CoinMarketCap vs. CoinGecko: Choosing Tools to Analyze Crypto Markets
Services that aggregate data from the cryptocurrency markets are some of the most demanded tools for day-to-day analytics among investors. Such services provide information about the state of the market, prices and market capitalization of assets, exchange trading volumes, listed coins, and trading pairs.
Over time, they introduce more functions and refine the methods of calculating particular metrics. Therefore, despite the seemingly identical abilities, there are significant differences between such analytical services.
We compared the leading market analytics platform CoinMarketCap and its main competitor CoinGecko.
Popularity
According to SimilarWeb, in February, CoinMarketCap (CMC) website was visited 37 million times, compared to CoinGecko’s 8.33 million.
Total visits for CMC and CoinGecko websites. Source: SimilarWeb
Both services’ monthly traffic is growing. Although, CoinGecko isn’t growing as fast as CMC and has less than a quarter of the big one’s user base.
SimilarWeb’s report shows the traffic dynamics of CoinGecko and CMC from March 2019 to February 2020.
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