I'm still trying to figure out what al these garbage e coins are coming from? I still fail to understand where the money is coming from. It seems like money is created out of thin air. Do these kind of coins actually serve some kind of purpose or are they just a plain cash grab?
When you see marketcap it doesnt mean that this is how much money is inside of something. It just means these are how many coins there are (x), this it the price (y). Ergo, we have x * y = marketcap. Can be misleading
at times to beginners I feel because I originally thought it meant money inside a project too.