Does Coin supply influence Price?

in crypto •  8 years ago 

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Does coin supply influence price? here's a little stat to help you decide :) (coins listed from top 100 coins) -- higest supply vs lowest supply

5 COINS WITH HIGHEST SUPPLY

  1. Bytecoins
    Supply: 183 billion
    Price: $0.002850

  2. Doge
    Supply: 109 billion
    Price: $0.003168

  3. Ripple
    Supply: 38 billion
    Price: $0.314172

  4. Reddcoin
    Supply: 28 billion
    Price: $0.002197

  5. Siacoin
    Supply: 27 billion
    Price: $0.018735

5 COINS WITH LEAST SUPPLY

  1. Byteball
    Supply: 255k
    Price: $767

  2. OMNI
    Supply: 559k
    Price: $69

  3. Melon
    Supply: 599k
    Price: $91

  4. Gnosis
    Supply: 1.1 million
    Price: $230.58

  5. Numeraire
    Supply: 1.2 million
    Price: $44.30

You decide if there's a correlation :) (PS, made this list just now, so price and supply might/will change over time).

crypto crypto4u cryptonews
8 years ago by

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      ·  8 years ago (edited)

    Thanks for sharing

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        ·  8 years ago 

      Well, I am no statistician, but I think I see something...

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          ·  8 years ago 

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