They are taking the full 98 Billion into account for that Market Cap, there are only 33 Million coins that were Mined through PoW these seem to not be distributed properly. Most miners may have gone away from SLR during PoW like I did seeing a 98 Billion Coin Pre-Mine structure in front of them. This reduces the profit for mining so I never even pointed my Rigs at SLR since I figured it will get trounced by Claims. So a few miners must have raked in the coin.
I am proposing a new structure to benefit the coin. If it is adopted this coin will become a PowerHouse. It will be the first of its kind by using the 98Billion minus the 33 Million PoW, Claims that would normally be handed out over 40 years and written into the Blockchain and instead these will show inside your wallet as Staked Claims Perpetually Locked down but representing your Solar Panel output in MWH at 1 SLR per MWH. The amount of your Claim will produce a better payout when combined with the coin you buy and put in your wallet during Proof Of Stake. The Proof Of Stake is being changed to Vericoin's model of POSt which includes Time of Staking online. This factor could see the Claim coin and use that in its computations to allow these wallets to participate in Network FEE reward during staking. If you don't have a Claim you don't get the added FEE reward while staking. The size of your Claim would also create your weight but also the amount of Coin in your wallet would offset also. These Staked Claims can also produce better PoS over a wallet that doesn't have a Staked Claim in it.
This is a revolutionary idea that I created to better this coin. It causes a stop in the Open Claim structure but rolls those claims into a Security Measure for every wallet that Claims must Stake their Claimed Coin perpetually even if they don't have any money in the wallet. The entrys are written into the blockchain and become property that shows an internal market cap of value representing the MegaWatt output of the Network. The way it is currently represented it makes the coins seem like Flight Miles. The way I want to represent the Claims are as if they are powering an ASIC inside your wallet during Proof Of Stake. Then it makes the coin worth more being that there is only 33 Million instead of 98 Billion and if my idea is implemented, now people will want to buy the coin when they claim since they will get better payouts on Proof Of Stake.
I tailor made this solution for Solar Coin and it really is about the only coin that could utilize this structure. You could do it with other things but Solar is Power and we don't want to use power just to secure the blockchain. So the representation will do it for us in Math and utilizing the Blockchain to its fullest potential now instead of 40 years from now and still require people to Stake who may just not want to participate since the price will only decline or stagnate.