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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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.

FanEagle

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I think most of them are worthless for sure but we should not forget the fact that there are some places that does exchanges via ethereum nowadays which means there are still chance for some of the dying ones for recovery if they can achieve it.

I mean none of them are there because they were good but their value is lower for some weird reason, they are all there because they suck and they deserve to be there however if they can recover and become more than 1 satoshi again then they should be capable of doing it and have the chance to do it as well. That is why I personally believe that life has given them a second chance and its up to them to decide if they will let it die or they will work on it to make it any bigger, they will have to live with their own choices.

Lawrenzoo

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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.?

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

ophyrim

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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.?

This coin is 2 BTC total marketcap which means already dead. I don't suggest anyone to buy a coin like this. In the future, 99.9% of the altcoins are going to die. Maybe even the biggest ones.

TheClownSong

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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 are priced at around 1sats or below. I think tokens like this are not feasible as an investment because usually the transaction volume is very small and transacted on a small exchanger. Better invest on top 50 coinmarketcap

altcoinhunter01

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The value below 1 Satoshi means there are few takers of that win and that coin has not much value behind him. Such coins can die because their developers leave them.

Novatech8

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Its really near to impossible to see coins that are trading at 1sat doing good on long term ,many I know ends up going down under 1 sat and they never recover ,some devs are forced to fork the coins and reduce the max supply to get it over 1sat value

asder250

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The future is that they will be soon delisted from coinmarketcap.
But low volume doesn´t mean that the coin is bad or dead. It only means that sellers do not want to sell lower and buyers do now want to buy for higher price. Cool

Genemind

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There are lots of coins under 1 Satoshi which is mostly considered as shitcoins. I think we can't do anything about it for now but to wait if there will be changes when the bull market runs. There are coins which raised from being a dead coin during the bull market last 2017 so it's never too impossible to happen again.

allohha

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Quote from: MakeMoneyBtc on May 07, 2019, 06:47:22 PM

Honestly I don't think we can talk about their fate anymore since their chances of getting back in the track are extremely low. There is a reason why the price of those altcoins is so low and that tells to the people they did not put all their efforts into that project and they've failed to achieve what they wanted. Unless a miracle happens I don't know how such projects could start growing up again.

I think that today we are not talking about the value of the one and the other coin, their future prospects. If the project has real prospects and will be in demand in society, then with the restoration of the cryptocurrency market the prices for coins will go up anyway.

MakeMoneyBtc

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Honestly I don't think we can talk about their fate anymore since their chances of getting back in the track are extremely low. There is a reason why the price of those altcoins is so low and that tells to the people they did not put all their efforts into that project and they've failed to achieve what they wanted. Unless a miracle happens I don't know how such projects could start growing up again.

IVEXO

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A very weak faith with half chances of survival
Toto was a massive dump and pump token in mercatox and I’m not surprised
Soon enough, there will be news of its delistment from exchanges

chenille

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chenille!

Quote from: feryjhie on May 04, 2019, 10:01:21 PM

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

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

it depends on the project itself and the community that supports the coins like dogecoin that currently has the total supply almost 120B and until now there is many people use dogecoin while the price is very low

Yes exactly. Dogecoin has a very high supply and that's why the price per coin is very low. I used "makes a low price very meaningless" to express that it's always related to the total supply and for a correct result the total supply has to be multiplicated by price per coin.

Quote from: coinporch on May 05, 2019, 09:40:21 AM

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.

a huge total supply is not a big issue in cryptocurrencies, as you can see a lot of project with huge supply can growing hard
for me, the main issue in that project is only the low trading volume and maybe the dev should be more active in development and marketing too
so, the price could spike up Wink

I didn't mean that it's a problem to grow for a project I did mean that a low price doesn't mean that a project is undervalued. Or using different words: you can't judge a project if you look only at the price, it's always important to check also the supply.

mrdeposit

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I do not know, I would like to remind you that the dogecoin's price was low too. Indeed, the circumstances are very different than the old times. But I think everything is possible in the crypto world.

Bonwin

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Not all coins that trade as low as 1 sat will survive.
As a matter of fact, I invested in some coins like that, but today they have no volume at all.
That is just like a lost investment.
So be careful of what to invest in, no matter how low the price is.

