Seeking out information about the supply of a crypto currency might be a good place to start when researching a coin to invest in.
Logically the fewer coins available(along with a zillion other factors lol DYOR!),the higher the value of the coins especially when the maximum supply of the coin is reached.
In this post I scanned through all the top 100 coins available on coinmarketcap on the 13th of August 2017,10pm GMT and then extracted information on crypto currencies with a maximum supply.
Please note that total supply is different from maximum supply,while maximum supply refers to the the maximum number of coins that would ever exist during the life time of that crypto currency,Total supply on the other hand simply refers to the total number of coins of that crypto currency currently existing, not necessarily circulating,and yeah it means there could be more coins .
(Read this last paragraph again, you should get it)
Coins with Max Supply
In the top 100 , I found 19 Crypto currencies with a maximum supply. In the list below, I have sorted the maximum supply colum to list the crypto currency with the lowest maximum supply to the crypto currency with the higest maximum supply.
|Safe Exchange Coin||SAFEX||2,147,483,647|
You can see from the list that Etheroll (Dice) is the crypto currency with the lowest maximum supply in the top 100 with a maximum of just 7,001,622 coins that would ever be in existence during its lifetime, DASH is next with 18,900,000 while Bitcoin and its fork(Bitcoin Cash) round up the top three cryptocurrencies with the least maximum supply.
Comparing Maximum Supply to Circulating Supply
The idea here is to see the percentage of the Crypto's maximum supply that is already in circulation.
|Crypto||Circulating Supply||% of Max Supply in Circulation|
|Safe Exchange Coin||2,147,483,647||100.00%|
You can see from the table above,Etheroll, Ardor, Safe Exchange Coin and IOTA already have all the coins that will ever be in existence already in circulation, If this would make these coins more valuable in the long Run, that is the million dollar question.
Disclaimer : This post is just for informational purposes only, it is not investment advice
Thanks for reading my post.Let me know your view on this post in the comments, I read and appreciate every comment.Each post I make takes considerable time and effort,please support me by upvoting and resteeming if you enjoyed it.Keep an eye on my blog for my next post.
You can also follow me @datageek
Want to send me a btc tip ? You can send here :