marketcapiscap
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#marketcapiscap
just a thought about market cap.
Many Say a Big market cap could be a reason for $XRP to not reach higher levels, but let me give You an example:
- If I have a company and decide to sell 100 shares 1 dollar each, market cap would be 100 usd
- But, if I sell 99 shares at 1 dollar and the last share at 1000 usd, the market cap would be 100,000 USD when in reallity the amount of money invested was 1099 usd and not 100,000 usd.
please your ideas so we all can understand.
market cap is only a popularity rate.
#cryptodensity
just a thought about market cap.
Many Say a Big market cap could be a reason for $XRP to not reach higher levels, but let me give You an example:
- If I have a company and decide to sell 100 shares 1 dollar each, market cap would be 100 usd
- But, if I sell 99 shares at 1 dollar and the last share at 1000 usd, the market cap would be 100,000 USD when in reallity the amount of money invested was 1099 usd and not 100,000 usd.
please your ideas so we all can understand.
market cap is only a popularity rate.
#cryptodensity