RE: Why You Should Not Compare Market Capitalization Between Different Cryptos!

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Why You Should Not Compare Market Capitalization Between Different Cryptos!

in bitcoin •  7 years ago 

@investingtips Great post. But don't you think it still makes sense to compare similar platforms/cryptos by market cap as an indicator? For instance, XRP vs XLM, ADA vs EOS vs NEO vs ETH ... etc? This just gives you a rough indication of the potential of some of these coins compared to market leaders within the same scope.

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Yes I agree fully with that, if a crypto is aiming at becoming a leader in the same industry as another and therefore could potentially gain the same amount of market capitalization within that industry as the other then market cap comparisons are fine, in my opinion.