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CoinCodeCap — Why should we track the development progress of Cryptocurrencies?

Update — The whole new CoinCodeCap

Dear Crypto investors please come out of the market FUD(fear, uncertainty, and doubt), and focus on where blockchain currently lies and how it’s progressing. The future of crypto depends on how we are going to develop this tech to serve humankind in its true potential.


Whenever you go to any forum or news site, Most of the time people talking about the price of crypto and its adoption. You find fewer articles around its development as technology or technology itself.

Let’s be frank you can’t expect that everyone who is investing will know the technology, yes I said it and This is the truth. Most of the time understanding fundamentals of enough (unfortunately even that’s not happening in this case).

So we created CoinCodeCap to track the development progress for different cryptocurrencies. (In future we’ll track every single crypto project and the development around it.)

For example — ADA has more than 15 thousand commits and have 75 repos and one of the top committers in Cryptocurrency space. They talk about tech and they are creating it and you can observe it by seeing commit history of it’s Github Project.

If you want Ada Widget to add on your site or any other available currency’s development progress on your website, get a widget from CoinCodeCap.

The highest number of transaction ever happened in the day was with the rate of 15.6 transactions per second on Ethereum blockchain (source). Do you think its enough for a solution which is going to change the way we do exchanges?

Below is the matrix of Github commits/month vs Market Capital of last six months. If you see the correlation between these two metrics it gives us Correlation coefficient of 0.153 and this includes small coins too.

But if you remove small coins and see than it give us Correlation coefficient of 0.226. In simple words, Mature project doing more development and pricing is also moving with it.

There are ICOs which are raising funds and scamming the investors. In this market, it’s necessary that you monitor the technological aspect of the crypto. If we didn’t follow the tech progress and went with market FUD then you will have an inevitable market crash and people will lose trust in the market as well as in technology and we don’t want it because no one can deny the enormous potential of blockchain technology.

So come join us to increase the awareness around blockchain tech and track it so we can make sure our investment in the right direction for building solutions for the next generation.

At CoinCodeCap, We track more than 700 currencies with their GitHub data and we are just started. We are trying to build consciousness around crypto development and why investors should focus on its development side in long terms.

Sources —

‘https://etherscan.io/chart/tx

https://priceonomics.com/how-often-do-cryptocurrencies-commit-new-code/

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