With hundreds of cryptocurrencies already out in the market and dozens more created each month, we at CoinMarketCapes feel that it is really difficult to decide which altcoin to hold and invest in.
We feel that there is no proper quantitative way in trying to measure the worth of a coin. Current approaches to doing altcoin valuation mostly revolves around using market capitalization, a metric that is very easily manipulated by pre-mined coins.
CoinMarketCapes provides a fundamental analysis of the crypto market. In addition to tracking price, volume and market capitalization, CoinGecko tracks community growth, open-source code development, major events and on-chain metrics.
Our objective is to elevate crypto participants’ understanding of fundamental factors that drive the market. CoinMarketCapes is one of the crypto data aggregators, operating since early 2019. It currently tracks more than 4200+ tokens from more than 300+ cryptocurrency exchanges.