Bitcoin Forum

So it seems getting on coinmarketcap.com is not possible anymore if your coin is small/new... there is now a questionnaire for adding a new coin where one of the questions is "Does the cryptocurrency have at least 10,000 USD equivalent of daily trading volume on exchanges?".   if you answer "no", it tells you your coin does not qualify for listing.    ???   i wonder if they will eventually get rid of all the hundreds of low volume coins already on their site.

it must be a lot of work staying on top of all those coins so it's hard to blame them for not wanting to add every random piece of crap.

lots of coins have gone from nothing to a ton of volume in a very small amount of time though. and if someone was applying on behalf of their pet coin they bump the volume by buying and selling to themselves.

Man, if a coin doesn't do $10k daily in trades, it's pretty small potatoes and probably doesn't deserve to be listed on that site.  What's the big deal, anyway? You think that question is unfair?  I don't think it's unfair.  Half the shitcoins in existence should be flushed down the shitter, whereupon they would never be missed.   Even the bigger ones.

In my opinion this is good step from Coinmarketcap, they do not want to list every shitcoin that comes up every day in hope it will be pumped and dumped. I hope that they review every case if the coin has anything into it first and is already trading before adding into list.
+ They should clear their listings and should consist from smaller number of cryptos which have alreade prooved that they are usable and have decent user usage.

It's a good thing in my opinion. 10k volume is extremely small compared to other popular coins. At least this is going to help us put aside coins which are less popular and might die soon.

I just figured they had grown into being the defacto spot to go see all coins that were listed on any market.   Since that will no longer be the case, someone needs to step up and create a site that lists all coins that are not on coinmarketcap.  If no one else does it, I might take that on as a project.

Whoever takes that on will probably end up feeling exactly the same as coinmarketcap.

But you're right. People need a reference. I'm kind of surprised they're giving up but they know their stuff.

Good thinking go for it

I think this should have been done long ago. Doing this step might stop the launch of those scam ICOs where the owner only wants to run with the money. Getting 10k trades daily needs to have a good project and management behind the coin which then gives it value. Most of these scam ICOs do not even have a legible whitepaper. It's about time someone did something to lessen the ICO trend.

Is there any other resourse where I can check all coines listed on exchanges? It would be nice to have some kind of alert when a new coin hits exchnages.

Here is the startings of my site for low volume coins... http://lowcoins.com/

Interesting project as many new coins can't reach the 10,000 minimum limit required now from CoinMarketCap.
And they need their exposure and public.

How are you taking the alt prices? API calls to exchanges and matching all pairs?

Yes, API calls to exchange and getting pairs.

This is not good for the crypto market.

How else are small coins going to be found? CMC is the lifeblood to many small cap coins.
I personally used CMC to find projects I would not otherwise have found.

Is there any alternative?

This is understandable as coinmarketcap wants to stay as valuable website. There are some coins have $100 daily transaction but price is like $20. Doesn't make sense at all in terms of information.

Yes, great alternative is coinranking, even better UX:

https://coinranking.com/coin/tokenloyaltyio-loyal

I dont know how new coins can get a DAILY trading volume of 100K $. Only the 200 bigest coins have that from over 1000 on their list.
I really dont understand the policy.

So they should say. We list coins when we want.....  ???

I think this is a very good decision taken by coinmarketcap as it will help get rid of unstable coins which are causing congestion in the system. This step might stop the launch scam ICOs. Getting 10k trades daily needs to be a good project and strong management team behind the coin which gives it value.

You need 100k trades daily.....

In a global scale, you are certainly right. But this complicates life. Now you have to look for the exchangers yourself to sell the coins that were received from the bounty.

I just wanted to point out, I found this thread by researching the same subject.

The two projects above "Coinranking.com" and "Lowcoins.com" started off trying to solve this problem.

Take a look today, and they have similar requirements as CMC.  Oh the irony.

So for small coins use https://coinlib.io/

They list all coins with an actual trading volume that is no scam.