Shitconnect was suddenly demoted from 7th on CoinMarketCap to 16th.   As expected it was taking down what most people consider legitimate projects one by one and was almost going to overtake Dash but then suddenly it got moved way down.    It wasn't because the supposed price of it fell it seems to be a dispute over the amount of coins circulating.   So once that got chopped down a lot it now doesn't have as high of a market cap.  

Other people have suggested that CoinMarketCap should ask to see proof that the trading bot exists and makes the returns that are reported or delist it.   I like that idea personally but I think that for CoinMarketCap's sake they don't want to play the regulator so much.   There is also controversy over how much Ripple is in circulations.   A person could even make a case that Dash has a lot of locked up coins in the Master Nodes and that STEEM has a lot of locked up coins in STEEM Power.  So should that be counted as circulating?   Just food for thought.   

Do you think CoinMarketCap just moved Shitconnect lower because so many people were make a huge fuss about it being so high on the list?   

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