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I think it is still a more useful metric than price. If you consider a cryptocurrency with a price of $1/unit, it still matters a lot whether there are 1 millio
by wcoenen 9y ago
I think it is still a more useful metric than price. If you consider a cryptocurrency with a price of $1/unit, it still matters a lot whether there are 1 million or 1 billion units in circulation. Multiplying price with the number of units takes this into account.
I agree that "market cap" is a bit misleading. What would be a better name?
- aml183 9y agoNetwork Value. https://www.google.com/amp/s/www.arilewis.com/blog/2017/5/10/network-value%3Fformat%3Damp https://www.google.com/amp/s/www.arilewis.com/blog/2017/5/10...