ranking of cryptocurrencies becomes outdated in my oppinion, its quite easy to create a currency which has a higher marketcap than bitcoin, but a corrupt sect arround the indexes prevents listening of those.
with the end of national banking cartels a time called "coins of style" will come, in this it will be more about a cryptocurrency and about its management and much less about a pretended selffullfilling ranking.
this could then also help prevent to get the market divided into new marketmovements. that want to free themselves from attention monopolies of established top 10 coins.
etc.
regards
In my opinion the main problem with the ranking of cryptocurrency is that those ranks are usually subjective, I haven't heard that somebody is paying money in order to get higher ranks and ICO bench and whatever else sources.
No it was not subjective, the rankings of cryptocurrency is always based on the prices in different market's because in this way you can determine what coin has the highest progress in the industry.