I love CoinGecko.com — but what does it mean in their listings when liquidity and market cap seem to be mismatched?
Don’t spend more on digital tokens and coins than you can afford to lose. Don’t blame the wealth or poverty that results on me! I haven’t invested much yet in crypto, and I’m not qualified to offer financial advice. I’m posting this to ask questions, not answer them.
My favorite reasons to browse the CoinGecko.com website are the sheer number of cryptocoins and tokens listed and the parameters regarding each coin that are tracked on the site. Sorting CoinGecko’s listings by 24-hour increase in $ USD price can be amusing.
When the market cap for a given cryptocurrency is drastically larger or smaller than the liquidity, how does this affect your view of where this currency is in its value development?
Here are some examples from high in this morning’s list of 24-hour price jumps. Their positions in the rankings have changed in the time since my screenshots were taken.
DOVU has much more market cap than liquidity.
DOVU is promoted here.
RMC has more market cap than liquidity.
RMC is promoted here.
Operacoin is shown with more liquidity than market cap.
OCN is promoted here but I cannot get the page to open.
BCO has much more market cap than liquidity.
BCO is promoted here.
What do these mismatches mean?
my introduceyourself page
Feel welcome to drop by and say hello!