CoinMarketCap is the most popular cryptocurrency price index platform that also includes tokens and stablecoins. Launched in 2013, CoinMarketCap currently counts 4,924 cryptocurrency assets and lots of crypto exchanges connected and providing data for the indices. Today, we’re going to review CoinMarketCap alternatives.
In a way, the service has provided millions of people around the world to follow and impatiently observe the fluctuations of Bitcoin and their beloved altcoins every day. Their price charts are widely spread across all cryptocurrency-related communities.
After giving credit to the platform, let’s take a closer look at it and compare it with the main competitors in the cryptocurrency price indices and charts domain.
Each minute the market and price data come to CoinMarketCap from a vast number of crypto exchanges and accurately checked for validity using a specific algorithm.
Worth mentioning that the German private company Solactive, which has established itself in the field of index solutions for ETFs and other index-linked investment products, is engaged in the aggregation, administration, and calculation of all indices.
The Coinmarketcap website is available in 15 different languages.
Crypto-backed loans rankings
# of cryptoassets: 4,924 # of fiat currencies: 32 # of exchanges: 306 Price data refresh rate: every minute Avg. 30-day visits (SimilarWeb): 36,000,000 Launch year: 2013 Dark mode theme: Yes. 🌚
CoinMarketCap is also available as a mobile app for iOS and Android. Read more about their data aggregation and calculation methodology.
In the process of studying various ratings of cryptocurrency price monitoring services, most reviews put CoinGecko in 1st or 2nd place as a worthy alternative to Coinmarketcap. The service is supported by a Malaysian state center for entrepreneurs, and the company’s office is located in Kuala Lumpur.
This one is our favorite, which we appreciate for beautiful market snapshots with a heat map of all price changes with real-time updates. The project can hardly be called a competitor or an alternative to CoinMarketCap, it rather covered that missing functionality for cryptanalysts, especially those from YouTube.
Coin360 also has gorgeous price charts with the ability to export them as images in both dark and bright modes. As for me, these are the most representative charts for publications (traders, I understand that TradingView is the best for analytics).
We must give credit to their latest functionality, which allows you to find the most liquid (i.e., large amounts) crypto-to-crypto transactions on the 25 biggest cryptocurrency exchanges. Read more here, and look at the Liquidity Book is here.
Downloadable market state heatmaps 🤓
# of cryptoassets: 3,467 # of fiat currencies: 11 # of exchanges: 238 Data refresh rate: updated every 8 seconds Avg. 30-day visits (SimilarWeb): 500,000 Launch year: 2017 Dark mode: Yes. 🌚
Live Coin Watch is a relatively new project created by a development team from Delaware (USA). Their cryptocurrency rating looks nice and has the ability to customize columns with metrics such as social sentiment, liquidity, availability, ROI and different types of an asset supply (total, circulating, issued and maximum).
In general, this is a convenient alternative tool CoinMarketCap, created with a clean appearance and a minimalistic approach. Read more about their rankings calculation.
Built-in portfolio tracker
# of cryptoassets: 2,634 # of fiat currencies: 4 # of exchanges: 169 Data refresh rate: customizable, starts from 2 seconds Avg. 30-day visits (SimilarWeb): 750,000 Launch year: 2017 Dark mode: Yes. 🌚
This project differs from CoinMarketCap in that it provides more detailed tools for market analysis like fundamental, investment and development (i.e., GitHub activity statistics) analytical tools.
What makes CoinCheckup a real alternative to all other cryptocurrency monitoring services is dividing the market by industries: payments, mining, wallets, gaming, dApps, networking, trading, investments and so on. There is really no point in comparing IOTA with BTC, for example, as they are designed to solve different problems.
Advanced tools to analyze the cryptocurrency market in details
# of cryptoassets: 2,370 # of fiat currencies: 10+ # of exchanges: Unknown. Data refresh rate: updated every 8 seconds Avg. 30-day visits (SimilarWeb): 300,000 Launch year: 2017 Dark mode: Sure, they have it. 🌚
In the process of writing this article, I completely forgot about CryptoCompare, a very popular cryptocurrency portal. Nevertheless, this website not a true competitor or alternative to CoinMarketCap, since its functionality covers almost all the needs of cryptocurrency users: news, calculators, ratings, reviews, trading, public portfolios, and much more.
# of cryptoassets: 1,997 # of fiat currencies: 4 # of exchanges: 242 Data refresh rate: n/a Avg. 30-day visits (SimilarWeb): 3,000,000 Launch year: 2014 Dark mode: 🌚
Summary of CoinMarketCap Alternatives
CoinMarketCap is sure to remain the leader for a long time thanks to its simplicity, loading speed and its fame in the cryptocurrency community (see the Google Trend comparison below). Not to mention, it also offers a huge amount of historical data and only loses to CoinGecko in the number of supported exchanges and listed digital assets.
However, sometimes you need to look at the heat map of the Coin360 market or study all the coins in the payment sector on CoinCheckup. But, when we want to see cryptocurrency rates, most of us come up with CoinMarketCap.