# Market cap spike / sudden 3x supply increase according to Coingecko?

**URL:** <https://forum.badger.finance/t/market-cap-spike-sudden-3x-supply-increase-according-to-coingecko/3453>\
**Category:** General Discussion\
**Created:** [February 24, 2021, 4:32am UTC](https://forum.badger.finance/t/market-cap-spike-sudden-3x-supply-increase-according-to-coingecko/3453 "2021-02-24T04:32:42Z")\
**Posts on this page:** 11\
**Page:** 1

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**Author:** ![Guybrush](https://avatars.discourse-cdn.com/v4/letter/g/4da419/32.png) [@Guybrush](https://forum.badger.finance/u/Guybrush)\
**Post date:** [February 24, 2021, 4:32am UTC](https://forum.badger.finance/t/market-cap-spike-sudden-3x-supply-increase-according-to-coingecko/3453/1 "2021-02-24T04:32:42Z")

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Hi,  
just noticed Badger market cap spiked today, from $126m to $300m+ on coingecko : is this a bug on Coingecko end, or did something happen I wasn’t aware of that resulted in massive dilution ?

Besides, where can I find stats about supply? Couldn’t find on the website? Coingecko says circulating supply suddenly jumped to 6.5 million (21m max).

Was there a huge unlock or something ?

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**Author:** ![bkc11](https://yyz2.discourse-cdn.com/flex034/user_avatar/forum.badger.finance/bkc11/32/930_2.png) [@bkc11](https://forum.badger.finance/u/bkc11)\
**Post date:** [February 24, 2021, 6:04am UTC](https://forum.badger.finance/t/market-cap-spike-sudden-3x-supply-increase-according-to-coingecko/3453/2 "2021-02-24T06:04:03Z")

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I have been wondering the same. The circulating supply was around 2 million badgers few days ago, now it’s about 6.5 million. Would really appreciate if someone would help answer our concerns.

Any response is appreciated.

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**Author:** ![zlc9527](https://avatars.discourse-cdn.com/v4/letter/z/b77776/32.png) [@zlc9527](https://forum.badger.finance/u/zlc9527)\
**Post date:** [February 24, 2021, 10:14am UTC](https://forum.badger.finance/t/market-cap-spike-sudden-3x-supply-increase-according-to-coingecko/3453/3 "2021-02-24T10:14:07Z")

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They pretended to be invisible

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**Author:** ![hash\_error](https://avatars.discourse-cdn.com/v4/letter/h/ba8739/32.png) [@hash\_error](https://forum.badger.finance/u/hash_error)\
**Post date:** [February 24, 2021, 11:18am UTC](https://forum.badger.finance/t/market-cap-spike-sudden-3x-supply-increase-according-to-coingecko/3453/4 "2021-02-24T11:18:29Z")

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Hi folks, coingecko was previously displaying incorrect data. Now CG is displaying correct circulating supply.

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**Author:** ![bkc11](https://yyz2.discourse-cdn.com/flex034/user_avatar/forum.badger.finance/bkc11/32/930_2.png) [@bkc11](https://forum.badger.finance/u/bkc11)\
**Post date:** [February 24, 2021, 9:33pm UTC](https://forum.badger.finance/t/market-cap-spike-sudden-3x-supply-increase-according-to-coingecko/3453/5 "2021-02-24T21:33:04Z")

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Coinmarket cap has 2.3 M circulating supply. That needs to be corrected too then.

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**Author:** ![hash\_error](https://avatars.discourse-cdn.com/v4/letter/h/ba8739/32.png) [@hash\_error](https://forum.badger.finance/u/hash_error)\
**Post date:** [February 24, 2021, 10:10pm UTC](https://forum.badger.finance/t/market-cap-spike-sudden-3x-supply-increase-according-to-coingecko/3453/6 "2021-02-24T22:10:13Z")

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Sounds like team is reaching out to coinmarketcap but coinmarketcap needs to fix it on there end. You may want to send coinmarketcap an email as well if it’s a tool you use.

