A watershed moment for any cryptocurrency is to be listed on CoinMarketCap. CMC brings a tremendous amount of visibility to coins and tokens. It is the benchmark index tracker for crypto exchanges and has a reputation for leadership among its peers. It was the first big index to filter out exchanges conducting misleading 'wash trading' practices to inflate the volume of transactions. It has a high bar for currencies to be listed, which lessens the chance of showcasing scams and worthless 'crap-coins'. Landing a coveted space on CMC brings an air of legitimacy for those who may not look deeper into the value of crypto projects. In short it is the go-to place to track the top cryptocurrencies.
Today was the first day that Uptrennd (1UP) was listed on CoinMarketCap!
This highlights a number of efforts by the Uptrennd development and leadership team to make it a reality. It has been only a short time since Uptrennd, still in Beta, came on the scene as a fresh social media site that rewards both content creators and users with cryptocurrency. It has differentiated itself and proven to be very popular with it's users, growing a passionate community is short order.
Congrats to the Uptrennd team and its community. This is what happens when a well-managed social platform is created by passionate people. It attracts a great community, gets noticed, and joins other rising stars on CoinMarketCap.