Cryptocurrency investors have suddenly turned into trillionaires and above due to a small mistake in CoinMarketCap, one of the most popular crypto money platforms, in the past few weeks. After this error, which was fixed in a short time, a similar error was seen today on CoinGecko, one of the popular tracking platforms.
The error seen this morning around 10:20 pm has caused Bitcoin, the leader of the crypto money world, to no longer be the leader in terms of market value. Because the market value of the cryptocurrency named Relevant (REL) was shown as 7 septillion dollars, which is a 24-digit number for a very short time. The bug was fixed shortly.
Those moments when Bitcoin was dethroned
GoinGecko’s co-founder and CEO Bobby Ong said, “The value of some tokens that affect the value of some tokens during the minutes of the error.” there is a glitch. We will fix this issue shortly. I hope we never face such problems again.” made a statement. On the other hand, REL, which suddenly reached a septillion dollar market value in CoinGecko, was also in demand with the event and experienced an increase of up to 20% in its value.
This is not the first time that Bitcoin has been accidentally dethroned. Due to the error in CoinMarketCap in the past weeks, the market value of Wrapped Bitcoin reached quadrillion dollars, dethroning Bitcoin. This error was also fixed in a short time.