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CoinMarketCap Algorithm Changed: Is The Ranking Flawed?

From forbes.com

CoinMarketCap has over 125 million people relying on its data as a reference price and trusted source of information on cryptocurrencies. Recently, it underwent a major algorithm change that impacted the way that the top 200 coins are ranked. For no apparent reason, some cryptocurrencies took a massive dive. Out of those that were affected by the change, DAPS Coin was by far the worst. Adel de Meyer, the CEO of DAPS Coin woke up this weekend, discovering that DAPS Coin shifted out of position 176 to position 1,173 in a single day. No explanation had been provided by CoinMarketCap as to why DAPS Coin had dropped ... (full story)

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  • Category: Fundamental Analysis