Coinmarketcap or Coingecko?

[preikaler]

For example, I heard lot that P2PB2B is one of the bullshit exchanges because it has fake volume, but why on coinmarketcap can in the top 3?
Whereas on Coingecko P2PB2B is ranked 114, Does coingecko know if it's bullshit exchange? so it's not in the top 3 like in coin marketcap

So which one do you trust more?

[1715023632]

1715023632

[2february]

I do not believe both.
in fact, the CMC site is a trusted site and displays coin data accurately. and not much different from the CoinGecko site also displays coins, prices, and exchanges correctly. but over time everything turns to bullshit.

I don't really know the reason behind it, maybe there are no rules about it. but basically this is MONEY.
anyone who dares to pay is high, so he wins.

[BlackFor3st]

For example, I heard lot that P2PB2B is one of the bullshit exchanges because it has fake volume, but why on coinmarketcap can in the top 3?
Whereas on Coingecko P2PB2B is ranked 114, Does coingecko know if it's bullshit exchange? so it's not in the top 3 like in coin marketcap

So which one do you trust more?

Coinmarketcap is the leading site for crypto details but with regards to exchange details, I can say that you are right the shit exchange that are faking their volume were able to rank higher so it will be good if they can fix it. There is a big chance that there will be a better update to come especially that coinmarketcap has been sold already to Binance and I would like to see whether the incoming update will be fair enough to all the users.

I am not a coingecko user so I cannot comment more about them, right now I can say that I will favor coinmarketcap as I've been using it for several years already in gathering some useful information about the crypto currencies.

[Mpamaegbu]

For me, I like the ease of navigation on the CMC site more than that of coingecko. But that is where it all stops. I don't trust any of the sites more than I trust what I find on the blockfolio app. These sites are never completely accurate and real life more than the individual exchanges that house these tokens and coins. We're just laying hands on the sites just to have a rough idea of what the real prices are on the exchanges.

[kawetsriyanto]

I heard lot that P2PB2B is one of the bullshit exchanges because it has fake volume, ~

Do you know the proofs that P2PB2B really has fake volume? I suggest to not believe rumor till you get the proofs.

~ why on coinmarketcap can in the top 3? Whereas on Coingecko P2PB2B is ranked 114, ~

They must have different assessments. If you want to know the reasons in detail, you are better to contact their team members. I think what you are doing now will get nothing since we are here just guessing.

[ololajulo]

I visit Coingecko more than CMC, I can say I have more satisfying feature on the site than the other. Early in the year Coingecko proposes a better system that sort exchanges base on low visits and high volume trade; wash trading and fake volume. Coingeck has more exchanges featured on the site, it also provide more factor of comparison of exchanges than the other.

[pixie85]

I prefer coingecko.

One of the reasons for it is how easy it is to switch between currencies in which the charts and all coin values are shown.
I live in the EU so I deal a lot with EUR prices and need to follow these, but I also want to switch to USD views with one click.

The sites are really similar so there's not that many differences between them to make us not use one or the other.

[Denreal]

For example, I heard lot that P2PB2B is one of the bullshit exchanges because it has fake volume, but why on coinmarketcap can in the top 3?
Whereas on Coingecko P2PB2B is ranked 114, Does coingecko know if it's bullshit exchange? so it's not in the top 3 like in coin marketcap

So which one do you trust more?

I make use of these two sites, but i do not depend on them totally, because I have little trust in them.
They can actually provide very useful information, most especially the info that will help me in searching further for more answers to whatever I need.
Although at first, when I got into the crypto space, CMC was always my favourite, after some discoveries, coupled with recent happenings which people have been complaining of, the trust I had in them start diminishing and as for Coingecko, they are just like brother and sister.

[irixo10]

For example, I heard lot that P2PB2B is one of the bullshit exchanges because it has fake volume, but why on coinmarketcap can in the top 3?
Whereas on Coingecko P2PB2B is ranked 114, Does coingecko know if it's bullshit exchange? so it's not in the top 3 like in coin marketcap

So which one do you trust more?

Both are for the same purpose which is to help bring together crypto exchanges and projects but yet they aren't doing the job well. Everyone knows that exchange (P2PB2B) is not a good one but yet on coinmarketcap it is ranked top 3 which shows that they are not only faking volume but coinmarketcap is helping them to succeed when they shouldn't. Coingecko sometimes is good, it helps upcoming projects a lot and in the case of this particular exchange shows that coinmarketcap is wrong, however it needs more improvements to stand up to coinmarketcap.
The one I trust more; actually I have the same level of trust for them.

[rhomelmabini]

For example, I heard lot that P2PB2B is one of the bullshit exchanges because it has fake volume, but why on coinmarketcap can in the top 3?
Whereas on Coingecko P2PB2B is ranked 114, Does coingecko know if it's bullshit exchange? so it's not in the top 3 like in coin marketcap

So which one do you trust more?

Assessment is I do prefer coinmarketcap and regarding P2PB2B exchange I can't comment if they really are that fraud but just avoid it if you think they are besides there are hundreds of exchanges out there to rely on. Was the rumor true that CMC been acquired by Binance? What will be the effect really if they are the one to run it, will it be different from before?

