![]() CoinGecko also avails both Android and iOS mobile apps for crypto enthusiasts. Social metrics refer to community activity on Facebook, Twitter, Reddit, and Telegram.Īdditionally, CoinGecko covers at least 7,000 cryptocurrencies and shows price change in the last seven days. CoinGecko believes the activity of developers indicates innovation and development of the cryptocurrency, and a strong developer team serves as the backbone of the success of the coin. Developer metrics refer to the development activity of the cryptoassets via public source code repositories such as Github, Gitlab, and Bitbucket. The "Gecko" score consists of developers and social metrics. It was founded in April 2014 by TM Lee and Bobby Ong and is based in Singapore.Īpart from pricing and trading volume of crypto, CoinGecko has a unique ranking metrics called "Gecko". Decisions will be made according to the best interests of CoinMarketCap, meaning that we will continue to develop products and services that benefit CoinMarketCap users, and continue working with partners and customers in a way that benefits them and brings the greatest value to them.” CoinMarketCap will continue to enforce its independence in listing criteria, circulating supply calculation methods, and Liquidity Metric ranking methodology.ĬoinGecko is another site that tracks and evaluates cryptocurrencies on the foundation of different metrics. Carylyne Chan, who will replace Brandon Chez as the interim CEO of CoinMarketCap, addresses the “most immediate” concerns of independence to the community, “CoinMarketCap will continue to be run independently, as an independent entity, from Binance. CoinMarketCap also provides both iOS and Android mobile apps to assist users to look at crypto markets on the go.Įarlier this month, CoinMarketCap was acquired by leading crypto exchange Binance for an undisclosed fee, though it was previously reported to be a whopping $400 million. Apart from crypto statistics, CoinMarketCap is building a more comprehensive ecosystem such as cryptocurrency job board, and CoinMarketCap interest, a platform to compare borrowing and lending products in DeFi. CoinMarketCap also offers other crypto ranking metrics such as perpetual swaps markets in derivatives, liquidity and trading volume of crypto exchanges, daily tracking on market capitalization, and trading volume of the entire cryptocurrency market. Market Capitalization= Price X Circulating supply. ![]() ![]() It ranks the top 100 cryptocurrencies based on total market capitalization, which is calculated after multiplying the price by circulating supply, i.e. This crypto data site is headquartered in the United States since May 2013 and it was developed by Brandon Chez.ĬoinMarketCap currently houses 5,392 cryptocurrencies with more than 21,000 market trades. Who is the biggest threat of CoinMarketCap?ĬoinMarketCap is the leading crypto data provider. However, its dominance came into question following the emergence of crypto data sites such as CoinGecko, WorldCoinIndex and LiveCoinWatch. Since its inception in 2013, CoinMarketCap has been widely regarded as the leading provider in cryptocurrency pricing and trading data. ![]() The crypto market has proven to be a force to reckon with since Bitcoin, the leading cryptocurrency, was launched in 2009. As a result, crypto data sites emerged and gained popularity with their ability to assist people in tracking cryptocurrencies prices and trading data in real-time. The ability to process data into insights is essential for cryptocurrency traders to make informed decisions. Whereas, dApp developers who want to access information using The Graph’s platform will pay for the information using the GRT token.Information is power as it comes in handy in decision-making. Indexers earn rewards for their participation in the for of The Graph’s native token, GRT. Participants of The Graph’s platform, knows as “Indexers”, help to connect Ethereum blockchain app developers with information stored across the Ethereum network. The Graph indexes the Ethereum network, aggregates all the data it finds, and then makes it available on The Graph’s marketplace in the form of “subgraphs” - almost like how specific folders of information would be stored on a computer hard drive. Similar to how Google indexes websites, trawling through all website data to allow users to access it, The Graph does a similar job - but on the Ethereum blockchain. This project aims to solve the issues surrounding data retrieval on the Ethereum blockchain, as it can be difficult for applications (dApps) built on Ethereum to retrieve essential data required for apps to function properly. The Graph is a data aggregation and retrieval platform built for the Ethereum blockchain.
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