CoinMarketCap is stepping into a new chapter this week, but not in the way many users assumed. After MEXC announced the listing of a token labeled $CMC20, confusion erupted across the crypto community. Many believed CoinMarketCap had finally launched its own native token. The company quickly corrected the record. CoinMarketCap acknowledged the MEXC listing, but also stressed a key point: CoinMarketCap does not have its own token. The $CMC20 ticker is not a CoinMarketCap coin. Instead, it represents a new on-chain index product built by third-party partners, with CoinMarketCap acting strictly as the index provider. SCAM ALERT: CoinMarketCap does NOT
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