Is CoinMarketCap legit or scam?

The question of whether CoinMarketCap is legitimate or a scam has been circulating in the cryptocurrency community for quite some time. As one of the most popular platforms for tracking cryptocurrency prices and market data, CoinMarketCap has established itself as a go-to resource for investors and enthusiasts alike. However, with the rise of scams and fraudulent activities in the crypto world, it's only natural for users to be skeptical. So, let's delve deeper into this question: is CoinMarketCap truly reliable, or is it just another scam waiting to happen? We'll explore its credibility, transparency, and any potential issues that could raise doubts about its legitimacy.