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@officialmcafee@CryptoCuban Volume moves the stock. High volume and low float is ideal, i agree. But high float and extra high volume will move a stock as well. Remember the psychological effect also of a stock valued at $15000. Who wants to own 0.1 share of a stock? Not me.
@officialmcafee How can you value coins by their circulating supply? My understanding is they are valued by Market caps, right? Even if circulating supply is 1 million but market cap is 1 trillion, that doesnt mean its a good buy unless its justified by the underlying asset.
@officialmcafee@CryptoCuban How can you value coins by their circulating supply? My understanding is they are valued by Market caps, right? Even if circulating supply is 1 million but market cap is 1 trillion, that doesnt mean its a good buy unless its justified by the underlying asset.