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RE: When will the Market Bounce Back? - CryptoCurrency Market - Crypto News

in #cryptocurrency6 years ago (edited)

That's why we should ignore the market caps, because it's simply calculated as:
Circulating supply X Price = Market cap

In this case:
8,628,012,783 x $0.09124 = $767,912,886

So if 1 person bought 1 coin @ $10.00, it would look like this:
8,628,012,783 x $10.00 = $86,280,127,830

Do you see why it's a completely useless measure until the day more data is being factored in. I hope you see this message and spread the word. Great vid, otherwise!

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