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Author Topic: [GUIDE] CoinMarketCap. What is it?  (Read 122 times)
nev1d
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June 01, 2018, 03:46:50 PM
Last edit: June 01, 2018, 06:47:17 PM by nev1d
 #1

It's no secret that the site Coinmarketcap.com, tracking courses of cryptocurrency is perhaps the most visited resource in its industry. Beginners, traders, experienced investors and just curious, are familiar with this resource, and for most of us, it acted as the first source from which the acquaintance with all the world's variety of cryptocurrencies began.
On the Coinmarketcap service you can see various, the most significant data about a particular cryptocurrency (in particular, market capitalization, changes in the price and volume of supply in the market over the past 24 hours, the total number of coins available, etc.).

Let's move on to the interface of this site.

At the top, we see 5 points. I will designate them with numbers in the picture for a more convenient understanding.



1. This is the number of cryptocurrencies that currently includes the site. Please note that this is not the total number of cryptocurrencies that exist. Its only those that are on the site.
2. We will not dwell here. This is the number of markets, which exist now.
3. Here everything is said in the title. This market capitalization. Very interesting and useful function for traders and investors.
4. At this point, many were stuck. This is the daily trading volume of all the cryptocurrency.
5. The percentage that is occupied by Bitcoin capitalization





In the upper right corner you can change the language, as well as set a currency that is convenient for you.


The most important and interesting part of the site.



If you go from left to right, then the tabs mean the following:
1. A tab that allows you to switch between coins and tokens, if you put a filter on tokens, then projects appear that are currently implemented on a particular platform.
2. The volume of trades, with a ranking by the volume of daily trading, daily trading on specific exchanges, and by the volume of trading for the month.
3. The tab with the largest increase and fall in the last 24 hours, as well as coins that will soon appear on the site.
4. Tools. Of all I can note "Cryptocurrency Converter Calculator" bcs it shows actual prices.



We have finished with the main page. Now let's go to the page of the cryptocurrency itself. Let's pay tribute to Bitcoin and take him


1. Name, logo and symbols of the crypto currency.
2. Website - official website of the project
    Explorer - asset block browser sites
    Message Board - official forum or blog of the project
3. Price and change in the last 24 hours
4. The general capitalization of a currency.
5. Sales volume in the last 24 hours
6. The currency reserves, which are now in circulation
7. The maximum reserves of crypto currency that have ever existed
8. "Share this page" and "Add to Watchlist" buttons.



We move a little lower and see a completely different picture.



1. Charts - *see bellow*
2. Markets - exchanges or trading platforms on which this cryptocurrency is presented.
2. Social - the social networks of the project. Basically it's Reddit, Twitter, Facebook;
4. Tools - a customizable widget on the site with basic information about the cryptocurrency;
5. Historical Data - historical information,  about the state of a particular cryptocurrency for a certain time.



Perhaps I will finish this.
This guide will be obvious to experienced users, but beginners will need it more than ever.
Good luck to all.
The emergence of useful articles can be stimulated through +Merit  Smiley



You also can check other my topics.
Improve your knowledge of cryptocurrencies along with books!
How does knowledge of English relate to receiving Merit? 
Crypto currency. What is it?
Main information about the most popular exchanges!
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nev1d
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June 09, 2018, 08:36:01 PM
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What would you like to see in this topic? Perhaps something needs to be removed, but something to edit? Do not be shy, express your opinion

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June 10, 2018, 09:31:26 AM
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7. The maximum reserves of crypto currency that have ever existed

7. The maximum reserves of crypto currency that have ever existed will ever exist. The grammatical error in that part changes the meaning entirely. Saying "that have ever existed" would probably imply that the 21 whole million already exists(even though we're only currently at 17 million[1]).


[1] https://blockchain.info/charts/total-bitcoins

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June 10, 2018, 09:34:35 AM
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Let's move on to the interface of this site.

At the top, we see 5 points. I will designate them with numbers in the picture for a more convenient understanding.



1. This is the number of cryptocurrencies that currently includes the site. Please note that this is not the total number of cryptocurrencies that exist. Its only those that are on the site.
2. We will not dwell here. This is the number of markets, which exist now.
3. Here everything is said in the title. This market capitalization. Very interesting and useful function for traders and investors.
4. At this point, many were stuck. This is the daily trading volume of all the cryptocurrency.
5. The percentage that is occupied by Bitcoin capitalization
I like to explain more about market capitalization which in this case is the total market cap of the whole cryptocurrency market. Meaning every single cryptocurrencies and their market cap is added all together in order to form the Overall market cap which is $329,448,532,195. The biggest market cap of them all is of course Bitcoin which is the market leader in terms of market cap which is more than one third of the overall market cap.

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Everandi
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June 10, 2018, 10:04:34 AM
 #5

You might also include this link to your thread
https://medium.com/@coinmarketcapped/intro-how-coinmarketcap-cmc-manipulates-the-market-by-showing-fraudulent-information-to-the-c1246a953144
that shows, how CoinMarketCap manipulates a cryptomarket trying to get their profit from it
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