3 ms·
Polycat finance only had 3 Million Tokens. That's the max supply. There will never be more than 3 Million Tokens. And yet the price tanked and will never ever
by romeros 4y ago
Polycat finance only had 3 Million Tokens. That's the max supply. There will never be more than 3 Million Tokens. And yet the price tanked and will never ever recover. It traded at $60 a piece. Now it is trading in cents.
Quant has only 12 Million Tokens. No new tokens will ever be created. It topped at $400 a piece. Now it is trading at $72. It could go down all the way to fractions of cents.
Reality doesn't matter. Perception of reality is all that matters. Likewise, Bitcoin could only ever have a 21 M supply cap and it could end up trading in fractions of cents just like the above two coins in the future.