Several cryptocurrency projects with a large supply of tokens have faced challenges in sustaining their value and achieving long-term success. Here are a few notable examples and the specific struggles they have encountered:
Ripple (XRP):
Supply: Ripple has a total supply of 100 billion XRP.
Struggles:Regulatory Issues: Ripple has faced legal challenges, notably the lawsuit from the U.S. Securities and Exchange Commission (SEC), which has caused uncertainty and price volatility.
Distribution Concerns: A significant portion of XRP is held by Ripple Labs, leading to concerns about centralization and the potential for large sales impacting the market.
Dogecoin (DOGE):
Supply: Dogecoin has a very high supply, with over 130 billion DOGE in circulation and no maximum supply cap.
Struggles:Inflation: With a constant supply increase due to mining rewards, Dogecoin faces ongoing inflation, which can hinder long-term value appreciation.
Market Perception: Often seen as a meme coin or joke currency, Dogecoin has struggled to be taken seriously as a viable long-term investment by many in the crypto community.
Shiba Inu (SHIB):
Supply: Shiba Inu has a total supply of 1 quadrillion tokens, with a large portion initially sent to Ethereum co-founder Vitalik Buterin, who later donated and burned a significant amount.
Struggles:
Oversupply: The sheer number of tokens makes it difficult for SHIB to achieve a high per-token value.
Market Speculation: Much of SHIB's price movement has been driven by speculative trading rather than fundamental value, leading to high volatility.
Few More examples are #Tron #Pepe :- having a supportive huge community still those project have not delivered the expections of holders & supporters.
