I like this a lot, interesting to track whether it goes up and down.
But the absolute ratio is probably completely meaningless, because the crypto total market cap is nearly meaningless. I could mint a billion coins and I could probably get you to buy one for a dollar for fun. So the market cap is one billion dollars. What does that actually mean? Not much really. It has no relation to something actually worth a billion dollars.
But the absolute ratio is probably completely meaningless, because the crypto total market cap is nearly meaningless. I could mint a billion coins and I could probably get you to buy one for a dollar for fun. So the market cap is one billion dollars. What does that actually mean? Not much really. It has no relation to something actually worth a billion dollars.