99.9% of the entire market cap you see in crypto is fake.
And the story with $OM, which dropped -93% in less than an hour yesterday, showed that loud and clear.
Why did OM crash? What happened? Who cares. It’s crypto. That stuff happens.
The most important thing to understand is — there’s no real money in the market. All that so-called “liquidity” is just a blown-up balloon, and the moment someone pops it — it’s gone.
Simple breakdown:
• OM had 690 million tokens in circulation at a price of $6.2
• Multiply that — you get a ~$6 billion market cap, ranking around 20th
• Yesterday, 17 wallets sold just 5% of the tokens — and crashed the price by -93%
• So they sold around 50 million tokens, totaling only $150–200 million
• And that’s all the real liquidity in a token with a $6B cap. Less than 5%!
And another question — who were they even selling to?
Liquidity = number of tokens × current price.
If no one’s selling and someone buys a bit — the market cap can show $50 billion, like with $TON, on just 200 trades a day.
Bottom line: market cap doesn’t mean there’s real money “inside” the token.
It’s just a number. On paper. 🧻
Take Bitcoin as an example:
• There are only 100–150K $BTC on exchanges right now
• Saylor controls 550,000 BTC
• If he decides to “market sell” — BTC could be $100 tomorrow
So don’t fall for the pretty numbers in the “market cap” column.
Every token is someone’s business. And when the time comes, they’ll sell — without blinking.
