First, let's find out what market capitalization is.
Capitalization is the total value of all issued coins at the current price. For example, if 10,000 coins X were issued and their price is currently $2, then the capitalization of coins X will be $20,000. The formula for calculating capitalization is very simple. You just need to multiply the number of issued coins by their current price.
Now we need to find out what the capitalization of $HMSTR will be at a price of $1. We know that there are 64 billion HMSTR coins issued (in fact, there are 100 billion, but there are 64 billion in circulation, this is called the circulating supply and it is by this that the capitalization is calculated). Now we just multiply 64 billion coins by 1. How much do we get? 64 billion dollars is the capitalization of HMSTR at a price of $1.
Is it a lot or a little? 🤔
Comparisons are best for this. For example, such a great cryptocurrency as Bitcoin has a capitalization of 1.28 trillion dollars at the moment. BTC is in first place in terms of capitalization in the world among all cryptocurrencies.
ETH has a capitalization of $320 billion and is the second largest cryptocurrency by capitalization. USDT has a capitalization of $120 billion and is the third largest cryptocurrency by capitalization. BNB has a capitalization of $86 billion and is the fourth largest cryptocurrency by capitalization.
Finally, SOL has the fifth largest market capitalization in the world, which is $73 billion.
All these cryptocurrencies are very significant and have a lot of weight and value in the world of cryptocurrencies. Now imagine that such a trashy, useless project as HMSTR will get into the top 5 capitalization and will share the top 5 place in the world by capitalization with such significant cryptocurrencies. It's hard to imagine 🤣
Never will this garbage project reach such a huge capitalization. There are many other significant projects like TRX, TON, AVAX, DOT, LINK and others that currently have a capitalization of less than $20 billion, and you want a garbage project like HMSTR to overtake them all and have a capitalization of $64 billion? Are you crazy?
Even at $0.30 this garbage project will not have a value, because at such a price its capitalization will be $20 billion, which is also incredibly much for such garbage as HMSTR.
