A $0.05 coin can be more expensive than a $50 one. 🧠
The difference is in how many coins are in circulation.
• 100 billion tokens at $0.05 = $5 billion in market capitalization.
• 10 million tokens at $50 = $500 million in market capitalization.
The second project has a per-coin price that’s a thousand times higher, but a market cap that’s ten times lower.
That’s why, before thinking “if it hits $1, I’ll cash out,” it’s worth calculating what valuation that implies and how many tokens are left to be unlocked.
Paying pennies doesn’t make a coin an opportunity.
Have you ever bought a crypto because it seemed cheap? 👀$BTC
The difference is in how many coins are in circulation.
• 100 billion tokens at $0.05 = $5 billion in market capitalization.
• 10 million tokens at $50 = $500 million in market capitalization.
The second project has a per-coin price that’s a thousand times higher, but a market cap that’s ten times lower.
That’s why, before thinking “if it hits $1, I’ll cash out,” it’s worth calculating what valuation that implies and how many tokens are left to be unlocked.
Paying pennies doesn’t make a coin an opportunity.
Have you ever bought a crypto because it seemed cheap? 👀$BTC
