Dynamics of Deflation and Inflation: An Analysis of $NOT and Altcoins
The figure shows an interesting comparison ratio between Notcoin's price and market cap metrics, where Notcoin uses a deflationary mechanism versus an altcoin that uses an inflationary mechanism.
The following formula is used to calculate the market capitalization:
Market Capitalization = Token Price × Total Amount of Tokens in Circulation
Currently, the total market capitalization of the cryptocurrency market is approximately 2 trillion dollars. However, many altcoins continue to make or consolidate at new lows. This is due to the constant hyperinflation and the issuance of new tokens, as well as the continuous token unlocks, which reduce the price and increase the amount of money needed to increase the market capitalization.
Notcoin, however, is a deflationary model. All tokens are already in circulation and there will be no new releases. This ensures that the supply will not increase, similar to Bitcoin. 90% of all Notcoin tokens are in community hands. This means that power and influence are evenly distributed among the members of the ecosystem. There are no vestings, unlocks or funds, which prevents the possibility of manipulating the offer.
227,951,278 $NOT worth $3,692,810 have been burned during this period.
Think about it 🤑