The market cap means exactly nothing in the case of tokens.
Anyone can create the gazillion coin, give some to small exchange to list it, make few transactions between 2 wallets and you'll have a "market cap" for all tokens in the gazillions...
But just try to sell let's say 5% of all bitcoins and see what the "real" price is going to be relative to the "market cap"
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[ 2.8 ms ] story [ 15.5 ms ] threadAnyone can create the gazillion coin, give some to small exchange to list it, make few transactions between 2 wallets and you'll have a "market cap" for all tokens in the gazillions...
But just try to sell let's say 5% of all bitcoins and see what the "real" price is going to be relative to the "market cap"