Quote from: DJANAS on Today at 12:47:12 AM

I noticed that Recently CoinMarketCap website has been adding new Tokens without verifying the Token team,goals, and if it's legit.

i Remember that the website used to check every Token before publishing it to the public.

They have their own checking and verifying criteria before listing a token there.

They don't require projects give their KYC documents to approve listing request. It did not apply in the past but after the DeFi and GameFi, NFT, Metaverse trend in 2020 to 2022, I saw Coinmarketcap did a great improvement by attaching their warning on mint function in smart contract. It serves a purpose to remind investors that those project teams can mint more tokens in future with the Mint function.

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Most of these currencies collapse during the first weeks of its launch.

Altcoins are pump and dump games which are not responsibility of Coinmarketcap to control.

They only can reduce rug pulls for investors with their criteria. Rug pulls usually occur with projects that list their tokens on DEX, Poocoin and they even don't have chance to appear on Coinmarketcap.