How much are cryptocurrency volumes overstated? Fake volumes vs. Real!

cryptocurrency
coinmarketcap
volume
liquidity
market
#1

A quick preview as of today… Discuss if this is good thing or bad way of measuring true value!

Cryptocurrency volume comparisons

How much are cryptocurrency volumes overstated? Read our explainer on why this matters.

Metric CoinMarketCap Data OMC Trusted Exchange Data Difference
24h Volume $32,774,264,677 $1,356,262,477 -95.9%
Market Cap $143,379,161,684 $136,319,707,920 -4.9%
BTC Market Cap Share 50.22% 52.00% +3.5%
BTC Volume Share 50.22% 52.00% +3.5%
Token CoinMarketCap Volume OMC Trusted Exchange Volume Difference
Bitcoin (btc) $9,439,594,879 $908,704,652 -90.4%
Ethereum (eth) $4,219,605,156 $127,735,124 -97.0%
XRP (xrp) $685,519,101 $40,951,290 -94.0%
EOS (eos) $2,214,041,501 $94,149,764 -95.7%
Litecoin (ltc) $1,909,420,501 $30,090,270 -98.4%
Bitcoin Cash (bch) $457,987,286 $27,545,339 -94.0%
Binance Coin (bnb) $193,553,396 $110,555,702 -42.9%
Stellar (xlm) $230,108,043 $12,611,760 -94.5%
Tether (usdt) $8,370,122,426 $249,880,814 -97.0%
Cardano (ada) $80,450,032 $30,724,652 -61.8%
TRON (trx) $213,872,660 $13,038,554 -93.9%
Monero (xmr) $97,059,677 $4,791,006 -95.1%
IOTA (miota) $12,664,636 $4,763,147 -62.4%
Dash (dash) $275,807,174 $5,253,115 -98.1%
Maker (mkr) $6,815,458 $412,014 -94.0%
Ontology (ont) $54,936,053 $6,114,830 -88.9%
NEO (neo) $261,017,939 $6,442,122 -97.5%
Tezos (xtz) $5,023,516 $1,933,854 -61.5%
Ethereum Classic (etc) $163,514,194 $2,787,424 -98.3%
NEM (xem) $12,814,081 $1,056,539 -91.8%
Zcash (zec) $179,039,504 $3,416,389 -98.1%
VeChain (vet) $11,406,111 $3,871,172 -66.1%
Basic Attention Token (bat_1) $27,159,307 $14,083,087 -48.1%
Waves (waves) $10,661,691 $1,884,014 -82.3%
USD//Coin (usdc) $26,566,251 $7,724,307 -70.9%
Dogecoin (doge) $20,698,426 $303,916 -98.5%
OmiseGO (omg) $74,358,130 $2,619,791 -96.5%
Qtum (qtum) $266,476,283 $10,675,352 -96.0%
Crypto.com Chain (cro) $648,149 $131,521 -79.7%
Bitcoin Gold (btg) $10,431,839 $75,039 -99.3%
Ravencoin (rvn) $82,069,254 $43,664,289 -46.8%
TrueUSD (tusd) $33,893,726 $5,506,418 -83.8%
Decred (dcr) $2,087,011 $631,927 -69.7%
Lisk (lsk) $6,305,507 $1,232,093 -80.5%
0x (zrx) $18,513,974 $4,428,386 -76.1%
ChainLink (link) $7,331,059 $5,756,751 -21.5%
Zilliqa (zil) $8,570,825 $3,090,815 -63.9%
Augur (rep) $6,047,856 $734,922 -87.8%
BitShares (bts) $17,498,451 $1,261,381 -92.8%
ICON (icx) $10,393,198 $4,176,216 -59.8%
DigiByte (dgb) $1,020,960 $409,343 -59.9%
Steem (steem) $2,566,478 $1,099,417 -57.2%
Nano (nano) $2,850,567 $1,753,957 -38.5%
Bytecoin (bcn) $209,219 $32,200 -84.6%
