Theres no way LINK marketcap can get that high!

Marketcap is a metric to compare the current value of similar assets. Market cap is an extremely important metric. You’re literally retarded user.

If I release two coins that are exactly the same except one has a total supply of 100 and the other a million do you think their prices will be the same? Want to make a bet? What does the price of either coin tell you if you don't know the supply? Absolutely nothing.

Volume and order book depth give some idea about buying pressure, ignoring spoofing/wash trading etc.
I can print 10 trillion ERC20 tokens and sell one for $1 and boom, $10 trillion market cap. There's your "extremely important metric".

Its the worst metric there is

>I can print 10 trillion ERC20 tokens and sell one for $1 and boom, $10 trillion market cap.
What an amazing insight, I'm sure nobody has ever thought of that.
In practice your example only works if all but one of 10 trillion tokens were locked, not accessible on the markets and then the liquid market cap is $1. If buyers know there are 10 trillion locked tokens to be released at an unknown future date buying one for $1 now when only one is available is likely a bad idea unless you have reason to believe there will be demand for 10 trillion tokens at a higher price.

Price alone is much worse. It contains no information at all unlike market cap.

>market cap
>currency

lets see the market cap for copper, oil and the spanish peso

there's no reason to measure the market cap of commodities and currencies. They're too big.

Exactly. Thats why the argument against XRP that “the market cap can’t possibly be that high!” Is brainlet tier fud. It literally is an irrelevant form if measurement for maturing markets.
2KEOY

None of that addresses my point that market cap is just a crude multiplication that only gives partial useful data at best. The fact you start breaking it down into semantics like "liquid market cap" proves my point.

price dictates mcap. not the other way around brainlet.

>lets see the market cap for copper, oil and the spanish peso
Are you braindead plants implying that if the supply of copper increases that doesn't affect the price? What the fuck is wrong with your brains?
You have no fucking point. You're arguing that ignoring information gives you a more accurate picture of reality. This is the dumbest arguments imaginable and you're only making it based on some idiotic copium about your shitcoin.
Supply and demand dictates price. Market cap gives an indicator of both. Price alone gives an indicator of nothing. NO INFORMATION AT ALL IS INCLUDED. Why aren't you capable of grasping basic reason?

>LINK takes 2 months to recover 30%
>XRP rockets 30% in a single day

How do LINKcels cope with this?

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ok i'll play your little game. what does the mcap say about XRP?

It tells you what the current price times the supply is. If you can't grasp that supply is relevant to price formation you need serious help that I can't provide. Read basics of supply and demand, play around with shitcoins and notice the relevance of the supply. A shitcoin with low supply reaches higher prices much easier. Your NPC non-logic couldn't predict this pattern that reliably repeats across every shitcoin. Your logic only allows you make random claims about price you grab out of the air based on nothing while you brag about 30% gains to someone who made 4000% this year.

what the fuck are you on about retard? who's making 30% gains? i'm all in LINK.

They will both be worth zero

depends on who releases a coin for what

If you were honest thinkers you would honestly try to understand the point and that the thought experiment assumes the same non-zero demand for both coins but you're not honest men. You're lying kike rats.
I'm answering your fucking question you subhuman NPC pricefag. It's honestly hard to imagine a dumber argument than this shit. Trying to empathize with how your useless brains work or rather don't work is making me physically ill.

you did not answer my question but good to know you're not worth my time and are worthless. jesus fucking christ so sick of these normies surfacing too late in the game.

XRP's market cap was 130 billion or something during the last bullrun.
That would put link at $330 or something.

>takes 3 years for a 15c rise

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