So both forks worth more 6mo in than they were immediately after split; sounds like actually supports idea forking for a good reason can be value accretive..
The "market cap" of a currency is kind of a weird concept to begin with. It's based on the presumption that you could buy every single unit of the currency at the current market price, and that the currency would still even have meaning afterwards. It's a gross approximation at best for a stock; for a currency, it's absurd, and even more so for one with a market as shallow as a cryptocurrency.
londons_explore|6 years ago
I wonder what the market cap would be if you only count coins which have seen at least one transaction since the fork.
duskwuff|6 years ago
The "market cap" of a currency is kind of a weird concept to begin with. It's based on the presumption that you could buy every single unit of the currency at the current market price, and that the currency would still even have meaning afterwards. It's a gross approximation at best for a stock; for a currency, it's absurd, and even more so for one with a market as shallow as a cryptocurrency.