The Currency Analytics

Crypto world proud of CMC and CoinGecko for fighting against fake volume data

By Maheen Hernandez

Things seem to be falling into place finally for the crypto industry. Credit largely goes to CMC and CoinGecko for being prompt with stern actions against illicit ventures.

The month of March was certainly a black month for the entire crypto world. In the middle quarter of the month, leading crypto index fund company Bitwise sent a sensational…

CMC has duly acknowledged about the validity of Bitwise report. Not only that, the company has announced to bring new metrics that can effectively combat attempts of fake volume…

CoinGecko launches “trust score” for ranking exchanges

CoinGecko has recently launched “trust score” for ranking exchanges that will help users to find the most credible exchanges easily.

This new method is designed to combine virtual traffic analysis from SimilarWeb and median sum of trading volume of users from ten trustworthy exchanges.

CoinGecko will further analyze order books of exchanges.

Thus, the “trust score” will be determined based on the combined study of trading volume as well as web traffic & order book.

Added to CoinGecko and CMC, another crypto platform is fighting against circulation of fake news in the crypto scene.

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