How do we rank cryptocurrencies?

Coinranking ranks cryptocurrencies based on the market cap by default. However, we do offer filters according to other metrics such as trading volume or price. 

Besides market cap, we also implement certain criteria that decide which 'tier' a cryptocurrency would be placed at. 

The tier of the cryptocurrency refers to the way we rank cryptocurrencies based on certain criteria we have, listed below: 


Verified supply Volume / market cap ratio
Tier 1 Yes > 0.001
Tier 2 Yes -
Tier 3 No -

Tier 1 cryptos must have their supplies verified by Coinranking and have a volume to market cap ratio of more than 0.001. These cryptos would be placed higher up in our ranking. 

Tier 2 cryptos only have a confirmed supply but do not meet the criteria for volume to market cap ratio. 

Tier 3 cryptos do not meet both criteria. These cryptos are placed lower in our ranking. 

How do we calculate crypto prices? 

Our prices are calculated in real-time. We receive a price notification (ticker) from different markets in different exchanges. Once received, the price is recalculated and updated. We use only the top 20 markets to ensure price stability. Read more here.

Filters preventing manipulation

To avoid any price and ranking manipulation due to reasons you can read below, we use two filters:

1. A price ticker gets ignored when the last price is 50x higher or lower than the previous one. Essentially, drastic price differences are ignored as it is likely price manipulation is involved. 

2. We use the Z score

A Z-score is used as an indicator of market volatility by traders. If a Z-score is high, it indicates there may be varying price differences from different markets. 

We try to keep the Z-score between -3.5 and 3.5 to maintain price consistency and stability. 

How can the market be manipulated?

Market manipulation is fairly common in most asset markets. Cryptocurrencies are more vulnerable to this as they are a new asset class that is less regulated than mature markets. 

Some common manipulation tactics include: 

Pump and Dump

This usually involves insiders who “pump” the token by buying into it until it gains attention from other traders and investors. Once the mass public joins in, the insiders would then “dump” the token and profit from being an early investor. 

This used to happen with penny stocks in the stock market and has now been implemented into low liquidity altcoins and meme coins. They often happen to have low market caps. 

Whale Walls

This happens when a market participant places a large order without intending to have it executed. This creates the illusion that the token has a large demand. 

However, this happens less as it can be detected and prevented. However, it does still happen on some shady exchanges. 

Wash Trading

This involves buying and selling the same asset at the same time to simulate false volume. This is illegal in mature markets but still happens on shady cryptocurrency exchanges. 

FUD

FUD stands for Fear, Doubt and Uncertainty. 

This is the most common type of manipulation that most newbie traders and investors fall into. This is usually involving news or false information going around in socials. This triggers investors to be afraid and sell their assets. 

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