PooCoin vs CoinMarketCap

[PercT4b]

Are data provided by PooCoin more reliable than the ones provided by CMC?...I'm talking especially about market cap data, how PooCoin gets information about the capitalization of a coin?


I'm asking this because I'm starting to notice that, especially when it comes to shitcoins, CMC tends to report wrong infos, so, do you think that PooCoin is a more trustworthy platform to check real data about a shitcoin?


P.S: I'm perfectly aware of the risks and the problems that a shitcoin can cause.

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[cryptoaddictchie]

Are data provided by PooCoin more reliable than the ones provided by CMC?...I'm talking especially about market cap data, how PooCoin gets information about the capitalization of a coin?

PooCoin specialise on bsc chain, for me this is more accurate when it comes to bsc projects since its real time. As far as I know on cmc, data feed aren't real time and just also basing their analysis on some oracles and database. But not saying its more reliable, both are good but when it comes to bsc tokens then go for PooCoin.

But the best move is used the exchange data itself.

[bunglor]

I only use Poo Coin for coins I can't find on Coinmarket cap but I think the coins on the market cap are more reliable rather than some shitcoins that was listed on the PooCoin but its also useful for some legitimate new BSC projects.

[Rakeshten]

Yes, I have also noticed that Poocoin is more accurate than Coinmarketcap about shitcoins info and Also there are many coins that are not listed on coinmarketcap but we can see their info on Poocoin.

[masulum]

Poocoin, dextools and similar platforms have realtime data based on trading activity that occurs on contracts liquidity. So, for example, 1 token costs $0.1, if there is a purchase of x amount, then the price will change to $0.11 because there is a demand. This price change then be displayed on the platform based on the dex API (eg BSC, the API used by poocoin is Pancakeswap). The delay that occurs in CMC is probably due to the routing API, so there is a slight price difference that arises. This is also to prevent the server from working redundantly at one time (CMIIW). And for marketcap, the calculation algorithm should be the same between CMC & Poocoin

[jeungo]

The resources are very related in their focus. On one of them, you can get information about a huge number of coins, but often even very bad projects are there. Another resource is more important to me as a way to get information about more proven coins, although there are bugs and problem developers there too.

[mdzahed134]

Coinmarketcap didn’t provided accurate data most of the time & i see many thread already created against wrong data. Whatever, i never used PooCoin and while it’s ridiculous thing to hear, I heard this name today. Coingecko is my favorite instead of CMC. Their most things accurate than CMC.  

[tbct_mt2]

Are data provided by PooCoin more reliable than the ones provided by CMC?...I'm talking especially about market cap data, how PooCoin gets information about the capitalization of a coin?

Poocoin is place for people to check chart and price of tokens on Binance Smart Chain. If those tokens are not on any centralized exchange, and only listed on decentralized exchanges like PancakeSwap, Poocoin is good site for you to find such information.

However, if no trading volume, the chart on Poocoin will degrades gradually. So to maintain the chart, tokens have to maintain their trading volume.

[Blowon]

Poocoin gets data based on what is written on its smart contracts and occurs in a decentralized manner by the system. Coinmarketcap must wait for coinmarketcap feed admin approval and be manually processed centralization. If effective maybe Poocoin is more effective can even know the details of shitcoin though. However, the matter of Coinmarketcap confidence is superior because everyone is focused on coinmarketcap is a quality coin that occupies the top position.

[tvplus006]

Are data provided by PooCoin more reliable than the ones provided by CMC?...I'm talking especially about market cap data, how PooCoin gets information about the capitalization of a coin?...

PooCoin and Coinmarketcap are completely different services and pursue completely different goals. But as for capitalization, it is quite obvious that the capitalization shown on the CMC has some delay, which is associated with API settings. And this, in turn, is related to the load, since Coinmarketcap supports coins of all networks, and Poocoin only BSC, Polygon and KuChain.

[ice18]

Coinmarketcap didn’t provided accurate data most of the time & i see many thread already created against wrong data. Whatever, i never used PooCoin and while it’s ridiculous thing to hear, I heard this name today. Coingecko is my favorite instead of CMC. Their most things accurate than CMC. 

Coingecko is the best of them all. If gives accurate details of the project but Coinmarketcap doesn't always go with the actual data if there's any change along the line like burning of tokens, they find it very hard to update or change the already have data to new data on CMC after informing them

Coingecko and CMC are just the same not accurate but I think CMC is the worst of them all price too late compare to realtime price, I agree on above comments Poocoin is more accurate than this two but it only focus on BSC tokens. If you want more precise than  the two mentioned try Nomics.com.

