Why do Cardano memecoin market caps seem way way way exaggerated

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Why do Cardano memecoin market caps seem way way way exaggerated

Can someone explain? I’ve seen coins with a supposed 15mil ADA market cap drop 15% because one person sold 30k worth. Yes everyone talks about MC like it’s accurate.

Yohan Harsha Answered question May 13, 2024
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Bigger the liquidity pools the less the movement mate, if it has 1Million MK and $10 in liquidity good luck lol, if it’s like a decent ratio like 5% or more it’s probably fine sorta depends a bit

Luwis K Answered question May 13, 2024
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