SONM chart confusion (coinmarketcap)

[Probablyaplatelet]

I´ve seen this before but never figured out what it means.
The market cap is way higher than price right now on the chart for SONM. Anyone know what that means?

https://coinmarketcap.com/assets/sonm/#charts

[Str1x]

331,360,000 SNM x $0.078012 = $25,850,089 So coinmarketcap is accurate. Don't know what you mean else by that question.

[MiBambino]

It's accurate, my friend, no worries

[Probablyaplatelet]

I was just staring at the graph which displays a mountain of a market cap on my computer. But yeah, the numbers add up. Thanks for clearing up my brain fog 

[krazy89]

 

[MiBambino]

I was just staring at the graph which displays a mountain of a market cap on my computer. But yeah, the numbers add up. Thanks for clearing up my brain fog 

Haha no problem mate

[bengems]

Sonm is another Russian scam, I regret buying it. The price has been below ICO price since week one of its release

[MiBambino]

Sonm is another Russian scam, I regret buying it. The price has been below ICO price since week one of its release

That's because they made a mistake during the ICO, doesn't mean their product is bad. If you can afford to wait, wait and hodl, it could blow up any day now

[krazy89]

Sonm is another Russian scam, I regret buying it. The price has been below ICO price since week one of its release

price below ICO = scam 

[rayk]

Coin market cap sometimes may make mistakes about market cap or price of coins though there is no mistake related to sonm now. It's dangerous especially when market is in crisis.

[MiBambino]

Sonm is another Russian scam, I regret buying it. The price has been below ICO price since week one of its release

price below ICO = scam 

LOL price below ICO = pre ICO investors dumping or bad marketing