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RE: CryptoCurrency Market Cap does not Equal The Value of The Underlying "Business"

in #gridcoin8 years ago

Good points. I would also add that in some cases the market cap shown on coinmarketcap is an artificial number. The market cap shown is based on last trades for the coin. If a coin is not on a major exchange and has very low volume then the price can be heavily manipulated.

Coin Marketplace

STEEM 0.29
TRX 0.25
JST 0.040
BTC 95692.39
ETH 3354.65
USDT 1.00
SBD 4.00