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I don't understand why people on here think that so many

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I don't understand why people on here think that so many memecoins will get in the $-range or several $-range. If you look at the biggest coin market caps it is really easy to figure out that most of the coins that get promoted here will never reach anything valuable.

Take for example Siacoin and Verge. Both of them have a circulating supply of several billion coins, so the demand can never be high enough to create a value in the $-range.

In comparison to that Bitcoin or Ethereum (or any other coin in the $-range) have only a supply of max. 100 million coins. There is currently only one coin with a supply of over 130 mio that is valued over 1$ (Steem).

So why do you think that your memecoins will create any value in the $-range?
Convince me!

>pic related, where the value of your meme coins will be heading
>>
The amount and rate of which money is flowing into crypto Gives me hope. We will see a trillion+ market cap in a couple years at this rate and it isn't going to all go into 2/3 coins
>>
>>2471654
what difference does it make when you buy shitton and it rises couple hundred satoshis you still make a buck
>>
>>2471654
ethereum has an unlimited supply
>>
>>2471775
yes that is true, you can make a profit of maybe several hundred %, maybe 1.000% if you are luck, but it will never be lamboland

>>2471777
in theory sure it has, but the mining of new coins will be so slow in the future that the supply is practically limited as well and will probably never reach a billion coins
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