Coinmarketcap is the real reason why so many new projects devs are misleaded, they go to CMC and pick from the top rated exchanges to list their tokens because CMC gives all bad exchanges good rating, that's very misleading
Maybe now that Binance CZ is about to take over, new projects developers will start making the right decision about those Exchanges
CMC is just a promotion site and they make money by advertising projects and exchanges. Fake volumes are recorded by them. It is important that for project analysis we cannot use CMC data. We should know that where is a bad exchange and the first is a good exchange to invest properly. and in accordance with the rules of finance, the inexperienced and lazy people will be eliminated. Maybe now that Binance CZ is about to take over, new projects developers will start making the right decision about those Exchanges
I can't be agree with you. CMC is still one of a barometer for the crypto world. Your claim looks like dissatisfaction with authorities in your or someone's else country. That's not a good way