CMC is outdated! For example, the information on Dog is not updated and Certik has it rated poorly. In addition to this, @Binance is listing quick profit tokens.
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The Chaos of the $PENGU Launch on Binance: What Went Wrong?
$PENGU On December 17, 2024, the launch of the Pudgy Penguins token ($PENGU) on Binance, one of the most anticipated events in the cryptocurrency market, quickly turned into a fiasco that left traders and scalpers dealing with losses and confusion. The cause: a market capitalization error that affected investment decisions during the first minutes of trading. What happened? Binance displayed a market capitalization of $350 million for $PENGU, when it should have actually been $3,500 million. This error originated from a delay in the update of data provided by CoinMarketCap (CMC), the data provider that Binance uses to display key metrics.
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