TOKEN2049 - According to CoinMarketCap - Carylyne Chan (CoinMarketCap)
In this insightful session from TOKEN2049, Carylyne Chan of CoinMarketCap delves into the pivotal role that comprehensive, unbiased data plays in the cryptocurrency ecosystem. CoinMarketCap has pioneered the establishment of data standards such as market capitalization, circulating supply, and Bitcoin dominance, cementing its status as a leading information platform since 2013.
Chan provides a fascinating overview of global cryptocurrency interest, highlighting regional variances in crypto engagement based on data from CoinMarketCap, which recorded 3.6 billion page views and 105 million active users last year. She points out how geopolitical factors, such as economic crises in Turkey and Venezuela, drive an increase in cryptocurrency adoption.
Further, Chan discusses the significant use of CoinMarketCap data by institutions and regulators, emphasizing its role in supporting crypto-related projects and policy decision-making. Notably, she introduces CoinMarketCap's upcoming cryptocurrency benchmark indices—the CMC 200, with and without Bitcoin. These indices, created in collaboration with the German firm Solactive, aim to offer a reliable benchmark for cryptocurrency markets, making it easier for market participants to gain insights and make informed decisions.
This talk is a must-watch for anyone interested in the intersection of data, finance, and cryptocurrency. Gain a deeper understanding of how data drives market dynamics and innovation in the crypto world. Don't forget to like, comment, and subscribe to stay updated with the latest from TOKEN2049.
