Dan Romero pfp
Dan Romero
@dwr.eth
The price of a crypto asset matters if you own it already. It doesn't matter if you don't own it. It's downstream of market cap.
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seb pfp
seb
@seb
if they moved 1:1, I'd agree. but market cap doesn't evolve the same way a token price does, so it can't be a substitute both should be there, one acts as a buy reference point, the other an understanding of potential upside
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Dan Romero pfp
Dan Romero
@dwr.eth
> one acts as a buy reference point two assets same price market cap is 1000x difference price communicates nothing
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seb pfp
seb
@seb
the market cap can go up 20%, while the price doesn't move it's not a substitute if I buy the token at $1, I understand that if it goes to $2 I will have doubled my money, but can't say the same thing as market cap
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