Market cap is price times circulating supply, not the total money invested or the project's true value. Most crypto investors misunderstand this basic calculation and wrongly treat it as intrinsic value.
Chapters
The biggest lie about crypto is market cap because no one explains it properly. I explain it properly. I like— I actually have you in good hands on this channel so you actually know what's going on. Market cap is a simple calculation right here: the current price times the circulating supply. That's it. So you— we take the current price, which is 12 cents, then we take the current circulating supply and we multiply them. So it's just the token value times what's in circulation. That's it. That's all that matters. It— that doesn't have anything to do with how much money people are investing in the token. It's not a valuation, right?