alchymist (OP)
Newbie
Offline
Activity: 5
Merit: 0
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 01, 2021, 10:15:45 AM |
|
It is clear that CoinMarketCap lists crypto's in descending order based on market cap. But could anyone tell me why after the first 200 listed (at this time #200's market cap is about 239 Million), #201 through about #215 MC's are back in the Billions? In fact the MC of #201 through about #280 are above the MC of #200.
|
|
|
|
Baofeng
Legendary
Offline
Activity: 2702
Merit: 1672
DGbet.fun - Crypto Sportsbook
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 01, 2021, 10:41:26 AM |
|
It is clear that CoinMarketCap lists crypto's in descending order based on market cap. But could anyone tell me why after the first 200 listed (at this time #200's market cap is about 239 Million), #201 through about #215 MC's are back in the Billions? In fact the MC of #201 through about #280 are above the MC of #200.
CMC is not a good measurement to be honest. Any token can balloon their market cap by having a lot of coins in circulation. Because the formula is: Current price x total circulating supply. There's even some debate that some coins have manipulated their circulating supply, even ETH circulating supply is not well known. And with that said, it's not even an accurate number specially in the lower bound of the list.
|
|
|
|
Bttzed03
Legendary
Offline
Activity: 2114
Merit: 1149
https://bitcoincleanup.com/
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 01, 2021, 11:39:32 AM |
|
It's probably their way of protecting their users from deceptive projects inflating their market cap. As posted above, they need to complete some steps before they are ranked properly. It looks unfair to others who doesn't want to be subjected to such scrutiny but they cannot do anything else because CMC is centralized.
Maybe switch to Coingecko.
|
|
|
|
cryptoaddictchie
Legendary
Offline
Activity: 2184
Merit: 1323
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 01, 2021, 11:58:42 AM |
|
It is clear that CoinMarketCap lists crypto's in descending order based on market cap. But could anyone tell me why after the first 200 listed (at this time #200's market cap is about 239 Million), #201 through about #215 MC's are back in the Billions? In fact the MC of #201 through about #280 are above the MC of #200.
Cause the marketcap changes after get listed and some are twisted or inaccuracy display of some total supply and circulating supply. I've been also noticing some caps that aren't display correctly. But better to ask the project details rather than based it on the coinmarketcap especially when the coin or token are just listed.
|
| | Peach BTC bitcoin | │ | Buy and Sell Bitcoin P2P | │ | . .
▄▄███████▄▄ ▄██████████████▄ ▄███████████████████▄ ▄█████████████████████▄ ▄███████████████████████▄ █████████████████████████ █████████████████████████ █████████████████████████ ▀███████████████████████▀ ▀█████████████████████▀ ▀███████████████████▀ ▀███████████████▀ ▀▀███████▀▀
▀▀▀▀███████▀▀▀▀ | | EUROPE | AFRICA LATIN AMERICA | | | ▄▀▀▀ █ █ █ █ █ █ █ █ █ █ █ ▀▄▄▄ |
███████▄█ ███████▀ ██▄▄▄▄▄░▄▄▄▄▄ █████████████▀ ▐███████████▌ ▐███████████▌ █████████████▄ ██████████████ ███▀███▀▀███▀ | . Download on the App Store | ▀▀▀▄ █ █ █ █ █ █ █ █ █ █ █ ▄▄▄▀ | ▄▀▀▀ █ █ █ █ █ █ █ █ █ █ █ ▀▄▄▄ |
▄██▄ ██████▄ █████████▄ ████████████▄ ███████████████ ████████████▀ █████████▀ ██████▀ ▀██▀ | . GET IT ON Google Play | ▀▀▀▄ █ █ █ █ █ █ █ █ █ █ █ ▄▄▄▀ |
|
|
|
Tigerheart3026
Full Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 944
Merit: 112
PredX - AI-Powered Prediction Market
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 01, 2021, 03:23:42 PM |
|
It is clear that CoinMarketCap lists crypto's in descending order based on market cap. But could anyone tell me why after the first 200 listed (at this time #200's market cap is about 239 Million), #201 through about #215 MC's are back in the Billions? In fact the MC of #201 through about #280 are above the MC of #200.
