LogFAQs > #953509820

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Forceful_Dragon 05/03/21 2:02:08 PM #306:	masterplum posted... Wait, am I reading this right that the market cap of Doge is 60 billion dollars. Yes, this is exactly why DOGE does not have room to go "to the moon", because there are so MANY tokens in circulation compared to other cryptocurrencies that there just wont be enough purchase power in existence for everyone to offload their tokens at high prices. Only a select small percentage will actually profit at prices much higher than it's currently at. --- ~C~ FD https://imgur.com/dGDfxaw <cite>Forceful_Dragon posted [p:953509820] in Stock Topi... [t:79419642]...</cite> <quote>masterplum posted... </cite> <quote>Wait, am I reading this right that the market cap of Doge is 60 billion dollars.</quote> Yes, this is exactly why DOGE does not have room to go "to the moon", because there are so MANY tokens in circulation compared to other cryptocurrencies that there just wont be enough purchase power in existence for everyone to offload their tokens at high prices. Only a select small percentage will actually profit at prices much higher than it's currently at. --- ~C~ FD https://imgur.com/dGDfxaw</quote> ... Copied to Clipboard!
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