Hey Steemians,
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.
Crypto | Abbrv | MAX Supply |
---|---|---|
Etheroll | DICE | 7,001,622 |
DASH | DASH | 18,900,000 |
Bitcoin | BTC | 21,000,000 |
Bitcoin Cash | BCH | 21,000,000 |
Bitconnect | BCC | 28,000,000 |
Populous | PPT | 53,252,246 |
Litecoin | LTC | 84,000,000 |
Metaverse ETP | ETP | 100,000,000 |
Syscoin | SYS | 888,000,000 |
Humaniq | HMQ | 920,952,070 |
Ardor | ARDR | 998,999,495 |
NXT | NXT | 1,000,000,000 |
Leocoin | LEO | 1,000,000,000 |
Adtoken | ADT | 1,000,000,000 |
Safe Exchange Coin | SAFEX | 2,147,483,647 |
IOTA | MIOTA | 2,779,530,283 |
Verge | XVG | 16,555,000,000 |
Ripple | XRP | 100,000,000,000 |
Bytecoin | BCN | 184,470,000,000 |
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 |
---|---|---|
Etheroll | 7,001,622 | 100.00% |
Ardor | 998,999,495 | 100.00% |
Safe Exchange Coin | 2,147,483,647 | 100.00% |
IOTA | 2,779,530,283 | 100.00% |
NXT | 998,999,983 | 99.90% |
Bytecoin | 183,238,490,491 | 99.33% |
Verge | 13,409,472,280 | 81.00% |
Bitcoin | 16,504,950 | 78.60% |
Bitcoin Cash | 16,490,000 | 78.52% |
Populous | 37,004,027 | 69.49% |
Litecoin | 54,446,207 | 64.82% |
Adtoken | 600,000,000 | 60.00% |
Syscoin | 526,806,189 | 59.33% |
DASH | 7,489,902 | 39.63% |
Ripple | 38,352,642,160 | 38.35% |
Bitconnect | 6,431,339 | 22.97% |
Metaverse ETP | 22,600,000 | 22.60% |
Humaniq | 162,858,812 | 17.68% |
Leocoin | 87,782,322 | 8.78% |
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 : 1PzD2BB3d9v5gGCDouxg9dmGiR5cSkyUBx
This is the kind of information that makes being involved in Cryptos so much FUN. When you analyze coins for future consideration there are many factors to consider and one of the most important factors in my opinion is the total number of coins that will be in existence...............Thank You for posting this. UP Voted !!!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Glad you found the information useful
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I did and I appreciate that you took the time to engage your commenters......................
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Though your disclaimer says otherwise but I belive this is an important investment advice. I remember I was going to join the trend with ripple after it rose 4000% . Fortunately I checked the supply and I just knew it wasn't going to rise anymore. It never did, rather it fell to the ground. Thanks for this again.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Yes ripple it's a peculiar case,It does have a maximum supply albeit a very high number but people see risks in the distribution of massive amounts of the coin amongst it's founders
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Great analysis, Thanks for sharing and compiling this coins with finite supply
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Upvoted and Resteemed by xx-votesplus, the dropAhead curation team!
Do you want more earnings?
By doing things above you will give us more STEEM POWER (SP) to give you more earnings.
Keep up the good work!
Most recent post: It is official, WE are witnesses!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
That's a really interesting way to consider cryptos, and should be taken more in consideration! Congrats!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Can you make a forecast for Dogecoin in the next 6 months?
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
This post has received a 1.04 % upvote from @drotto thanks to: @banjo.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
very informative
ok i vote you i always remember you my friend :)
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Congratulations! This post has been upvoted from the communal account, @minnowsupport, by datageek from the Minnow Support Project. It's a witness project run by aggroed, ausbitbank, teamsteem, theprophet0, someguy123, neoxian, followbtcnews/crimsonclad, and netuoso. The goal is to help Steemit grow by supporting Minnows and creating a social network. Please find us in the Peace, Abundance, and Liberty Network (PALnet) Discord Channel. It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Wow hmmmm
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
What about STEEM?
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Steem does not have a maximum supply
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Hi! I have see yr post its nice so upvote and follow see my post help me to
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Solid post. Same mindset here. The coin market will be turbulent for the upcoming year(s) but I really believe in it. We really need more insights in the market and previous investment results (even though they don't deliver any guarantee for the future). Besides coinmarketcap.com there is: https://www.coincheckup.com Complete Coin analysis about the team, product, communication transparency, advisors and investment statistics.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Really nice info,you have my upvote.
What about steemit?
I know it's not a finate currency like the once listed here,but is there any info on how many steem $ are currently in circulation and how exactly are new ones created?
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
interesting article. Very helpful information
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit