Issues from CoinMarketCap's Listing Incentives with Smaller Crypto Projects Persist

A recent report by Bitwise exposed how reported trading volumes and market caps on various crypto exchanges were false. CoinMarketCap responded to the report by confirming that some of the data hosted on its platform was inaccurate. Now, various small projects are accusing the platform of deliberately undermining smaller projects while wrongly reporting results of larger projects. Exchanges are aware of such practices in the market; however, they choose not to do anything as seen in the case of CMC. CMC failed to adequately address the issue despite promising to make the necessary changes.