New coins daily.. How do they do it?

[niteroy]

At coinmarketcap many different coins are represented and not all of them have fair trading volumes. Those coins that are at the end of the list are either weak projects or generally useless projects that met the requirements of the coinmarketcap to place their coins, but they could artificially increase trading volumes, capitalization and other indicators.

[Distinctin]

There are lots of coins and tokens being created on a daily basis, but not all of them get listed on exchanges let alone on an index and some are created as more a hobby for geeks or enthusiasts whereas others are created for professional purposes such as startups who want to launch their own utility or security token or community driven projects that want to launch a new innovation so determine what types you find most interesting and avoid the ones that aren't useful

As crypto evolves, some companies tried to create also their own coin for utility purpose which is not really beneficial to us. Of course investors won't invest them if it won't be applicable to their area. Now it came into the point that, for the huge numbers of coins in the market I may think that only 50% were just serve for its purpose and the others are just nonsense.

[Metall303]

At coinmarketcap many different coins are represented and not all of them have fair trading volumes. Those coins that are at the end of the list are either weak projects or generally useless projects that met the requirements of the coinmarketcap to place their coins, but they could artificially increase trading volumes, capitalization and other indicators.

but it is almost impossible to find out the truth about the volume or value of a coin right now. Of course, if you study each coin deeply, then you can find the truth, but I think that it takes a lot of time. It is better to invest your money in Bitcoin and not think about other coins.

[OptimusPrime_3]

I don't know how many of those coins exists on daily basis.  I ask myself same question and try to find out about some of them and do a research. Noticed some of them never had an ico or sto so probably I think they are self funded or something.

[TechComputer]

That website is actually a listing, and to list your coin there are so many reviews and terms before you can easily list your coin to the coinmarketcap.

[MadeinCoin]

That website is actually a listing, and to list your coin there are so many reviews and terms before you can easily list your coin to the coinmarketcap.

It seems that you did not follow the overall discussion. The criteria for the list in cmc are only 2. the rest, like volume etc, it's just addition.

[heritage35]

If you go to www.coinmarketcap.com/new/ , you will see that there are new coins added EVERYDAY..
and they have a decent market cap worth 1000's of dollars..
How do people just make there own coins that easy? and how are they raising so much money??
i mean like, whats stopping a normal person like me, doing the same thing.. just making a random coin and making thousands of dollars??
this is so stupid.. what is the need for all these useless coins?? when is it gonna stop?

Thinking of having or lunching a shit coin into the crypto space might not be the best option. I would urge you to work hard and try investing in good coins to make your profit.
Although, new coins might be seen being added on CMC, yet not everyone of them survive. Focus on coins with values and with time, all the shit coins will fade away.

[Loedong]

this digital era many companies are starting to adopt blockchain technology and I think they also want to produce their own cryptoqurency for their benefit, but don't worry, usually new tokens that won't have price developments will disappear by themselves.

[futile-resistance]

Because we are now at such phase of the market growth and I am sure at least 50 percent of all these projects would not survive after one year. The true brilliants have already released their products and are now working on network spreading.

It's actually higher than 50 percent, my guess is it out 10 that launch their ICO only 2 will have moderate success some of them will pause their project, some of them will just stop their crowdfunding and those who manage to get some funds will run away leaving the project abandoned ICO is in a sorry state.

ICOs in a sorry state and thanks to bad ICOs, I wonder why every cat and Dog has to enter the market with a bad project without doing their proper feasibility study on them. I think it is high time something needs to be done about this ICO in as much as they operate on a market that is not being controlled.

In fact everyone forum used in promoting them should also scrutinize the project being promoted before doing do though I know some even go as far as paying for reviews that are not genuine.

[spike420211]

If you follow the life cycle of most of the coins, you can see one recurring trend, most of them do not even go to the exchange, and those that do not have any volumes.

