Crypto․com CEO Kris Marszalek is having trouble with coinmarketcap.com’s exchange volume rankings, according to a tweet he posted on December 25. In his tweet, Marsalek claimed that the popular cryptocurrency aggregation site “arbitrarily lowered” the exchange’s ranking.
Crypto․com CEO Complains About Coinmarketcapcom’s Exchange Ratings
A recent tweet from Crypto.com CEO Kris Marszalek notes that the exchange’s CEO is upset with the coinmarketcap.com web portal. Marszalek claims that Crypto.com exchange volumes are being misreported and that the trading platform’s ranking has been changed to 14th on a whim.
“happy Birthday [the] a team [at] Coinmarketcap who, a week after my response to his poorly worded tweet, lowered our exchange ranking to #14,” Marsalek chirp On the birthday of Christ. “We are 2/3rd on Coingecko, so you know where to look for real, market-neutral data,” added the CEO of the exchange.
According to statistics on coinmarketcap.com, Crypto.com ranked 16th on Sunday. However, Coingecko’s spot exchange metrics indicate that Crypto.com ranks second in terms of trade volume rankings today. The 24-hour trade volume of Crypto.com is $2.8 billion, according to Coingecko statistics. Meanwhile, coinmarketcap.com (CMC) metrics show Crypto.com to have a volume of $1.5 billion, down more than 15%.
After Marsalek’s tweet, a number of people responded to his allegations. Official Baby Doge Team He said They were having a hard time getting CMC to check their BABYDOGE supplies. Coingecko co-founder Bobby Ong thanked Marsalek for his compliment. “Happy birthday Chris,” Ong replied. “Thank you for all the support. Have a happy holiday with your family.”
Several other people who responded to Marsalek’s tweet said that it is well understood that the Binance trading platform owns CMC. “CMC is owned by Binance… I am not surprised,” one person replied To the Crypto.com CEO’s tweet. “[I] Another replied, “Never use CMC since Binance bought it.”
Coinmarketcap․com’s price feed became choppy on December 14
The news comes on the heels of CMC’s issues on December 14, when people were complaining that the site was showing price discrepancies. On that day, the price of Bitcoin (BTC) on CMC was $778 billion per unit and many other coins prices were wrong. The Communications and Media Authority addressed the situation in a tweet regarding price violations, after receiving numerous complaints on social media.
“Following the irregularities we noted on our platform this afternoon,” CMC wrote in response to the complaints.[and] Although the issue is fixed, we will restart our servers as a last step according to our internal repair plan. We apologize for the inconvenience, the portal team books. Later in the day, Cmc joked chirp:
How did it feel to be a trillionaire for a couple [of] hours?
What do you think of Crypto.com executives’ complaints against CMC’s stock exchange ratings? Tell us what you think about it in the comments section below.
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