This is the sort of mentality a lot of folks have about mcap. That it’s the same across all assets, and that it matters. This is however, completely wrong. Mcap is just price * supply, which is not a useful number. People track volatility of tokens by mcap, which is dumb, because all they’re really doing is potentially tracking price volatility, with the added risk of being wrong due to inflationary/deflationary tokenomics. The reason it generally works out, at least currently, is because launchpads all generally use the same supply, starting price, and liquidity. Comparing pf tokens against each other generally works out for example. Comparing a pf token to doge or something though, is actually retarded and incorrect slop. For those of you who are not aware, it is possible to launch at any price, with any amount of supply you wish. You can start with a supply of 10 and the mcap is 10 billion if you want, it really doesn’t matter. This has been possible since 2021. As a test I launched one that started at around 86 billion one time, just to see how it went (poorly). Please be aware of what these numbers are that you’re tossing around to compare tokens. Mcap is deceptive and lacking useful info (supply, price, liq). It’s just a lazy slop number for the most part. The one situation where it IS useful, is where it’s often disregarded. At launch, if your mcap is very low, that’s how much the entire supply costs, so bad actors are going to be able to just completely destroy everyone. ~$100k is where it starts to level out and behave properly for a launch imo. Anyway, hope that helps some folks. The answer to his question is: it depends on liq, starting price, and distribution. Mcap is wiggly.
what’s the risk at 1m mcap
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