Will this have any impact or not?

[Free1bitco.in]

It is better. so, not just any project can enter the coinmarketcap. sometimes some projects are quite proud to enter into coinmarketcap, but sometimes the development of the project only ends there. no other developments, and sometimes so much volume manipulation.

[joinfree]

What's going to happen if CZ and binance start getting rid of some projects on Coinmarketcap? Especially those with bad volume and Liquidity and also dead projects, because many are on coinmarketcap, what do you think this will do for crypto space? Will it have any impact or not?

It will certainly have an impact. I would not have to scroll through several pages when looking for coins I can invest in because I know after the clean up so many cryptocurrencies would be delisted from Coinmarket cap. Some folks see it as some form of centralization in this industry but I don't think so because i believe CZ together with his team are going to lay down some specific targets to meet before being listed on CMC.

[thiscomm]

I don't think binance will do that. because in the conference they held yesterday when the announcement of the acquisition of CMC, they said that CMC and binance would work in their respective fields.
so binance will not shift or delete coins that have been registered with CMC even though the coins are bad. binance has also said everything will work as usual there will be no influence between binance on CMC.

[ballerin and giroud]

What's going to happen if CZ and binance start getting rid of some projects on Coinmarketcap? Especially those with bad volume and Liquidity and also dead projects, because many are on coinmarketcap, what do you think this will do for crypto space? Will it have any impact or not?

That will give bad impact to all his reputation thus far, the people will only see the bad thing for someone act instead of they see to good act before. But I think they will never do that, binance is the large exchange and his reputation is good so far. Even I think they will build the coinmarketcap to the right path and reduce the bad thing from coinmarketcap before.

[poodle63]

It is better. so, not just any project can enter the coinmarketcap. sometimes some projects are quite proud to enter into coinmarketcap, but sometimes the development of the project only ends there. no other developments, and sometimes so much volume manipulation.

The listing requirement must be more complicated especially for those crap exchange sites must prove their volume and it must not be faked. There was a lot of people have been putting this as the main concern that must be solved by CMC as soon as possible. The fact that this will bring a huge impact instantly.

[thisnewcoin]

Honesty I am dying to see that action asap! I just can't bear the  P2PB2B, Vindax and other shit exchanges on high rank and thousands of token in CMC! Binance yet to control the Coinmarketcap, they will go forward slowly and I hope they will remove all those shit token, exchanges from the crypto market for sake to build a better crypto industry!

So many scam exchanges and altcoin scams are listed on coinmarketcap, it's really funny when we check the 24-hour volume of exchanges. Fatbtc, bilaxy, coinsbit ... these bullshit exchanges rank first in volume ... We need Binance to get rid of these exchanges as soon as possible.

Absolutely! As these shit exchanges on high rank, many new crypto enthusiasts don't know about real exchanges like Poloniex, Kraken, Bitstamp! We have Coingecko, Livecoinwatch and many more price tracking platforms, but those are not even mentionable before Coinmarketcap, it's the best tool to track coin's price, and every single crypto supporter knows this name! So, Binance is the owner of CMC already, so, they should remove those shady projects asap

[brokenrecords]

right now can be a golden opportunity to invest in lesser known coins with big potential.
For example TemTum is going to be announcing it's partnership with multiple nations to provide them with their blockchain as a backbone for their own stable national currencies.
once the announcements are made to the press, post-corona panic, I can see TEM going $1+

[Stanlo]

What's going to happen if CZ and binance start getting rid of some projects on Coinmarketcap? Especially those with bad volume and Liquidity and also dead projects, because many are on coinmarketcap, what do you think this will do for crypto space? Will it have any impact or not?

It's my dream to see this actually happens but there is no way yet to know if binance team and CEO will make this come true, truthfully it will help crypto space and scammers won't have a room anymore

[aemma]

What's going to happen if CZ and binance start getting rid of some projects on Coinmarketcap? Especially those with bad volume and Liquidity and also dead projects, because many are on coinmarketcap, what do you think this will do for crypto space? Will it have any impact or not?

