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RE: Musing Posts

in #musing-threads6 years ago

"CoinGecko is a cryptocurrency ranking chart app and website that ranks digital currencies by developer activity, community, and liquidity. "

If you are familiar with CoinMarketCap, another cryptocurrency ranking chart popular for ranking cryptos based on their market capitalzation, well CoinGecko is kind of like that but has an added filter and sorting for developer activity, community and liquidity.

Developer Community - For big time potential investors, one thing to look at is how active the development team of the cryptocurrency is. CoinGecko displays how many forks, issues, pull requests, etc have been done. Making it easier for potential investors to see how commited and reliable the development team is.

Community - It goes without saying that the more people holding and talking about the coin the more it will be worth. If a crypto have a decent amount of community support then investors are likely to invest on that coin.

Liquidity - CoinGecko tracks all coins available on exchanges and sums it all up. The more liquid coins is on the market ready to be traded and exchanged, the more the cryptocoin is considered growing.

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Thanks!

I didn't know about the developer pull-down info. How long have you been using CoinGecko yourself?

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