CoinMarketCap Releases New Crypto Data Dapp With Portfolio Tracking, Charts and Price Alerts

While building up its reputation as a reliable analytics and data provider for the world of cryptocurrencies, CoinMarketCap has also announced the launch of what is its very first mobile-based app on Android. Along with this release, it has also made some major changes to its existing Apple iOS interface.

Some of the features that the mobile app offers users include some that are not yet available for users of its website. These include candlestick charting of assets, comparative cryptocurrency charts, as well as real-time portfolio tracking, fixed and modifiable price alerts and user accounts. This is according to announcements made by the company this week.

Going into further detail about the mobile app, CoinMarketCap's global head of marketing, Carylyne Chain discussed some of the features available.

“We believe that our users will like the new style and the features we’ve added to these apps, and we’ll continue to update the app regularly based on the feedback we receive.”

In order to take advantage of this app, users will need to sign up for an account via CoinMarketCap on the apps. This will allow them to save their created or already existing list of portfolios and watchlists. Along with this suite of new features, the team has stated that it intends to allow various app accounts to be synced up with the website in the foreseeable future, which would allow users to move seamlessly from observing metrics from browser to app.

Along with this range of features, these mobile applications also include a sub-category of strong and weaker performers over various spans of time. Along with tracking performance, it offers a well-curated list of news from the industry, according to the CoinMarketCap team. All data that is provided to users within the apps is also made readily available through its existing API, which was officially launched back in Mid August of last year.

Over the span of last month, CoinMarketCap has also managed to launch two benchmark indices, which covert the top performing 200 cryptocurrencies according to their market capitalization over time – one that includes the metrics for Bitcoin's performance (BTC) and one without – These include data feeds from the likes of the Nasdaq Global Index Data Service (GIDS), Thomson Reuters Eikon (Refinitiv), as well as the German-based Börse Stuttgart and Bloomberg Terminal in conjunction with its own platform.

Along with these new features added to its mobile apps, CoinMarketCap has also added crypto asset letter grades to the existing platform, especially for the blockchain analytics startup company – Flipside.

What it refers to is the metric created by Flipside referred to as the Fundamental Crypto Asset Score (FCAS). This metric system takes into consideration critical factors including developer activity, along with a broad range of transaction data.

CoinMarketCap, along with this new launch of its mobile app for Android users, had initially launched the iOS iteration back in May of 2018, serving as an interesting fifth anniversary present for its supporters and users.