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Why Crypto Market Cap Can Mislead You | Daily Crypto IQ
Token Autopsy · streamed · runtime 1:29:49
Takeaways
Derived from the stream's auto-generated captions.
- Max supply 500,000 half a million and its circulating supply is not even there.
- Notice Avalanche has $3 billion in its market cap and Gonosis only has $319 million, but Gnosis has a higher dollar price.
- Now, once you've identified circulating supply and maximum supply, you want to go look at the market cap. $3.1 billion in this and AVAC is only $7.36.
- 720 million are not in your circulating supply. your circulating supply is 431 million.
- Imagine if Ganosis had a 6 million max supply and its circulating supply was doubled. this coin would only be worth about 60 bucks, close to 61 bucks or 60 actually be $60.50 something that.
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