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RE: How we can believe in steem-engine data?

in #palnet5 years ago

Looks like you have gotten some good answers already. Want to point out that market cap on thinly traded stocks/tokens/coins all can be easily manipulated. There is nothing backing the "market cap" as it's just a snap shot number of total tokens X last trade price.

This doesn't mean that if people started selling all of their tokens anyone would pay this much, it doesn't mean that much has been invested, it truly means very little as a stand alone number.

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