Trypto Tracking Site CoinMarketCap gets an update

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One of the most popular cryptocurrency price data sites announced a series of changes on Wednesday.

CoinMarketCap said it has strengthened its watchlist function for coins and updated its mobile-focused search function "to make it easier to access".

Having launched their first mobile app for iOS users just last month, users are already demanding developments for a second Android-compatible app, as CoinMarketCap's tweets today comment.

The popularity of the site has increased in recent years. It is currently among the top 300 most visited sites in the world, according to data provided by Alexa.

At the same time, CoinMarketCap faces competition from other cryptocurrency data providers such as Thomson Reuters, which recently also announced new updates to their tracking capabilities.

Neither the site was free from controversy, amid increasing popularity. At the start of this year, CoinMarketCap had to face criticism for the decision to remove three Korean trades from their calculated averages – a move that caused bitcoin and other cryptocurrency prices to show up as if they suddenly collapsed.

In response to the disdain of some users, Brandon Chez, computer programmer and owner of CoinMarketCap, told the Wall Street Journal with an e-mail that the company's goal "was and still remains a neutral and accurate source for the community of cryptocurrencies ".

Image graphics via Shutterstock.

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