Will this have any impact or not?

[TheClownSong]

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 is possible that this will be done to clear tokens that do not have transaction volumes to create an actual market cap value. The circulation of many tokens with a large amount of supply makes the market value of the cryptocurrency market cap biased.

[1715099774]

1715099774

[1715099774]

1715099774

[awik p]

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 is possible that this will be done to clear tokens that do not have transaction volumes to create an actual market cap value. The circulation of many tokens with a large amount of supply makes the market value of the cryptocurrency market cap biased.

right, like natural selection, where if a token has no volume so there is no trade in it, it will be deleted or delisted. and of course they are not profitable for the exchange itself, because there is no sustainable income for the exchange, because there is no trade

[cahbagus555]

I think that it`s good strategy to reduce scam projects on authoritative sites like CoinMarketCap, because inexperienced users can buy it and lose their money. These actions lead crypto community to be more honest and frank for new members

Agree, by removing projects that are indicated by pump and dump, will create a conducive investment climate for new investors in the cryptocurrency market. Coinmarketcap website is widely used as a reference data before investing and with accurate information, investors will be more confident to invest

[Wildwest]

If this is done then it is very good for the crypto space in the future, because nowadays many of us find dead coins in Coinmarketcap and if not in the fix it will be increasing, and if this is done then it will be positive impact for other crypto value that has been restrained by an obscure coin, we expect this problem can happen.

[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!

[XCANA]

Yes it will have impact, many look unto coinmarketcap to make decisions, they follow coinmarketcap rankings and details wholeheartedly, even new developers get mislead because of the exchange ranking on coinmarketcap, not all devs know fake volumes

Absolutely yes, there will be a hug positive impact which is a welcome development in the world of cryptocurrency. Those who have been known for volume faking should be start with and those shitcoins in the coinmarketcap should be remove and those coins aim at scamming the investors should be dealt with absolutely.

These guys have been doing bad things around the world of cryptocurrency and should be shown the way out. This move by Binance will help the world of cryptocurrency and will bring back the trust.

[Divinespark]

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.

[cytpoway121]

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?

Its in 2 ways if we reason it through, 1 is binance doesn't actually need to remove the projects.
There are terms guiding coinmarketcap and any defaulters will definitely be delisted.

We can just look forward to perhaps more stricter terms.

[thisnewcoin]

If this is done then it is very good for the crypto space in the future, because nowadays many of us find dead coins in Coinmarketcap and if not in the fix it will be increasing, and if this is done then it will be positive impact for other crypto value that has been restrained by an obscure coin, we expect this problem can happen.

You are right. Dead coins are making confused to the new people in the crypto industry! Therefore inexperience user can easily fall in shit exchanges trap by seeing their high rank in Coinmarketcap! CMC was doing a shady business for a long time by allowing these! But as Binance never compromised with the quality, so, I believe they will take an action against all those fake, dead, bot crypto projects!

[gweedo]

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?

Coinmarketcap is a coin and token tracker thats has good volume. We knew before a project can be listed there they are required to have specific daily trading volume CMC requires. I think CMC doing this already before even Binance doesnt acquire them. But I am be grateful if Binance would initiate removing those shitty exchanges that fake volume. Or their feature about reported exchanges. The data here shows manipulation which confuses traders with the active market price for each token and coin. I appreciate if they will start with these exchanges.

• p2pb2b
• latoken
• vindax

Can add more but these three really made a huge fake volumes on their list.

Go to coinmarketcap and look for a 24-hour volume of exchanges, you're sure to be surprised at them because so many bullshit exchanges are leading the way. I tried going through their website and found that they use bot trading, not too many people use those exchanges.

[TWW]

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?

Coinmarketcap is a coin and token tracker thats has good volume. We knew before a project can be listed there they are required to have specific daily trading volume CMC requires. I think CMC doing this already before even Binance doesnt acquire them. But I am be grateful if Binance would initiate removing those shitty exchanges that fake volume. Or their feature about reported exchanges. The data here shows manipulation which confuses traders with the active market price for each token and coin. I appreciate if they will start with these exchanges.