TimeTeller

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Quote from: Callanta787 on May 05, 2019, 10:15:24 AM

You don't have any problem as far is its still trading with good volume on exchanges when bullrun comes it will surely gets over 5sat per one ,I'm talking from experience

Aside from the good volume, the status of their developments is the most important.
Because most of the altcoins or tokens that I am seeing with < 1 sat-value have no active developers anymore.
And the chance of eating the dust of crypto is very high.
But one altcoin that I've seen maintain their market even at 0.001 sat is SHND. I thought they will gonna die soon when I first encountered it.
But no, they are still in the market, and in several exchanges.

jossiel

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Quote from: coin-investor on May 04, 2019, 10:50:00 PM

Quote from: jossiel on May 04, 2019, 04:55:26 PM

It is currently ranked as 1180 on coinmarketcap and the volume would actually determine if this or other coins would be able to survive being new to the market. Coins like this is unlikely to know if they will have good fate in the market because they are still far from what you are expecting.

Are you an investor of this coin and how did you end up asking about its fate?

Checking the site but loading very slowly, checking the announcement there is no update but surprisingly the volume is ok the only problem is the huge supply and the site and the announcement that are no update, I will not invest on this coin a good project always have updated its investors.

Yes supply is too high, 7 billion.

For such coin that looks dead, you should be careful of putting any amount on it if you don't want to lose it.

Quote from: Callanta787 on May 05, 2019, 10:15:24 AM

You don't have any problem as far is its still trading with good volume on exchanges when bullrun comes it will surely gets over 5sat per one ,I'm talking from experience

The only exchange that has small volume is on hotbit and the 24 hour volume isn't so high. You may have that experience but this coin would differ from that experience of yours, just saying.

elitemobb

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I will tell you so much on the market as an example of those tokens that cost nothing, and as a result, we still have to stand for quite a lot so we cannot predict this, so do not underestimate such tokens.

Jeborn

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The future of a coin goes beyond the value of it per token. I always look at the bigger picture what is the marketcap of the token, the daily trading volume, how committed are the developers and community backing such coin. If all theses boxes are ticked then the future is bright than its current value even if it's less than 1 satoshi

Zdraste16

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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.?

Now it is difficult to draw conclusions about the token TOTO It can be observed that the token you are interested in, from those proposed and issued is not the cheapest. More precise information about the future of this token can be obtained only from the developers of this project, on the official website.

cahkalem

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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.?

altcoins with less than 1 satoshi in price is a good options to make a huge profit,, because when the price rising to 2 satoshi, you already make 100% profit right ?
but remember, you should know if the coin/token is not a dead cryptocurrencies, so you will not lose your money

Callanta787

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You don't have any problem as far is its still trading with good volume on exchanges when bullrun comes it will surely gets over 5sat per one ,I'm talking from experience

sctunter

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Tourist token or named as TOTO is quited good at that moment
starting with less trusted from their investor because there was indication for scamming and then after release on market the price up more than 4x or 5x ( not really remember)
i think it can back to that price for sure if the team do something on that

wuvdoll

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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.?

Dead. No coin that has value under 1 satoshi will stay alive for too long, they used to have 1 satoshi as a benchmark that couldn't go any lower but with the addition of trading via tether and bnb and eth and so forth they had a new low but some of them even go to 1 satoshi (or whatever its called in that coins version) because if a coin already dropped below 1 satoshi than there is no way to save it whatever you calculate it with.

I feel like there could be some that got a bit revived thanks to pairing it with ethereum and what not but thats a short lived life and will definitely go back down to death once again. Even dogecoin and reddcoin type of "joke" coins worth well over 1 satoshi so I can't really think of any reason why any serious coin would have to be under 1 satoshi.

coinporch

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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.

a huge total supply is not a big issue in cryptocurrencies, as you can see a lot of project with huge supply can growing hard
for me, the main issue in that project is only the low trading volume and maybe the dev should be more active in development and marketing too
so, the price could spike up Wink

ariyzt

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no future for them unless the team and developer working on it
they should buy back if wanna price greater than 1 sathosi

Herbert2020

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because those coins sometimes can get unbelievably huge pumps they won't die anytime soon although they are all technically dead and some of them don't even produce new blocks anymore for a very long time.
it has always been so much easier to pump these coins too and that is why they are pumpers' favorite. for example you can see one of these dead coins that is worth 0.001 saothi to go up to 0.1 satoshi and that is 100x pump which can give you a gigantic profit. imagine investing 0.01BTC in it and cashing out 1 bitcoin!

