What is the future of the Altcoins that have less than 1(one) satoshi as value

valter_dego

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Quote from: jerrison on May 04, 2019, 04:44:47 PM

We already know loads of tokens that come to the market with their values way less than 1 satoshi as their market value most especially tokens that exist under the ethereum framework. am talking about tokens like Tourist Token (TOTO).
https://coinmarketcap.com/currencies/tourist-token/

What is their fate in the crypto space.?

Many altcoins in future will disappear or remain only in wallets of users, because they will be removed from exchanges. And perhaps there will be people who will collect such coins.

Convery

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Price doesn´t mean anything. You need to watch market cappitalization and trading volume.
With low trading value comes 0 liquidity and the chance to survive is small.

dotcoin.info

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Quote from: chenille on May 04, 2019, 04:57:16 PM

Quote from: jerrison on May 04, 2019, 04:44:47 PM

We already know loads of tokens that come to the market with their values way less than 1 satoshi as their market value most especially tokens that exist under the ethereum framework. am talking about tokens like Tourist Token (TOTO).
https://coinmarketcap.com/currencies/tourist-token/

What is their fate in the crypto space.?

The price of a token means nothing. For getting an accurate impression if the token is undervalued or overvalued, the total supply of a coin / token has to be considered in addition to the price. If there is a huge supply of coins or tokens created, the price will be lower per coin. Let's take BTC and EOS a an example:

For BTC the total supply is 21,000,000.
For EOS the total supply is 1,044,419,959 EOS.

So, there are much more EOS in total created that BTC. Important is the scarcity of an asset and the lower number of all total created BTC makes every BTC more scarce compared to EOS. To calculate the marketcap you need to take supply*current price.

For your coin it means: the total supply is very high (7,500,000,000) and that makes a low price very meaningless.

I agree with the calculation over here and the comment made.
The current price has very little to do; the current supply has more part in it. The more the coins present, the lesser will be the value and vice versa.

Xclusive5

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If a coin is under 1 sat and the coin still have huge trading volume in 24 hours then one can say the coin still have future. But if the coin doesn't have volume then its total write off and one should sell off such coin if its possible to sell it.

tk808

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eaLiTy

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Quote from: cupruri on June 26, 2019, 12:41:10 PM

They have potential to raise, because they obviously cannot fall anymore. A good example is the FREE coin that is boosting from time to time and is worth more than several satoshis, so you can easily make profit from such coins.

It is just a fools errand to dream that those stagnated projects will have a life again, it cannot fall further than one satoshi but it will go beyond that either and you can find many projects like that in the market and once these coins are removed from the few exchanges it is listed, then it will be the end of the road, i am sure those coins will be having zero trading volume and eventually the exchange will delist those coins, before that sell those if not you will be holding those coins forever.

bvg96634

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If the value of the coin is less than one Satoshi than it’s future doesn’t seem a lot bright, You see people won’t be interested in investing in it.The coins/tokens in the tourist list have extremely low prices; their survival seems very much unlikely because I don’t see people investing in it, or even looking at them.

drumamat

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Quote from: jerrison on May 04, 2019, 04:44:47 PM

We already know loads of tokens that come to the market with their values way less than 1 satoshi as their market value most especially tokens that exist under the ethereum framework. am talking about tokens like Tourist Token (TOTO).
https://coinmarketcap.com/currencies/tourist-token/

What is their fate in the crypto space.?

We cannot say exactly what will happen to this or that token.There are many reasons for this.If the project team develops and, most importantly, their token will be in demand,then such tokens will definitely not disappear.Regarding Toto token, I see a trend that the ROI level is -87%.Also they do not work the website.Most likely this project has no future.

