Some names I expected to be top 5 aren’t even close anymore, and others I barely used to notice are suddenly climbing fast in daily volume. It doesn’t feel like a one-off either looks like a pattern forming over the past few weeks.
Not sure what’s driving it, better product design, regional user surges, incentives, maybe just timing? But it’s interesting to watch. The whole structure feels less predictable than it used to be.
Could it be CG ranking isn’t accurate anymore ? Or a shift in user behavior? figured I’d throw it out here
When we do not have any mechanism of crossing the data provided by these exchanges to listing services like CoinGecko or coinmarketcap, I doubt about the possibility of high level of manipulations like paid services by these listing services to rank up. This must be a core problem of decentralization. Yeah, we do not have any regulating frame work hence we cannot verify any data provided by a service provider.
I see the chart and find it completely normal if you see how aggressive some of the exchange in top 5 in doing their marketing.
You mean those volume are real and just because of listing of new coin or a trading competition? Any exchange could manipulate their volume with their own accounts and fake trading. But, all these are just for luring naives for both trading and investing.