Coinmarketcap's marketcap is wrong for Grin

Their total supply figure shows 98.21M when it should be 201.99M. Does anyone have time to submit a request for an edit? I’ve taken a look and there is a spreadsheet that needs completing. In terms of supporting evidence, I think links to any of our block explorers would suffice as our supply is so easy to calculate (block height x 60).

https://support.coinmarketcap.com/hc/en-us/requests/new

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They also recently deleted the tradeogre grin/btc market from their list of markets. Grin/usdt is still showing, but no grin/btc market listed for at least a month now.

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I never look at CMC. But I do check PoW Rankings - Top 100 PoW Cryptocurrencies - F2Pool to see how Grins ranks amongst
all PoW coins in terms of daily dollars produced.
And that one also thinks the supply is only 98M.
I sent them an email enquiry about the discrepancy.

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Coingecko is more reliable and shows correct info now.

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CMC is a paid listing platform. They already ignored many requests from us.

I noticed that the price of grin has skyrocketed, surpassing beam(It used to be lower than the beam for a long time.). Is there any insider news?

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Grin is experiencing a dose of common sense investing. Weigh Grin’s downside price vs it’s upside potential, and the outcome was obvious, especially in retrospect, heh.

1.) Grin was oversold, was sitting on a BTC treasury worth 2x it’s market cap.

2.) Monero, the leading privacy coin, nearing ATH. Grin is privacy related, which benefited.

3.) Grin’s 5-year old ASIC has maintained in the top 10 most profitable of all existings ASICs since release for 5 consecutive years. That alone is astounding, perhaps unprecedented, and will command notice from large scale miners and from all ASIC manufacturers. Why buy a 12,000W Bitcoin ASIC that will be obsolete in a year thanks to a perma-mooning network hashrate, to mine a coin that only has 5% of it’s unmined supply remaining, that will inevitably reduce to a zero issuance block reward?
lol

Time is on Grin’s side since it doesn’t have any block reward havenings, plus it’s a private chain that scales at ultra high efficiency via cut-through, so no monkey jpg storage here, the minimal code serves purely for anonymous peer-to-peer cash payments. It’s 1 Grin/second forever, this achieves superb/maximum PoW security, if one is concerned for the long-term viability of the chain. Grin’s 5-year old ASIC, now the 2nd most profitable ASIC of all existing ASICs available (rank 1 incoming?).

4.) Even though Grin was supported with a supply of new ASICs direct from iPollo up until a few months ago (now sold out), it’s the most profitable coin to mine for GPUs because of its energy efficient algo.

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Indeed look the current ranking and the year of release

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there is why keep BTC treasury,never change into grin.@sixajdb

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It’s manipulation by Nanolabs at Gate io and pump.

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I guess someone realizes $GRIN is a gem (time-based monetary policy, privacy, simplicity), once it can ‘live’ for more than 5 years, it won’t be dead :stuck_out_tongue:

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Just noticed a small metric from grincoin.org , reward is skyrocketed recently

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This website is very useful, will be nice to have same functionality at Telegram bot, for example.

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Good idea, we’ll take that with us

I just submitted a request to CMC to update this. Very minor in the grand scheme of things but every little helps.

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thank you for your request.

I need to tell this guy that total supply is always the same as circulating supply and there isn’t a top 20 list of addresses :joy:

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Instead of those adresses send him the no list:
-No this, no that · mimblewimble/docs Wiki · GitHub
Do mention that Grin has no adresses, people are lazy in reading.

i believe it’s AI’s response :smiley:

After repeated enquiries, and assurances that “the team will be informed” I finally got a straight answer:

We used the API from Coinmarketcap, you may contact the CMC to update the information. Thus our page will get updated with correct information.

Has anyone ever filled out CMC’s spreadsheet ?

  1. Circulating Supply = # of coins that are circulating in the market and in the general public’s hands.
  2. Total Supply = # of coins in existence right now (minus any coins that have been verifiably burned).
  3. Max Supply = maximum # of coins that will exist in the forthcoming lifespan of the cryptocurrency (minus any coins that have been verifiably burned).
  4. API endpoint for Total Supply
  5. API endpoint for Circulating Supply
  6. Explorer Link - Insert URL
  7. Richlist link - Insert URL
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