Bitcoin is edging closer to reaching its finite, maximum supply, pushing its price up and making it harder to mine. As a rule of thumb, the fewer coins available to the general audience, the higher the value of the cryptocurrency becomes. No more mining is possible when a cryptocurrency reaches its maximum supply. The market price then reflects supply and demand. Bitcoin has a set limit of 21 million coins, the last of which is to be mined around the year 2140 according to a 2017 forecast - with the assumption that the rate of Bitcoin mining halves every four years.
Why are there so many differences in crypto supply?
Cryptocurrency developers can determine whether a coin should have a fixed limit, depending on the blockchain it utilizes or monetary strategies. Ethereum has no maximum supply, meaning miners can create and indefinitely extract this cryptocurrency. This is called an inflationary cryptocurrency, one that continuously inflates the supply. The idea is that the number of tokens in circulation keeps outpacing demand, decreasing overall value. Some coins limit the release of their (indefinite) supply or even destroy (burn) tokens. Such deflationary events took place with LUNA in 2022.
The appeal of low-supply cryptocurrency for investors
Crypto investors tend to be on the lookout for crypto with limited supply, ideally with low levels. After a token reaches maximum supply, the argument goes, the coin's supply becomes static - miners can no longer create new coins. The demand should continue to grow. A maximum cap, they hope, guarantees value gains. Not many such coins exist. DeFi platform AAVE is an example of a cryptocurrency with a max supply smaller than 100 million.
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Next 1000x Crypto – Detailed Reviews
- Pepe Unchained – Pepe-Themed Meme Coin Built on the Layer-Two Ethereum Blockchain with 1000x Potential. ...
- The Meme Games – Earn Staking Rewards and Bonus Tokens. ...
- WienerAI – Potential 1000x AI and Dog-Themed Meme Coin. ...
- PlayDoge – Meme Coin With Play-to-Earn Utility and a 1000x Potential.
Top 10 Cryptos in 2024
| Coin | Market Capitalization | Current Price |
|---|
| Bitcoin (BTC) | $1.32 trillion | $67,217 |
| Ethereum (ETH) | $389 billion | $3235 |
| Binance Coin (BNB) | $84 billion | $575.82 |
| Solana (SOL) | $82 billion | $178.27 |
6 more rows3 days ago
Ethereum has no maximum supply, meaning miners can create and indefinitely extract this cryptocurrency. This is called an inflationary cryptocurrency, one that continuously inflates the supply.
Which cryptocurrency has lowest supply? ›
Coins with small supply
| Coin | Rank | Circ supply |
|---|
| YFI | 234 | 33.292 K |
| YFII | 684 | 38.596 K |
| UNCX | 621 | 46.541 K |
| BIFI | 582 | 80 K |
55 more rowsWe have picked Pepe Unchained ($PEPU) as the #1 choice for coins that could soar by 1000x in the long-term. This is because Pepe Unchained offers low transaction fees, high speed, and huge staking rewards.
Which crypto will skyrocket in 2025? ›
The Stock-to-Flow model, a well-known price prediction tool, suggests Bitcoin could exceed $300,000 by 2025, highlighting its potential for significant future value. This forecast is supported by the global liquidity cycle, which is expected to peak in 2025, aligning with Bitcoin's anticipated price increase.
What is the best cheap crypto to buy? ›
The Top Cheapest Cryptos to Buy in 2024
- Pepe Unchained (PEPU) – New Ethereum L2 chain featuring the iconic Pepe meme.
- The Meme Games (MGMES) – Cheapest meme coin based on the Olympics.
- WienerAI (WAI) – Among the cheapest meme coins in 2024.
- PlayDoge (DOGE) – Massive APY awards with a Tamagotchi-style token.
Prediction: Ethereum Will Reach $10,000 in 2030 | Nasdaq.
What are the new Altcoins for 2024? ›
Top Three Discounted Altcoins with Massive Potential in 2024: Could 50X Gains Still Be Possible?
- CYBRO Presale Climbs Past $1.3 Million: A One-in-a-Million DeFi Investment Opportunity.
- Toncoin Shows Bearish Signs but Retains Growth Potential.
- Starknet (STRK) Wavers Near Support, Bulls Hope for Rebound.
Dogecoin has an unlimited supply of DOGE, as it has no cap on its mining or creation.
Long-term investors will view Bitcoin as the best crypto with the most potential. While it's already a trillion-dollar project, Bitcoin's long-term growth trajectory is uncapped. It's the most important crypto in the blockchain ecosystem; its value determines how the broader market performs.
What is the next big crypto? ›
SingularityNET and Fetch.ai are cryptocurrencies that could capitalize on the AI boom. Other cryptos that could be successful include THORChain and Sei. While Bitcoin and Ethereum are already established, they still have solid growth potential.
Which crypto has the lowest risk? ›
What is the low risk solution to cryptocurrency investment? Ethereum - if you want to stay on the safer side of things. Ethereum is a decentralized currency with a diverse range of applications; one of its most important uses being the ability to create smart contracts or custom tokens.
Is XRP limited supply? ›
Unlike most cryptocurrencies, XRP is pre-mined, with a maximum token supply of 100 billion.
Which crypto to buy today? ›
Top Cryptos
| Name | Price | 24H High |
|---|
| ETH Ethereum | 212,998.9 | 212,998.9 |
| USDT Tether USD | 68.40 | 68.40 |
| BNB Binance Coin | 38,500.01 | 38,500.01 |
| SOL Solana | 10,250.00 | 10,250.00 |
37 more rowsCathie Wood, Ark Invest Management's CEO and Chief Investment Officer, has set the financial world abuzz with her bullish Bitcoin (BTC) forecast. Wood boldly predicted that BTC could surge 5,837%, reaching a price of $3.8 million per coin, by 2030.
Will Polkadot reach 1000? ›
Therefore, for one DOT to reach a $1000 valuation, the market cap of DOT has to be at least 1.4 trillion. Since the market cap of the entire crypto market is only $2.19 trillion, it is not yet plausible for DOT's market cap to hit $1.4 trillion. Therefore, DOT can not reach $1000 as per our analysis.
What is the total market cap prediction for crypto in 2025? ›
Perhaps the most popular prediction is that the cryptocurrency market capitalization will hit eight trillion dollars in 2025. The market cap as of July 11, 2024 is $2.24 trillion. If the prediction pans out well, that would mean an over 250% increase within 12 months.
Which crypto to buy today for short term? ›
7 Top Cryptocurrencies for Short-Term Investment in India
| # | Cryptocurrency | Cons |
|---|
| 1 | Bitcoin (BTC) | Scalability issues, high energy consumption |
| 2 | Ethereum (ETH) | Scalability challenges, gas fees |
| 3 | Polkadot (DOT) | Less established than Ethereum, complex technology |
| 4 | Matic (MATIC) | It relies on Ethereum's security, competition in the L2 space |
3 more rowsMar 27, 2024
