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3) Let me start by saying something more popular: has caught up to CMC. It happened slowly and then all at once. That's extremely impressive. And it's extremely bad news for CMC.
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5) is the better product. But that's been true for a while. And if you look at what's happened _recently_ -- Gecko has gotten better. But CMC is a world of difference.
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6) A year ago, CMC wasn't even close. 80% of the 'top' exchanges were fake. It was a matter of finding the real ones, not removing the fakes. It was a running joke how bad it was.
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7) And now, it's... not that bad. OKEx is egregious, but the top 10 spot are overall somewhat reasonable. Top 10 derivatives could use a bit more work, but it's like 70% correct, which is still way better than before.
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8) And, I mean, I don't *know* why. But I have a guess. Pretty much the day Binance bought CMC, it started getting better -- a lot better. It has a lot of catching up to do, but the product has gone from hopelessly fucked to competitive.
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9) And in the end the perception of bias, combined with the historical sins and the actual bias, might do it in. Plus, CoinGecko keeps getting better: they're hungry. But for CMC, there's hope; their BTC pricing is no longer 1% off, and their exchange lists are useful.
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