As you delve into the world of cryptocurrencies, you'll encounter a vast array of digital assets and exchanges. To track their market capitalization, rankings, or trading volume, data aggregation platforms become essential. Among these, CoinMarketCap (CMC) stands out as one of the most frequently cited and user-friendly tools.
This guide explores CoinMarketCap's functionalities, offers a step-by-step tutorial, and reveals how to leverage the platform to identify potential crypto scams.
👉 Discover how CoinMarketCap can simplify your crypto journey
What Is CoinMarketCap?
CoinMarketCap, founded in 2013, is a leading cryptocurrency data-tracking website. It provides real-time metrics such as:
- Market capitalization
- Price movements
- Trading volume
- Circulating supply
The platform adheres to strict listing criteria and methodological transparency, making it a trusted resource for both mainstream media and crypto enthusiasts.
Notably, Binance acquired CoinMarketCap in 2020, but the platform maintains operational independence. For cross-verification, users often consult CoinGecko, a similar service.
| Key Details | |
|-------------|---|
| Platform | CoinMarketCap |
| Founder | Brandon Chez |
| Services | Crypto/NFT/Exchange rankings, API, widgets, ICO calendar |
| Mobile Apps | iOS / Android |
How to Use CoinMarketCap: 12 Practical Applications
1. Track Top 100 Cryptocurrencies
The homepage displays real-time rankings by market cap. Customize columns (e.g., 7-day volume, total supply) via the "Customize" button.
2. Explore Crypto Categories
Filter tokens by 188+ niches (e.g., Metaverse, Stablecoins, PoS). Ideal for discovering sector-specific assets.
3. Analyze Token Metrics
Each token page includes:
- Price charts (TradingView integrated)
- Trading markets (CEX/DEX)
- On-chain data (whale holdings, address activity)
4. Find Compatible Wallets
Click "Supported Wallets" to view cold/hot wallet options (e.g., Ledger, MetaMask).
5. Monitor Market Dominance
Navigate to Cryptocurrencies > Global Charts for:
- Total crypto market cap
- Bitcoin dominance trends
6. Evaluate Exchange Rankings
Compare 640+ exchanges by:
- Liquidity score
- Proof-of-reserves (PoR) data
- 24h trading volume
👉 Learn how to spot scam exchanges
7. Research NFT Projects
Under NFT Statistics, explore top collections like BAYC or CryptoPunks, filtered by chain (Ethereum, Polygon) or sales volume.
8. Follow Events via Calendar
Track AMA sessions, airdrops, and major announcements in the Products > Events Calendar.
9. ICO/IDO Tracking
The ICO Calendar lists upcoming token sales (e.g., seed rounds, private sales).
10. Portfolio Tracker
Manually input trades or sync wallets to monitor P&L via charts and pie graphs.
11. On-Chain Data
Check Chain Ranking for TVL (Total Value Locked) by blockchain (e.g., Ethereum, BSC).
12. API for Developers
Free/paid API access for historical data (since 2013) and model building.
FAQs
Is CoinMarketCap reliable?
Yes, but cross-check with CoinGecko due to Binance’s ownership.
Can I find NFT data on CMC?
Absolutely! Filter by floor price, volume, and marketplace activity.
How does CMC detect fake exchanges?
Scams often lack PoR or have low liquidity scores.
Disclaimer: Cryptocurrency investments involve high risk. This content is for educational purposes only.
Original Source: digitalyoming.com (All rights reserved)