Im not a fan of billion token supply with a high pump like that.. Newbies will jump when they see something new like that going top 10. But for me i will stay away from that pump high. Not often to see any token with a billion supply with a price $5 currently now.. Hard to see.. this might be something but im rather to wait then to lose in high.
If that looks so promising, why not? Of course, I have to jump through because I know that I can make gain from investing them. Though market supply will affect the price, however, we don't just keep this as a reason that there is no way we go higher but have to keep at a low market price.
What it happens to Polkadot is really impressive but I doubt its consistency, it may be after this huge pump, a dump will strike. It is good for those who it during its early stage of market development but if we are planning to buy this time, I don't think so and I don't recommend it to others. It is to believe that DOT is also a victim of the pump and dump scheme, we never know more about this coin and consider out of potentials that it becomes unbelievable how it surge that quick.