Today’s
topic is very interesting and I’m very excited to write about it.
Before starting the blog, I’ll give a
short explanation of COIN MARKET CAP. It
is a website which is known for its listings of cryptocurrencies with their respective
Market Volume and Current Market Value. Coin Market is best known for providing
accurate and legit information.
Let us know more about Coin Market
Cap.
What
exactly it is made for?
Why
should we use it?
Like this, several other questions will
be answered in today’s blog.
So, let’s begin it!
The person who came up with it is Brandon
Chez. He founded Coin Market Cap in mid-2013. As per the experts, Coin
Market Cap is World’s Most referenced price tracking website with around 83 Million
pages views from worldwide and 1 Million daily active sessions. They
claim to have the highest traffic among all other crypto sites.
Isn’t
it amazing?
There are many more things which will
drive you cofounded. As per ALEXA Traffic rank it holds the position of 815th
in global market.
When we talk about their mission, then
they have following mission associated with Cryptocurrencies and Crypto assets.
Their mission is to;
·
Make Cryptocurrencies
discoverable.
·
Make efficient
globally.
·
Empower retail
users with unbiased, high quality and accurate information for drawing their
own informed conclusions.
Coin market cap is considered as most
trusted source of cryptocurrency by users, institutions and Media. Even it
cited by major outlets like CNBC, BLOOMSBERG, FORBES
and many others.
Now, let’s see some of their important
moments throughout their journey.
·
May 2013: Coin Market Cap launches on this day.
·
May 2016: Introduces its first API.
·
May 2018: Launches first iOS app.
·
Aug 2018: Launches its professional API.
·
April 2019: Launches its first Android App.
·
Nov 2019: CMC introduces the Liquidity Metric.
·
April 2020: Binance acquires Coin Market Cap.
 |
| App View in CMC Mobile App |
My
personal opinion for Coin Market Cap.
I personally like it because of its
accurate data and statistics. When you access the website, you won’t get any
lag or difficulty in surfing. Everything is smooth and easily readable. Here,
on CMC you can see more than 5.5k Cryptocurrencies stats. On dashboard you
can see a list of TOP 100 Cryptocurrencies. All coins are well arranged
in descending order by their capitalization amount.
Coin Market Cap also has its own
application for Android and iOS. The app UI and interface are
quite delightful and filled with multi-tools. It is also user friendly and
gives an option for coins comparison. There is a different category for TOP
EXCHANGES too with respect to their average liquidity and web traffic
factor.
I personally suggest everyone of you
to use Coin Market Cap regularly in form of App or Website. This is very useful
for traders, users and analysts.
THE END
WAIT
HOLD
On!
I hope this blog will help you with certain
things effectively. If you like it, then do share it with everyone.
Let the knowledge be spread by words to the
world. 😊
Altcoins
binance
Bitcoin
blockchain
COIN MARKET CAP
Cryptocurrency Market
Ethereum
Stable Cryptocurrencies
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