People on here are OBSESSED with market cap and treating coins like stocks. This is a whole new world. You will do well to drop your stock market paradigms.
1. There's nothing "whole new" about it.
2. It's not a "stock market paradigm". It's an accounting paradigm in which (like any other accounting paradigm) value does not 'disappear'. It's simply accounted for somewhere else.
Dudes what are we tokking 'bout really, some dude said a price at youtube (actually talked about parity with btc, so if btc is $500, then there's that.) sure fantasize a bit, but focus on now, and where we stand, and what the project is gonna be in a month that's a whole lot more useful.