There are approximately 10000 cryptocurrencies on the market. However, you cannot invest in all coins and not all coins are good investments. Just like every stock on the stock market, there are fundamentals that help you determine whether it is worth investing in. Besides having basic information, cryptocurrencies also have a lot of information that can be analyzed. In order to invest in an asset effectively, you need to conduct proper research. To make informed investments, an investor must research cryptocurrency research tools. In this article, We’ll discuss the top crypto research tools that investors can use. Let’s get started.
Messari is a cryptocurrency data aggregator with tons of useful tools to analyze charts and make better trading decisions. You can customize your research on different coins by using the screener. Messari is free to use. Messari is free to use. However, if you wish to make the most of this crypto research tool you can upgrade to Messari Pro at $24.99 per month or $29.00 per month with no minimum subscription.
Glassnode, an on-chain intelligence platform, and data platform collects data from multiple blockchains to measure crypto net activity and then uses that data to communicate information and measures to investors. You can also access crypto price data, set alerts, and upload data. Glassnode provides Tier 1 data for free, which is updated 24 hours a day. Paid subscriptions are available for $29 and $799 respectively, which can be paid annually. They provide more data and frequently updated information.
This tool gives information about 100+ digital assets and more than 400 metrics. Investors should only need to know this information. If you are interested in purchasing this tool, an investor should contact Coinmetric directly. There is no publicly available price. Private investors and developers pay $44/month and $149/month respectively.
CoinMarketCap is a name you’re likely familiar with, but CoinGecko may be something new to you. CoinGecko, which tracks cryptocurrency prices by market capitalization, is the largest data aggregator. Live price movements for more than 12,000 coins as well as over 500 crypto exchange platforms can be viewed. KuCoin, one of the most popular exchanges, is best for beginners. It allows them to trade and buy cryptos on the market and offers decent rewards.
5. Coinbase Prime
SkewAnalytics is a great choice if you are interested in derivatives and cryptos. This data analytics tool combines data from the top derivative crypto exchange platforms such as Bybit, OKEx, and Binance on one screen. You can find a lot of valuable data on Coinbase prime.
6. Parts Metrics
Coin Metrics provides cryptocurrency financial intelligence, market data, and indexes. They also provide other analytical tools that can help you make informed decisions about crypto. You have access to more than 100 assets and 400 metrics, which include new ones such as floating supply and realized caps.
LunarCrush, a social intelligence platform, analyzes data from social media networks to gauge investor sentiment and market activity. To see how sentiment impacts crypto, one only needs to look at the charts. Over the past year, social media influencers have triggered huge price swings for BTC and DOGE. LunarCrush gives you real-time insight into who these influencers are and allows you to track the coins and exchanges that are most important to you.
Santiment, another cryptocurrency research tool, is worth a closer look. Santiment, like Glassnode, provides financial, social, and on-chain data on nearly 2,000 cryptocurrencies. Using this method, you can predict the price movements of any cryptocurrency. You can also access behavioral reports and fundamental insights to stay on top of any future developments.
9. Coin Dance
Coin Dance is a powerful, heavy-data Bitcoin research tool that you might want to try. It tracks many metrics including hard rates, network node fees, block sizes, mining breakdowns, fees, and network nodes. Using the data sorting option, you can view the global trends in crypto adoption.
CryptoMiso ranks cryptocurrencies based on their activity on Github. Based on the most used repository, you can see how many commits an individual crypto-project has made in a given time period.