Crypto Data Firm Launches Indicators to Fight Fake Asset Volumes and Market Caps

[Oxumare]

A crypto market data firm now offers a separate indicator for crypto asset market capitalization and volume data aggregated only from transparent exchanges.

Cryptocurrency market data provider Nomics has launched indicators for crypto asset market capitalization and volume data aggregated from transparent exchanges.

According to an announcement on May 28, the new indicators introduced by Nomics only include data from cryptocurrency exchanges with A+, A or A- transparency ratings. Nomics co-founder and CEO Clay Collins explained to Cointelegraph what he believes makes the transparent market cap indicator interesting:

“Transparent market cap is interesting because it highlights times when total market cap is going up while transparent market cap is going down, and vice versa. These divergent market cap trends point to different market discovery forces on transparent vs. non-transparent exchanges.”

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