coinmarketcap is meaningless
i can create a altcoin with 100 trillion pre-mined coins
sell just 0.01coin for $0.01
and create a market cap of $100trillion.. causing bitcoin to be less than 1% of the entire crypto market
all for the low low price of one cent
coinmarketcap is meaningless
OP's main post aside, that's a good argument to make if we're talking about low liquidity shitcoins, but we're talking about the decently-liquid bitcoin here.