4 ms·
Market cap is not market depth, you can't withdraw $223B from a speculative asset with a $223B market cap. Just look at SafeMoon lol. Market cap isn't a bank ac
by arcticbull 3y ago
Market cap is not market depth, you can't withdraw $223B from a speculative asset with a $223B market cap. Just look at SafeMoon lol. Market cap isn't a bank account. It's determined at the margin by the last transaction price multiplied by the number of units outstanding. Bringing it up in this context is just misleading.