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Market cap is not really significant, if the sales are down. Most of the market cap is from old sales. I could create a new coin with a huge market cap very ea
by elcomet 4y ago
Market cap is not really significant, if the sales are down. Most of the market cap is from old sales.
I could create a new coin with a huge market cap very easily: I'm creating 1,000 billion coins, and I'm selling to a friend one coin for $1, then never selling anything again. The market cap is now $ 1,000 billion right?
- Animats 4y agoYes, but to realize it, you have to get (bribe) a major exchange to list your coin.