CMC is not a good measurement to be honest. Any token can balloon their market cap by having a lot of coins in circulation. Because the formula is: Current price x total circulating supply. some error in the list of coinmarketcap ranking, even if cmc considering by circulating supply and price, you can see hex marketcap $40 billion by circulating coin supply btw it's position at 200, hex rank could be top 9 coin if only considering circulating supply.
|
|
|
|
TastyChillySauce00
Legendary
Offline
Activity: 3094
Merit: 1030
Leading Crypto Sports Betting & Casino Platform
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 01, 2021, 03:35:22 PM |
|
. But could anyone tell me why after the first 200 listed (at this time #200's market cap is about 239 Million), #201 through about #215 MC's are back in the Billions? In fact the MC of #201 through about #280 are above the MC of #200.
This might be a bug that has not yet fixed by CMC. let's take a look at this coin https://coinmarketcap.com/currencies/myneighboralice/My neightbor alice has around 300 millions marketcap but it has placed above Illuvium which was having more than 600 millions marketcap. https://coinmarketcap.com/currencies/illuvium/I thought that this is not yet discovered by CMC developers and the community needs to report this to the CMC developers. TBH coingecko has a big better in this case but it has also another problem. Im not sure if all of those who have been placed under top 200 didn't fullfill all of requirements. it's quite strange.
|
..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
|
|
|
masulum
Legendary
Offline
Activity: 2324
Merit: 1603
hmph..
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 01, 2021, 03:37:58 PM |
|
some error in the list of coinmarketcap ranking, even if cmc considering by circulating supply and price, you can see hex marketcap $40 billion by circulating coin supply btw it's position at 200, hex rank could be top 9 coin if only considering circulating supply.
If we refer to the CMC knowledge base, the metric for ranking data is not only on the 2 points you mentioned. But there are some points that are also calculated to determine the rank. Indeed, supply and price are points we commonly understand as data metrics. But on their webi mentioned like this "A coin’s price is calculated by taking the volume weighted average of all market pair prices reported for the cryptoasset. "read more: https://support.coinmarketcap.com/hc/en-us/articles/360015968632-How-are-prices-calculated-on-CoinMarketCap-
|
HOLD...
|
|
|
livingfree
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 01, 2021, 11:54:34 PM |
|
That metric of theirs for measurement has a reason and even if there are projects that could as high as billion of market cap but it's on the last list.
Just two things.
One is that could be a bug.
Or, it's actually their decision to make that at last if there's a note that they haven't verified yet the actual market cap so it's temporary on that rank.
|
|
|
|
jrrsparkles
Sr. Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 2464
Merit: 276
Eloncoin.org - Mars, here we come!
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 02, 2021, 06:25:32 AM |
|
It is clear that CoinMarketCap lists crypto's in descending order based on market cap. But could anyone tell me why after the first 200 listed (at this time #200's market cap is about 239 Million), #201 through about #215 MC's are back in the Billions? In fact the MC of #201 through about #280 are above the MC of #200.
There are two factors that may caused this, which could be either a bug or due to the difference in reported and actual price from the exchanges and it exists too cause some exchange uses bots to inflate thwir trading volume by fake trading orders and prices but coinmarket cap may excluded that and use the actual metric for ranking.
|
▄▄████████▄▄ ▄▄████████████████▄▄ ▄██████████████████████▄ ▄█████████████████████████▄ ▄███████████████████████████▄
| ███████████████████▄████▄ █████████████████▄███████ ████████████████▄███████▀ ██████████▄▄███▄██████▀ ████████▄████▄█████▀▀ ██████▄██████████▀ ███▄▄████████████▄ ██▄███████████████ ░▄██████████████▀ ▄█████████████▀ █████████████ ███████████▀ ███████▀▀ | | | Mars, here we come! | ▄▄███████▄▄ ▄███████████████▄ ▄███████████████████▄ ▄█████████████████████▄ ▄███████████████████████▄ █████████████████████████ █████████████████████████ █████████████████████████ ▀███████████████████████▀ ▀█████████████████████▀ ▀███████████████████▀ ▀███████████████▀ ▀▀███████▀▀ | ElonCoin.org | │ | | .
| │ | ████████▄▄███████▄▄ ███████▄████████████▌ ██████▐██▀███████▀▀██ ███████████████████▐█▌ ████▄▄▄▄▄▄▄▄▄▄██▄▄▄▄▄ ███▀░▐███▀▄█▄█▀▀█▄█▄▀ ██████████████▄██████▌ █████▐██▄██████▄████▐ █████████▀░▄▄▄▄▄ ███████▄█▄░▀█▄▄░▀ ███▄██▄▀███▄█████▄▀ ▄██████▄▀███████▀ ████████▄▀████▀█████▄▄ | . "I could either watch it happen or be a part of it" ▬▬▬▬▬ |
|
|
|
Yaunfitda
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 02, 2021, 06:55:21 AM |
|
It is clear that CoinMarketCap lists crypto's in descending order based on market cap. But could anyone tell me why after the first 200 listed (at this time #200's market cap is about 239 Million), #201 through about #215 MC's are back in the Billions? In fact the MC of #201 through about #280 are above the MC of #200.
