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Author Topic: Now more than 2000 crypto currencies on coinmarketcap  (Read 391 times)
cryptjh
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September 26, 2018, 10:31:09 AM
 #1

Within the last few hours, coinmarketcap have reach a new mile stone, coinmarketcap now keeps tracks of more than 2000 different crypto currencies, around 10 new coins was added just today.  Coinmarketcap now have 2003 crypto currencies.
Acceding to coinmarketcap historical snapshot there where 1055 coins around this date just a year ago. And 637 coins around this date two years ago.
https://coinmarketcap.com/
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September 26, 2018, 10:51:59 AM
 #2

Some of those coins are just shitcoins. CMC should remove those inactive cryptos so that newcomers won't be confused and won't create unnecessary blunder specially when investing into altcoins. If only we just focus on few cryptos I guess there will be less FUD and more adoption. Some of those shitcoins created doubts to new players in the crypto market because most of them are just launched for the devs to profit.

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September 26, 2018, 10:57:12 AM
 #3

Within the last few hours, coinmarketcap have reach a new mile stone, coinmarketcap now keeps tracks of more than 2000 different crypto currencies, around 10 new coins was added just today.  Coinmarketcap now have 2003 crypto currencies.
Acceding to coinmarketcap historical snapshot there where 1055 coins around this date just a year ago. And 637 coins around this date two years ago.
https://coinmarketcap.com/

While crypto markets are spreading vastly, we need to ensure security and that no crypto scams exist. More power to cryptos.

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September 26, 2018, 10:59:14 AM
Merited by gentlemand (1)
 #4

Worth mentioning that list includes 1,103 tokens, so more than half of total cryptos. Also, if CMC was to remove all the low/unknown volume ones that would take out big portion of it. ~30% of the listed have 24h volume of less than $1k.

On the flipside, number of dead coins is also growing:
https://deadcoins.com/
https://www.ccn.com/research-over-1000-cryptocurrencies-are-dead-projects/

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September 26, 2018, 11:10:20 AM
 #5

That just shows how famous blockchain and cryptocurrency has got all over the years to attract that many developers(and scammers) to develop many tokens and shitcoins. In addition to that, it is also worth mentioning that most of the 1103 tokens coinmarketcap keeps track to runs on ethereum blockchain using smart contract and on other coins allowing easy creation of own altcoin in form of tokens like waves.
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September 26, 2018, 11:10:30 AM
 #6

Yes it is very important effective information. About 2000 coins in cryptocurrency market cap. First position is bitcoin, but now bitcoin is in falling position and show red signal.

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September 26, 2018, 11:19:14 AM
 #7

Some of those coins are just shitcoins. CMC should remove those inactive cryptos so that newcomers won't be confused and won't create unnecessary blunder specially when investing into altcoins. If only we just focus on few cryptos I guess there will be less FUD and more adoption. Some of those shitcoins created doubts to new players in the crypto market because most of them are just launched for the devs to profit.
Yes, I also agree with you. Coinmarketcap should start removing coins that have become shitcoin, with a small trading volume. some coins that do not have trading volume on the exchanger will be better if there is no marketcap coin listing
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September 26, 2018, 11:57:21 AM
 #8

there has been a lot more altcoins than 2000 for a long time now. it is just that coinmarketcap.com does not list all of them for some weird reasons that nobody has yet figured out publicly.
for example there are projects now that have been trying to have their coins listed there but never got any answer while shittier coins were already listed before them!

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September 26, 2018, 12:32:40 PM
 #9

And the number that have a working product and a real world use is in the single-digits.

What a joke the altcoin market is. 2000 coins/tokens, 100 billion dollars, and barely a competent team or working product between them. And more scam ICOs appearing every day, and more newbies losing their money by blinding sending it to the next project that promises impossible returns.

First position is bitcoin, but now bitcoin is in falling position and show red signal.

No it isn't. Bitcoin dominance is between 52-56% this month, which is the highest it has been all year.

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September 26, 2018, 04:46:00 PM
Last edit: September 26, 2018, 09:33:17 PM by Mpamaegbu
 #10

Worth mentioning that list includes 1,103 tokens, so more than half of total cryptos. Also, if CMC was to remove all the low/unknown volume ones that would take out big portion of it. ~30% of the listed have 24h volume of less than $1k.

