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2019-08-31 20:30:15

CoinMarketCap changes metrics to rank cryptocurrencies more fairly

CoinMarketCap is changing its metrics to increase data transparency and hence improve the accuracy of its cryptocurrency rankings. Cryptocurrency rankings can be easily manipulated through various methods, including wash trading. In wash trading, a person trades against himself to generate a false trading volume that can mess up the rankings. To make things fair and accurate, CoinMarketCap is taking a step towards better ranking methods. CoinMarketCap is set to introduce new metrics that will be launched in mid-November. You've spoken, we've heard! We will be testing a change in our ranking methodology on Monday, Sept. 2, to represent all cryptoassets