2021 is just getting started — but what did CoinMarketCap do in 2020, and what is there to look forward to?
Dear CoinMarketCap users,
It’s finally 2021, and it’s almost like 2020 never existed — Bitcoin’s thrilling all-time highs that it seems to break every single day have almost wiped away the disaster that was 2020 (key word here: almost).
Here at CoinMarketCap, we are as bullish on the new year as we could possibly be, and it’s due to a lot more than the price of the top crypto.
2020 was a year of soul-searching for a lot of the world — a global pandemic ground normal life to a halt, and many people began working from home and struggling with how to live in a world where travel stopped, restaurants became taboo and it was dangerous to hug your family.
2020 was also the year when cryptocurrencies became the biggest topic of the financial markets. From the wild gains and insanely creative projects in the decentralized finance space in the DeFi Summer, to Bitcoin’s aforementioned meteoric rise at the very close of 2020, CoinMarketCap has been watching just as much interest as you all.
And we haven’t just been watching — CoinMarketCap has also been constantly thinking of new ways that your trusty crypto price aggregator can support all crypto seekers during our new reality.
After the acquisition, CoinMarketCap was under huge pressure on social media. We sincerely thank those who care about CoinMarketCap for giving constructive criticism. We are not a perfect company, not even close. However, we have been thriving to provide unbiased, high quality and accurate crypto information to our users. This is why, despite the noise, our entire team was heads down on polishing our product in the past year as that is what we would like to be judged by.
We (Truly) Put Users’ Needs First
One of the biggest steps that we took (and if you saw our former ad revenue, you’d know how big it really is) was to remove all banner ads from the CoinMarketCap website. A dislike of banner ads is something that pretty much everyone can relate to — but at the same time, companies do need a little thing called money in order to stay afloat.
To improve our user experience on the CoinMarketCap mobile app, we have also introduced live price auto-refresh as well as added new DeFi and storage categories. We know that the DeFi summer wave brought decentralized finance tokens to the top of everyone’s minds, while the launch of long-awaited decentralized storage projects like Filecoin brought a little sparkle to the not obviously exciting storage space.
Learn Crypto, Earn Crypto, Then Learn More Crypto
One of CoinMarketCap’s guiding principles is our aim to showcase the cryptocurrency revolution — and 2020 was definitely a revolutionary year for crypto.
What better way to show the world what’s been happening in crypto than to support crypto education? A revolution has to start somewhere, and informing the world about what cryptocurrency really is is one of the first steps.
Picture the library of Alexandria, which housed almost all of the books ever written during its time, then picture the library online, then picture those books replaced with articles about cryptocurrency — and you’ve got CMC Alexandria. From those just getting started in crypto, to more experienced crypto users wanting to dig into new projects, CMC Alexandria had you covered.
Here are some of our favorite CMC Alexandria articles that 2020 brought us:
It’s just the first week of 2021 and Bitcoin has already broken $34,000 once — who knows what the rest of the year has in store?
Happy new year, stay inside, wear a mask, and get ready for a year of ATHs!- CoinMarketCap