Simplistic ? No just reality ...name me one coin that has 1 BILLION in total supply / circulation that is over a $1.oo
The fact that most just look at price and don't consider other factors and call it Cheap is simplistic...other factors someone might consider....total supply of coins ..revs , profits ?
Name me one crypto that has 1,000,000,000 coins that is over a $1.oo
Once again good luck to you !
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Yes simplistic, looking at a single fundamental in isolation is incredibly simplistic. Markets aren't that simple.