[pgbit]

Although both poocoin and coinmarket cap are excellent, coinmarket cap is currently the most popular since they provide comprehensive data about daily market capitalization and too many people use it. Poocoin is also excellent, however it is only used to check charts and to buy, sell.

[FanEagle]

Are data provided by PooCoin more reliable than the ones provided by CMC?...I'm talking especially about market cap data, how PooCoin gets information about the capitalization of a coin?


I'm asking this because I'm starting to notice that, especially when it comes to shitcoins, CMC tends to report wrong infos, so, do you think that PooCoin is a more trustworthy platform to check real data about a shitcoin?

? It has only been a few times that I heard or saw the name PooCoin on the Internet, coinmarketcap.com is the most popular platform that everyone knows and makes use of mostly. And it is more recognized in the cryptocurrency community than every other platform that you are going to talk about. Most of the exchanges rely on coinmarketcap.com, and not just exchanges including news websites and so many others: they all rely on Coinmarketcap to get information on the cryptocurrency market. So far they have been given accurate information on top crypto currencies.

As for shitcoins I can’t tell you whether coinmarketcap.com is giving any clear information on those because I am not the type that is interested in investing my money in shitcoins, I prefer to go for legit investments that would be worth my money on the Long run. From my experience, Coinmarketcap.com is good.

[HashingTower]

I use both of them and they are both glitchy as hell, one is stable today and the other is glitchy tomorrow, it's just better to have both on your phone or PC to track coins and tokens marketcap

[mbakruroh]

Are data provided by PooCoin more reliable than the ones provided by CMC?...I'm talking especially about market cap data, how PooCoin gets information about the capitalization of a coin?


I'm asking this because I'm starting to notice that, especially when it comes to shitcoins, CMC tends to report wrong infos, so, do you think that PooCoin is a more trustworthy platform to check real data about a shitcoin?


P.S: I'm perfectly aware of the risks and the problems that a shitcoin can cause.

Coinmarketcap does not provide data on the circulating supply of PooCoin tokens. But is the price real? We can check from the source exchange, PancakeSwap. The prices are real, and match those available at coinmarketcap prices. While the price on the PooCoin platform is much different from the price on the chart.

[el kaka22]

I have used poocoin for a project that I wanted to follow. It wasn't bad site, it has horrible design and they could make it better (or maybe they have since I last used it I haven't checked in a while) but that was one big downside. It had such a horrible design that, it was enough not to use it, literally just because of the design you could get out. This is why CMC is still the best plus it is a lot more known.

It doesn't matter if you use one place or another just because of popularity, if you are getting what you are looking for then it is enough for you. However, there is also always a reason why one is more popular and in this case I was because poocoin was horrible looking, could have more stuff but that one was enough.

[adzino]

Heard of the name Poocoin, but didn't know it was a DAPP created on binance smart chain until today. I always thought it was a platform that lists all shitcoins and tracks the data, hence the name haha. Still wouldn't use it. Maybe it's the name. Anyway, Coinmarketcap does indicate wrong data, but that happens rarely and are fixed as soon as possible. If you don't like CMC, you can try coingeko. They have been very reliable and don't usually list coins that are likely scam (cmc does that. Coingeko didn't list squid game token and has warned users. CMC listed, but warned after investors got scammed). Or you can try Blockfolio. Has a neat interface.

[Johnyz]

I’m not familiar with PooCoin and I do use more the CMC and Coingecko, I think they are still reliable despite of that fact, some delays on update but they are able to fix it so it can still be good. As I can read about PooCoin, they try to focus more on BSC projects which I think is fine to have that core, but if you are still doubting better to use both.

[Fatunad]

Are data provided by PooCoin more reliable than the ones provided by CMC?...I'm talking especially about market cap data, how PooCoin gets information about the capitalization of a coin?


I'm asking this because I'm starting to notice that, especially when it comes to shitcoins, CMC tends to report wrong infos, so, do you think that PooCoin is a more trustworthy platform to check real data about a shitcoin?


P.S: I'm perfectly aware of the risks and the problems that a shitcoin can cause.

It feels like this isnt some sort of question but rather shilling out this Poocoin website which i hadnt heard it off after all this time on staying up on this market.
Lots of people had already trusted up CMC despite of those flaws.

•Coinmarketcap
•Coingecko

they would still remain to be the top suggested sites on where people do really trust on.Despite
on having some flaws but still people do really prefer of this thing rather than Poopcoin. oppsss 

[letyouearn]

If we look at this situation with etymologic analysis - it's quite obvious that poocoin is more accurate in shitcoins' questions, haha  Born to deal with all this crap