How to get your token ranked Higher on CoinMarketCap

CoinMarketCap is a crypto market capitalization website that tracks the prices and capitalization of all cryptos in the market. 

It has become an indispensable tool for crypto users as it lists the top cryptocurrencies on the first pages. However, many people still do not know how CoinMarketCap works, and how you can use it to prop up your new coin. 

CoinMarketCap ranks tokens from the largest to the smallest, with the former appearing on the first pages of the website. The size of the crypto ranking is based on market capitalization. It also uses the traded volume in terms of 24 hours, 7 days, and 30 days. if you click on the traded volume, it will show you the top cryptos according to the volume traded over the past period selected. The platform also ranks exchanges, in terms of volume traded in the last 24 hours. 

CoinMarketCap also ranks cryptos based on trending, which includes gainers and losers. This ranks the most increasing coin/token by a percentage point. This category also includes recently added coins, with a list of newly added tokens on CoinMarketCap. 

However, these ranking criteria have caused controversy in the past, as users have come across what can be termed a flawed method. There are incidences when crypto tokens got shocked as their tokens went down in ranking without any known event or activity. This particularly happens when CoinMarketCap undergoes major algorithm changes, and for unknown reasons, the price of many tokens took a massive dive. This raking methodology has ensured many well-meaning projects succeed, even though there are also fake projects that have sunk investors’ money. 

Ranking high is beneficial to creators as more traders don’t spend a lot of time searching for coins ranking low. Getting verified on CoinMarketCap is the most important step towards getting your coin out there. A crypto verification and ranking mean it has passed the social proof test. So, if you have your tokens ready and want them listed and ranked high, you can consult us the tokenization experts to assist with ensuring your token get verified and ranked. 

The best tokens are those which have utility, as they have proven popular with crypto enthusiasts. It must be noted that it is not an easy task to create and market a world-class token, so seeking a tokenization expert is an important step toward making your token rank higher. 

SUBSCRIBE TO S.E.W

Join thousands of others learning how to enhance their blockchain projects with my tips and tricks.