For all the new people looking for cheap coins: STOP IT, the price is irrelevant, look at Market Cap.
I see a depressing amount of people looking for a "cheap coin under $0.5" because "it might be the next Bitcoin xD" even though it has an insane circulation supply.
Please don't buy a coin just because it's cheap..
EDIT: Adding this to explain further:
This is obviously an oversimplification:
| Coin A | Coin B | |
|---|---|---|
| Supply | 1.000.000.000.000 | 500.000 |
| Price per token | 1c | $20.000 |
| Market cap | $10b | $10b |
These coins are essentially the exact same in terms of value, for either to double in value you would need to "add" $10b in market cap.
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For all the new people looking for cheap coins: STOP IT, the price is irrelevant, look at Market Cap.
![For all the new people looking for cheap coins: STOP IT, the price is irrelevant, look at Market Cap.]()
Reviewed by paksvideo
on
January 06, 2018
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