How does Coingecko track the price of wmemo?

3 answers

• Dawson GoodAug 18, 2023 · 2 years ago
  Coingecko tracks the price of wmemo by aggregating data from various cryptocurrency exchanges. They collect the price data from these exchanges and calculate the average price of wmemo based on the data received. This method ensures that the price displayed on Coingecko is an accurate representation of the market price of wmemo.
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• Emerson SousaSep 01, 2024 · a year ago
  To track the price of wmemo, Coingecko uses an algorithm that takes into account the trading volume and liquidity of wmemo on different exchanges. By considering these factors, Coingecko is able to provide a more accurate and reliable price for wmemo compared to relying on a single exchange's data.
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• Ben MarsdenMar 04, 2021 · 5 years ago
  Coingecko, a popular cryptocurrency data platform, tracks the price of wmemo by using a combination of different data sources. These sources include exchanges, market data providers, and liquidity providers. By aggregating data from multiple sources, Coingecko is able to provide users with a comprehensive and accurate view of the price of wmemo.
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