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**Author:** ![Guybrush](https://avatars.discourse-cdn.com/v4/letter/g/4da419/32.png) [@Guybrush](https://forum.badger.finance/u/Guybrush)\
**Post date:** [February 25, 2021, 2:22am UTC](https://forum.badger.finance/t/market-cap-spike-sudden-3x-supply-increase-according-to-coingecko/3453/7 "2021-02-25T02:22:34Z")

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Not gonna lie : this is not awesome.  
A big reason why I bought Badger was its low market cap. Which is actually 3x bigger than what I thought.

Not the good kind of surprise. Not awesome.

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**Author:** ![imimim](https://avatars.discourse-cdn.com/v4/letter/i/4bbf92/32.png) [@imimim](https://forum.badger.finance/u/imimim)\
**Post date:** [March 2, 2021, 9:05pm UTC](https://forum.badger.finance/t/market-cap-spike-sudden-3x-supply-increase-according-to-coingecko/3453/10 "2021-03-02T21:05:20Z")

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One of the cool things about a public blockchain like this is that every transaction is viewable and auditable by the public. For example, at the following link, you can find all of the transactions involving the Badger token: [https://etherscan.io/token/0x3472a5a71965499acd81997a54bba8d852c6e53d](https://etherscan.io/token/0x3472a5a71965499acd81997a54bba8d852c6e53d)

And at the following link, you can find all of the transactions involving the bBadger token: [https://etherscan.io/token/0x19d97d8fa813ee2f51ad4b4e04ea08baf4dffc28](https://etherscan.io/token/0x19d97d8fa813ee2f51ad4b4e04ea08baf4dffc28)

So, if there were shenanigans, there’s a good chance that there will be clues at those two links

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**Author:** ![luo](https://yyz2.discourse-cdn.com/flex034/user_avatar/forum.badger.finance/luo/32/970_2.png) [@luo](https://forum.badger.finance/u/luo)\
**Post date:** [March 27, 2021, 4:34am UTC](https://forum.badger.finance/t/market-cap-spike-sudden-3x-supply-increase-according-to-coingecko/3453/12 "2021-03-27T04:34:54Z")

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Why did it increase so much all at once? What I saw is that the 850W team shouldn’t explain it ？

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**Author:** ![Devin](https://yyz2.discourse-cdn.com/flex034/user_avatar/forum.badger.finance/devin/32/596_2.png) [@Devin](https://forum.badger.finance/u/Devin)\
**Post date:** [March 27, 2021, 5:17am UTC](https://forum.badger.finance/t/market-cap-spike-sudden-3x-supply-increase-according-to-coingecko/3453/13 "2021-03-27T05:17:03Z")

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It didn’t. As was said above coin gecko and coinmarketcap were reporting it incorrectly. We reached out to them many times but they were slow to fix it.

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**Author:** ![FF1B4A27562D8FFC821B](https://yyz2.discourse-cdn.com/flex034/user_avatar/forum.badger.finance/ff1b4a27562d8ffc821b/32/1706_2.png) [@FF1B4A27562D8FFC821B](https://forum.badger.finance/u/FF1B4A27562D8FFC821B)\
**Post date:** [March 28, 2021, 2:01pm UTC](https://forum.badger.finance/t/market-cap-spike-sudden-3x-supply-increase-according-to-coingecko/3453/14 "2021-03-28T14:01:25Z")

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this is a classical error that these APIs have with ethereum, they’re not running their own independent node, so the calculation will show discrepancies

- Nomics shows circulating supply at: 7,765,884  
[BADGER - Badger Price, Charts, All-Time High, Volume & Markets - In USD, EUR, CNY etc. | Nomics](https://nomics.com/assets/badger-badger#highlights)

- coingecko shows circulating supply at: 7,766,263  
[https://www.coingecko.com/en/coins/badger-dao](https://www.coingecko.com/en/coins/badger-dao)

- coinmarketcap shows circulating supply at: 8,393,422  
[Badger DAO price today, BADGER live marketcap, chart, and info | CoinMarketCap](https://coinmarketcap.com/currencies/badger-dao/)

every geth instance will have different lag
