Post
Topic
Board Altcoin Discussion
Re: Be careful Many New Tokens on Coinmarketcap are
by
beerlover
on 19/02/2023, 14:40:31 UTC
I noticed that Recently CoinMarketCap website has been adding new Tokens without verifying the Token team,goals, and if it's legit.
Most of these currencies collapse during the first weeks of its launch.
i Remember that the website used to check every Token before publishing it to the public.
Has anyone noticed that as well?
Coinmarketcap is just a listing services and NOT an investigation portal. So, if your own responsibility to keep checking the right and potential coin and tokens for your investments. After coinmarketcap is acquired by binance, you cannot expect nothing else but they will simply go for listing all the coins and token which are ready to pay their fees. So, being careful and ignoring shitcoins/tokens is up to the responsivity of individual investors.

Fortunately I never bother about the ranking of coinmarke cap for any reason. Like most people of this community consider marketcap is just a number and it got nothing to do with the future of a token or coin. So, ignoring the ranking of any services based upon the marketcap must be a good idea for safer investment habits.