Ranking System

Here are two new metrics from the top cryptocurrency data aggregator CoinMarketCap (CMC). The new metrics is to rank exchanges and market pairings according to several factors that are aimed at reducing the effect of fake volume on the platform’s data. In recent times, CMC presented some changes which proved controversial for favoring its new parent firm Binance, thereby requiring the changes just introduced. On May 29, CMC presented its new ‘Confidence’ metric for the identification of suspicious volumes reported by exchanges.…