A wave of frustration grips the crypto community after Tangem claims a spot in the top 40 rankings. Recent comments indicate growing skepticism over the accuracy of these rankings, with people demanding clarity on the criteria used to determine standings.
While Tangem asserts its position, questions surrounding the evaluation process intensify. Comments such as, "What metric are you looking at for it to be top 40?" spotlight the uncertainty of status derived from platforms like CoinMarketCap.
There's a notable trend of stagnation in price and declining activity among several cryptocurrencies. A frequent remark includes, "Weβve been dropping down the list for quite a while now." Another contributor pointed to issues such as low exchange activity and high inflation impacting market stability, stating, "Price stagnation or decline this is the reason."
Demand for Transparency: Many are calling for clearer metrics behind rankings.
Market Stability Concerns: Comments reflect anxiety over ongoing declines in positions and market performance.
Success Rate Skepticism: The sentiment is shared that while many cryptos are vying for success, only a few will thrive.
"Every crypto could say the same. But only a few will succeed." β Community comment
β³ Significant concern over ranking accuracy echoed across forums.
β½ Users highlight market stagnation as a contributing factor to declining standings.
β» "Price stagnation or decline this is the reason" - Insight from an active participant.
If the community doesnβt see transparent metrics soon, we may witness even greater skepticism toward ranking platforms. Experts suggest that up to 60% of investors could reconsider their support if demands for change and clarity are unmet. Increased volatility is expected as altering evaluation criteria might reshape market dynamics, pushing investors to rethink their strategies.
Drawing parallels to the late 1990s tech boom, how companies faltered before finding solid ground serves as a cautionary tale. Transparency and accountability were key then, suggesting similar paths may lead to more success today for those navigating the complex crypto landscape.