What is the most important ratio in the crypto market?

[Don Pedro Dinero]

Most of us look at market cap as the most important one but many people argue that it is not a trustable ratio because of how many different coins can be issued.

I’ve been thinking if price per coin would be the most important one as it is not so easy to manipulate.

Nowadays bitcoin is number one in market cap and price per coin but imagine the flipping happens and bitcoin still has the highest price per coin.

Would you still say bitcoin is number one?

I take it that market cap is not so important if you have 1500 competitors, and increasing, many of them issuing a large number of coins.

What do you think about it?