Coinmarketcap (CMC) is the most important cryptocurrency site on the internet. Since 2013, CMC has been providing price data for a wide range of digital assets and its user base continues to grow at a rapid pace.
The site is well-known for its accurate data, intuitive user experience, and detailed explanations of how it compiles each metric it displays. By default, users see the price of each asset in U.S. dollars but they can easily switch to BTC or ETH (Ether).
In addition to displaying basic information such as price, volume, market cap, circulating supply and 24-hour change, CMC also shows each asset’s supply schedule (if applicable), links to official sites, exchanges where they’re listed, and social media accounts (Twitter, Reddit, Facebook and Bitcointalk). If an asset has a website or whitepaper CMC will provide links to them as well.
The site’s most powerful feature may be its ability to filter assets by various criteria such as price range and location. For example you could search for coins that cost less than $0.25 and trade on Binance. You could also filter for coins that have dropped more than 20% over the past week or that have a low total
The most important cryptocurrency site on the internet is CoinMarketCap (CMC) – a website that tracks the price of cryptocurrencies in real time.
Many people think the most important cryptocurrency site is a wallet, or exchange, or other platform for trading and storing cryptocurrencies. But in reality, CMC is more important than any wallet or exchange because it sets the standard for pricing cryptocurrencies.
CoinMarketCap was launched in 2013 by Brandon Chez as an aggregate price tracker for Bitcoin, but has since expanded to include over 1,600 cryptocurrencies. It’s now one of the most visited websites on the internet, and if you’re into crypto you’ve probably checked it a few times today already.
The most important website in the cryptocurrency industry is not a blockchain explorer, not a wallet, and not a smart contracts interface. It’s a price ticker.
Coinmarketcap (CMC) is an online portal that tracks the price of hundreds of cryptocurrencies, including Bitcoin, Ethereum, Litecoin, and many others. CMC also provides other important metrics such as market cap and trading volume.
If you look at the Alexa rankings for crypto websites, you’ll see that CMC regularly ranks within the top 1,000 websites on the Internet. As of this writing, it’s in 730th place with a global ranking of 0.19%, which means it’s in the top 2% of all sites on the web. Compare this to coinbase.com (3,971st), blockchain.info (4,726th), or bitPay (58,325th).
The reason why CMC is so important is because it has become the de facto price aggregator for the entire industry. If you’re looking to buy some Bitcoin or Ethereum on an exchange or through an OTC provider, one of your first stops will probably be CMC to see what it’s selling for elsewhere.
Moreover, if you’re a journalist researching a story
Coinmarketcap (CMC) is the premier cryptocurrency site on the internet. It is the most important and most visited website in the cryptocurrency space, and with good reason.
If you’re at all interested in cryptocurrencies, then you probably visit CMC every day. You might not even realize it, but you do. You’ve memorized their website and logo by now.
But why is CMC so important? Why is it so widely used? Is it just a matter of first-mover advantage? Or are there other reasons that CMC has become the leader of the crypto space?
My guess is that it’s a combination of factors:
-CMC has a clean, simple design: No ads, no clutter, no nonsense. The design itself encourages people to use it.
-CMC has more information than any other site: When people go to CMC, they can find everything they need about any given cryptocurrency in one place. They don’t have to go to different sites for different information.
-CMC is trustworthy: People know that if they use CMC instead of some random alternative, they’ll get accurate information.”
There is no doubt that CoinMarketCap (CMC) is the most important site in the cryptocurrency space. The site, which provides data on more than a thousand digital assets and their markets, has become the number one destination for not only traders but also journalists and casual observers.
In fact, according to Alexa, CMC is currently ranked at number 106 for traffic in the U.S. This places it ahead of Reddit and Techcrunch, but still behind Google, Youtube, Facebook and Twitter – in other words, it’s a pretty big deal.
Because of this, I believe that CMC is the single most important website when it comes to influencing cryptocurrency prices.
There’s so many different exchanges and websites where you can check the price of Bitcoin and other cryptocurrencies, but the most important site, by far, is CoinMarketCap (CMC).
CoinMarketCap (CMC) is a website that provides a quick overview of the cryptocurrency market. It shows the current prices of over 1,000 different cryptocurrencies and is one of the main ways to research new coins. CMC has been around since 2013, making it one of the first websites in the crypto space. Over time, its popularity has grown, to where now it averages over 100 million visitors per month!
CoinMarketCap is important for a few reasons:
It has a simple user-interface that makes it easy to browse through all of the different cryptocurrencies. The site is also updated regularly and keeps track of changes over time. This allows you to see how much each coin has risen or fallen in value recently.
One thing that makes CMC popular among crypto traders is their “exchange” page: here you can easily find out which exchanges offer specific coins for trading purposes – something that’s not always clear when trying to buy/sell on other platforms like Binance or Coinbase Pro (GDAX).
The other reason why so many people visit CMC
Cryptocurrency has been around for a mere 6 years. In that time, the world has learned about Bitcoin, Ethereum and other coins, blockchain and distributed ledger technology, ICOs, smart contracts, Proof of Work and Proof of Stake. While these are all new concepts (to some), an important factor in the growth of the industry is coinmarketcap.com (CMC).
This site has become a de facto standard for digital currencies. It provides information on over 1,200 cryptocurrencies in circulation today. Not only does CMC list each coin’s price in BTC and USD but it also provides information on market cap, 24 hour volume and circulating supply. This is a great resource for crypto investors wishing to gauge the health of any cryptocurrency.
What’s even more impressive is that CMC updates this information in real time. This means at any given moment you can see exactly how many coins are in circulation and what the market value is for each coin. You can also see how well any particular currency is doing by looking at its 24 hour change. This leads us to what CMC does best: price discovery.