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Why are Bricks marketcap so high?

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by COINS NEWS 81 Views

Didn't even know about Bricks but because of the Kraken listing I bought some, it seems there's quite some upward potential with Bricks.

I've never seen a coin like it where the marketcap is at around $20 million and the liquidity around $30K at least on Dextools, but there's different LP's it seems of the real Bricks coin, that I also don't understand.

Because liquidity is so low the price seems to rise super quickly and drops quickly as well. Moons in comparison seem way more balanced and like other coins I've seen.

Thanks to anyone who clarifies a bit how this exactly works with the high marketcap, just trying to understand better how that stuff works, appreciate it!

submitted by /u/Hell69Scaper
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