I understand crypto is in bear market and all asset prices are sliding, but why is FX/PX losing crypto market cap rank?
Start of this bear run, FX was around 160 rank, then it dropped to around 250 and was there until recently. Now it is at 373. Considering inflationary nature of FX, market cap should benefit from increasing circulating supply? Also PX slid from 150 to 200.
I think this is concerning, thoughts ?