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Author Topic: If An Altcoin is Not Listed on Coinmarketcap - Will it Never be?  (Read 706 times)
libert19
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August 29, 2024, 02:46:33 PM
 #61

Now I also know that whatever is listed on Coinmarketcap is the real deal...

You shouldn't take CMC listed coins as legit though, they also go bust.

Quote
so if I am researching a coin and it is not listed there, are there any chances of it ever being listed..

Depends on project, it's usually bare minimum responsibility of project to get their coin to CMC.

Quote
... or should I just let it go?

CMC listing shouldn't be deciding factor in judging quality of project, there isn't much in getting there really.


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August 29, 2024, 08:47:33 PM
 #62

Not all new altcoins will be immediately listed on the coinmarketcap platform, obviously many people have wasted their time on meme coins which were only created to be like a lottery, if an altcoin wants to be included in the main CMC list it must meet the relevant requirements.
A coin meeting the coin market cap requirement does not mean they are legit coins. I have seen lots of dead coins on the coin market cap, so meeting their requirements doesn’t make them relevant. When doing research about a coin to invest in, there are other things that are supposed to be considered.
 
I don’t really recommend people invest in new projects because the risk is just always too high. It’s better to invest in bitcoin or get strong altcoins and invest in them rather than investing in meme coins and shitcoins because the chances of making money are just kind of low and the risk of losing is high.

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Raflesia
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August 29, 2024, 08:54:39 PM
 #63

Not that things are not listed forever but indeed there may be several reasons so that it might indeed be an obstacle such as not having requirements that are indeed feasible to be in CMC or another possibility is that it does not want to be registered there because the purpose of making the project is just looking for prey to become a profit target.

But it would indeed be more worth it not to approach a coin like this because regardless of the reason I think it will never be a good thing if it is forced to be in a situation or research something that is not too certain like that.

Although in the end this does depend on belief but for shitcoins that do not fall into the eligibility category then why do we force researching it because in the end it is just a waste of time.

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August 30, 2024, 03:35:24 AM
 #64


Not all new altcoins will be immediately listed on the coinmarketcap platform, obviously many people have wasted their time on meme coins which were only created to be like a lottery, if an altcoin wants to be included in the main CMC list it must meet the relevant requirements.


Even though new coins have been registered on the Coinmarketcap platform, in fact, to collect data on a large number of coins, by knowing the details to find out which coins have potential, in this case it is necessary to know comprehensive information regarding the selected coin.

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August 30, 2024, 04:12:31 AM
 #65

Now I also know that whatever is listed on Coinmarketcap is the real deal..
Not necessarily. Any project can be listed there. Maybe you are thinking about getting listed in exchanges. Getting listed on exchanges means significantly more than being on coinmarketcap. Even though it does not necessarily guarantee success, it is a lot more reliable sign that a project is legitimate and reliable
Quote
so if I am researching a coin and it is not listed there, are there any chances of it ever being listed... or should I just let it go?
There still are chances. It could be possible you just caught the project a little too early. If isn’t listed on coinmarketcap it might be difficult to assess its value though.

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August 30, 2024, 07:19:51 AM
Last edit: August 30, 2024, 08:36:01 AM by betswift
 #66

Now I also know that whatever is listed on Coinmarketcap is the real deal..
Not necessarily. Any project can be listed there. Maybe you are thinking about getting listed in exchanges. Getting listed on exchanges means significantly more than being on coinmarketcap. Even though it does not necessarily guarantee success, it is a lot more reliable sign that a project is legitimate and reliable
Totally right. It would be a big hit to the credibility of the big guys listing something that would vanish soon, so the chances of that while listing on them taking place is a lot less, usually Grin But still not 100%.

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August 30, 2024, 08:31:41 AM
Merited by Mahanton (1)
 #67

Not all new altcoins will be immediately listed on the coinmarketcap platform, obviously many people have wasted their time on meme coins which were only created to be like a lottery, if an altcoin wants to be included in the main CMC list it must meet the relevant requirements.
A coin meeting the coin market cap requirement does not mean they are legit coins. I have seen lots of dead coins on the coin market cap, so meeting their requirements doesn’t make them relevant. When doing research about a coin to invest in, there are other things that are supposed to be considered.
 
I don’t really recommend people invest in new projects because the risk is just always too high. It’s better to invest in bitcoin or get strong altcoins and invest in them rather than investing in meme coins and shitcoins because the chances of making money are just kind of low and the risk of losing is high.
Come to think that meme coins could really be that easily get listed on CMC specially if they do have that volume or would be able to hit up those checkmarks in speaking about the requirement then it would really be just that too easy on getting listed but we cant really be able to deny that this is really that mostly what makes people do get interested on the moment that they would really be getting listed into these index site which includes coingecko as well. They do have those requirement before gets listed and just like been said that getting listed doesnt mean that it would really be that a sure legit project. This is why you should really be that careful on what are the projects that you are really that investing with specially with meme coins. People do really make out some resrarch on the moment that they had already screwed up.

The thing that you should really be needing to consider always is on investing on the amount on which you can afford to lose whenever you do make out investment decisions specially on meme coins
or even with those projects which does have some good utility or overall when it comes to potential. So it would really be just that important when you do realyl have these
kind of considerations when making up some choices in regarding about investment.

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August 30, 2024, 08:37:03 AM
 #68

The thing that you should really be needing to consider always is on investing on the amount on which you can afford to lose whenever you do make out investment decisions specially on meme coins
or even with those projects which does have some good utility or overall when it comes to potential. So it would really be just that important when you do realyl have these
kind of considerations when making up some choices in regarding about investment.

Every project, with utility or not, holds some risks on it nevertheless, you are totally right. Weight your odds, analyze what you can, and only then take action.

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August 31, 2024, 02:40:45 PM
 #69

Now I also know that whatever is listed on Coinmarketcap is the real deal... so if I am researching a coin and it is not listed there, are there any chances of it ever being listed... or should I just let it go?

What do you all have to say?
CMC or Coingecko aren't the only aggregator sites. In fact, there are several those which are better than the earlier mentioned two. I know this will be debatable but that's a fact. We've Cryptorank and Dexscreener just to mention those two. It's just that CMC and CG were the foremost ones and crypto enthusiasts quickly suck up to them. What most people don't know is that there's no guarantee that tokens listed on these sites will do well later. Crypto is an industry of risk, very high one. There's no certainty what can happen with cryptos as everything is purely speculative and that's why the caveat, "Only invest what you can afford to lose" exists here.

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September 01, 2024, 03:32:44 PM
 #70



You shouldn't take CMC listed coins as legit though, they also go bust.


CMC listing shouldn't be deciding factor in judging quality of project, there isn't much in getting there really.



CMC only lists projects that have been registered on their site. I don't know if CMC will do an analysis first or not. But you are right that projects that have been listed on CMC can also be useless projects like LUNA. When LUNA crashed which made its price drop by 99% but you can see that Luna Classic is still listed on CMC. At least CMC can help you avoid scam projects. But some projects can be unlisted from the exchange or CMC.

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