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1) Unpopular take: @cz_binance partially saved @CoinMarketCap.
2) NOT INVESTMENT ADVICE. NOT DATA ADVICE. NOT MARKETCAP ADVICE.
3) Let me start by saying something more popular:
@coingecko has caught up to CMC. It happened slowly and then all at once.
That& #39;s extremely impressive.
And it& #39;s extremely bad news for CMC.
@coingecko has caught up to CMC. It happened slowly and then all at once.
That& #39;s extremely impressive.
And it& #39;s extremely bad news for CMC.
4) And it happened, in part, because Binance further hurt CMC& #39;s reputation by the perception of bias.
A perception of bias did the damage. But there was also actual bias.
@OKEx is currently ranked #37: https://coinmarketcap.com/rankings/exchanges/
Tell">https://coinmarketcap.com/rankings/... me that& #39;s reasonable, I dare you.
A perception of bias did the damage. But there was also actual bias.
@OKEx is currently ranked #37: https://coinmarketcap.com/rankings/exchanges/
Tell">https://coinmarketcap.com/rankings/... me that& #39;s reasonable, I dare you.
5) @coingecko is the better product.
But that& #39;s been true for a while.
And if you look at what& #39;s happened _recently_ --
Gecko has gotten better.
But CMC is a world of difference.
But that& #39;s been true for a while.
And if you look at what& #39;s happened _recently_ --
Gecko has gotten better.
But CMC is a world of difference.
6) A year ago, CMC wasn& #39;t even close. 80% of the & #39;top& #39; exchanges were fake.
It was a matter of finding the real ones, not removing the fakes.
It was a running joke how bad it was.
It was a matter of finding the real ones, not removing the fakes.
It was a running joke how bad it was.
7) And now, it& #39;s...
not that bad.
OKEx is egregious, but the top 10 spot are overall somewhat reasonable.
Top 10 derivatives could use a bit more work, but it& #39;s like 70% correct, which is still way better than before.
not that bad.
OKEx is egregious, but the top 10 spot are overall somewhat reasonable.
Top 10 derivatives could use a bit more work, but it& #39;s like 70% correct, which is still way better than before.
8) And, I mean, I don& #39;t *know* why.
But I have a guess.
Pretty much the day Binance bought CMC, it started getting better -- a lot better.
It has a lot of catching up to do, but the product has gone from hopelessly fucked to competitive.
But I have a guess.
Pretty much the day Binance bought CMC, it started getting better -- a lot better.
It has a lot of catching up to do, but the product has gone from hopelessly fucked to competitive.
