Here’s Why You Can’t Judge a Coin by Its Market Cap - by Kai Sedgwick

[nandibear]

Here’s Why You Can’t Judge a Coin by Its Market Cap
news.bitcoin.com
by Kai Sedgwick
February 15, 2018

Excerpt:

Ever heard of a coin called ucash? You should have. It’s in the world’s top 25 cryptocurrencies after all, based on market cap, placing it higher than stratis, omisego, and zcash. Making it to the hallowed heights of 21st, where ucash placed on February 12, calls for mainstream media coverage, a growing user base, and significant adoption you would think. As it turns out, ucash is an outlier – a nothing coin whose ascent is proof that you can’t judge a coin by its cap.

...

Read entire article: https://news.bitcoin.com/heres-cant-jud ... arket-cap/

[nandibear]

A better metric might be volume of usage.

I suggest Blocktivity.info

Blocktivity.info presents an alternative, and remarkable, method of determining the value of blockchains by observing the activity on the blockchain.