You are right. But coins like these with small value are seen by investors for long-term. And in that perspective the liquidity and circulation does not really come into play. You know they will issue at some point.

You need to have a clear path. In this regard, I admire what Civic offers despite it's One Billion supply. Civic is i think capped to three years duration and every order will have three minute or so pause time to let the common investors come in and make some profit.

I have never invested in Coins with 1B+ supply other than for short-term profitability but Civic is the only one I am thinking about. Tx