Consider Bean Cash. It only has less than 3 billion coins in circulation with over 45 billion coins yet to be staked. However it is in a low price of 0.0035 USD. For staking that pays $1/1000 coin reward for every .001, it should be much higher.
So what gives. Maybe the people are afraid of the whales, that will start selling once it goes up a few? Or is this coin cursed?
Eventually the test I think will be when Bitcoin hit close to 10k. Bean Cash should rise to the 100 Satoshi by then, if not sooner. We will see.
Maybe this coin is cursed and the whales will destroy the price of the coin. But a high price of Bitcoin can make 1000 coin reward very attractive. Think even if it stays at 50 Satoshi and Bitcoin is at 25k, the staking reward would be $12.50.
Questions is be-careful of the whales, when the price is high, they strike. Unless one can time it correctly to buy when low and for Bitcoin to rise big and quickly. Remember there is still a lot to be staked.
** Disclaimer This blog is based on my opinions. I am not giving professional advice. Anything written here should be taken as an opinion and is the responsibility of the reader to take due diligence as such. Basically saying I may be wrong, right or neither, just saying its my opinions and my voice.