The Discrepancy in Market Cap and Real Value of Blockchains

in #blockchain5 years ago

Look at that little surprise creeping up the chart on blocktivity.info. KIN is currently ranked 141 on coinmarketcap yet it's at #2 on blocktivity based on usage. Kin market cap is $35m, EOS at #1 on blocktivity is $5.8b. What is going on?

I smell a buying opportunity here. If someone is in the know as to how to buy this stuff, please post in the comments. The KIN token is an ethereum erc20 which is currently undergoing a token swap to it's own native chain. Buying it right now could be challenging, due to the ongoing token swap. It's listed on some exchanges like cointiger.com but it isn't clear if you're getting erc-20 tokens or the real KIN token.

Image credit- blocktivity.info

Sort:  

Congratulations @sauna! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :

You published more than 10 posts. Your next target is to reach 20 posts.

You can view your badges on your Steem Board and compare to others on the Steem Ranking
If you no longer want to receive notifications, reply to this comment with the word STOP

To support your work, I also upvoted your post!

Do not miss the last post from @steemitboard:

New japanese speaking community Steem Meetup badge
Vote for @Steemitboard as a witness to get one more award and increased upvotes!


@sauna, sorry to see you have less Steem Power.
Your level lowered and you are now a Red Fish!
Vote for @Steemitboard as a witness to get one more award and increased upvotes!

Congratulations @sauna! You received a personal award!

Happy Birthday! - You are on the Steem blockchain for 3 years!

You can view your badges on your Steem Board and compare to others on the Steem Ranking

Vote for @Steemitboard as a witness to get one more award and increased upvotes!

Coin Marketplace

STEEM 0.19
TRX 0.14
JST 0.029
BTC 64259.11
ETH 3172.90
USDT 1.00
SBD 2.56