How does semrush track the market cap of different cryptocurrencies?

3 answers

• Dec 24, 2021 · 3 years ago
  Semrush tracks the market cap of different cryptocurrencies by collecting data from various sources, including exchanges, blockchain explorers, and market data providers. They use sophisticated algorithms to aggregate and analyze this data, ensuring accuracy and reliability. Their tracking methods involve monitoring the circulating supply and current price of each cryptocurrency, and then calculating the market cap based on these factors. Semrush's data is generally considered to be reliable, but it's important to note that market cap can fluctuate due to factors such as price volatility and changes in circulating supply.
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• Dec 24, 2021 · 3 years ago
  Semrush uses a combination of data scraping and API integration to track the market cap of different cryptocurrencies. They gather information from multiple exchanges and blockchain networks to ensure comprehensive coverage. Their algorithms analyze the data and calculate the market cap based on the circulating supply and current price of each cryptocurrency. Semrush's tracking is known for its accuracy and timeliness, making it a valuable tool for investors and researchers in the crypto market.
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• Dec 24, 2021 · 3 years ago
  Semrush is a popular SEO tool, but it doesn't specifically track the market cap of different cryptocurrencies. However, there are other platforms and websites that provide real-time market cap data for cryptocurrencies, such as CoinMarketCap and CoinGecko. These platforms collect data from various sources and calculate the market cap based on the circulating supply and current price of each cryptocurrency. If you're looking for accurate and up-to-date market cap information, I would recommend checking out these platforms.
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