CoinMarketCap
review and rating

CoinMarketCap is a well-known platform in the cryptocurrency space, providing a wide range of information and services for users. Here are some interesting points about CoinMarketCap:

- CoinMarketCap was founded by Brandon Chez in 2013.

- The platform was created as a simple way to track the market capitalization of Bitcoin.

- Over the years, it expanded its services to include a comprehensive list of cryptocurrencies and related data.

- In April 2020, CoinMarketCap was acquired by Binance, one of the world's largest cryptocurrency exchanges.

- The acquisition raised discussions in the crypto community regarding the independence and neutrality of market data.

- CoinMarketCap played a significant role in popularizing the use of market capitalization as a metric for comparing cryptocurrencies.

- Market cap is calculated by multiplying the current price of a cryptocurrency by its circulating supply.

- CoinMarketCap has specific criteria for listing cryptocurrencies on its platform, including factors like liquidity, community interest, and project development.

- There have been debates about the fairness of the listing process, with allegations of projects paying fees for favorable listings.

- The platform provides a plethora of metrics for each cryptocurrency, including price, market cap, trading volume, circulating supply, and historical data.

- Users can explore charts, technical analysis, and other relevant information for informed decision-making.

- CoinMarketCap is consistently ranked among the top financial websites globally according to Alexa rankings.

- It attracts a broad audience interested in tracking cryptocurrency prices and market trends.

- CoinMarketCap offers API services that allow developers to integrate real-time cryptocurrency data into their applications or websites.

- This has contributed to the widespread use of CoinMarketCap's data across various platforms in the crypto ecosystem.

- CoinMarketCap Earn is an educational initiative by CoinMarketCap that allows users to learn about different cryptocurrencies by watching educational videos.

- Users can earn cryptocurrency rewards by participating in these educational programs.

CoinMarketCap has a mobile app available on both iOS and Android platforms, providing users with real-time cryptocurrency data on the go.

CoinMarketCap provides market analysis, news, and insights to help users stay informed about the latest happenings in the cryptocurrency space.

While CoinMarketCap has played a crucial role in providing cryptocurrency data to the community, users should be aware of potential limitations and biases in the data and consider using multiple sources for a comprehensive understanding of the market.