Is Total Token Supply Really Important?

Check out this interesting read about token supply and its influence on value perception. It points out that scarcity can make tokens seem exclusive while abundance makes them feel less special. Behavioral aspects shape how we see supply and demand, even if the market cap tells a different story.

Sure, supply matters but it's not the only thing you should look at before investing. Just because a token has a limited supply doesn't mean it's a good pick. Scammers know that too, right? They might drop a scarce token just to entice investors.

Nah, not really a big deal! The project's value is everything. Like, think about PYR, only 50 million in supply, yet it’s under a buck. Meanwhile, SUI has a massive supply of 10 billion, yet it’s trading way higher. Demand rules here, not supply.

Total supply doesn’t dictate growth if the team is active and driving trends. Look at Dogecoin, tons of supply but it’s still a memecoin classic and it paved the way for others. The amount you set should just reflect what you plan to raise.

Sounds like you’re still learning the ropes. Or maybe you're just trying to spread some false info. Community interest is key. You could have a tiny supply, but if no one cares, it’s worthless.

Supply preferences exist, sure, but for newbies, it’s not everything right now. Many still think having a limited supply is golden, but real value lies in solid use cases. If a token's just another copycat with no actual use, who cares?

Unit bias is a thing for sure, but a lot of rookies focus more on the price per coin than total supply itself. Experienced traders evaluate projects based on supply and tokenomics. Scarcity matters most for top coins like Bitcoin, not as much for others.

That seems oversimplified. Shitcoins act differently because they thrive on being manipulated. They need experienced pumpers behind them to really get going. So total supply? It hardly matters unless it’s extreme, like having only 42 tokens.

Anyone taking risks with those kinds of coins should be ready for the fallout. They’re called shitcoins for a reason. Regardless of how much supply they have, owners can pull strings. Just remember, investing in them is a gamble, so only play with cash you can afford to lose.