The capitalization of the marketcap is not real:
You kidding right?
The increase was produced by pumps and dumps of the shitcoins / altcoins.
so lemme ask, What causes the pump? is it the fiat traders send to exchanges to buy the coins or do they just send air to buy the coins?
1 shitcoin x costs 0.25 your maximum coins is 100.000,000 x 0.25 = 25,000,000$
Pump shitcoin x costs up 0.50 100.000.000x0,50 = 50,000,000$
And u seem not to understand how Market cap is derived... Market cap is
(circulating coins x price of each coin) This means the circulating coins are held by people who used their real money to buy the coin.
The rise in price is driven by demand, even if you think it was a pump... real money was used to buy those coins, not air.
When people decide to cash out, demand will fall, coin price will fall and the market cap will automatically fall. One thing for sure is Money in or money out of the market plays major role
I clearly know what am talking about.