I’ve been using them for years, I know Binance owns them…but I can’t understand why page 3 (starting at #201 Hex) has coins like Safemoon, that have a higher market cap than every coin on page 2…but is stuck on page 3.
It’s like they put a velvet rope at coin #201, and only some coins can pass beyond that, and others can’t.
What is the explanation? Do you have to pay Binance to get past this velvet rope? Does someone at Binance try and decided what’s “worthy” of being on the first two pages?
If we look at market capitalization, HEX tokens are much higher than MVL, but CMC's position is better in MVL than HEX. Apart from that, the daily trading volume is also higher HEX compared to MVL. I don't understand what Coinmarketcap is working on. Maybe there's another way they set the CMC's best position?
Rank #200 MVL
Marketcap $181,454,119 Volume $9,256,607Rank #201 [/color]HEX
Marketcap $75,852,139,614 Volume $59,253,502