Pretty weird...
The circulating supply on CMC is also incorrect. CMC reports 306 million HIVE while the actual supply is 351 million Hive. Hive's reported market cap should be 68 million usd.
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Pretty weird...
The circulating supply on CMC is also incorrect. CMC reports 306 million HIVE while the actual supply is 351 million Hive. Hive's reported market cap should be 68 million usd.
Per CMC ranking criteria they may exclude from the circulating supply any coins that are earmarked for a development fund. Basically they are removing the coins from the steem.dao account.
So according to their criteria there is no error. Hive is not the only coin where the circulating supply does not match with the total supply that you can see on a typical block explorer.
The thing is that they are subtracting the steem dao from the virtual supply and not from the current supply. If they are consistent they could even show a much lower "circulating" supply.
i made a post about this. Maybe it can be linked to the purchase of CMC by Binance.
CMC will not rank a coin in the top 200 unless if it is listed on at least 3 centralized exchanges that meet certain criteria. Up until now Hive was only listed on two exchanges that fit their policy for ranking (Bittrex & Probit), most likely once enough data is gathered they will include the listings from Huobi & MXC and then we will have a normal ranking. Their is no need to look for stories about censorship.
Possible, but I think it would be good if whoever contacted them in the first place to list HIVE contacts them again.