ℹ️ Popular Tools for Token Analysis
Every day, dozens of new tokens emerge in the world of cryptocurrencies. But how do you know which ones to trust and which are just fleeting trends?
🔍 Basic Analysis Tools
The first thing you should do is use cryptocurrency aggregators.
They provide key market data such as market capitalization, current price, trading volumes, and trends.
Here are the two most well-known and recommended aggregators:
CoinMarketCap 🧢
One of the most popular cryptocurrency data aggregators, offering information on market capitalization, prices, trading volumes, listings, and other important metrics.
This resource makes it easy to track the market's status and obtain up-to-date data on thousands of cryptocurrencies.
CoinGecko 🦎
An independent cryptocurrency data aggregator that not only shows price and market cap information but also evaluates projects based on their activity, development, and community engagement.
CoinGecko also provides data on decentralized finance (DeFi) and non-fungible tokens (NFTs).
🎮 Deeper Analysis
For a more detailed study of specific tokens or projects, use specialized tools:
▪️BubbleMaps — visualizes token movements.
▪️Santiment — analyzes social context and market sentiment.
▪️DexScreener — tracks new trading pairs and trends.
▪️TokenUnlocks — monitors token unlock schedules.
▪️TokenSniffer — checks new tokens for scam indicators.
▪️Dune Analytics — creates analytical dashboards.
▪️Coinglass — aggregates data from derivatives exchanges.
🖥 What Else Helps with Analysis?
Analyzing cryptocurrencies isn’t just about numbers and charts.
Often, a single message from a project’s founder on Twitter or Telegram can reveal more than dozens of charts 📈
Remember, the ability to identify promising technologies and teams is a crucial skill that develops through studying various sources in combination.
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