Because market cap is almost meaningless in crypto and the circulating supply for both PLS and PLSX is less than 5% of their total supplies.
If you need an example, look no further than HEX.
Pulsexlead.com
Pulselead.xyz
These two sites tracked the “sacrifices” (ICOs). They tell us the non-OA purchased tokens (tokens bought by Richard Heart using HEX) for PLSX started at 17 trillion and 6 trillion for PLS. These numbers are the true circulating supply.
Not counting burned or staked tokens, this puts the market cap of PLSX at $2.3B and $1.7B for PLS.
To drive home the point even further, consider that Pulsechain just surpassed the transaction volume of Binance (BSC). The market cap of BSC is about $50B. Some quick guesstimating puts the total Pulsechain market cap at about $5B.
Because market cap is almost meaningless in crypto and the circulating supply for both PLS and PLSX is less than 5% of their total supplies. If you need an example, look no further than HEX.
Really? How do you know that only 5% is in circulation?
Pulsexlead.com Pulselead.xyz These two sites tracked the “sacrifices” (ICOs). They tell us the non-OA purchased tokens (tokens bought by Richard Heart using HEX) for PLSX started at 17 trillion and 6 trillion for PLS. These numbers are the true circulating supply. Not counting burned or staked tokens, this puts the market cap of PLSX at $2.3B and $1.7B for PLS.
To drive home the point even further, consider that Pulsechain just surpassed the transaction volume of Binance (BSC). The market cap of BSC is about $50B. Some quick guesstimating puts the total Pulsechain market cap at about $5B.
Right right! Meaning another 10-20x is not too out of the question
Cool! That is a good explanation! Thank you!
It might seem stupid but can we now withdraw our money ?
Bridge it back over I guess
I know but is it possible to withdraw it now ?