What increases a coins market capitalization?
How can shitty little coins like DOGE generate $312 million? Through memes and shilling alone?
If everyone tried to withdraw there would be way way way way way less money than $312 mil coming out.
>>2459076
Yes.
I have a coin that i'm researching that is just under 400 million supply and it just started out.
It definitely has potential.
pure meme magic bro
There's a certain number of coins
Multiply that number by the last trade that went through
So market cap does not really indicate anything important
99% of the coins could have been bought the 1 satoshi. Then one coin was bought for $1000. The market cap would be #coins x $1000 = billions. Even though the money that went in is maybe $1001.
>>2459159
dogecoin is trading on really high volume though. tens of $millions per day