Its been a very long time that I've been using coinmarketcap.com/new to find new crypto projects that just get listed on the platform and I've come to notice that every two to three days coinmarketcap always list up to 30 new crypto projects, how insane is that? It shows that more than 100 crypto projects are released every week cos some landed on coingecko first before coinmarketcap, this to me is scary
Of the hundreds of projects that are released every week, only one or two are successful. Because the project was not passed through the ICO or IEO process, they only relied on CMC to promote the project. However, this condition can worsen the image of other cryptos that are really seriously developed. I can't understand why a big site like CMC would do this.