Topic: PooCoin vs CoinMarketCap (Read 477 times)
Poocoin website sounds like good way to get price, volume and others details info. specially it track Bsc20 tokens which aren't listed on coinmarketcap or coingecko but available on any exchange!? Maybe it list altcoins for free. it also providing info for Polygon Ecosystem Coins too but more accurate data is for bsc but as this is first time i visit on poocoin, so i am not sure poocoin shows less wrong data than cmc or not but cmc will always superior by choice
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?
Even I am aware of poocoin and many other such services for tracking cryptocurrencies, I am always going with coinmarketcap because of its long running reputations. Even coinmarketcap was bought by binance in recent times, I am not finding anything disturbing to think about switch over to different platforms for referring about cryptos. I am kind of person who hates frequently changing service providers for no reasons.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?
I have not noticed any wrong information on shitcoins or any random coins in coinmarketcap but I guess here after I need to be careful so that I may need to decide whether I can be depending on coinmarketcap or not.
I choose coinmarketcap, I think the data and display from coinmarketcap is easier to understand even for beginners, I can get what I need on coinmarketcap, although many say that the data on coinmarketcap is manipulation but we must always compare it with the real thing on the market.
I can't even choose both.They each have their own advantages and disadvantages I think.
And indeed, when you say CMC, the lack of it can be added by Poocoin and vice versa
I still use them both and I don't even want to compare them because their characteristics are quite different and can't be compared
I choose coinmarketcap, I think the data and display from coinmarketcap is easier to understand even for beginners, I can get what I need on coinmarketcap, although many say that the data on coinmarketcap is manipulation but we must always compare it with the real thing on the market.
poocoin!! Thats quite unknown to me. agreed that sometimes cmc makes mistakes by showing us wrong data info but thats for a while and quiet rare. So depend on that matter, i can't recognise poocoin more accurate over cmc! Even poocoin has their own coin which doesn’t suppose impressive to me. so for check real data, i would like to give cmc more priority, although i love to use coingecko most of the time which is better than others data checkers websites
just like i just found out about poocoin, and i am trying to find a lot of information but there is still little i can know and it seems it will take some time for that, but obviously cant compare at the moment because all are new and need to know well.as long as we are still studying clearly of course we will use CMC which has become a habit that has been done so far. although I, like you, prefer to use coinecko, because for me it is easier and understandable.
once again the habit of using also affects everything.
poocoin!! Thats quite unknown to me. agreed that sometimes cmc makes mistakes by showing us wrong data info but thats for a while and quiet rare. So depend on that matter, i can't recognise poocoin more accurate over cmc! Even poocoin has their own coin which doesn’t suppose impressive to me. so for check real data, i would like to give cmc more priority, although i love to use coingecko most of the time which is better than others data checkers websites
just like i just found out about poocoin, and i am trying to find a lot of information but there is still little i can know and it seems it will take some time for that, but obviously cant compare at the moment because all are new and need to know well.as long as we are still studying clearly of course we will use CMC which has become a habit that has been done so far. although I, like you, prefer to use coinecko, because for me it is easier and understandable.
once again the habit of using also affects everything.
poocoin!! Thats quite unknown to me. agreed that sometimes cmc makes mistakes by showing us wrong data info but thats for a while and quiet rare. So depend on that matter, i can't recognise poocoin more accurate over cmc! Even poocoin has their own coin which doesn’t suppose impressive to me. so for check real data, i would like to give cmc more priority, although i love to use coingecko most of the time which is better than others data checkers websites
I usually use both depending on the conditions. If I'm researching shitcoin or a coin that isn't already in coinmarketcap but is already in poocoin. Of course I will go to poocoin. I think poocoin always provides coin information based on its network smart contracts. It is also very effective because it is always updated with decentralization.
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.
Well said. Poocoin is accurate and provides more elaborated information like liquidity of DEFI projects which is very useful for those who stake their funds on DEFIs.