[VukotLy]

Despite the appearance of new coins, not all of them will be successful in the cryptocurrency market, and many will disappear altogether.
In order for the players of the market to invest in the coin, it must be tested by time and perseverance in the conditions of volatility.

[fosco333]

If you go to www.coinmarketcap.com/new/ , you will see that there are new coins added EVERYDAY..
and they have a decent market cap worth 1000's of dollars..
How do people just make there own coins that easy? and how are they raising so much money??
i mean like, whats stopping a normal person like me, doing the same thing.. just making a random coin and making thousands of dollars??
this is so stupid.. what is the need for all these useless coins?? when is it gonna stop?

I think the listed coin in coinmarketcap.com is not a new coin, thats why they already have marketcap.
A coin that just have been created won't have value, they need to create the project to gain value from others.
And if peoples trust the coin, they will buy the coin to support the project.

[modmalaney]

If you go to www.coinmarketcap.com/new/ , you will see that there are new coins added EVERYDAY..
and they have a decent market cap worth 1000's of dollars..
How do people just make there own coins that easy? and how are they raising so much money??
i mean like, whats stopping a normal person like me, doing the same thing.. just making a random coin and making thousands of dollars??
this is so stupid.. what is the need for all these useless coins?? when is it gonna stop?

I think the listed coin in coinmarketcap.com is not a new coin, thats why they already have marketcap.
A coin that just have been created won't have value, they need to create the project to gain value from others.
And if peoples trust the coin, they will buy the coin to support the project.

Yes, I agree with you that it is not a new coin but has been going on for a long time. And with the hard work of the team to continue to develop coins, so this coin can be entered in Coinmarketcap. I think this is good and now after they can enter Coinmarketcap, and this coin will compete with other coins.

[ariyzt]

actually that not new coin
that new coin in coinmarketcaps is old coin on market exchange
not easy to list on coinmarketcaps
you need to pass some requirement to list there

[Betwrong]

Who say coinmarketcap add new coin daily?? If you say new coins created daily that's right because so simple to make token, but for listing in coinmarketcap, there are so many requirment must to complete. Still many project since 2017 not list in coinmarketcap until now. I think easy just dont buy it if you dont agree with project

Although it is true that not just any coin can be added on CoinMarketCap, the OP is probably right regarding "new coins added everyday". There are 2,112 coins/tokens listed currently on CMC. Divide that amount by 365:

2,112 : 365 = 5.786

and we can see that a new coin could be added each day for a period of almost six years. But I agree with you that in fact more coins are created each day, and only a part of them are listed on CMC. What strikes me is that some scam projects manage to sell their tokens to their beguiled customers even without being listed on CoinMarketCap. That's not to say that presence of a coin/token on CMC is enough for a project to be trusted.

[Correlll]

Crypto currencies are representing a big raising trend in the whole world at the moment, thats why there are so much projects that want to get their own piece of pie. Within some time, a lot of project will be eliminated from this market.

[Jack_Sin]

I agree if the assessment is about ICO because it is so easy for them to get money even the concept is almost exactly the same as the previous ICO, but to be listed on CMC there are requirements that must be fulfilled and not all new ICOs have successfully registered with CMC

[bitcon]

It's becoming increasingly difficult to keep tab with the number of coins flooding the market every now and then. Many of these coins lack liquidity and no actual utility, you will find yourself at a huge loss if you invest in any of them.

It is too risky to invest in the unknown tokens. Many of them are created to be pumped and dumped. Thousands of investors lose money when buying them. I trust only first 100 altcoins and work with them.

[bitstalker]

ended when scammers who tried to deceive the masses stopped and also the cryptocurrency was completely extinct, but the main cause in my opinion was because it was related to fraudulent activities

[fulcare]

I agree if the assessment is about ICO because it is so easy for them to get money even the concept is almost exactly the same as the previous ICO, but to be listed on CMC there are requirements that must be fulfilled and not all new ICOs have successfully registered with CMC

Since you can copy paste the source code of every cryptocurrency everybody can create coins.