CoinMarketCap has created and launched a Liquidity metric to counter fake trading volumes.
The new feature promises to "act as a barometer" for ranking exchanges and currency. The platform also stated the new metric would also consider the impact of various factors having to do with active trading volume according to CoinHub.
CoinMarketCap’s Chief Strategy Officer, Carylyne Chan, said that CoinMarketCap is trying to counter the situation where various traders try to inflate their volume via the consecutive deployment of orders so that they are able to buy and sell to themselves.
This article is not intended to be financial advice. As always, do your due diligence before investing, and never invest more than you can afford to lose.