CoinGecko challenges CoinMarketCap's dominance as a crypto market resource
“CoinGecko is locked in a David and Goliath battle to be the site record for crypto financial information.” The gap is narrowing between crypto analytics providers CoinMarketCap and CoinGecko when it comes to the number of website visits each receives per month.According to a Dec. 1 report from news outlet The Ken, CoinGecko had 20.6 million monthly desktop and mobile visitors as of October, compared with CoinMarketCap’s 29 million. These numbers represent a 135% increase in site traffic for the Singapore-based firm since May, when CoinMarketCap drew four times as many visitors as the....
Related News
On September 28, reports stemming from social media and crypto-focused forums detailed that China has been blocking a number of cryptocurrency websites. The Twitter handle for 8btc News tweeted that the web portals coinmarketcap.com and coingecko.com have been blocked from mainland China. The ‘Great Firewall,’ as it is often called, has also blocked a number of other sites like tradingview.com as well.
Specific Crypto Web Portals Are Currently Inaccessible in China
One thing the world knows is that China likes to censor the internet and via the combination of....
While CoinMarketCap was acquired by Binance during post-2017 crypto winter, the current bear market is not the right time to sell CoinGecko, its COO said. Major cryptocurrency tracking website CoinGecko is open to acquisitions, but not right now, according to a co-founder of the platform.CoinGecko has been hit by the current crypto bear market, but the firm is far from selling off, CoinGecko chief operating officer Bobby Ong told Cointelegraph.Ong believes that all crypto-related companies are affected by the cyclical nature of the industry as they usually do well during bull runs and....
Just like BraveNewCoin and CoinMarketCap, CoinGecko is another tool that I visit frequently when prospecting over potential coins to invest into whether that’s for a short term profit, or a long term possession. CoinGecko makes it easy for traders to manage their coins via a closed invite-only dashboard (which I’ll be looking at in a later article)that allows traders to view liquidity, exchange, prices for the current day, so on and so forth. For now they have 50+ coins, but I’m assuming they will add more as time goes on by. Regarding whom I’m talking to, I am honored to be talking to....
Altcoins have risen to a three-year dominance high after tagging a record combined capitalization of nearly $1.5 trillion last week. While Bitcoin tumbles in response to Elon Musk’s Twitter account yet again, altcoin dominance has surged to its highest level in roughly three years.As of this writing, Bitcoin represents 40.3% of the combined crypto asset capitalization — the lowest it has been since June 2018, according to CoinMarketCap.Bitcoin hit a market dominance low of 33% in January 2018 when it was cooling from its previous peak while the altcoins were just hitting theirs. It is....
In a sea of cryptocurrency and altcoins, it can be incredibly difficult to pick and choose which ones to believe in. Without doing the proper research, anyone can be stuck following a hopeless coin. Sometimes people quote CoinMarketCap's figures but there is more to the picture than that. It's well-known that a coin cannot thrive based on the vanilla "economic" value of market cap . Dogecoin is a cryptocurrency that has a massive production rate, but a large and active user base to balance it out: Something that Dogecoin's market cap doesn't necessarily inform you of. That's where....