Crypto Currencies with Finite Supply
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
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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 !!!
Glad you found the information useful
I did and I appreciate that you took the time to engage your commenters......................
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.
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
Great analysis, Thanks for sharing and compiling this coins with finite supply
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That's a really interesting way to consider cryptos, and should be taken more in consideration! Congrats!
Can you make a forecast for Dogecoin in the next 6 months?
This post has received a 1.04 % upvote from @drotto thanks to: @banjo.
very informative
ok i vote you i always remember you my friend :)
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Wow hmmmm