Crypto data aggregator websites such as CoinMarketCap and CoinGecko have launched a separate category for the tokens classified as securities by the US Securities and Exchange Commission (SEC).
The SEC is in a full-fledged war with the crypto industry, frequently declaring certain tokens as securities. Consequently, it might be challenging for investors to track tokens manually.
A Separate List For SEC Securities Tokens
The data aggregators have categories for crypto assets similar to sectors in the stock markets. Layer 1s, smart contract tokens, and stablecoins are some examples of the categories.
CoinMarketCap listed 65 tokens with a market capitalization of around $88.9 billion. These tokens make up around 7% of the total crypto market capitalization.
Its competitor, CoinGecko listed 48 tokens with a market capitalization of $91.3 billion. BNB…