🚨 Understanding Altcoin Growth and Market Cap 🚨
💡 Many believe the market needs trillions to trigger altseason, but that's not true for $SOL , $ONDO, $WIF , $MKR , or any low-cap gems. 💡
🧵 Here's the secret ⬇️
Common Misconception
- Major traders claim high market cap altcoins need massive investments to grow.
- They often say, "It takes $N billion for the price to grow N times" for assets like Solana. This is incorrect, and here’s why:
Key Concepts
- Market Cap: Total market value of a cryptocurrency (Asset's price x Supply).
- Price: Determined by demand and supply intersection.
- Liquidity: Ability to quickly exchange a cryptocurrency at its market price without significant value loss.
Example
- $STRK at $1 with a 1B Supply = $1B Market Cap.
- To double the price, you would need $1B in investments? Wrong!
- Liquidity plays a crucial role.
Liquidity Explained
- On exchanges, you can't sell more tokens than the available liquidity.
- If $STRK is listed only on @1inch with $100M liquidity in the $STRK - $USDC pool:
- Price: $1
- Market Cap: $1B
- Liquidity: $100M
Price Manipulation
- Buying $50M worth of $STRK will double the price, not $1B.
- Market cap reaches $2B with just $50M infusions.
- Big players exploit these mechanisms for manipulation.
Memecoins
- Often listed on one or two decentralized exchanges with limited liquidity pools.
- Significant price manipulation creates FOMO among investors.
Takeaway
- You don’t need multi-billion dollar investments to change market cap or increase token prices.
- Limited liquidity and high demand drive prices up. Keep this in mind during research.
---
🔑 Understand these principles to navigate the market smarter. 💰💪