The market cap means exactly nothing in the case of tokens.<p>Anyone can create the gazillion coin, give some to small exchange to list it, make few transactions between 2 wallets and you'll have a "market cap" for all tokens in the gazillions...<p>But just try to sell let's say 5% of all bitcoins and see what the "real" price is going to be relative to the "market cap"
"Just reaching out to note that [coinmarketcap] has [paccoin] ranked as #3 but is apparently using old pac as the multiplier which is incorrect." <a href="https://www.reddit.com/r/paccoin/comments/838i99/cmc_3_ranking_incorrect_multiplier/" rel="nofollow">https://www.reddit.com/r/paccoin/comments/838i99/cmc_3_ranki...</a>