Found a bug in Coinmarketcap.

By DimitarM | Welcome to my life | 19 Apr 2021


Got into an argument with a CEO of a crypto company called Ideaology.io about the price of their ERC-20 token IDEA.

It all started with his post about the price of the currency on Linkedin:

e179efc0b11e04d3bd7918b875c63f2404d4339f248509c5add5aa1dbab2089e.jpg

Anyway, we got into argument about the all-time high of his token. He was saying it's 73 cents and I was only able to see it in CoinMarketCap going up to 64c:

9cc68e1f979525b73e84853e497bd6c83cff40307f3dad7e6270d73ca972d8f4.png

This is a chart for the whole existence of IDEA. And this is the highest point. But when he selected the 30-days chart he was able to see this:

e057b7dda02d380fe6a229dfaf871206761493b57b7d62f7c603c9eebeb8f743.png

This is quite an annoying bug of Coinmarketcap :) I turned out to be wrong because of it :) I admitted it of course, but this doesn't change the fact that nonsense like this shouldn't happen.

And I am still not convinced to buy the token BTW. Other than that - their idea is cool - crowdfunding different projects with Blockchain. The main reason I don't feel like buying is that this is ERC-20 based coin. It's traded on Kucoin which makes things a little bit easier. Let me know what do you think.

 

 

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DimitarM
DimitarM

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Welcome to my life
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