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RE: You're using the wrong CoinMarketCap marketcaps!

in #cryptocurrency8 years ago

Thank you for pointing this out. I am pretty new to crypto, but based on what you said (and please correct me if I am wrong) market capitalization by total supply could be used as indicator for potential risk. As in: if huge amounts of the coin are held by developers or companies, one can never know, if/when holders decide to flood the market (and crash coin price).

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That's correct. It also gives you a true indication of the value and what you're really buying.

Coin Marketplace

STEEM 0.21
TRX 0.20
JST 0.034
BTC 91311.22
ETH 3141.56
USDT 1.00
SBD 2.97