Crypto․com CEO Kris Marszalek has an issue with coinmarketcap.com’s exchange volume rankings, according to a tweet he published on December 25. Marszalek claimed in his tweet that the popular crypto aggregation website “arbitrarily reduced” the exchange’s ranking.
Crypto․com CEO Complains About Coinmarketcap․com Exchange Rankings
A recent tweet from Crypto.com CEO Kris Marszalek indicates that the exchange manager is unhappy with the coinmarketcap.com web portal. Marszalek claims that Crypto.com’s trading volumes are poorly reported and that the trading platform’s ranking has been changed to 14th on a whim.
“Merry Christmas to [the] team [at] Coinmarketcap who a week after my response to their poorly worded tweet arbitrarily reduced our exchange ranking to 14th,” Marszalek tweeted on Christmas day. “We are 2nd/3rd on Coingecko so you guys know where to look for real and market neutral data,” the exchange CEO added.
According to statistics from coinmarketcap.com, Crypto.com’s exchange rank is 16th on Sunday. However, Coingecko’s spot trading metrics indicate that Crypto.com ranks second today in terms of trading volume rankings. Crypto.com’s 24-hour trading volume is $ 2.8 billion, according to statistics from Coingecko. Meanwhile, measurements from coinmarketcap.com (CMC) show that Crypto.com’s volume is $ 1.5 billion and down more than 15%.
Following Marszalek’s tweet, a number of people responded to his claims. The official Baby Doge team said they were having a hard time getting CMC to verify the BABYDOGE supply. Coingecko’s co-founder Bobby Ong thanked Marszalek for his compliment. “Merry Christmas Kris,” Ong replied. “Thanks for all the support. Have a happy holiday with your family.”
A number of other people who responded to Marszalek’s tweet said it is understood that the Binance trading platform owns CMC. “CMC is owned by Binance… I’m not surprised,” one person responded to the tweet from the Crypto.com executive. “[I] never use CMC since Binance bought them, ”another person replied.
Coinmarketcap․com’s Price Feed Gets Wonky on December 14
The news follows CMC’s issues on December 14, when people were complaining about the site showing price discrepancies. That day, the price of bitcoin (BTC) on CMC was priced at $778 billion per unit and many other coin prices were wrong. CMC addressed the situation in a tweet concerning the price irregularities after getting numerous complaints on social media.
“As a result of the irregularities we observed on our platform this afternoon,” CMC wrote in response to the complaints, “[and] although the issue has been resolved, we will be restarting our servers as a final step in accordance with our internal remediation plan. Our apologies for the inconvenience ”, the web portal team wrote. Later that day, CMC jokingly tweeted:
How does it feel to be a billionaire for a couple [of] hours?
