Cryptocurrency Q&A
What if coingecko cannot verify the accuracy of circulating supply information?
What if coingecko cannot verify the accuracy of circulating supply information?
EclipseSeeker
Sat Jun 22 2024
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5 answers
1126
In the realm of cryptocurrency, accurate data is paramount. Given the volatile nature of the market, any misinformation, especially regarding circulating supply, can lead to significant market fluctuations and losses for investors. The question arises: What if CoinGecko, a widely-trusted data aggregator in the crypto space, cannot verify the accuracy of circulating supply information? Would this erode investors' trust in the platform? Could it impact market stability? Or is there a contingency plan in place to ensure the integrity of the data? These are crucial questions that demand immediate attention and action to safeguard the interests of all stakeholders in the crypto ecosystem.
5 answers
Lucia
Mon Jun 24 2024
Specifically, if the circulating supply data cannot be authenticated, CoinGecko marks it with a "-" symbol.
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CryptoPioneer
Mon Jun 24 2024
This notation serves as a clear indicator to users that the displayed value may not be entirely accurate. The source of the calculation, if available, can be accessed by clicking on the symbol next to the Circulating Supply text.
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Chloe_jackson_athlete
Mon Jun 24 2024
CoinGecko adheres to stringent verification standards when presenting data related to cryptocurrencies.
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Andrea
Mon Jun 24 2024
When it comes to the Circulating Supply of a particular coin or token, CoinGecko aims to ensure the utmost accuracy.
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Emanuele
Mon Jun 24 2024
However, in cases where the platform is unable to verify the authenticity of the information, it adopts a precautionary approach.
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