huge max supply like this find it hard to reach even 10 cents, majority are at 0.005$ or even less, that is if they have fair good use case, if Bitcoin have 100 billion max supply it will be more than 100$ today
January 25, 2021, 07:07:30 AM
Its only possible if many people in different country support a single project. This year is the first time we reach 1 trillion marketcap so its still impossible for any other altcoin to reach it even bitcoin itself is not yet reach the 1trillion marketcap alone, maybe in the future we can see it but for now its not possible yet even how popular the project is .
January 25, 2021, 06:54:13 AM
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?
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?
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