It is, obviously, a grift, and the ‘market cap’ is part of the standard meme coin grift. If you print a billion Schrutebucks at home and sell one to an idiot fo

It is, obviously, a grift, and the ‘market cap’ is part of the standard meme coin grift. If you print a billion Schrutebucks at home and sell one to an idiot for a dollar, then, well, do you have a billion dollars? This is _not_ really a valuation approach which would be accepted in traditional finance, but it’s standard in cryptononsense world.