I think there is more to this than meets the eye. The first question I asked myself was, why did coinmarketcap list those projects and exchanges in the first place, weren't they properly audited? Why aren't they cautioning exchanges to be straightforward after they have moved out of order? Or aren't they aware that most exchanges reports fake volume. As for projects, what are they doing about those with low volume. Although Binance going for coinmarketcap would be for their own benefits but yet I think it can help straighten out many irregularities in coinmarketcap.

[jessyj48]

Many bad exchanges need to leave coinmarketcap, also there are many bad projects on Coinmarketcap, I hope CZ will make that come to past in near future, this is one of the way to start bringing changes into crypto world

[xZork]

Coinmacketcap is a means for people to follow the market and observe the coins, but on coinmacketcap there are still many coins with fake transaction volume. That makes it difficult for investors in the cryptocurrency market.
If binance can eliminate some fake projects on coinmacketcap I think it will have a positive effect on the cryptocurrency market, it will be easier for people to observe the market so that they can make decisions.

[mersal]

What's going to happen if CZ and binance start getting rid of some projects on Coinmarketcap? Especially those with bad volume and Liquidity and also dead projects, because many are on coinmarketcap, what do you think this will do for crypto space? Will it have any impact or not?

Will give better guidance to the newbies if they are going to start trading based on the information given on coinmarketcap and not have any negative effect by delisting the projects which are dead or going to be dead soon.

[gundala]

What's going to happen if CZ and binance start getting rid of some projects on Coinmarketcap? Especially those with bad volume and Liquidity and also dead projects, because many are on coinmarketcap, what do you think this will do for crypto space? Will it have any impact or not?

We know that coin marketcap is used as a reference for cryptocurrency data tracking, it is neutral, and their team says that the data is based on available facts. Binance, we know that supported by a team of professionals who are quite active in innovating and caring in the crypto world, this will be an epic combination. I just hope that coinmarketcap will remain neutral, without any "influence" that benefits certain parties.

I want to go back to the condition where: the coins or tokens registered at coinmarketcap are really high quality.
If the selection and regulations related to this matter are tightened, surely the shitproject will not get a place.

[BeginToMine]

I will say CZ acquiring CMC is for a purpose and I think he really wants to restructure Cryptocurrency by ensuring every fake or leakage is being monitored and closed. CZ will ensure fake volumes and projects on CMC are taking down I do think and listing on CMC maybe tough in future for some projects especially projects from scammers

[pixie85]

W've already seen how listing coins on big exchanges can create FOMO and boost the price.

Coins that get delisted are dumped that's how it is. It's like getting or losing a partnership when you're running a company.
It's all to be expected.

The bad thing is that exchanges are abusing it to extort money from dev teams.

[bttmember]

I think as they have acquired cmc and they are the new owners so definitely we can see change in policy, design and also new changes can be expected. I think even if they delist few hundred coins it will not matter much because we have other platforms like coingecko etc that list almost any coin or token so if you need info about a low liquidity or dead coin you can browse to these platforms.

[inanilujimi]

of course if this is realized it will make it easier for users to find projects that are really active in crypto in order to avoid fraud that is now very rife.
binance is one of the trusted big exchanges so whatever they do will certainly get support from every user.

[betty11]

Dead project and misleading exchanges should have a bad review on coinmarketcap. If possible, an historical background should be given about the project and what they have failed to solve as outlined on their road map. This will help investors to make decision.

[ije07]

certainly very good for the cryptoqurrency industry again especially on the coinmarketcap site, if a dead project or a coin that is registered there has no further price development then removed from the list then this will greatly help investors and can reduce the list of useless coins there.

[NextDoor125]

It seems to me that, because the way the stability is progressing is really the ferocious, I am not a propagandist, but there is no hindrance to guessing, so I can say with you that it will be effective. which fact that will bring a huge impact instantly.