Post
Topic
Board Announcements (Altcoins)
Re: [ANN][ALQO] PoW/PoS 0,17% Premine | Quark | ZeroCoin Protocol | 1-Second-TX
by
binary0x01
on 20/01/2018, 00:14:11 UTC
I noticed a slight change on ALQO coinmarketcap page. Coinmarketcap used to calculate market capitalization from Total supply of the coin. Now, they calculate market cap from Circulating supply which is probably Total supply less coins locked in masternodes. Nice move to make room for further growth in market cap  Wink

I noticed that this morning as well. While it is good news for outside investors to see the low marketcap – why the change? I haven’t seen any other coin be calculated by this. Why Alqo?


This change was new to the team as well and we were more or less "not happily surprised". In the end the dev decided not to directly contact CMC instead waiting a couple of days and check out if this low market cap will attract more investors eventually. Nevertheless for the fact that there is a lot of talks with financial officials, banks and so on this move from CMC was not good at all.

Lets see what the next days will look like and there will be action in that manner soon.

I think that's the smart way to go.