CoinMarketCap has found itself in another heated battle yet again. Chris Marshalek, Crypto.com CEO, hotly rebuked it for publishing incorrect information on exchange trading volumes.
His objection came after Coinmarketcap shifted Crypto.com exchange to the 14th position.
“Merry Christmas to team CoinMarketCap who a week after my response to their poorly worded tweet arbitrarily reduced our exchange ranking to 14thWe are 2nd/3rd on Coingecko so you guys know where to look for real and market neutral data”
Reporters confirmed that on Coingecko, Cryptocom is in the 2nd place as a top crypto exchange in terms of the daily trading volume while on Coinmarketcap, it is currently in the 15th position.
That issue first came up on December 15 when the CEO of Crypto.com, Marshalek reported to ranking site that their exchange data is incorrect. In their reply, the team joked that he may have to cancel the Forbes interview due to that matter and then asked:
Buy Crypto Now“Did you tell that to Coinbase & Cryptocom too?”
Replying to the non-serious behavior portrayed by CoinMarketCap, Marshalek stated:
“You don’t need to tell us anything; – we are already working on removing the unreliable price stream of CoinMarketCap from our product.”
Baby Doge, another surging meme coin also posted a complaint that the crypto-ranking website refused to validate their supply and demand for a highly decentralized version of Coinmarketcap.
“We have a very similar issue with CoinMarketCap refusing to verify our supply. We need a decentralized version. Thankfully coingecko has verified Babydoge and remains a neutral source! Ranked at #218 today”
Last year, the crypto-ranking platform was bought by Binance. In July 2020, it placed Binance Coin at the top of the decentralized finance (DeFi) token rating. After heavy criticism on social media; it removed the token without explaining why it had shown the coin as a top DeFi coin.
