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RE: DASH out of Top10 CoinMarketCap and Why i Think CMC is Funny!

in #bitcoin7 years ago

I always consider market cap to be a falicy. It is supposed to tell you the value of all coins in circulation but takes no account of those fee locked or otherwise burned (although it could be argued that the price already accounts for this).

More importantly, the minute you start to sell some, the price will decrease, so the total number of coins would never be sold for current price.

Having said that, there is not really any better measure!

Coin Marketplace

STEEM 0.15
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JST 0.030
BTC 57530.32
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