How does marketshare.com track the market share of different cryptocurrencies?

3 answers

• Aaron SamNov 19, 2024 · a year ago
  Marketshare.com tracks the market share of different cryptocurrencies by analyzing trading volumes across multiple exchanges. They collect data from various sources, including exchanges, trading platforms, and market data providers. By aggregating this data, they are able to estimate the market share of each cryptocurrency based on the volume of trades. However, it's important to note that their data may not be 100% accurate as it relies on the data provided by these sources. Additionally, the frequency of data updates may vary depending on the availability of new data from the sources they rely on.
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• Metro280Aug 30, 2023 · 2 years ago
  To track the market share of different cryptocurrencies, marketshare.com uses a combination of data scraping and API integration. They collect trading data from various exchanges and analyze the volume of trades for each cryptocurrency. Their algorithms then calculate the market share based on this data. The accuracy of their data depends on the quality and reliability of the data provided by the exchanges. As for the frequency of updates, marketshare.com strives to update their data in real-time or as frequently as possible to provide the most up-to-date market share information.
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• Saif SaifJul 02, 2023 · 3 years ago
  Marketshare.com, a leading market research platform, tracks the market share of different cryptocurrencies by leveraging their partnerships with major exchanges and market data providers. They have access to real-time trading data and use advanced algorithms to analyze the volume of trades for each cryptocurrency. This allows them to accurately estimate the market share of each cryptocurrency. Their data is updated regularly to ensure the most current market share information is available to users. However, it's important to keep in mind that marketshare.com's data represents an estimation and may not reflect the exact market share of each cryptocurrency.
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