OpenMarketCap: Spot outliers in crypto with confidence 🤑

A recent analysis by Bitwise shows that > 95% of Bitcoin’s reported trading volume is fake (https://www.bitcointradevolume.com/). We built OpenMarketCap (https://openmarketcap.com) because we could not find an accurate source for cryptocurrency stats. OpenMarketCap calculates average price and total volume from data reported by the trusted exchanges identified in the Bitwise report. Out of the 80+ exchanges on CoinMarketCap (CMC), Bitwise found ten exchanges with actual volume. By tracking data from these exchanges, OMC removes data from exchanges with fake volume and is the only price tracker that gives an accurate impression of trading volume and prices. How fake volume is a problem in crypto: https://twitter.com/yinyinwu/sta...

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Spot outliers in crypto with confidence 🤑

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