CoinMarketCap Comprised Almost Entirely of ‘Illiquid’ Cryptocurrencies

CoinMarketCap Comprised Almost Entirely of ‘Illiquid’ Cryptocurrencies – BeInCrypto

CoinMarketCap almost has 5,000 coins listed. However, the vast majority of them have no liquidity and, in some cases, deserve to be removed entirely. The leading statistics website on cryptocurrencies lists some 4,978 cryptocurrencies. If we chart the trading volume of each cryptocurrency, all the coins below the top 40 don’t even register.