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RE: There Are Far More Inflationary Cryptos In The Jungle Than STEEM
The problem with using coinmarketcap as a source of data is that it does not take the supply of each coin directly from the blockchain. For example steem's market capitalization is calculated using what they call the "circulating supply". At this moment they show it as being 339 million but the blockchain shows 320 million.
Where are they getting the extra 19 million? It's not the virtual supply (that is 356 million). And this happens accross the board with most of the coins. So you can't trust their data.
How to browse blockchains, statistics? Any tutorial?
Thank you.
To be honest I am not sure if their is an easy way to do it. Do Coingeko, Concap or other rating sites have more accurate data? It's hard to say. Gathering information from thousands of tokens must get very expensive as you need to use some sort of API for each and every one of them.
One thing I am sure of is that coinmarketcap's info is shit.