Karry Eleveld jo31
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Sorry for my ignorance, but I don't understand.
I hear a lot of users talking about correlation between capitalization and value of the various Crypto.
Now...the thing will certainly have a logical basis, but...if I then look at the general situation, I find that in the first 5 positions in the market cap, excluding #USDT which is a stablecoin, NO crypto seems to respect this logic.
Why are $SOL and $BNB (without wanting to touch the "sacred monsters" $BTC and Ethereum), worth respectively around 200 and 700 dollars, having a capitalization of almost 30% lower?
Why shouldn't #xrp reach (at least) the same figures?
I hear a lot of users talking about correlation between capitalization and value of the various Crypto.
Now...the thing will certainly have a logical basis, but...if I then look at the general situation, I find that in the first 5 positions in the market cap, excluding #USDT which is a stablecoin, NO crypto seems to respect this logic.
Why are $SOL and $BNB (without wanting to touch the "sacred monsters" $BTC and Ethereum), worth respectively around 200 and 700 dollars, having a capitalization of almost 30% lower?
Why shouldn't #xrp reach (at least) the same figures?