$40M mc. Less than $300K in liquidity. This is how crypto turns basic arithmetic into marketing. Take a thinly traded token, multiply its last traded price by the total supply, and suddenly you havve got a $40M headline. Except nobody has demonstrated that $40M can actually be realized. Comparing that number to a $40M trade isnt analysis. Itss comparing a price tag to purchasing power. A calculator can manufacture a valuation. Only a liquid market can validate it. https://t.co/p3ueVVvK1c
cho_cho ☁️Share
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.