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RE: Is something Wrong with Coinmarketcap?
If Bitcoin value in dollars goes UP, altcoins have part of Bitcoin that is called satoshi. So, if Bitcoin for example goes up to 3000 dollars and let's imagine that all coins stay at the same number of satoshis, their value in dollar will also go up. If their lose some value in satoshis, they will still go up in value, but situation will be different if you compare them with bitcoin because they now have less satoshis.
Well i have been long enough in cryptoland to understand that, but something is not right. if Bitcoin Value for example is going up by 2.80% as per the above photo and Ripple stays the same rate in terms of satochis then it will go up by 2.80% as well. but if ripple looses 1% in satochis then we can see ripple gaining 1.80% in terms of USD, and not 8% as in this case.
Maybe it has to do with the Volume in Big exchanges like Polo? but i am still not convinced as i stated above some of the coins are only available in one exchange like IOTA!
That's correct. Maybe they are not updating all parts of website in the same time... Or they use some different calculations for that.