MARKET CAP doesn't matter!

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[JohnSmith-mkbw]

Best explanation!... I am so sick of hearing these bitcoinists and these other people who don't know anything. Saying xrp will never go over five dollars because of the cap.

[Cssaarr]

ok, forget about "market cap". The higher the supply of an asset is, the harder it is to move its nominal price up, because if you devide the number of, say, dollars (or euros, or whatever) that want to buy this asset by the number of units of this asset, the bigger the number of units of the asset, the lower the number you get. This is why it is easier for Solana, for instance, to reach a higher nominal price per unit than, say, it is for is this reasoning wrong?

[c.l.]

good clip 👍 thats a fact everybody in crypto should know, especially hexicans to have valid points in discussions and arguments😊👍

[LQ-gaming]

Who's pink haired bambi fwk bwoi? xD