That's a total volume number, not a market cap. If you want to see some market caps[0] they're still staggeringly high for what they represent, but beware: you

That's a total volume number, not a market cap. If you want to see some market caps[0] they're still staggeringly high for what they represent, but beware: you can't see the demand curve on a price history chart. There's no way of knowing how much of the market could decide to sell before they ran out of buyers. Market caps are used to estimate value on wall street because it's imagined that the number of people who would want to buy MSFT today for $1 less than the price today are inexhaustible. That's much closer to the truth on the NASDAQ than on whatever exchange people are using to trade their beanie babies. [0] https://coinmarketcap.com/nft/ https://coinmarketcap.com/nft/