Post
Topic
Board Altcoin Discussion
Re: This is the biggest marketcap of all coins - bigger than all coins mc combined:
by
avikz
on 05/12/2022, 18:38:20 UTC
Hi guys, there is token called GELDC and it has the biggest marketcap of all coins
and if it gets listed at coinmarketcap dot com it
will be top 1 even in front of BTC and ETH and all the other low mc cap coins.

FYI (a gem in my eyes)


Market cap is a flawed parameter to measure a coin's performance! Let's assume you create a coin with 1 billion supply and you have sold one coin for $100. Then your market cap will become 100 billion US dollar. Regardless of the fact that you have only sold one coin.

So never judge a coin based on its market cap. Rather look for the daily transaction volume and the the volume traded in exchanges. That will give you a better understanding of a coin's performance.