...it refers to the fact that it can beat its market capitalization.
Which currency can not? Just create two and a half billion tokens and sell each one at $1.
Market cap is not a good metric anymore, we need better parameters for valid benchmarking.
The founder of
www.fluidledger.com says
I was researching altcoins and came across one the raised 30,000 USD at ICO and has a market cap of 6 million USD and their business concept is not worth the paper it is written on. What a joke!
There are many Coins like this! Some raised a lot of money And feed coinholders BS. The business plans are not commercially viable. It is little wonder some governments are anti ICOs.