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RE: EOS/US Dollar (EOS/USD) Price Charts for Aug 29th 2017
When I first started trading I always thought Market Capitalization meant how much money is invested in the Token divided by the amount of shares but then I realized that it's all b.s. and that if someone dude decided to buy a bunch for a lot it will pump up the price in such a fake way... that's nasty.
Correct, way too much attention going to market cap, it's only a tool to help gauge the temperature of the market, not the asset.
I blame coinmarketcap.com