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The dot com bubble was also much bigger than this current cryptocoin bubble. The market cap was bigger by multiples. I would also guess that this market cap ref
by b1daly 9y ago
The dot com bubble was also much bigger than this current cryptocoin bubble. The market cap was bigger by multiples. I would also guess that this market cap reflected vastly more actual capital flowing into the market than we see now flowing into the “digital token” markets.
The prices are so easily manipulated on unregulated exchanges, coupled with other scams, means the nominal price can be moved with a lot less capital.