Crypto market cap illusion explained! 💥
What I call the “market cap illusion”, is the completely conceptual idea, that market cap equates to actual dollars. IT DOESNT
Market cap is simply a mathematical equation. The number you get as a result of that equation is not an actual dollar value.
Market cap = current price x circulating supply.
THATS IT.
So when someone’s says “that coin can never reach that price because the market cap would be way too high! There’s not enough money in the world for that!”
Tell them they don’t know what they’re talking about.
Price determines market cap. Market cap doesn’t determine price.
Coins like $XRP will be the coins to break this illusion. 😎
Of all the $XRP “influencers”….in my humble opinion— @MasonVersluis is one of the realest.
He will tell it to you strait and not let his XRP bias and the immense amount of hype surrounding XRP dictate what he posts albeit something very advantageous to do if your intention is to just get clicks and followers.
It’s easy to get clicks and followers by hype posting $XRP but to me that’s not providing real value. Sure it’s fun and almost everyone does it, but to a certain point all the hype creates completely unrealistic expectations and timeframes and affects sentiment a lot.
Mason posts valuable balanced information in a space filled with extremes.
“XRP is going to ZERO” 🫵😡
“XRP is going to $10,000 tomorrow at 7:23 am” 🫵🤩
Shoutout to Mason for keeping it real all these years.
BREAKING 🚨— Dipshit morons keep making blanket unsubstantiated claims for clicks and using grok to confirm true or false and keep getting rekt by grok when it proves their dumb ass click bait claims false.
@grok confirm true or false.