ADA, HBAR , and XLM to name a few that have BILLIONS in market cap and have tons of buyers each day?

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ADA, HBAR , and XLM to name a few that have BILLIONS in market cap and have tons of buyers each day?

But new coins can come out right off the bat and pass their prices with ease and have way less market cap and volume . I never understand stand this . Trumps meme coin which has absolutely ZERO uses sits at $10 these days ……why are some coins worth 10X or even 20X more than coins I mentioned up top? Is this price manipulation?

Hasitha Jayaweera Answered question
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Not easy to move the price of coins with an already huge mcap. We also still got no real alt season this cycle (except a few selected coins) and I am still skeptical if we even get one. But proper alt seasons happens at the end of the cycle, when BTC topped or nearly topped and ETH already outperforms BTC. And at the moment neither of this is happening. Gotta watch ETH/BTC chart closely. When ETH starts outperforming BTC I think we see more movement in the altcoin space.

Hasitha Jayaweera Answered question
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