Market cap is still useful to compare projects but you do have to look at it in combination with liquidity. E.g. I work on a Cross-chain bridge project (curren

Market cap is still useful to compare projects but you do have to look at it in combination with liquidity. E.g. I work on a Cross-chain bridge project (currently for BSC-Polygon) [0] and technically we have a market cap of 1.4m right now but practically the liquidity in exchanges is still just in the thousands so that's all you can cash out if you try to. On the other hand, comparing e.g. ETH and BTC's market cap is a lot more useful since they have a lot of and comparable enough liquidity. 0. https://wpnt.org/ https://wpnt.org/