Market cap is just one way of determining the value. You should consider others when making any investment/gamble. Many of the traditional ways of valuing a com

Market cap is just one way of determining the value. You should consider others when making any investment/gamble. Many of the traditional ways of valuing a company can be applied to value a crypto currency. If the market cap is much higher than the net present value or discounted cash flow that is a sign of an overvaluation or bubble.