Enterprise value is better than market cap. Market cap doesn't accurately reflect currencies, which is why they have M numbers like M2.<p>The point in this article is that, currently outstanding currency tokens relationship to future inflated outstanding tokens is wildly different between currencies, and not accounted for in the "market cap" measurement. Thus, what many should be looking at, and aren't, is the known future inflation of the particular system.<p>When you understand that you're going to be diluted, your current tokens ecosystem price should reflect that knowledge. Their suggestion for better understanding what the "value" of a cryptotoken should be understood as is good.