Topic: CoinMarketCap Rankings - page 2. (Read 307 times)
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?
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. 
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. 
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.
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.
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.
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-
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. 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.
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.
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.
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. 
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.
Maybe switch 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.
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.
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.
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