As others have said this could have been a bug on their system. Maybe they have their own metrics to rank up those coins, hence the big difference in numbers. This has been the complain on CMC even before in 2017-2018. So I'm not sure if CZ has change the algo when they took it over or have adapted their own. Maybe the OP can tweet about it and ask CZ itself to get the right answers, just saying.
|
|
|
|
R |
▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████ ██████████▀▄▀▀▀████ ████████▀▄▀██░░░███ ██████▀▄███▄▀█▄▄▄██ ███▀▀▀▀▀▀█▀▀▀▀▀▀███ ██░░░░░░░░█░░░░░░██ ██▄░░░░░░░█░░░░░▄██ ███▄░░░░▄█▄▄▄▄▄████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████ ▀████████ ░░▀██████ ░░░░▀████ ░░░░░░███ ▄░░░░░███ ▀█▄▄▄████ ░░▀▀█████ ▀▀▀▀▀▀▀▀▀ | █████████ ░░░▀▀████ ██▄▄▀░███ █░░█▄░░██ ░████▀▀██ █░░█▀░░██ ██▀▀▄░███ ░░░▄▄████ ▀▀▀▀▀▀▀▀▀ |
| | | | | | .
| | | ▄▄████▄▄ ▀█▀▄▀▀▄▀█▀ ▄▄░░▄█░██░█▄░░▄▄ ▄▄█░▄▀█░▀█▄▄█▀░█▀▄░█▄▄ ▀▄█░███▄█▄▄█▄███░█▄▀ ▀▀█░░░▄▄▄▄░░░█▀▀ █░░██████░░█ █░░░░▀▀░░░░█ █▀▄▀▄▀▄▀▄▀▄█ ▄░█████▀▀█████░▄ ▄███████░██░███████▄ ▀▀██████▄▄██████▀▀ ▀▀████████▀▀ | . ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ ░▀▄░▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄░▄▀ ███▀▄▀█████████████████▀▄▀ █████▀▄░▄▄▄▄▄███░▄▄▄▄▄▄▀ ███████▀▄▀██████░█▄▄▄▄▄▄▄▄ █████████▀▄▄░███▄▄▄▄▄▄░▄▀ ████████████░███████▀▄▀ ████████████░██▀▄▄▄▄▀ ████████████░▀▄▀ ████████████▄▀ ███████████▀ | ▄▄███████▄▄ ▄████▀▀▀▀▀▀▀████▄ ▄███▀▄▄███████▄▄▀███▄ ▄██▀▄█▀▀▀█████▀▀▀█▄▀██▄ ▄██▀▄███░░░▀████░███▄▀██▄ ███░████░░░░░▀██░████░███ ███░████░█▄░░░░▀░████░███ ███░████░███▄░░░░████░███ ▀██▄▀███░█████▄░░███▀▄██▀ ▀██▄▀█▄▄▄██████▄██▀▄██▀ ▀███▄▀▀███████▀▀▄███▀ ▀████▄▄▄▄▄▄▄████▀ ▀▀███████▀▀ | | OFFICIAL PARTNERSHIP SOUTHAMPTON FC FAZE CLAN SSC NAPOLI |
|
|
|
Tigerheart3026
Full Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 944
Merit: 112
PredX - AI-Powered Prediction Market
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 02, 2021, 02:20:32 PM |
|
itsmyne (MYNE) is a new coin btw still not started its token sale ido btw you can see it's listed on the coinmarketcap btw while a lot of project did not listed even those are trading in the few exchanges. my question is how it listed?
|
|
|
|
Koro-Sensei
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 02, 2021, 02:58:10 PM |
|
It is clear that CoinMarketCap lists crypto's in descending order based on market cap. But could anyone tell me why after the first 200 listed (at this time #200's market cap is about 239 Million), #201 through about #215 MC's are back in the Billions? In fact the MC of #201 through about #280 are above the MC of #200.
