Topic: CoinMarketCap Rankings (Read 307 times)
I think Coinmarketcap is always innovating so that it becomes the main reference of investors, the thing that makes us always curious is the number of registered coins and tokens at this time more than 20k, but I'm sure all eyes will focus on the top 200, and I always look for the best coin references in Coinmarketcap .
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 think coinmarkecap has a few requirements towards projects before they get their proper listing within the top 200, the marketcap alone is not enough. I think they need to be listed on at least 2 or 3 different centralized exchanges in order to get a listing within the top 200. People already named Kadena and Hex as examples for big projects that have big market caps but are not listed within the top 200. Radix is another one. At the moment it is ranked at around 3300 even though the real marketcap of this project would put it around rank 80 at the moment. At coingecko Radix is ranked at 83. Sometimes coinmarketcaps rules are a bit confusing.
First of all, as friends have mentioned, this could be a mistake. But coinmarketcap is a platform open to manipulation. Because even cryptocurrencies, which should not be in the ranking, can enter the ranking with voting on cmc and manipulations by some people. It is also necessary to take a look at alternatives other than cmc. Because now Coinecko offers better and more appropriate statistics than cmc.
Since Coinmarketcap was in the hands of CZ, there have been a lot of problems, but of course I really appreciate CZ for making Coinmarketcap better,
airdrops that were not there before, are now much more common on coinmarketcao,
of course this is a positive thing, because I prefer Coinmarketcap to Coingecko,
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.
Coinmarketcap as is customary has spent signigicant time developing an exhaustive algorithmic solution to the issue after extensive research and data analysis the determined that market liquidity and the number of exchange traders were the two most important factors in overall volume the volume of an individual driven crypto trading market suffers without many traders and liquid markets. The project must have a market cap that has been confirmed by CMC and fall within the boundaries of the top 201 and above the project's market cap must be at least as much as the CMC estimates it to be. Cryptocurrencies that do not have a CMC verified market cap and do not have a ranking based on 24 hour trading volume.
Yeah, most people measure coin with its market cap valuation, how much the market cap is.
But i think Coinmarketcap team doesn't measure coin in such way, they must be have something else other than market cap valuation to measure the coin rank.
You can order the top coins list by market cap from highest to lowest, I don't think there is anything other than market cap. But if you sort by 24-hour volume then USDT is included in the top 1 coin with the highest trading volume.But i think Coinmarketcap team doesn't measure coin in such way, they must be have something else other than market cap valuation to measure the coin rank.
I think it's error coming from CMC as it could potentially misled many of traders with its error, Even if it's their business decision in making such lists I think it's really bad decision that could mislead many of the traders in the long term.
there are many cases in CMC that makes some coin have wrong market capitalization due to wrong supply listed.
so if you want to check some coin valuation and market capitalization it's better if you compare cmc with coingecko so that you can be really sure with the market capitalization of the coin.
there are many cases in CMC that makes some coin have wrong market capitalization due to wrong supply listed.
so if you want to check some coin valuation and market capitalization it's better if you compare cmc with coingecko so that you can be really sure with the market capitalization of the coin.
There's many instances of wrong listing on coinmarketcap. Some coins or tokens listed lower than they should be. A good example is Saitama Inu. It clearly had a bigger market cap than it's competitors like Shiba Inu, (at a point) but was stuck way down. Rumor has it CZ Had quite a nice bag of Shiba. That is why binance chain becomes too centralized for the good of crypto
What can we do see this coinmarketcap. Coin will perform by its usecase in crypto work, if the project is good then nobody can stopped their growth. Community can make any project big by their support no matter what their rank is, so their is nothing to talk about coinmarketcap. In future there is no guaranteed that all rank coin will perform same like past.
Yeah and i have experienced how some big coins in the past become nothing for now a those projects got replaced by new projects that have been performed even better and better compared with the projects. The old projects were bad for this time. The tech is getting evolved but those old projects didn't wanna follow the waves and then they were being replaced with the new projects with better usecase. Anything other than that, would be a great way to say that it's not going to stay in top 10 forever, it just doesn't make sense. I personally believe that the best way to do this would be a great and amazing profit that we could use for all the non-top10 projects that will get in.
What can we do see this coinmarketcap. Coin will perform by its usecase in crypto work, if the project is good then nobody can stopped their growth. Community can make any project big by their support no matter what their rank is, so their is nothing to talk about coinmarketcap. In future there is no guaranteed that all rank coin will perform same like past.
Yeah and i have experienced how some big coins in the past become nothing for now a those projects got replaced by new projects that have been performed even better and better compared with the projects. The old projects were bad for this time. The tech is getting evolved but those old projects didn't wanna follow the waves and then they were being replaced with the new projects with better usecase.
What can we do see this coinmarketcap. Coin will perform by its usecase in crypto work, if the project is good then nobody can stopped their growth. Community can make any project big by their support no matter what their rank is, so their is nothing to talk about coinmarketcap. In future there is no guaranteed that all rank coin will perform same like past.
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!
Yeah, most people measure coin with its market cap valuation, how much the market cap is.
But i think Coinmarketcap team doesn't measure coin in such way, they must be have something else other than market cap valuation to measure the coin rank.
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-).
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. 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-).
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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.
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.
@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:
An asset need to have good volume/activity and listed in reputable markets.
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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.
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.
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.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.
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. 
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.
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!
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.
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. Jump to: