CoinMarketCap is a website that provides cryptocurrency market data, including real-time prices, historical charts, and market capitalization information for thousands of cryptocurrencies. It was founded in May 2013 by Brandon Chez and has since grown into one of the most widely used sources for tracking digital currencies. The platform lists a wide range of cryptocurrencies, including Bitcoin, Ethereum, and numerous altcoins, while offering various tools to analyze and compare their performance.
CoinMarketCap provides users with key metrics such as the total market capitalization, 24-hour trading volumes, circulating supply, and percentage price changes over specific time intervals. It ranks cryptocurrencies by market cap and allows users to view detailed information about each currency, including historical price data, exchanges where it is listed, and links to relevant websites or official social media accounts. Additionally, CoinMarketCap features an ICO (Initial Coin Offering) calendar, which tracks upcoming and ongoing token sales.
The platform also offers a variety of educational resources for users to learn more about cryptocurrency and blockchain technology, as well as features like the CoinMarketCap Earn program, which incentivizes users to watch educational videos about various projects in exchange for tokens. In April 2020, Binance, one of the largest cryptocurrency exchanges in the world, acquired CoinMarketCap for an undisclosed amount. Despite the acquisition, CoinMarketCap continues to operate as a separate entity and maintains its neutral stance on cryptocurrency rankings.
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