Some bugs probably. I also see some coin having a 200M$ worth of Marketcap but still at 2000+ area which is quite a problem for the project itself. They can't established a good audience from cmc because of that because they are in an unpopular chain. It is a problem of cmc and could be solved by cmc's engineers guided also by teams datas.
|
|
|
|
masterrex
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 02, 2021, 03:21:50 PM |
|
It is clear that CoinMarketCap lists crypto's in descending order based on market cap. But could anyone tell me why after the first 200 listed (at this time #200's market cap is about 239 Million), #201 through about #215 MC's are back in the Billions? In fact the MC of #201 through about #280 are above the MC of #200.
CMC is not a good measurement to be honest. Any token can balloon their market cap by having a lot of coins in circulation. Because the formula is: Current price x total circulating supply. There's even some debate that some coins have manipulated their circulating supply, even ETH circulating supply is not well known. And with that said, it's not even an accurate number specially in the lower bound of the list. I agree with your observation mate, that's why sometimes its better to compare the information to other data and insight service providers like Coingecko, etc. so that we can get some reliable information about the coin/token that we familiarize, I have not any against with CMC but they should fix those glitches to remain a relevant data and insight service provider.
|
|
|
|
bamb
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 02, 2021, 07:13:03 PM |
|
Market capital gives an impression that a given coin is big and successful when in actual fact, is not really true. If you want to see how market is not a too yardstick to measure a coin success, look at big wallet a coin and see how a big wallet sell can dip the market value of a coin!
|
|
|
|
mbakruroh
Sr. Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 658
Merit: 250
enterapp.io PRE-SALE IS LIVE
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 02, 2021, 07:48:40 PM |
|
It is clear that CoinMarketCap lists crypto's in descending order based on market cap. But could anyone tell me why after the first 200 listed (at this time #200's market cap is about 239 Million), #201 through about #215 MC's are back in the Billions? In fact the MC of #201 through about #280 are above the MC of #200.
I see Coinmarketcap no longer monitors crypto on their site properly. It seems that they are not sporting enough to monitor the crypto market. If they get a high payout, then the coin is ranked the best. The HEX token should be at number 9 when calculated based on the market cap, but currently it is at number 201, and has never changed from that position.
|
| | │ | ██████████ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██████████ | CRYPTO WEB3 NEOBANK | ██████████ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██ ██████████ | │ | | | | | |
|
|
|
the ghabbar
Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 588
Merit: 11
Futiracoin.com
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 02, 2021, 08:08:22 PM |
|
It is clear that CoinMarketCap lists crypto's in descending order based on market cap. But could anyone tell me why after the first 200 listed (at this time #200's market cap is about 239 Million), #201 through about #215 MC's are back in the Billions? In fact the MC of #201 through about #280 are above the MC of #200.
Not an accurate number, especially at the bottom of the list, a lot of debate has occurred because of this, the list is ordered not only by the highest coin price, but also influenced by buying, trading and market capitalization, and it will continue and be followed by public supply and interest In determining the list, the public's interest in coins is also one of the reasons the coins continue to decline to an invisible bottom.
|
|
|
|
Tigerheart3026
Full Member
![*](https://bitcointalk.org/Themes/custom1/images/star.gif) ![*](https://bitcointalk.org/Themes/custom1/images/star.gif)
Offline
Activity: 944
Merit: 112
PredX - AI-Powered Prediction Market
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 09, 2021, 03:25:32 PM |
|
It is clear that CoinMarketCap lists crypto's in descending order based on market cap. But could anyone tell me why after the first 200 listed (at this time #200's market cap is about 239 Million), #201 through about #215 MC's are back in the Billions? In fact the MC of #201 through about #280 are above the MC of #200.
If they get a high payout, then the coin is ranked the best. The HEX token should be at number 9 when calculated based on the market cap, but currently it is at number 201, and has never changed from that position. it's not money related issue, it's lack of coinmarketcap algorithm. generally rank is set up by circulating supply and on something else. i did not get their rules and also i confused with hex and other few coins ranking those deserve top rank to the current rank.
|
|
|
|
tvplus006
Legendary
Offline
Activity: 2408
Merit: 1810
Exchange 250+ Coins With 0% Fees
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 09, 2021, 04:38:52 PM |
|
It is clear that CoinMarketCap lists crypto's in descending order based on market cap. But could anyone tell me why after the first 200 listed (at this time #200's market cap is about 239 Million), #201 through about #215 MC's are back in the Billions? In fact the MC of #201 through about #280 are above the MC of #200.
