/biz/ - Business & Finance

Altcoins rise in values with big announcements and news
Bitcoin rise in value wi...

A massive social engineering is happening now in the crypto world. FUD is starting to spread like crazy. The elite has been ramping up the FUD in order for you to cash out and gtfo, which will then create a self-fullfilling prophecy on a large scale
LMAO

powah ledger new ath

buy any coin/token not made by an autistic neet forked off some obscure shitcoin, with any business usecase and clean marketing

wait 5 years

Why market cap isn't as important as you think and supply of token/total tokens is more important than you think.
Request Network
Market cap $37,810,327
Circulating Supply 636,000,000 REQ
Total Supply 1,000,000,000 REQ

Confido
Market cap $10,414,350
Circulating Supply 9,000,000 CFD
Total Supply 15,000,000 CFD

For Request Network to go up 100%, $37,810,327 extra needs to be put in the total market cap
For Confido to go up 100%, $10,414,350 extra needs to be put in the total market cap
And those extra dollars that need to get in total market cap needs to to grow exponentially higher for each 100% gains.

Good luck with REQ and LINK, both of them with an eventul total supply of 1 billion tokens which will stunt growth in the coming years.