Right, but the way many of the larger indexes calculate are based on total market cap as represented by (current price) x (total available supply).
I'm not talking about any actual change, i'm asking if this change was made to maximize placement on market cap coin leaderboards?
All coins will be available from the beginning, so nothing to do with marketcap.
http://coinmarketcap.com/
Look at NXT vs DRK
It makes no difference to market cap. XTS is just using a smaller unit of measurement.
An ounce of gold divided into two pieces will have same market cap as an ounce of gold divided into ten pieces.
To artificially inflate your market cap & so that you appear higher on coinmarketcap you have to get them to multiply the share price by more coins than there actually are.
-So for example Ripple had an artificially high market cap for a while as their share price was being multiplied by 100 Billion when only a 5-10 billion had actually been released.
- Auroracoin also had an artificially high market cap for a while as their share price was being multiplied by the total amount of coins there would be after all mining (and a full airdrop I believe.) When actually there were only a few thousand that had been released via mining at the time and no airdrop yet.
Darkcoin's & NXT valuations are fair relative to the amount of coins they have mined and released respectively.
(NXT I believe has some large initial whales so it's possible they could be withholding a market cap distorting amount from the market. However that is a separate issue, but whether NXT chose to divide their company into a Billion or a million shares initially as their standard unit of measurement makes no difference.)
Bitcoin for example has considered making the 'MilliBit' the new standard unit of measure, in which case there would be 13 billion Millibits, but making this change would not directly effect Bitcoins overall CAP.