Thread by @Numerooo0

🧵The ultimate thread on $CAP and why it's the most undervalued #memecoin right now at this price and why it's a must have into your wallet:

Let's start with it 👇

1/ What is @FakeMarketCap / $CAP:
Fake Market CAP ( $CAP ) is a conceptual artwork about the speculative crypto currency market and meme coins by @sterlingcrispin,

2/ But who is Sterling Crispin?
Sterling Crispin is programmer that worked with lot of companies such as @Apple and @Snap

3/ What's the point of $CAP ?
It invites viewers to reflect on its meaning and observe the feelings it evokes. In this way, it serves as a commentary on the speculative nature of cryptocurrency markets, the concept of market cap, and the phenomena of meme coins.

3.1 / How does the contract work:
Each time a coin transfers between a wallet or smart contract, the publicly reported total number of coins increases in an exponential fashion. Again, cap has a fixed supply but incorrectly reports an expanding supply.

4/ How many times we have been hunting coins for their Market Cap and started thinking "wait this might be already high at X Market Cap"
I think all of us calculates the value of a coin trought a market cap

5/ Big People have already the eyes on it, people such as @beeple showed at Sterling Crispin coin $CAP already a good vibe, indeed $CAP is a Art Token, Art is made for people to think about "something" and they can most of the time have their personal "thought" on it

6/ Let's talk about more connections:
People on coin most of time apes cause their favorite influencers has reply on it or let's say Elon Musk said something, but what if I tell you that @elonmusk replied once at @sterlingcrispin, exactly.. he did

Proof:

https://twitter.com/elon_alerts/status/1642053238999457792

7/ Just to let you think Yves Klein once sold empty space and gave a receipt in exchange for gold. The buyer could burn the receipt and he would throw half the gold into a river. It was made over 60 years ago and challenged how and why we assign value

8/ But what is the real market cap?
$CAP has a fixed supply of 420,690,000 coins. Each time a coin transfers between a wallet or smart contract, the publicly reported total number of coins increases in an exponential fashion.
The real market cap at this price 0.001826 is 770k

9/ The bug and the genie:
bugging @etherscan and showing fake supply, just think about @VitalikButerin looking at this and his face will be like "ok wot is dis"

10/ We will soon see new highs and lot of Newspaper and Blogs like @CoinDesk will talk about it as a Meme Coin that is able to let people think about the fake market cap that will be over 999B surpassing $BTC and $ETH

11/ Conclusion:
This is for me the most undervalued gem into the Crypto Space, again a 100% Doxxed dev with connections, setting up spaces each day to explain to new people how $CAP works, we are not talking about a anon dev on telegram

11.1/ Sterling showed up a good connection and trasparency between investors and art lovers, indeed this is the first time we see "ART" on a Smart Contract and not #NFT anymore

12/ Socials:
Telegram Group: t.me/capcommunitygr… DexTools: dextools.io/app/en/ether/p…
Website: fakemarketcap.com