Right, the prices do not double, but the total amount that's accounted for does due to the newly-minted ICO tokens. We know the magiccoins aren't worthless because people just traded valuable Ether for them.
Right, the prices do not double, but the total amount that's accounted for does due to the newly-minted ICO tokens. We know the magiccoins aren't worthless because people just traded valuable Ether for them.
RE: How ICOs inflate the cryptocurrency market cap