Nemeski@lemm.ee to News@lemmy.world · edit-21 day ago'Dumping like crazy': Trump accused of 'rugpull' scheme now valued at $32 billionwww.rawstory.comexternal-linkmessage-square109fedilinkarrow-up1482arrow-down16
arrow-up1476arrow-down1external-link'Dumping like crazy': Trump accused of 'rugpull' scheme now valued at $32 billionwww.rawstory.comNemeski@lemm.ee to News@lemmy.world · edit-21 day agomessage-square109fedilink
minus-squareStupidBrotherInLaw@lemmy.worldlinkfedilinkarrow-up12·19 hours agoI read your comment, thought it’s impossible that you’re right, and took a beat to verify. You’re entirely correct. Crypto truly is this stupid.
minus-squareBuddahriffic@lemmy.worldlinkfedilinkarrow-up3·15 hours agoThe same method is used to determine market cap of publically traded companies. Whatever the most recent trade price was * total number of shares = what the company is supposedly worth.
I read your comment, thought it’s impossible that you’re right, and took a beat to verify. You’re entirely correct. Crypto truly is this stupid.
The same method is used to determine market cap of publically traded companies. Whatever the most recent trade price was * total number of shares = what the company is supposedly worth.