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Difference in Rank position between CMC and CoinGecko

  • 20-04-2019 9:34am
    #1
    Registered Users Posts: 2,723 ✭✭✭ stockshares
    Registered User


    Was checking Cosmos coin on Coinmarketcap and Coingecko.

    Rank is 1806 on CMC
    Rank is 12 on Gecko

    Can anyone explain this.

    Which one is more reliable. Thanks


Comments

  • Registered Users Posts: 6,026 ✭✭✭ grindle
    Registered User


    CMC doesn't have the circulating supply updated yet so it doesn't rank properly. If the circulating supply on Coingecko is right then their ranking is correct and the people who got into that ICO have just gotten a 70x return on their bet!
    Good for them.


  • Registered Users Posts: 2,723 ✭✭✭ stockshares
    Registered User


    grindle wrote: »
    CMC doesn't have the circulating supply updated yet so it doesn't rank properly. If the circulating supply on Coingecko is right then their ranking is correct and the people who got into that ICO have just gotten a 70x return on their bet!
    Good for them.

    Thanks, until now I had thought that CMC was the go to site for Market Stats.


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