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Orchid jumps on CoinMarketCap from 2400s to 261 ranking

Orchid jumps on CoinMarketCap from 2400s to 261 ranking

All Cryptocurrencies

by COINS NEWS 74 Views

How does CMC gather their info to rank their coins?

https://coinmarketcap.com/currencies/orchid/

Been watching one coin called Orchid (OXT) and I notice it jumped from 2400 to 261 rank. When it was in the 2000's, CMC did not have circulating supply numbers listed for the project. Now they do.

Circulating Supply
65,807,277 OXT

Is this number representative of exchanges sending their information to Coinmarketcap for how many people are buying?

submitted by /u/DarkMatterEclipse
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