Hi. I’m struggling to understand the relationship between the balance of DIGG on my wallet and the marketcap of DIGG. The way I understood it was that since DIGG is a rebasing token, that the balance of DIGG on every address will shift up or down with every rebase. The rebasing is applied the same to every wallet, so in effect unless you send or receive DIGG your wallet should always have the same percentage of the marketcap of DIGG. I just did the math on my starting balance of DIGG vs my current balance of DIGG and it seems I’ve lost 75% of my worth in terms of BTC and 62% in terms of USD, while in the same period the marketcap of DIGG has returned to what it was when I purchased my DIGG.
So obviously my assumption of keeping the same percentage of the marketcap is wrong. I would appreciate some help in understanding why this is not the case. Thanks!