Ayiranorea

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Very few number of tokens that are less than a Satoshi value has the chance of growing high, yet the same isn't a confirmed growth. With this I remember xrp which was just 0.005$ around 2013, for a long time period the price was almost the same. Now this was among the top five cryptocurrencies available. It is upon the development, and we can't judge any coin upon the value. If the project or the team isn't initiating any more development then the respective tokens get delisted and goes worth nothing.

sana54210

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Quote from: Lawrenzoo on June 25, 2019, 07:01:09 AM

Quote from: jerrison on May 04, 2019, 04:44:47 PM

We already know loads of tokens that come to the market with their values way less than 1 satoshi as their market value most especially tokens that exist under the ethereum framework. am talking about tokens like Tourist Token (TOTO).
https://coinmarketcap.com/currencies/tourist-token/

What is their fate in the crypto space.?

When last did i come across coins like this, i never knew they still existed

We have so many of them in the market, and Most of those coins that are less that 1 satoshi are more or less like a dead living coin because they have no usefulness anymore, there is no much volume for them , and investors are not paying attentions to them any longer. I guess the developers must have personally even given up on those projects already.

What usually prompt some of us to look at those coins sometimes is because we feel they are cheap, and we believe they could turn out to grow very high in future, their mentality should be erased from our mind, some of these projects are dead and gone already, we need to start focusing more on coins that are stull function within the top 50 coins in the market cap.

cytpoway121

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With the recent price upward spike
I doubt such tokens will survive; you can dyor and find out more per each token
But chances are altcoins will dump first; as the bull run commences

I Like Bitcoin

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Many of these coins will simply disappear from the crypto market, but some coins, which have a very low price now, will, over time, bring to their investors a very large profit.

Cacingkemi

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Their fate is only silent and difficult to rise unless they have a solid team that will grow prices and enlarge the community of tokens or ALT, there are so many yeah still survive to this day in some ALT but regarding ERC20 tokens I'm not sure they under 1 sats will last until 10 next year if there is no breakthrough or new plan.

cupruri

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They have potential to raise, because they obviously cannot fall anymore. A good example is the FREE coin that is boosting from time to time and is worth more than several satoshis, so you can easily make profit from such coins.

Xardasim

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There is a lot of money in the market in this price, but which one is worthy of that price is more important. Because there are some, even though the value should be 100-200x higher than this price, but those who want to buy in different opinion.

Karlinz

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Every project I'm the market has its price tag and as long as it is being traded it will have a certain amount of value, though it may be difficult to find it traded on the btc pair because of the Satoshi value but etherium will provide a good pair due to the gwei is of lower value that sats on a scale of 1:1

Samboo

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I think not every project gets to the top all of a sudden. I mean a project needs time to grow and you cannot expect it to grow overnight and give you much profits on your investment. If a crypto project is priced below 1 Satoshi, it would go up gradually and will perform well in the crypto market and the people accept it. Do not worry if the project is good, it will gradually develop.

jessyj48

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Few of them are good and many are just bad ,this coins have one thing in common e.g too many max supply from 100 to 200 billion max supply so if the project is not a very strong one it will be trading for 1sat and if its a bad project it will go down under 1sat, only bullrun or pumps can make these coins surge in price up to 20 or 30sat as per last 2017 bullrun experience

CLywaTeLb

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Of course, now the buy of such coins is not a good solution. Now there are P & D coins. When Bitcoin is next to its ATH, there will be much more coins with pump. By that time, it will be seen which of these coins are still alive and can be pumped. It will be a good time to risk some of these cheap coins in order to profit from the pump.

Nivia1st

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Quote from: jerrison on May 04, 2019, 04:44:47 PM

We already know loads of tokens that come to the market with their values way less than 1 satoshi as their market value most especially tokens that exist under the ethereum framework. am talking about tokens like Tourist Token (TOTO).
https://coinmarketcap.com/currencies/tourist-token/

What is their fate in the crypto space.?

coins with values below 1 satoshi certainly have no future. moreover the coin is not in a large exchange. I suggest not having coins like that. because the coin is like trash, you will lose if you buy it. it's better not to pay attention to coins like that because it will only waste your time.

Topic: What is the future of the Altcoins that have less than 1(one) satoshi as value (Read 511 times)