ALTERNATIVES TO COINMARKETCAP (CMC)

in #cryptocurrency7 years ago

courtesy themerkle.com

If you happen to ask anyone who is into cryptocurrencies where they go to when they need to look at statistics on a particular coin, most likely than not, the answer is going to be coinmarketcap. Indeed i can wager on the assumption that many are not even aware that there are other alternatives, such is dominance of coinmarketcap in the cryptosphere. However, in as much as coinmarketcap is a great and wonderful tool, it is perhaps a bit unhealthy to be overly dependent on a centralised data repository. The following sites can also be used for comparing your cryptos; in no particular order;

  • ONCHAINFX

Onchainfxis an investor-minded site, it provides a much greater range of metrics than possibly any other site.You can view such data as a coin’s 2050 market cap (to calculate its future worth), percentage of supply issued, return on investment (ROI), and historical prices an much more.

  • COINCODEX

Coincodex Coincodex bears a close resemblence to CMC, it has a cleaner interface and also packs some nice visualizations.You can also filter results based on a cryptocurrencies’ performance over a period of between 24 hours and a year The site also has some useful cryptocurrency guides for beginners.

  • ** CRYPTOCOMPARE**

Cryptocompare: This site comes with a lot of bells and whistles.you can view rankings for cryptocurrencies and exchanges,recent trades are also displayed in real time.The site also provides an option to filter coins by proof type or algorithm, you can view mining information,read reviews of wallets etc. The site also has a forum and commenting system, which provides an insight into user sentiment towards various coins and exchanges.

  • BITINFOCHARTS

Bitinfocharts: Honestly at a glance, this site appears all jumbled up and cluttered with lots of information. However usefull information can always be gleaned from it.Information such as the number of transactions sent and their average value for all the major cryptocurrencies as well as data on block times and wallets including rich lists and wealth distribution. Bitinfocharts also has an interesting feature where it details how active each coin’s Github repository is, giving an idea of which projects are still being developed and which have gone dormant.

  • COINCHECKUP

Coincheckupprovides all the data you will find on such sites, it aslo complements this with information on each coin’s average daily ROI and volatility over the past week or month.

  • ** COINGECKO**

Coingecko adds some unique features,it adds the ability to filter cryptocurrencies based on their hashing algorithm. it also has a section that lists upcoming ICOs.

There are many others sites such as coincap, coinlab and others plus, you can always follow these sites on their twitter handles for more info.

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