SIRIN LABS Token
$0.07617 -2.88%
SRN · 19w

Question about the increase of Market Cap in March 5.

Hi out there. I do have a question about the Marketcap of SRN and i hope some pros could give me the answear. At historical Snapshot from CMC you can see that on March 4. there is a circulating supply of 98 Billion SRN Tokens. on March 6, circulating supply did increase to over 229 Billion. Of course the marcet cap did react. So far this is logic for me. But the price did not get affected. So if im right, this would mean if SRN reaches again his all time high of marketcap, the price would not be the same as at tzhe last all time high and only about half as high. Is that right? So that would mean SRN is not x10 away from ath, but only about 5x if you take marketcap as reference. Do i think the right way?
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