Ethereum Thought of the Day

in ethereum •  7 years ago 

Looking at GDAX. A mere $63,000,000 on the buy side would create an increase in market cap of almost 50%, which is about $50 billion. Obviously, there are lots of markets to trade ETH. But the point is, small sums of money can create massive increases in market capitalization. Be a ware of the flaws in this metric.

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