Crypto Tracking Site CoinMarketCap Gets an Update



One of the most popular websites for cryptocurrency price data announced a series of changes on Wednesday.

CoinMarketCap said that it has beefed up its coin watchlist feature as well as updated its mobile-focused search function “to make it easier to access.”

Having launched their first mobile app for iOS users only last month, users are already requesting developments for a second app compatible with android, as comments under CoinMarketCap’s tweet today show.

Popularity for the site has increased in recent years. It is currently in the top 300 of the world’s most visited sites, according to data made available from Alexa.

At the same time, CoinMarketCap faces competition from other cryptocurrency data providers such as Thomson Reuters who recently also announced new updates to their tracking capabilities.

Nor has the site been free from controversy amid is growing popularity. Earlier this year, CoinMarketCap faced criticism over a decision to remove three Korean exchanges from their calculated averages – a move that caused prices for bitcoin and several other cryptocurrencies to appear as if they had suddenly plunged.

In response to the outrage by some users, Brandon Chez, the computer programmer and owner behind CoinMarketCap, told the Wall Street Journal in an email that the company’s goal “was and still is to remain a neutral and accurate source for the cryptocurrency community.”

Charts image via Shutterstock.

The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.





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