Show HN: Crypto total market cap to stock ratio(cryptostockratio.com) just something I was always curious about but it wasn't easy to find, so had to build it myself. The last couple of days was definitely fun to watch :) |
Show HN: Crypto total market cap to stock ratio(cryptostockratio.com) just something I was always curious about but it wasn't easy to find, so had to build it myself. The last couple of days was definitely fun to watch :) |
But the absolute ratio is probably completely meaningless, because the crypto total market cap is nearly meaningless. I could mint a billion coins and I could probably get you to buy one for a dollar for fun. So the market cap is one billion dollars. What does that actually mean? Not much really. It has no relation to something actually worth a billion dollars.