Tokens that are doing well during this altcoin massacre — Steemit

[DaleyBTCNews]

Tokens that are doing well during this altcoin massacre — Steemit

https://steemit.com/bitcoin/@aaronmda/tokens-that-are-doing-well-during-this-altcoin-massacre

https://steemit.com/steem/@aaronmda/steem-order-book-setup-for-big-price-spike-on-bittrex-10-24am-june-11-2017

[mackenzied]

Tokens that are doing well during this altcoin massacre — Steemit

https://steemit.com/bitcoin/@aaronmda/tokens-that-are-doing-well-during-this-altcoin-massacre

https://steemit.com/steem/@aaronmda/steem-order-book-setup-for-big-price-spike-on-bittrex-10-24am-june-11-2017

I do not think this is a massacre, you are making the problem more serious, but in fact, it is perfectly normal.

[malami]

Tokens that are doing well during this altcoin massacre — Steemit

https://steemit.com/bitcoin/@aaronmda/tokens-that-are-doing-well-during-this-altcoin-massacre

https://steemit.com/steem/@aaronmda/steem-order-book-setup-for-big-price-spike-on-bittrex-10-24am-june-11-2017

I do not think this is a massacre, you are making the problem more serious, but in fact, it is perfectly normal.

Yeah we've had much worse days than today, ones where literally everything save for one or two coins are in the red by double digits.

[SMDCM]

Its only a massacre if you attempt to try to trade a sideways market

[NewalTurim]

I am just getting started right now. Probably good time, I hope

Anyway regarding Steem I noticed that the market cap is very high compared to the actual price per coin. However, I cannot really wrap my head around that. What might that mean or indicate?
I mean there are obviously a lot of coins out there making the market cap that high while the price is low. That suggest, in my opinion, that it is very unlikely for Steem to experience a high demand and the price becoming high. Did i get that right?
thanks already.