“The Myth of the Low-Priced Token That Will Hit $1: Stop Getting Fooled”
Many believe that a crypto with a very low price can easily reach $1, without paying attention to the total number of tokens in circulation. Yet, with hundreds of billions of units, it would require a monstrous market capitalization, surpassing giants like Bitcoin or Apple. This illusion is widely fueled by influencers who sell dreams to generate buzz.
Thinking that a token with trillions of units will “easily” reach $1 is like believing you can buy a house with a Monopoly bill. The price alone means nothing: without understanding the relationship between token quantity and market capitalization, you remain an easy target for scams.
How many more articles do we have to write before people understand? I see so many desperate individuals convinced they’ll get rich because of dishonest people, it makes me sick.