On the flipside, number of dead coins is also growing:
https://deadcoins.com/
https://www.ccn.com/research-over-1000-cryptocurrencies-are-dead-projects/
It is also worth noting that there are cryptos existing in low volumes and in cheap exchanges that are not yet listed on the CMC at the moment.  A case in point is the so many cryptos listed on a certain exchange called Cryptohub reputable for housing shitcoins. On a brighter side, I think more coins should come on. The more we have them, the better an option we will have.

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September 26, 2018, 04:48:06 PM
 #11

The market has a very large number of coins due to the fact that the cryptocurrency makes it possible to develop very good openings and technologies and I do not see anything in this the more so on the coinmarketcap get coins with a turnover of more than 100k. I think that this bar can be raised.

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September 26, 2018, 04:52:40 PM
 #12

Maybe that's why many people lose their money because of these ridiculous projects. This causes negative advertising for the crypto world. New investors are also affected by this, unfortunately, they are approaching this market.

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September 26, 2018, 04:55:03 PM
 #13

Well,thats nothing to compare with stox market.Still enough place to grow.And thats only one maket
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September 26, 2018, 05:02:22 PM
 #14

Some of those coins are just shitcoins. CMC should remove those inactive cryptos so that newcomers won't be confused and won't create unnecessary blunder specially when investing into altcoins. If only we just focus on few cryptos I guess there will be less FUD and more adoption. Some of those shitcoins created doubts to new players in the crypto market because most of them are just launched for the devs to profit.


No, they should keep every dead coin and token, so new people can get a good perspective of how many projects that managed to get listed have actually failed.


Worth mentioning that list includes 1,103 tokens, so more than half of total cryptos. Also, if CMC was to remove all the low/unknown volume ones that would take out big portion of it. ~30% of the listed have 24h volume of less than $1k.

On the flipside, number of dead coins is also growing:
https://deadcoins.com/
https://www.ccn.com/research-over-1000-cryptocurrencies-are-dead-projects/

You can easily exclude tokens on CMC. I think it's ok that they list them all together because as long as they get exchanged for dollars and can hold all the properties of normal coins they are almost indistinguishable.

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September 26, 2018, 05:11:44 PM
 #15

That's why crypto market still is not stable, many of that projects offer nothing. Therefore Btc and major crypto token will eliminate those kind of projects.

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September 26, 2018, 05:12:15 PM
 #16

lol now 2000 alternatives o the Bitcoin core.......
But mainly the most of these coins are NOT decentralized.
So for me there is only a few coins like monero interesting but mainly iam still going with Bitcoin.



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September 26, 2018, 05:13:15 PM
 #17

Do all of those coins I think you have to reanalyze because not all in coinmarketcap are coins but there are many tokens listed on coinmarketcap.
of these, there are also coins and tokens that are not active in the market. I think the coinmarketcap must delete some coins and tokens that are not active.

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September 26, 2018, 05:16:55 PM
Last edit: September 26, 2018, 05:30:44 PM by palle11
 #18

And the number that have a working product and a real world use is in the single-digits.
This is exactly what it is. Shit coins everywhere, no value, no purpose, just being counted as altcoin.

Do all of those coins I think you have to reanalyze because not all in coinmarketcap are coins but there are many tokens listed on coinmarketcap.
of these, there are also coins and tokens that are not active in the market. I think the coinmarketcap must delete some coins and tokens that are not active.

I don't think he is the one that put them there. If they are not  qualified as coins, they are qualified as cryptocurrency and CMC means, Cryptocurrency Markets Capitalization.

However, I support your view that those that are obviously moribund should be deleted.

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September 26, 2018, 06:01:57 PM
 #19

Coinmarketcap now have 2003 crypto currencies.

Number One: Bitcoin

Last altcoin: EliteShipperToken


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This is a pure scam. They used other people's photo & said that it's their team. Huge scam. Now they are trying to tackle the price by the Ethereum they got during ico/selfdrop. Please DYOR before invesing in this scam project.

Well, we have many altcoins that are just scam


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September 26, 2018, 06:31:00 PM
 #20

Not all of those who are in the CMC are good coins, so coinmarketcap should have removed them too, I hope that those who will run for a year or so will have the chance to just stay  and be in the coinmarketcap, but still good thing we have CMC to check the coinmarketcap of each coins.
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