There is no one-size-fits-all solution when it comes to cryptocurrency price trackers, we decided to narrow down the search to the top 10 CoinMarketCap alternative platforms that are worth looking at for both amateurs and professionals.
Following the news that Binance is finalizing its purchase of CoinMarketCap, the crypto community has become increasingly concerned about the convergence of essential services such as coin trackers. Crypto traders and enthusiasts have started to distance themselves from CMC and are currently looking for alternative platforms.
This means that CoinMarketCap has the power to influence the cryptocurrency market. This can make or break the market’s credibility. This is why too much credibility in a centralized price verification system for a decentralized market is not good.
Best coinMarketCap alternatives
Here are some of the CoinMarketCap alternatives to get you started:
CryptoCompare
CryptoCompare is a price tracking platform that aims to provide reliable, high-quality, real-time market data on over 5,700 coins and 260,000 currency pairs. The company stands out for its efforts to bridge the gap between traditional financial markets and cryptocurrencies.
In addition to historical data and its own CryptoCompare Index (CCCAGG), the platform offers valuable market insight in analyses posted on its website and across various social media channels.
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CoinGecko
Founded by a research team consisting of Darren Lau, Daryl Lau, Teh Sze Jin, Erina Azmi, Kristian Kho, TM Lee, and Bobby Ong, CoinGecko has been at the forefront of the cryptocurrency industry since 2014.
In addition to reliably tracking the price, volume, and market cap of over 7,000 coins, CoinGecko also tracks community growth, open-source development, major events, and other on-chain metrics.
CoinCheckup
Created with transparency in mind, CoinCheckup provides users with reliable data on the cryptocurrency market, gathered through a standardized research process. The free platform tracks over 2,000 different cryptocurrencies and digital tokens, providing all the necessary data – volumes, circulating supply, and other metrics.
Furthermore, the platform places a strong emphasis on the background of each listed coin, allowing users to get in touch with the teams and companies that issued them. Fundamental analysis of the cryptocurrency market is also available on the platform, as well as more advanced investment analysis and an overview of coin activity on GitHub.
CoinPaprika
Founded in Poland in 2018 as an alternative to CoinMarketCap, CoinPaprika offers a wide range of services beyond price tracking. The platform offers an in-house cryptocurrency exchange and a non-custodial wallet, COINS, which supports over 2,000 cryptocurrencies.
Users can benefit from CoinPaprika's on-boarding mechanism and access information such as white papers, employees, and company progress on all listed coins.
Coinpaprika also has one of the most robust APIs, putting it ahead of its competitors with its data coverage, rate limits, and being completely free.
Users can quickly access valuable information about any listed cryptocurrency, including its block explorer, social media feeds, and official websites.
WorldCoinIndex
A cryptocurrency platform that provides real-time price information, WorldCoinIndex also offers news updates and lists nearly 1,500 cryptocurrencies.
The platform connects over 7,000 crypto markets with over 100 crypto exchanges, denoting all prices in BTC WorldCoinIndex and 13 fiat currencies – USD, EUR, CNY, Real, CAD, GBP, JPY, HKD, BRL, AUD, KRW, IDR, INR, ZAR and TRY.
Messer
Created by a group of industry experts, Messari’s goal was to bring transparency to the crypto economy. The platform allows users to identify trends across over 1,000 different assets and 100 time series.
Their weekly newsletters and other types of market analysis are tools that are valued by many industry professionals, but they can also be useful for novice traders. The professional version of the platform allows users to customize the screen to their own needs, reducing the noise of other listed cryptocurrencies.
Coin360
Coin360 is a price tracking platform that has gained popularity due to its interesting visual representation of cryptocurrency prices.
What it lacks in some of the more advanced features like portfolio tracking, screen customization, and API capabilities, Coin360 makes up for in user interface and easy sharing options.
All cryptocurrencies listed on the platform are grouped by protocol type or other similarities, and have liquidity and spread data on their designated pages.
LiveCoinWatch
LiveCoinWatch offers comprehensive coverage of the cryptocurrency market, showing coin prices, charts, and market caps for over 2,700 coins spread across 183 different exchanges.
The platform displays a variety of information about all listed coins, including posts on social media platforms such as Twitter and Reddit. All coins feature an FAQ section, as well as a depth chart and volume breakdown on cryptocurrency exchanges.
CoinCodex
Cryptocurrency listing site CoinCodex provides real-time cryptocurrency prices and comprehensive overviews of 5,000 different coins. The platform gathers data from over 200 cryptocurrency exchanges, allowing users to create wallets to keep track of their investments.
In addition to a user-friendly interface, the platform also offers an ICO calendar, which presents information about upcoming and completed token sales in the cryptocurrency market. It is optimized for all devices, including mobile phones and tablets.
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Coinlib
A cryptocurrency tracker aimed at the average user, Coinlib offers a streamlined design and a variety of features that are configured to satisfy even the most demanding customer.
The platform tracks over 6,100 cryptocurrencies, providing advanced charts and metrics ranging from community engagement and developer activity to performance indicators. Coinlib is free to use, but creating an account unlocks advanced features like personalized price alerts and a customizable portfolio tracker.
Conclusion
There are a wide variety of platforms and websites that offer reliable real-time cryptocurrency tracking on the market. While it is important to note that there will never be one platform that meets all requirements, it is safe to say that even the most demanding user will be able to find a suitable choice with CoinMarketCap.