Xen's 60% Drop Could Still Lead to a $5 Billion Market Cap in 2024

I'm contemplating a scenario where Xen experiences a 60% decline, yet the market capitalization reaches $5 billion within the year. This presents an intriguing paradox of substantial market cap growth despite significant percentage losses in value. Considering this, the key factors include the initial valuation, trading volume, and investor sentiment. A 60% decrease suggests major sell-offs or valuation corrections, potentially driven by market fears or macroeconomic factors impacting cryptocurrency investments. However, if the market cap still hits $5 billion, it indicates that despite the dip, the absolute valuation remains high, possibly due to prior gains or overall market growth. This scenario highlights the volatility inherent in crypto assets like Xen. Investors should be cautious, recognizing that sharp percentage declines can occur even when market cap appears large, often influenced by the total circulating supply or macro trends. Such a situation might reflect a risk-off environment where prices temporarily plunge but the asset retains substantial overall value, perhaps positioning it for future recovery or further decline depending on broader market dynamics.