In the image, you can see a rather interesting comparison of the price-to-market cap ratio of Notcoin, which has a deflationary mechanism, with an altcoin that has an inflationary mechanism.
The following formula is used to calculate market capitalization:
Market Cap = Token Price × Total Circulating SupplyThe current market capitalization of the cryptocurrency market is about $2 trillion. Despite this, many altcoins continue to hit new lows or consolidate near them. This is due to constant hyperinflation and the issuance of new tokens, ongoing unlocks, which decrease the price and increase the amount of money needed to grow the market cap.
Notcoin, however, has a deflationary model. All tokens are already in circulation, and there will be no new emissions. This ensures that the supply will not increase, similar to Bitcoin. 90% of all Notcoin tokens are in the hands of the community. This means that power and influence are evenly distributed among ecosystem participants. The absence of vesting, unlocks, and funds eliminates the possibility of supply manipulation.
During this period, 227,951,278 $NOT worth $3,692,810 have been burned.
Think about it 🤑