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Daily Crypto IQ: XLM Fact or Fiction
Live stream · streamed · runtime 1:44:30
Takeaways
Derived from the stream's auto-generated captions.
- With a market cap of 16 something billion, it only ran to 72 cents because there were more coins more coins in circulation that diluted the value no matter the fact that there was actually more money in market cap in the second top there than there was in the first.
- With a market cap of about 15 point something billion, it ran to 87 cents.
- Remember how I showed Ganosis and it had a set 3 million max supply?
- If you want those 10,000 coins to be worth more than $100, you need more money to come into the market cap and the circulating supply to stay roughly the same or go down.
- If you've been around in crypto for at least 3, four, five years, the other so-called utility coins, but users need to be careful here because ISO 202022, now I'm psyching myself out, is a financial messaging standard.
Coins & projects mentioned
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