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Title: Coin losing its marketcap Post by: Lucacrebbe on September 15, 2017, 11:17:12 AM What does it mean when a coin like SONM during the ICO collect 42 millions market cap and now it's at 21 millions? Title: Re: Coin losing its marketcap Post by: chikora on September 15, 2017, 11:25:15 AM It means that the coin has lost approximately half of its initial value. Polybius was 10 times cheaper on the exchanges after the ico. you are going to see this in majority of new icos because of the falling Bitcoin
Title: Re: Coin losing its marketcap Post by: alfstep on September 15, 2017, 11:48:07 AM It means that the coin has lost approximately half of its initial value. Polybius was 10 times cheaper on the exchanges after the ICO. Most probably you are going to see this in the majority of new ICOs because of the falling BTC. I also have the same question as the OP, does it mean the rest of the coins are kept by the Exchange? Does market cap means total value of the coin? Not the amount of coin itself? Because all this time I thought market cap is the total coin at the market. Title: Re: Coin losing its marketcap Post by: BitPorium on September 15, 2017, 11:56:12 AM It means that the coin has lost approximately half of its initial value. Polybius was 10 times cheaper on the exchanges after the ICO. Most probably you are going to see this in the majority of new ICOs because of the falling BTC. I also have the same question as the OP, does it mean the rest of the coins are kept by the Exchange? Does market cap means total value of the coin? Not the amount of coin itself? Because all this time I thought market cap is the total coin at the market. Title: Re: Coin losing its marketcap Post by: lokinator on September 15, 2017, 12:04:57 PM It means that the coin has lost approximately half of its initial value. Polybius was 10 times cheaper on the exchanges after the ICO. Most probably you are going to see this in the majority of new ICOs because of the falling BTC. I also have the same question as the OP, does it mean the rest of the coins are kept by the Exchange? Does market cap means total value of the coin? Not the amount of coin itself? Because all this time I thought market cap is the total coin at the market. Wow. :o :o It looks like both you and the OP should probably learn more about crypto and market based trading in general prior to investing in any of it. You're bound to lose a great deal of money with this kind of ignorance. Please, for your sake, do a few days or weeks of research (at least) before investing any(more) of your hard earned money. |