• p2pb2b
• latoken
• vindax

Can add more but these three really made a huge fake volumes on their list.

Go to coinmarketcap and look for a 24-hour volume of exchanges, you're sure to be surprised at them because so many bullshit exchanges are leading the way. I tried going through their website and found that they use bot trading, not too many people use those exchanges.

I guess now CMC is no longer accurate in providing information. I wonder why binance is eyeing CMC for them. hopefully, later it will get better because at this time we cannot see data that is truly real for us to measure making market analysis.

[bittick]

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 don't like the idea of Binance taking over coinmarketcap because coinmarketcap in the first place is meant to be on its own so that there will be fair treatment towards all projects in this space. In my own opinion, it is the duty of coinmarketcap to set out strict rules which will force out bad projects and those with low volume as well as enforcing exchanges to do the right thing, it will be tough but will be for the good of everyone.

If Binance manages Coinmarketcap, I think we will still be fair, do not worry Binance will abuse it because they are completely transparent. We can be confident and trust them, they have never let us down for years

CMC will be operating independently without direct intervention from binance. Im not sure if that will give a direct impact to the crypto but i just hope binance can remove all of the crap platforms that are still listed on the coinmarketcap. Maybe this will not affect so much but that's enough to bring back the golden time of CMC

[leeboy]

Binance is pushing forward transparancy but actaully they are big point of centralization. And now they are controlling big info hub

[Xampeuu]

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 don't like the idea of Binance taking over coinmarketcap because coinmarketcap in the first place is meant to be on its own so that there will be fair treatment towards all projects in this space. In my own opinion, it is the duty of coinmarketcap to set out strict rules which will force out bad projects and those with low volume as well as enforcing exchanges to do the right thing, it will be tough but will be for the good of everyone.

If Binance manages Coinmarketcap, I think we will still be fair, do not worry Binance will abuse it because they are completely transparent. We can be confident and trust them, they have never let us down for years

CMC will be operating independently without direct intervention from binance. Im not sure if that will give a direct impact to the crypto but i just hope binance can remove all of the crap platforms that are still listed on the coinmarketcap. Maybe this will not affect so much but that's enough to bring back the golden time of CMC

right, so many garbage tokens that cannot develop in CMC, as if they would only fill the cmc list without any clear contribution. with the credibility of binance, hopefully we can remove less good exchanges, so that less-than-quality tokens can be lost, so do not commit fraud against investors

[semobo]

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?

Probably they will change the criteria for a project to get listed on their website so it only depends on the site itself and how they wanted to go with their reputation with newly acquired website.But removing dead ad shit projects will not impact anything on the crypto space.

[masterrex]

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?

Impact? I think it has no impact on the market if CZ and Binance decide to clean the CMC by removing those shady projects that still listed in the platform instead it is very useful in the crypto industry to get rid of those unperformed and useless cryptocurrencies that still listed in CoinMarketCap database CZ must do that for the sake of the crypto industry.

[BlacksmithCorporation]

If that happens I think it will be a good thing for the cryptocurrency world. Eliminating weak projects and exchanges with fake volumes will help people have a better view of the market.

[Denreal]

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?

CMC requires a cleanup exercise. The platform needs to be sanitized of projects that are not contributing anything meaningful to the crypto space. Some of them are adding volume and they are fake. So, we need a situation where there will be real volume and real market cap, with functional projects and exchanges.
In a bid for newbies and new project team not to be deceived, there is a need for it.
When CZ final gets it, he knows what to do. Using his centralized power is what I will not support.

[Febo]

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?

They cant have different entrance levels for some then other. To get on CMC your coin need to be on 2 exchanges and have some volume on them. Every coin can enter CMC. But how coins are listed on CMC is diferent. They are not just by marketcap. They already have some categories. There should be way more. On CMC is everything. From apples to oranges.

[Sterbens]

I think CZ and Binance are controlling Coinmarketcap so this will be better and dead projects with low exchanges will be kicked too then this will have a good impact on crypto, people now to see prices on coinmarketcap therefore CZ will update CMC with a new concept (maybe)
The point is I want shitcoin and exchanges with bot volumes to be immediately off the CMC list.