The CoinMarketCap rating is calculated using an algorithm that is known only to the rating team. But we can say for sure that not only the total capitalization of the coin is taken for its calculation, but also the number and quality of the exchanges on which the coin is presented, as well as the daily volume of trade.
|
| | TheChange | | | | |
░░░░░░░░░░██▄ ▄▄▄▄▄▄▄▄▄▄▄███▄ ▀▀▀▀▀▀▀▀▀▀▀███▀ ░░░░░░░░░░██▀ ░░░▄▄ ▄██▀ ███████████████ ▀██▄ ░░░▀▀ | | | | +250 COINS | | ..Crypto Exchange.. | │ | ▄▄▄▄ ▄▄▄███▀▀███▄▄▄ ▄█████▀▀░▄▄▄▄░▀▀█████▄ ██▀░▄▄▄████████▄▄▄░▀██ ██░████████████████░██ ██░████████████████░██ ██░▀██████████████▀░██ ██░▀████████████▀░██ ▀██░▀██████████▀░██▀ ▀██▄░▀██████▀░▄██▀ ▀██▄▄░▀▀░▄▄██▀ ▀▀██▄▄██▀▀ ▀▀▀▀ | | | │ | |
|
|
|
mu_enrico
Copper Member
Legendary
Offline
Activity: 2436
Merit: 2206
Slots Enthusiast & Expert
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 09, 2021, 05:06:44 PM |
|
@Radagasus outlined the issue very well. It's not only just about the (marketcap) value, but also the data quality. Marketcap without liquidity is misleading, therefore: it is difficult to have high volumes without (i) a large number of traders and (ii) liquid markets. https://support.coinmarketcap.com/hc/en-us/articles/360043836851-Cryptoasset-RankAn asset need to have good volume/activity and listed in reputable markets.
|
| │ | ███████████████████████ ███████████████████████ ███████████████████████ ███████████████████████ ███▀▀▀█████████████████ ███▄▄▄█████████████████ ███████████████████████ ███████████████████████ ███████████████████████ █████████████████████ ███████████████████ ███████████████ ████████████████████████ | ███████████████████████████ ███████████████████████████ ███████████████████████████ █████████▀▀██▀██▀▀█████████ █████████████▄█████████████ ████████▄█████████▄████████ █████████████▄█████████████ █████████████▄█▄███████████ ██████████▀▀█████████████ ██████████▀█▀██████████ ▀███████████████████▀ ▀███████████████▀ █████████████████████████ | | | O F F I C I A L P A R T N E R S ▬▬▬▬▬▬▬▬▬▬ ASTON VILLA FC BURNLEY FC | | | BK8? | | | . ..PLAY NOW.. |
|
|
|
RussiaUkraineTranslation
Jr. Member
Offline
Activity: 224
Merit: 1
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 15, 2022, 11:58:52 AM |
|
I know two coins/tokens that are stuck there : Hex and Kadena. Hex's market cap is highly inflated because lots of tokens are locked for years and Richard Heart owns an estimate of about 90% of the supply. The liquidity of Hex is below 100 million in total I believe, so it's purported market cap of 10s of billions is deceitful. Kadena, on the other hand, has healthy liquidity and volume for its market cap and it's a perfectly legit token. It's listed normally by CoinGecko. It just so happens CMC has certain requirements before it lists a token in the top 200 (source : https://support.coinmarketcap.com/hc/en-us/articles/360043836851-Ranking-Market-Pair-Cryptoasset-). Top 200 Rank: The project must minimally have a CMC-verified market capitalization and fulfill the requirements outlined in (1) - (5) above. Top 201 Rank and beyond: The project must minimally have a CMC-verified market capitalization but does not need to fulfill the requirements in (1) - (5) above. Unranked: Cryptoassets without a CMC-verified market capitalization sorted by 24h trading volume. Both CMC and Coingecko don't record market cap correctly and I am looking forward to the time when another price tracker becomes more popular. The HEX market cap is all wrong and it should have been in the top 10 based on it's metrics. I'm hoping that the same thing doesn't happen to MAXX finance when they launch.
|
|
|
|
|