Kaiko Data Report Reveals Misleading Market Caps For Crypto Tokens
Kaiko Data’s Research Analyst Conor Ryder has released a report on the liquidity of the top 30 tokens in the cryptocurrency market. Using market depth, volumes, and spreads, Ryder ranked each token to arrive at an overall asset liquidity score. Liquidity score of top crypto exchanges ranked by Kaiko The results of the study, which Ryder shared in a thread on Twitter, showed which tokens have the most mis leading market cap when compared to their liquidity score. Relying solely on market cap to evaluate cryptocurrency can be harmful as it fails to take into account factors like token lockup periods and insider-held supplies, which can result in inaccurate assessments and investment decisions. This information can empower investors to make informed decisions about their cryptocurrency investments. I ranked the top 30 tokens in crypto by liquidity using: 1. Market Depth 2. Volumes 3. Spreads Using those ranks I arrived at an overall asset liquidity score, which can t...