Between the overwhelming mass of options and every other token claiming to be the next Bitcoin, it can be hard to know where to turn. The good news is that there are several sources of information for new tokens to invest in, some of which are as follows:
New Exchange Listings
Crypto exchanges are one of the cornerstones of the industry and can be a source of endless inspiration for new tokens. Not only are there hundreds listed on your average exchange but all are vetted. Before a token gets listed, there is a rigorous review process that makes sure it is not a pump-and-dump scheme or a shitcoin. So, if you look at new listings on Binance for investment opportunities, you can rest assured that what you are buying is safe.
Look through the freshly-listed tokens and the best-performing ones to get some ideas on what to buy.
Lists From Reputable Sites
In the same way you’re looking for crypto assets to buy, so are thousands of other people around the world. In response to this, many reputable crypto news sites release analysis pieces with the best tokens to invest in. This includes everything from legacy tokens to meme coins to presales and everything in between. The good thing about these lists is that they explain why these tokens are a good investment and don’t just list them blindly. For those who really want to do their research, this is a good idea.
Crypto Investor Communities
The crypto community is alive and active and nowhere is this more evident than in investor communities online. From Twitter communities to Telegram groups, hundreds of investors congregate in these groups to share ideas and recommendations. By joining one of these, you can hear of investment opportunities that you never imagined and tokens that can make you a fortune. What’s more, you can ask your fellow community members about their opinions on various tokens and get feedback in real time. Just make sure you join a legitimate and vetted community, not one pushing shitcoins.
Token Performance Metrics
Sometimes the best way to find new tokens is to simply look for what the market is responding well to. Aggregation sites like CoinMarketCap and exchanges like Coinbase list tokens by performance and allow you to search for the assets that have performed the best on the last day, week, month, and so on. By doing this, you not only find out about tokens you might have missed but can also see the ones already doing well. This represents less risk on your part, though you must take care to avoid pump-and-dump schemes that sometimes float about the industry.
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