The myth of market capitalization in the crypto world 👇
The ATOM coin reached $0.001 on Binance

And within minutes, billions of dollars vanished as if they never existed 😱💸

The reason is that market capitalization in crypto is not real money, and there is no regulator on it; it is just a simple mathematical calculation

Number of coins × Last trade price

If a quick sale occurs at a low price, the market capitalization collapses immediately because the price is determined by the last transaction in the Order Book

So do not be deceived by high market capitalization; it is a theoretical number, not an indicator of liquidity or security