[bittick]

For example, I heard lot that P2PB2B is one of the bullshit exchanges because it has fake volume, but why on coinmarketcap can in the top 3?
Whereas on Coingecko P2PB2B is ranked 114, Does coingecko know if it's bullshit exchange? so it's not in the top 3 like in coin marketcap

So which one do you trust more?

It looks like that there was no even a small change after the acquisition that already happened to the CMC by binance, i personally prefer to use coingecko rather than coinmarketcap consider the data that already showed by coingecko is much more accurate compared to the CMC. Honestly, a metric calculation that already used by CMC is a big crap formula

[gundala]

For example, I heard lot that P2PB2B is one of the bullshit exchanges because it has fake volume, but why on coinmarketcap can in the top 3?
Whereas on Coingecko P2PB2B is ranked 114, Does coingecko know if it's bullshit exchange? so it's not in the top 3 like in coin marketcap

So which one do you trust more?

Because the two are different, they must have different systems and ways to determine the ranking. Then, what do you expect? you better ask directly if you want a really detailed review through the contact provided.

and wait, you use this link in the thread, it is not an official page, http://https//coinmarketcap.com/rankings/exchanges/
this one should be, https://coinmarketcap.com/rankings/exchanges/
Are you really making a mistake or are you planning to do something bad?

[Rengga Jati]

..I heard lot that P2PB2B is one of the bullshit exchanges because it has fake volume..

I also have heard the same, many new tokens listed there are heading to shitcoins, with great volume at the beginning, pump and dump price. But then, it is going end to be shitcoin. But well, probably not all coins there.

but why on coinmarketcap can in the top 3

Basically, CoinMarketCap is the most leading and the biggest tracker for cryptocurrencies and exchanges that are mostly visited. So far, we often use this site to know the progress and as the reference by traders and investors. However, fake volume has become the general issues so far. It is one of the weakness of CMC that still list the shit exchanges to the top.

However now, CMC has been acquired by Binance. Hopefully, they will be more professional, better in listing, and also decreasing the fake volumes and exchanges or coins.

So far, even though CMC still has weakness, I more often use CMC than CoinGecko.

[aioc]

For example, I heard lot that P2PB2B is one of the bullshit exchanges because it has fake volume, but why on coinmarketcap can in the top 3?
Whereas on Coingecko P2PB2B is ranked 114, Does coingecko know if it's bullshit exchange? so it's not in the top 3 like in coin marketcap

So which one do you trust more?

We all started with Coinmarketcap well most of us here, but I like Coingecko because they index the majority of the coins in the market I always find new coins listed in Coingecko more than Coinmarketcap, but I always use these two for price comparison, although I know that they have different parameters when ranking coins in the market.

[seleme]

Coingecko has additional features and I personally prefer to open the Coingecko for checking the daily volume of any altcoin. CMC has lost the reputation after the fake volume scandal on crypto exchanges and they agreed about this. Indexing of Coingecko is better compared to alternatives, the marketcap of fake volume for some coins is bigger on abnormal exchanges.

[pikkie]

Coingecko has additional features and I personally prefer to open the Coingecko for checking the daily volume of any altcoin. CMC has lost the reputation after the fake volume scandal on crypto exchanges and they agreed about this. Indexing of Coingecko is better compared to alternatives, the marketcap of fake volume for some coins is bigger on abnormal exchanges.

well for now coingecko has a consistent platform which means it has begun to show a good reputation increase while coinmarketcap is still like some time ago there was no development at all even some time ago gave a trol about toilet paper which in my opinion is not very interesting.

[Swordsoffreedom]

Personally, I use Coinmarketcap for analyzing about tokens and exchanges. theirs UI is good and so much user-friendly; they are listed almost all types of exchanges and coins on their site. In a word it is remarkable, informative and updated platform.

[ahyadinnn]

Coingecko has additional features and I personally prefer to open the Coingecko for checking the daily volume of any altcoin. CMC has lost the reputation after the fake volume scandal on crypto exchanges and they agreed about this. Indexing of Coingecko is better compared to alternatives, the marketcap of fake volume for some coins is bigger on abnormal exchanges.

instead of only fake volume on some coins but coinmarket has also recorded fake volume on a market, that's also what I don't like coinmarketcap, while Coingecko I think the details about coins are more complete and there are also many coins, I often use Coingecko to check data project

[Tipstar]

I take coin listing site just for the reference of price, to see where the coin are listed to and to get the links to the official website, thread and channels. Exchanges volume means nothing as most of them are indulged in fake trading. They team up with fake tokens and let them generate transactions that would make the volume of both the token and exchange to rise.

[TravelMug]

For example, I heard lot that P2PB2B is one of the bullshit exchanges because it has fake volume, but why on coinmarketcap can in the top 3?
Whereas on Coingecko P2PB2B is ranked 114, Does coingecko know if it's bullshit exchange? so it's not in the top 3 like in coin marketcap

So which one do you trust more?

Lesser of two evil? I would say that coingecko listing is good as compare to coinmarketcap. But if they are pulling the same API data from exchanges, so why there are big variance? I guess coingecko has it's own algorithm to rank exchanges that's why P2PB2B is way below, as compare to coinmarketcap.

But we all know that coinmarketcap has been absorb by Binance already, so it will be interesting how this whole exchange ranking will be specially when Binance takes over.