Coinmarketcap is very old and huge site which is trusted worldwide among crypto community. It not only provides basic information about any crypto currency but also helps newbies to learn and earn opportunity as well as gives legit airdrops. it also helps finding out how big a digital currency is and helps to make smarter investment decisions.
i use both but for now use PooCoin more often. CoinMarketCap design is better than PooCoin which looks horrible and unattractive but PooCoin in my opinion is more accurate than CoinMarketCap whose price is late compared to real time prices.
Coinmarketcap tends to be an all rounder, though like you pointed out, it tends to show poor or inaccurate data on Shitcoins, which I think is correct considering its rendering of Saitama Inu data. I would pick Poocoins and even dextools over my shitcoins monitoring
Poocoin reads data on each contract from tokens in the BSC network, in contrast to coinmarketcap and Coigecko, they have an API to read the market cap of some exchanges, I think it's like a trading robot (correct me if wrong) but the use of poocoin so far is still good, because of the volume what is read is on Amm pertumaran like pancakeswap.
Poocoin gets first hand info on trading of all coin unlike coinmarketcap
Poocoin is reliable and to be trusted in everyway as coinmarketcap gets their infor from poocoin
Poocoin is reliable and to be trusted in everyway as coinmarketcap gets their infor from poocoin
I never heard about Poocoin but looks like PooCoin only introduce tokens on BSC, could be a great platform to analyze BSC tokens.
It is true that they mainly focus on bsc chain's tokens but besides you can also find tokens which belongs to, on kcc Network as well as matic (polygon) network. Although I am not sure how accurate the info poocoin shows for kcc and matic network PooCoin also doesn't provide the source of their info. I won't be surprised to discover that it gets info about the projects from cmc.
I may agree, poocoin gets info about the projects which are available on cmc but what about those bsc, matic, kcc project which aren't available on cmc but poocoin shows price as well as their volume and others information?! cmc is more popular than poocoin among crypto users. though poocoin may give better info in terms of bsc tokens, as they are like focusing more on bsc tokens. so they should give at least more accurate info. anyway, both platforms are to be used as just reference materials not ultimate source of actual data.
so for me, there's nothing to compare here. if you want precise numbers, go to the exchange itself and check the actual trading values. because we can't expect that they are using real-time data.
I never heard about Poocoin but looks like PooCoin only introduce tokens on BSC, could be a great platform to analyze BSC tokens.
It is true that they mainly focus on bsc chain's tokens but besides you can also find tokens which belongs to, on kcc Network as well as matic (polygon) network. Although I am not sure how accurate the info poocoin shows for kcc and matic network PooCoin also doesn't provide the source of their info. I won't be surprised to discover that it gets info about the projects from cmc.
I may agree, poocoin gets info about the projects which are available on cmc but what about those bsc, matic, kcc project which aren't available on cmc but poocoin shows price as well as their volume and others information?!
Both are different structure so i have no idea to compare both. Poocoin brings tracking many things like,transaction, wallet etc.Poocoin you use only for BSC network. coin market cap is good ideal Bitcoin, Eth and others coin token.I like both and im usually using poocoin and CoinMarketCap.i Think both are active and good community.
I don't have any idea to compare or choose between them because it's basically structural difference. To my knowledge poocoin is a form of live charting of data, while CMC is an API based price and chart aggregator of aggregated exchange data. Poocoin as a linked DEX. Anyway, there's not much choice to compete with CMC except last night's hack. Lol
I'm thinking CoinMarketCap is wrong. I had the same thing not long ago with $ASS and my sell price on PancakeSwap was the same as PooCoin, not what CoinMarketCap said.
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.
Well I'd personally prefer poocoin. Its price oracle is quite accurate compared to cmc. I have been using cmc android app since May and it really gives me a headache. Too laggy and not showing correct prices as well. Poocoin in the other hand is quite. They offer in house dex added by the actual price orders within the pool. 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.
I think the simple appearance of Poocoin is light, but for statistical completeness, Coinmarketcap is certainly better, especially the other drawback is that we have to look for the tokens that we want to analyze and make more time wasted. so overall for now i prefer CMC over poocoin.
poocoin it is more accurate because it scans one trading pair in real time because of this there is less spread in price, while on coinmarketcap there is an average value due to larger trading pairs.The first option is created for tokens that do not always even reach coinmarketcap. Jump to: