Real happy about that now? Why?
It was irony.
You need to look at the fact that there isn't the same level of support for Bitcoin and NXT. Bitcoin usually recovered within minutes of a dump, would NXT recover as well?
If you look at
http://coinmarketcap.com/ , do you really think that the market cap of NXT should be $71M?
The main criticism of Nxt is that it had a terrible initial distribution. I don't think anybody reasonable argues with that. But it is done, nothing to be done about it easily. How can be distribution be better? If initial big holders sell their Nxt. Many did. I myself bought in a few weeks after launch, it was around 60 satoshi. Don't quote me on this because I didn't check, but in the first few weeks 100-200 million Nxt were sold for cheap. Since then some of the big stakeholders sold more, some selling slowly continiously. This is good for distribution (not for the price rise). Others funded project developments. A serious amount of donations and bounties were given out, tens of millions. Yet others are invested their Nxt withing the ecosystem, buying various assets on the Asset Exchange (this is something that ppl outside of the nxt community don't see, but it's happening. Various business ideas, and developments are being funded). And there are some that didn't move more than a few Nxt in 7 months. It's possible that tomorrow one of them decides that that they dump everything and done with it, but I just can't see it. These are smart people.
So distribution are happening, more so than people not really familiar with nxt know.
As initial distribution was so bad, this takes time. Many in the community don't really care about price, they are happy when someone dumps a few million Nxt, it happened. It makes distribution better. Price don't rise that high, because when it does, someone dumps. This is not good for speculators, and people how make money on pump and dumps don't get into Nxt because of it. Because there is no point to pump, if there is a good chance to get dumped on.
This is why volume is low, and will be low until Nxt can be day traded.
But since when it is a bad thing that a coin can't be pumped and dumped? It's only bad if there is no other value to the coin. But that is not true for nxt. If you take the time and read some of the nxtforum.org, there is a great deal of development going on. Nxt is in it for the long run.
When distribution gets better, new services come online, anyone who wants to out will sell little by little. This will take a long time, more than customary in the crypo word, where everyone wants everything yesterday. But until then Nxt has time do develop, mature.
To anwser your question, I think market cap is high, because market cap is pointless, price however is low in terms of value.
I'm not a true believer, not a fanboy, not a FUDster, this is my objective analysis of the situation based on that I read practically every word written about Nxt since november. If I'd think Nxt is a scam, and will collapse, I would sell all my Nxt in a heartbeat, because I'm an opportunist first, and an idealist second. Yet, I have more money in Nxt than in all my other investments (cypto and real word) combined, and I'm holding, until I see real problems based on real information.