what if there was a coin with a market cap of $5MM, but it actually only really had a market cap of 1MM

Noun 730 | Based & Optimistic Ξthereum Ξnjoyoor | founder @thenounsquare, Zero Rights Reserved Podcast (ZEROPOD.xyz) & the /yellow collective on Base | ⌐◨-◨ 🟡

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Probably because some crazy guy burned 80% of the supply

I feel like mcap at times is misleading. If there’s not enough liquidity then there’s no mcap