AI
Tuesday, May 10, 2022 3:12:45 PM
the only thing that matters is market cap. i've said this repeatedly. buying a token for $5K market cap is insane, but so is $9K or $26K.
you can't buy a used car for that.
$513 is a $51.3K market cap. still kind of low, if people plan to hold.
but RNK is volatile, so it could pop and drop, repeatedly, until the holders overwhelm sellers. that's how all these SD tokens work, but the effect is amplified when supply is so tiny.
we had a SD token months ago with a supply of one token.
you can't buy a used car for that.
$513 is a $51.3K market cap. still kind of low, if people plan to hold.
but RNK is volatile, so it could pop and drop, repeatedly, until the holders overwhelm sellers. that's how all these SD tokens work, but the effect is amplified when supply is so tiny.
we had a SD token months ago with a supply of one token.
Join the InvestorsHub Community
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
