People need to stop ignoring tokenomics

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People need to stop ignoring tokenomics

Tokenomics are a huge part on whether a crypto investment is worth it. Take a coin like Filecoin, 56,697,664 coins are in circulation out of 2,000,000,000. Yes, only 3% of the coin is in circulation yet somehow it's rank #20. Why are people even buying coins like this or Avalanche or basically any coin with such a low circulating supply? They claim its to "keep the price stable and help the ecosystem grow" but really given the massive inflation this will cause and the fact that most of the time its so devs can dump their coins/ they own a large chunk of the total supply, I don't see how you can make significant money in the long term. When those other tokens unlock, the price will dip so much as supply increases it's not worth it at all. I don't care what the coin even does if such little of the initial supply is released you can bet yourself in the long term you won't make much money as opposed to coins where more than 60-70% of the initial supply is released or so.

submitted by /u/mybed54
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