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Author Topic: CAP constant while price goes down?  (Read 86 times)
ImNoRobot
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October 06, 2017, 03:04:20 PM
Last edit: October 06, 2017, 03:22:00 PM by ImNoRobot
 #1

Hi guys, if you check SALT on https://coinmarketcap.com/currencies/salt/, you can see that the CAP stays up, while price goes down. If CAP=price*amount of tokens, then whats the reason for that? Have tokens been created or why does this happen?
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VanDerWaals
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October 06, 2017, 03:53:09 PM
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They probably release large amount of coin, that lowers the price and market cap stayed at its value.
ImNoRobot
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October 06, 2017, 03:59:27 PM
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They probably release large amount of coin, that lowers the price and market cap stayed at its value.

thanks for answering. so how can they technically just create/release new tokens, how does that process work? And why should they do that? I mean its firing inflation isnt it?
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