Does anyone know why Ripple's price is always so inflated on coinmarketcap.com? The past week every time I check ripples price is about 20-30% higher than what it is listed as on all the major exchanges (Poloniex, Binance, Bitfinex, etc.), while all off the other altcoins pricing seems to be pretty consistent, even during times of extremely high volume / price volatility, for example tron last night.
Could this be due to some ulterior motives, i.e. holdings in ripple, or payment from their team, or does it just have to do with where they get their data from? If it was just a data sourcing problem i feel like it would be fixed by now, why would they not just use an average from the price on all the top volume exchanges, that seems to be what they do with every other coin. I don't know something just smells phishy to me. Let me know what you think!
Thanks for your time,
- Elias
this is an excellent question, i was wondering the exact same thing. ripple's price on CoinMarketCap was consistently $0.30-0.50 higher than what it was trading for on binance or poloniex. smells fishy to me... anyone with deeper knowledge care to chip in?