Do you Believe Exchange Volume of the Coinmarketcap?
Also Do you believe exchange volume?
I think all the exchanges are fake!!!
If people can lie about volumes, if exchanges can give out only fake volume what will now happen if liquidity comes first instead of volume? coinmarketcap have taken the right step by ranking coins and tokens with liquidity instead, its on their website like this 'We just launched Liquidity to combat the volume inflation problem'.
Yes they made some changes, and now they have different ranking system, which is a good thing. There was a lot of drama this year about coinmarketcap and their manipulations with some coins. In anyway coinmarketcap and similar sites should be just for information purposes only. Take a look what they have to say, but if you wish to be sure in something check that on several more places.
In the case you missed this article "For 15k, he`ll fake your exchange volume - you'll get on coinmarketcap". Link to the article :
https://www.coindesk.com/for-15k-hell-fake-your-exchange-volume-youll-get-on-coinmarketcapQuote from the article, for people who don't like to read too much:
A firm that specializes in making obscure cryptocurrencies look like theyre being actively traded. For a fee, the two-man shop will program bots to trade a token back and forth with each other on also-ran exchanges until it has enough volume to get listed on CoinMarketCap.
Do you have a better picture now whats happening around the crypto?