TopT3ns

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I think since past until now, there are a lot of altcoin that already died. After delisted on all market, nothing that user can do except save it and make it souvenir in a wallet. That is why we must careful to pick low volume coin in market because it have risk as big as it's profit when get pumped.

Bitbtc8

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For all altcoins that have values under one satoshi has no guaranteed of been alive till bullrun make a come back but last bullrun did proven to be effective on these kinda low valued altcoins ,they eventually hit 20-30sat last bullrun ,even some make the biggest profits from such altcoins

CLywaTeLb

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First of all, you should pay attention to trading volumes. Then find out something about the project activities. In most cases, it is difficult to find any specific information. I think that in the future such assets will die. ->
Scammers are pretty tricky: uncertainty around a project. What does not allow anyone to directly accuse them, at the same time, some investors continue to hope for the best Grin

.
Thus, a cheap coin does not mean a lot of potential. Though for some time short-term pump are possible.

christian07

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If the altcoins/tokens have price with 1 to 50 satoshi or 100 satoshi then that's new only in popular trading site like Binance then i think risk some money in that but if the altcoins/tokens have price less than 1 satoshi then this is already run here for so long and not list in popular trading site then i think this can turn not well here in crypto like this will turn deadcoin or shitcoin

Ailmand

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Some of coins that have such value are dead and left by developers. If such project will continue developing and developing their product or service, they might go back to the market.

lionheart78

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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.?

This depends on the action of the developer. If the developers continue to deliver and they have mad some adjustment regarding their total supply, if they have too much, such as burning or locking the part of the token. If they continue to build their community and do a lot of innovations in the industry, for sure the value of their token would increase thus, their fate would be good. Else if they fail to do anything then they will be doomed to oblivion.

shakesbear

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I look at the social network of the project, I look at the githab, telegram, if I see that community is alive and work on project is going on, it means that such a project can begin to grow, the price is lower than 1 Satoshi is not a death rate.

mu_enrico

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If the price is below 1 satoshi, I am afraid those tokens are dead already. If somehow the developers are still exist and actively doing their work, they could do token burn to significantly decrease the supply and drive the price up a lot. However, I think no one is still working on those tokens if the price is that bad.

iconoclast

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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.?

The value of the individual token is less important than the overall size of the market cap and the trading volume in determining if the coin has a future. If there is no volume it means that people are unwilling to buy the coin at its asking price and if the market cap is low it is likely that those coins will end up getting dropped by the exchanges which will pretty much eliminate them from having any future.

edisystem

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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.?

I just checked the price of Tourist Token (TOTO) and the price is really really low. To be honest, token list this usually will be dead very soon because no one will buy this kind of token. Altcoins that have a price below 1 satoshi or even below $0.000001 is no hope. No one will look into it.

tsaroz

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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.?

There are other pairs where you can trade it. Their are exchanges pairing currencies with USD and even doge so you can still trade in every lowly possible prices and about their future, they'll have one until some fool realize the coin has a potential to rise.

coin-investor

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Quote from: jossiel on May 04, 2019, 04:55:26 PM

It is currently ranked as 1180 on coinmarketcap and the volume would actually determine if this or other coins would be able to survive being new to the market. Coins like this is unlikely to know if they will have good fate in the market because they are still far from what you are expecting.

Are you an investor of this coin and how did you end up asking about its fate?

Checking the site but loading very slowly, checking the announcement there is no update but surprisingly the volume is ok the only problem is the huge supply and the site and the announcement that are no update, I will not invest on this coin a good project always have updated its investors.

pushups44

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I honestly don't see why there needs to be a tourist token, when tourists can simply use BTC, LTC, DASH, ADA, or whatever is more popular. I'm not saying that this token will go to zero, but the chance of it is high unless it has some extraordinary use case.

feryjhie

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

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

it depends on the project itself and the community that supports the coins like dogecoin that currently has the total supply almost 120B and until now there is many people use dogecoin while the price is very low

Adriano2010

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If their value is under 1 satoshi than means for me at least that this coins / tokens not have any future and no one will invest on, and who have some chance to sell them better sell even if they not get so much.

chenille

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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.?

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.

jossiel

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It is currently ranked as 1180 on coinmarketcap and the volume would actually determine if this or other coins would be able to survive being new to the market. Coins like this is unlikely to know if they will have good fate in the market because they are still far from what you are expecting.

Are you an investor of this coin and how did you end up asking about its fate?

jerrison

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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.?

Topic: What is the future of the Altcoins that have less than 1(one) satoshi as value (Read 551 times)