Post
Topic
Board Altcoin Discussion
Re: Is CMC still safe at all ??
by
IVEXO
on 22/04/2019, 18:33:12 UTC
I’m starting to worry about coinmarketcap lately, after series of deceit and spammish activity
The following are my observed reasons

1. Many dead projects still on cmc

2. Market cap is fake Cox many projects which have seized to trade adds up to the market cap

3. Cmc doesn't verify authenticity of projects before listing it

4. CMC now have ads of fake icos on their website thereby leading people to scammers


Funny enough so many NOOBS believe anything and everything dey see on cmc to be authentic

Let me stop here and anyone against it should bring a proof to counter it
Or offer more options

Well, at least they have some requirements for coin or token to be listed on their site such as daily trading volume.
It means a brand new coin cannot be listed on Coinmarketcap unless they have listed on some exchanges to gain volume.
Many coins dead in coinmarketcap because they were not developing anymore.

Yes I do agree with you and which is why coinmarketcap also have to delist all the tokens that are no longer developing and are void without volume

That form of clearing off spam projects will renew a fresh revolution for coinmarketcap