I can imagine Illuvium's market cap 10xing, sure. If it gets adoption and attention.
It's very important to understand market cap. Market cap is price per coin x coins in circulation. So technically, I could make a coin with 10 trillion in circulation, sell one to my mom for $10, and claim to own $100 trillion market cap asset. Many people misunderstand this. So when a market cap increased by $1B, it doesn't necessarily mean that $1B was pushed into that asset.
the asset just needs to prove itself to get to that “logical” market cap and then boom, it’s fine
Ive also posted this under





