Top 0 Coinmarketcap: WallStreetBets!

[GREENch85]

The days of shilling are back, there used to be popular characters like Ian Balina, who compiled their ratings for promising upcoming ICOs, and many crypto hamsters closely followed these ratings and entered projects. Apparently, now a bunch of scammers and specialists in "promising projects" will appear again, as well as a bunch of pump & dump communities. As for coinmarketcap - it is not the same as it was before))

[MishaSER]

I don’t know what this means and how you can find yourself in place number 0 with a turnover of less than bitcoin, I think this is either a joke (which is unlikely for such an office) or most likely a lot of project money was paid. I saw a message on Twitter that there will be a pump, so it's hard to say what is happening, I also met information that xrp will also fly to the moon soon, so let's see what happens next)

Yes, it really looks like a paid advertisement, but it's impossible to prove it.
I can assume that on the wave of the hype, Coinmarketcap placed this asset to attract audiences. They highlighted in red and wrote that this is a joke and you shouldn't mess with this asset.

[Altcoin1998$]

 author=MrSpasybo link=topic=189980.msg1070143#msg1070143 date=1611933028]
I am really surprised to see WallStreetBets in first place = Top 0 on Coinmarketcap, above Bitcoin.

I don't understand what the Coinmarketcap managers aim for when they make such a decision, it seems that they are trying to make something of a difference following social trends. My friends thought that WallStreetBets might have paid Coinmarketcap a huge amount of money for that position.

In the future, can a project, for example Ripple, pay more for a Top (-1) position on Coinmarketcap?

No mate , ripple again will be stable soon and all miserable conditions should immediately be corrected. Now you can see again the ripple market and price starting to improve Very quickly.

[Prime]

WallStreetBets is right now very well known moreover because of the relation to XRP and also the other crypto cases. We can see that this is one of the things that people will mostly believe, this also may determine the fundamental analysis be like. However, of course, it will not give the 100% influence.

[Pheonyx]

 This is what we called business.  Whatever coinmarketcap will do as long as it does not violate their standards and laws it seems to be okay.  Besides in doing that it does not destroy the position of bitcoin it is just being pin at the top for promotion I think.

[tonymillions84]

did you noticed that the price of that token has not changed or make any serious moves. i think coinmarketcap listed that virtual token to make the huge movement of stock traders into crypto. binance complained about huge number restrants after the robinhood centralized act and a dubious attitude. we hope to see more move by traders from stock to crypto.

[MrSpasybo]

i think coinmarketcap listed that virtual token to make the huge movement of stock traders into crypto.

+1 for idea
I never thought about this before reading your opinion. It is true that if WSB appears on Coinmarketcap, stock market investors will visit Coinmarketcap more, they will learn about the crypto market and become potential investors in the future. Total stock market value is nearly $70T, 70 times bigger than total crypto market cap, if only 1% of the stock market capitalization turns to crypto, the total crypto market cap will increase by 70%

[Tepona]

I don't know the details about this coin or token. But I saw it at coinmarketcap.com. The key is to attract investors. That's my thought. What do you think?

[jonathancool220]

Coinmarketcap can make itself a business field for someone's benefit, for example, to manipulate prices or create a strong influence from changes like this for all cryptocurrency traders.
It's simple and this is my guess : WallStreetBets is used as a reference for Binance coins (because Coinmarketcap has been bought by Binance) so that the price of Binance coins can go up.
The trick is : Creating memes, photos or anything related to WallStreetBets that are linked to Binance coins and the effect will be felt that the price of Binance coins will increase. Cmiiw

[Tepona]

The popularity of cryptocurrencies has been increasing over the last few decades. As a result of the growing popularity of cryptocurrencies, there is a lot of competition in the cryptocurrency market. Coins, which are at the top of the competition, have gained popularity and occupied the minds of many investors. Top cryptocurrencies have taken their place in the unfavorable environment of global competition.

[Rafiq]

It is not a cryptocurrency WallStreetBets WBS is just a form of advertisement of a Stock Market related institution if CoinMarketCap was paid to be listed on the top 0, I'm not sure about it. But one thing is certain CoinmarketCap was after for something which is I dont know yet, or maybe they want us to understanding something with all of this.

CoinMarketCap is a cryptocurrency listing platform, we can easily find out the details of the listed cryptocurrencies from here, where a currency is listed on which exchanger, its price, including volume. If WallStreetBets WBS is not a cryptocurrency, then I don't understand why the CoinMarketCap authorities listed it and placed it on top of Bitcoin.

[whyrqa]

Apparently, if such a situation has developed on the coinmarket, then you need to look through the situation and look for the reason. In my opinion Binance has far-reaching plans, because it happened not without their participation.

[Quart]

Does it mean that WallStreetBets become a sponsor in Coin Market Cap? Or what? Because it is so funny if it becomes rank 0. And is this a coin or token or a community? I am still confused why there is 0 rank. But, WallStreetBets is one of the big influence to day moreover because of the relation to XRP.

[ayatoslaw]

Does it mean that WallStreetBets become a sponsor in Coin Market Cap? Or what? Because it is so funny if it becomes rank 0. And is this a coin or token or a community?

That's just a joke and also to remind many people that there is no WallStreeBets (WSB) coin, as you know, usually many scammers will appear when there is a HYPE,
even when CMC made jokes about the Toilet Paper Token there was a scam project trying to make one too.
So always be careful and don't be taken seriously )).

[Ferki]

For those who do not yet know what WSB means on CMC:

https://cointelegraph.com/news/wallstreetbets-coin-becomes-1-on-coinmarketcap-kind-of
https://www.bitcoininsider.org/article/103565/new-token-wallstreetbets-wsb-gets-ahead-bitcoin-coinmarketcap