Sora (XOR) went up 129 million percent this week, which leaves it with projected market cap of 29,000,000,000,000,000.00 or 29 + Quadrillion. In theory it would have made anyone that holds it instant millionaires when it went up 129 million percent. Although there is no way anyone could cash that out.

I have always wondered whether or not Market cap really applies to crypto in a traditional sense, but i feel like this absurd example proves that it does not apply.

Point being, when someone suggests a coin can never get to x-value because then it would have x-market cap. It doesnt apply to crypto.

What do you think? Does it prove that it doesnt matter in crypto?

submitted by /u/Aromatic-Ad7987 [link] [comments]r/CryptoCurrencyRead More

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