PACcoin makes 3rd place on CoinMarketCap with 33B market cap in front of Ripple and Bitcoin Cash (Calculation mistake!)
CoinMarketCap updated PACcoin information and, with the current circulation supply of 2,568,973,866,070 and with the price of $0.012918, it ranks 3rd place right after Bitcoin and Ethereum with a 33 billion market cap.
If this information was accurate, PACcoin would pass in front of some big players in the market like Ripple, Litecoin and NEO.
This happened due to a mistake in the circulating supply for the new PACcoin.
Like @philnewton said in the comments:
"The supply of coins has been reduced 1000 : 1, but this has not been updated on coinmarketcap, which is why the price looks ridiculous currently."
The supply of coins has been reduced 1000 : 1, but this has not been updated on coinmarketcap, which is why the price looks ridiculous currently.
Thanks for the info! Post updated :)