Be careful Many New Tokens on Coinmarketcap are

[wheelz1200]

I noticed that Recently CoinMarketCap website has been adding new Tokens without verifying the Token team,goals, and if it's legit.
Most of these currencies collapse during the first weeks of its launch.
i Remember that the website used to check every Token before publishing it to the public.
Has anyone noticed that as well?

Does anyone really just buy a coin because it's listed on coinmarketcap?  That seems a little lazy, and at the very least a little too trusting thinking they would completely vet a project good enough for people to blindly put their money into it.  Use it as a tool but not a determination of what to buy and not buy and then it doesn't matter what they do.  They are a for profit website they aren't looking out for people's wallets.

[Kelvinid]

I noticed that Recently CoinMarketCap website has been adding new Tokens without verifying the Token team,goals, and if it's legit.
Most of these currencies collapse during the first weeks of its launch.
i Remember that the website used to check every Token before publishing it to the public.
Has anyone noticed that as well?

Does anyone really just buy a coin because it's listed on coinmarketcap?  That seems a little lazy, and at the very least a little too trusting thinking they would completely vet a project good enough for people to blindly put their money into it.  Use it as a tool but not a determination of what to buy and not buy and then it doesn't matter what they do.  They are a for profit website they aren't looking out for people's wallets.

Perhaps, a lot of shitcoin is listed on the CMC and it stuck there for many years.
As an investor, it was our part to look for potential coins to buy, not just because it was listed on the CMC and it was enough, it should also run into further research just to make sure that we are investing the right coins which have the ROI potentials. If we fail to do this, it was not the fault of the CMC who does the listing but it was us who neglect to do research.

[Desmong]

I noticed that Recently CoinMarketCap website has been adding new Tokens without verifying the Token team,goals, and if it's legit.
Most of these currencies collapse during the first weeks of its launch.
i Remember that the website used to check every Token before publishing it to the public.
Has anyone noticed that as well?

That is not really there business because there work is to list coins so that people an make good research about them. We are ought to make good and severe research about anything we are interested I'm buying so that we can be guided about all these altcoins that are floading the market and the funny part is that some people would still choose to buy them. Different interest.

[romero121]

Coinmarketcap have got their own protocol to add a coin/token to the list. When the required were fulfilled automatically they were added to the list and this doesn't affect them in any means. They're just providing details on available coin/tokens in the market. It is our responsibility to analyse through all possible channels and decide whether to invest or not. At any point coinmarketcap doesn't give suggestions to go with respective coins/tokens.

[carlfebz2]

I noticed that Recently CoinMarketCap website has been adding new Tokens without verifying the Token team,goals, and if it's legit.
Most of these currencies collapse during the first weeks of its launch.
i Remember that the website used to check every Token before publishing it to the public.
Has anyone noticed that as well?

Does anyone really just buy a coin because it's listed on coinmarketcap?  That seems a little lazy, and at the very least a little too trusting thinking they would completely vet a project good enough for people to blindly put their money into it.  Use it as a tool but not a determination of what to buy and not buy and then it doesn't matter what they do.  They are a for profit website they aren't looking out for people's wallets.

Perhaps, a lot of shitcoin is listed on the CMC and it stuck there for many years.
As an investor, it was our part to look for potential coins to buy, not just because it was listed on the CMC and it was enough, it should also run into further research just to make sure that we are investing the right coins which have the ROI potentials. If we fail to do this, it was not the fault of the CMC who does the listing but it was us who neglect to do research.

We do really have lots and most of them are dead and just simply those shit projects that had been created by those scammy devs just to hope that there's someone would really be buying it.
This is why we should really be that careful on choosing specially to those people who do really love on dealing with low caps or something new.

This is why DYOR is really that crucial when it comes to crypto investment because if you arent that mindful about making up some in depth research then it would really
be putting you into a situation where you would definitely know on what you should gonna do.