Bitcoin Diamond (bcd) $2,133,042 $823,426 -61.4%
Komodo (kmd) $5,449,499 $2,755,785 -49.4%
Enjin Coin (enj) $7,738,386 $3,947,334 -49.0%
Aeternity (ae) $41,840,278 $853,710 -98.0%
Paxos Standard Token (pax) $49,203,240 $9,549,540 -80.6%
Verge (xvg) $6,088,565 $1,440,019 -76.3%
Pundi X (npxs) $4,168,855 $1,047,522 -74.9%
Siacoin (sc) $2,334,224 $1,093,550 -53.2%
IOST (iost) $10,455,045 $4,999,969 -52.2%
Theta Token (theta) $7,783,526 $3,184,491 -59.1%
Stratis (strat) $2,638,266 $1,989,904 -24.6%
Dai (dai) $26,446,523 $187,841 -99.3%
Golem (gnt) $4,164,428 $1,919,106 -53.9%
Status (snt) $16,469,142 $1,371,849 -91.7%
Ardor (ardr) $1,617,628 $702,195 -56.6%
Populous (ppt) $3,539,975 $667,208 -81.2%
Ark (ark) $2,049,812 $1,436,920 -29.9%
Decentraland (mana) $110,216,138 $35,733,586 -67.6%
GXChain (gxs) $49,806,697 $9,469,930 -81.0%
Factom (fct) $344,702 $328,499 -4.7%
Waltonchain (wtc) $12,550,431 $10,556,130 -15.9%
MCO (mco) $4,364,109 $1,183,733 -72.9%
WAX (wax) $1,545,290 $197,697 -87.2%
MaidSafeCoin (maid) $403,509 $45,290 -88.8%
Loom Network (loom) $3,397,880 $1,830,489 -46.1%
Electroneum (etn) $299,102 $23,939 -92.0%
Loopring (lrc) $3,399,599 $1,742,292 -48.8%
PIVX (pivx) $4,439,086 $2,349,061 -47.1%
aelf (elf) $10,177,155 $2,760,706 -72.9%
QASH (qash) $190,811 $138,889 -27.2%
ZCoin (xzc) $1,352,194 $783,270 -42.1%
Nuls (nuls) $42,593,391 $12,037,580 -71.7%
Power Ledger (powr) $3,781,763 $2,251,373 -40.5%
Aion (aion) $5,670,998 $3,569,777 -37.1%
Wanchain (wan) $4,134,323 $2,319,745 -43.9%
Nebulas (nas) $5,458,792 $658,237 -87.9%
ZenCash (zen) $758,811 $679,497 -10.5%
Metaverse ETP (etp) $4,372,989 $345,469 -92.1%
Polymath (poly) $18,195,999 $3,567,784 -80.4%
Bancor (bnt) $8,731,544 $493,025 -94.4%
Enigma (eng) $20,913,417 $1,978,963 -90.5%
Storj (storj) $48,943,698 $3,877,547 -92.1%
DigixDAO (dgd) $1,007,824 $439,451 -56.4%
QuarkChain (qkc) $57,021,672 $4,214,177 -92.6%
iExec RLC (rlc) $3,486,322 $1,289,721 -63.0%
Syscoin (sys) $2,586,008 $606,050 -76.6%
MonaCoin (mona) $149,229 $29,196 -80.4%
Metadium (meta) $3,057,267 $548,032 -82.1%
TenX (pay) $5,956,147 $329,481 -94.5%
Groestlcoin (grs) $466,108,589 $974,372 -99.8%
ODEM (ode) $557,997 $125,962 -77.4%
Quant (qnt) $2,088,722 $19,023 -99.1%
Santiment Network Token (san) $48,252 $11,791 -75.6%
FunFair (fun) $9,264,273 $1,031,748 -88.9%
5 Likes
#2

5 Likes
#3

what’s up w/ that factom though?

2 Likes
#4

It isn’t worth faking volume to entice people to deposit it on an exchange.

3 Likes
#5

In what sense? I haven’t researched too much into the project and liquidity of the crypto…

1 Like