Crypto.com CEO Chris Marshalek criticized CoinMarketCap for providing incorrect information on trading volumes.
Merry christmas to team @CoinMarketCap who a week after my response to their poorly worded tweet arbitrarily reduced our exchange ranking to 14th 😁
We are 2nd / 3rd on @coingecko so you guys know where to look for real and market neutral data 🤣
– Kris | Crypto.com (@Kris_HK) December 25, 2021
“Merry Christmas, the CoinMarketCap team, which, a week after responding to their poorly worded tweet, arbitrarily downgraded our stock rankings to 14th. On CoinGecko, we are # 2 to # 3, so you guys know where to look for real and market neutral data, ”Marshalek said.
At the time of writing, the service ranks Crypto.com 15th in terms of trading volume.
According to CoinGecko, the exchange ranks second with just over $ 3 billion in the last 24 hours.
The tweet Marshalek refers to is likely dated December 15th. The CoinMarketCap team joked during the conversation that he might have to cancel the Forbes interview. At the same time, the service admitted failure in work.
You don’t have to tell us anything – we are already working on removing @CoinMarketCap‘s unreliable price feed from our product.
– Kris | Crypto.com (@Kris_HK) December 15, 2021
“You don’t need to tell us anything – we are already working on removing the unreliable price stream CoinMarketCap from our product,” the CEO of Crypto.com replied at the time.
In 2020, the service was acquired by the bitcoin exchange Binance.
As a reminder, in July 2020, CoinMarketCap placed Binance Coin at the top of the DeFi token rating. After criticism on social media, the service removed the token from the list without giving any reason.