Sorry but i do not fully agree with you. On the one hand if you are looking for short term trading you are totally right - in this case market cap would be more important than the price of a coin
But on the other hand long term investors should not care about it (or at least don't use it as key indicator)
The market cap is rising over time and so it is still possible that high value coins doubles their prices.
Just think about what the market cap was like a year before and what it is now
ok
I see - could be that i misunderstood your point :-p
It is just kind of an emotional topic because people always saying this or that coin never reach 1$ because of the supply - what is simply wrong ;-)
happy to help