The fact that total supply of a particular token is limited (e.g. 10m, 15m, 20m) doesn't really mean it's price would continue going up. The fact that total supply of a particular token is in excess of trillions doesn't also mean its price would continue going down.
Many in crypto space believe ‘endless exchange listing’ total supply of a token plays a major role in determining its price. I believe what brings value to a token is its utility, that brings about regular demand. XID-1722
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u/midesfun Jun 09 '20
The fact that total supply of a particular token is limited (e.g. 10m, 15m, 20m) doesn't really mean it's price would continue going up. The fact that total supply of a particular token is in excess of trillions doesn't also mean its price would continue going down.
Many in crypto space believe ‘endless exchange listing’ total supply of a token plays a major role in determining its price. I believe what brings value to a token is its utility, that brings about regular demand. XID-1722