[shinratensei_]

CMC are always have easier listing method compared with exchange listing in general. mainly because the fact that they want to add as much coins in their database as they can.
it's really different if you compare it with exchange listing in general that require more complicated processes and very few could get through, therefore you should be more careful selecting coins in CMC as your next investments.
the thing is, many shitcoin already considers being listed in CMC as somewhat an achievement which is quite funny if you think about it.
meanwhile high quality coin strive to get listed in famous exchange for the sake of increasing liquidity that is rather more essential.

[Slow death]

In this cryptocurrency market people should not create illusions, I remember 6 years ago when someone said that they had to buy a lot of siacoin which in the future would be worth a lot, let's see the result 6 years later:

https://coinmarketcap.com/currencies/siacoin/



as we can see, the price of siacoin did not increase much, see that at that time the price of bitcoin was 900$, and the price of bitcoin reached more than 60,000$, but the price of siacoin did not even reach 1$, but at that time that person said that the best thing was to invest in siacoin and leave bitcoin, now let's think about how people who bought siacoin and left bitcoin are feeling today? the truth is that in this cryptocurrency market, bitcoin is the safest investment, altcoins constantly have fights involving their creators, constantly have bad changes

see that today even tether managed to reach the 3rd position on coinmarketicap, this was a place occupied by XRP for many years, and where did XRP go that had a legion of fans who dreamed of 6$ a day? disappeared, and why did they disappear? because XRP is worthless, it's been years and it's worthless, this altcoin market is a dangerous market

[justdimin]

In this cryptocurrency market people should not create illusions, I remember 6 years ago when someone said that they had to buy a lot of siacoin which in the future would be worth a lot, let's see the result 6 years later:

https://coinmarketcap.com/currencies/siacoin/



as we can see, the price of siacoin did not increase much, see that at that time the price of bitcoin was 900$, and the price of bitcoin reached more than 60,000$, but the price of siacoin did not even reach 1$, but at that time that person said that the best thing was to invest in siacoin and leave bitcoin, now let's think about how people who bought siacoin and left bitcoin are feeling today? the truth is that in this cryptocurrency market, bitcoin is the safest investment, altcoins constantly have fights involving their creators, constantly have bad changes

see that today even tether managed to reach the 3rd position on coinmarketicap, this was a place occupied by XRP for many years, and where did XRP go that had a legion of fans who dreamed of 6$ a day? disappeared, and why did they disappear? because XRP is worthless, it's been years and it's worthless, this altcoin market is a dangerous market

Many tokens are pumped like this and hyped on twitter as well, I can't remember the name of it right now but there was this token which got TT globally, and everyone talked about it like it would be the biggest thing ever and then it didn't even pass top 100, imagine being this wrong, something that they said would be bigger than bitcoin, and not just devs or anything, investors said this and it didn't even crack into top 100.

People will be hyped about anything if you just convince enough people, the first 1000 people to convince is the hardest, then rest will be convinced by the first thousand and so forth. I want to say I hope they learned their lesson, but they never do.

[Yatsan]

Had no problems with it. Happens to other exchanges as well if I'm not mistaken. Would only be a problem if you'd engage into those tokens without checking how secure it is. We are all free to invest on which token we are interested with but let us be responsible on our choices. Choosing tokens without checking for the risks involved is one's negligence. This is why prior knowledge on what you are engaging yourself into, is necessary.

CMC are always have easier listing method compared with exchange listing in general. mainly because the fact that they want to add as much coins in their database as they can.
it's really different if you compare it with exchange listing in general that require more complicated processes and very few could get through, therefore you should be more careful selecting coins in CMC as your next investments.
the thing is, many shitcoin already considers being listed in CMC as somewhat an achievement which is quite funny if you think about it.
meanwhile high quality coin strive to get listed in famous exchange for the sake of increasing liquidity that is rather more essential.

Indeed a lot easier than with other exchangers. Most of the time centralised exchangers are the ones having a more difficult method of listing which provides more security with tokens but also has bigger transaction fees.