Coin marketcap & Coin gecko
Hi guys this is rana here again with another blog. In this blog I would like to talk about coin marketcap and coingecko. It’s a pleasure to me to write in tron fan club. I am happy and
Bellow I would like to write about those two website in two paragraphs.
CoinMarketCap :
It is a popular website and platform that provides information about cryptocurrencies and their market capitalization. It was founded in 2013 by a person named Brandon Chez.
CoinMarketCap started as a personal project by Brandon Chez, who was interested in cryptocurrencies and saw a need for a website that would aggregate and display data on various cryptocurrencies in a simple and easy-to-understand manner. He began gathering data from different exchanges and created a website to display the information.
Initially, CoinMarketCap listed only a few cryptocurrencies, but as the popularity of cryptocurrencies grew, so did the number of coins listed on the platform. CoinMarketCap provides information such as the price, market capitalization, trading volume, and other relevant data for thousands of cryptocurrencies.
In 2018, CoinMarketCap was acquired by Binance, one of the largest cryptocurrency exchanges in the world. The acquisition brought additional resources and support to CoinMarketCap, allowing it to expand its services and improve its platform.
Over the years, CoinMarketCap has introduced several features and tools to enhance the user experience. These include portfolio tracking, watchlists, historical data, and educational resources. CoinMarketCap has also launched mobile apps for iOS and Android devices, making it more accessible to users on the go.
Throughout its history, CoinMarketCap has faced criticism and controversies. One of the main criticisms was related to the accuracy of the reported trading volumes on the platform. In response, CoinMarketCap has taken steps to address these concerns and improve the transparency of its data.
CoinMarketCap's role in the cryptocurrency ecosystem has been significant. It has become a trusted source of information for investors, traders, and enthusiasts who want to stay updated on cryptocurrency prices and market trends. The platform has also played a role in the growth and adoption of cryptocurrencies by providing a centralized place for users to discover and research different digital assets.
As of my knowledge cutoff in September 2021, CoinMarketCap continues to operate as a leading cryptocurrency data provider and is widely recognized as one of the most prominent platforms in the industry. However, it's worth noting that the cryptocurrency market is highly dynamic, and there may have been further developments or changes to CoinMarketCap since then.
That's all I know about coinmarket cap and bellow I would like to talk about coin gecko.It may be the best opportunity to talk about this website in steemit in this channel.
CoinGecko :
It is a popular cryptocurrency data platform that provides information about various cryptocurrencies, including their prices, market capitalizations, trading volumes, and more. It was founded in 2014 by Bobby Ong and TM Lee. It has become one of the leading cryptocurrency data aggregators in the industry.
CoinGecko collects data from multiple exchanges and provides users with a comprehensive overview of the cryptocurrency market. It tracks thousands of cryptocurrencies and provides detailed information about each one, including historical price charts, market trends, developer activity, community statistics, and more. CoinGecko also offers additional features such as portfolio tracking, price alerts, and a news section to keep users updated on the latest developments in the cryptocurrency space.
One notable feature of CoinGecko is its ranking system, known as the CoinGecko Ranking (CGRank). The ranking algorithm takes into account various factors such as liquidity, trading volume, community engagement, and developer activity to provide a relative ranking of cryptocurrencies. This ranking system helps users assess the overall health and popularity of different cryptocurrencies.
CoinGecko's website (coingecko.com) is user-friendly and provides a wealth of information for both casual cryptocurrency enthusiasts and experienced traders. The platform has gained a strong reputation for its reliability and accuracy in providing cryptocurrency data. It has also expanded its services to offer additional features and tools to cater to the growing needs of the cryptocurrency community.
It's important to note that my knowledge is based on information available up until September 2021, and there may have been updates or changes to CoinGecko since then. I recommend visiting the CoinGecko website directly for the most up-to-date information and features.
Thiese are two websites and I believe that I would like to give that web links to you so that ypu guys can see those practically and hope you can gain with my information.
You have shared an interesting post on coinmarketcap and coin gecko, thanks for sharing with us 😊👍
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