Why does max supply correlate to pump & dump. Jupiter total supply is actually 10b initial will be like 1 - 2b but I’m just wondering how a supply can make it seem as if a pump & dump
Circularing supply x price = market cap
Btc MC rn is like 750B atm
At some point or another, we gotta be reasonable in thinking whether short term or long term
Historically, coins with huge supply end up getting dumped & sink -90% from ath
Look at unisocks. Very low supply. Small cap but high price.
Look at xrp. 10b supply. Large cap but low price.
Why does max supply correlate to pump & dump. Jupiter total supply is actually 10b initial will be like 1 - 2b but I’m just wondering how a supply can make it seem as if a pump & dump
Circularing supply x price = market cap Btc MC rn is like 750B atm At some point or another, we gotta be reasonable in thinking whether short term or long term Historically, coins with huge supply end up getting dumped & sink -90% from ath Look at unisocks. Very low supply. Small cap but high price. Look at xrp. 10b supply. Large cap but low price.