5 Essential Tools for Crypto Assets Trading

During this bull market surge, token prices and trading volumes may rise rapidly. Whether trading altcoins or meme coins, investors need to master the right tools to find the suitable tokens at the right time. Here are 5 tools that are crucial for Crypto Assets traders:

1. Dexscreener

Dexscreener is a real-time data streaming platform that can track newly issued meme coins across 30 blockchains. It offers data charts at 5-minute intervals, and there is a mobile application that can set price change push notifications. This is a very useful tool for investors looking to grasp the pulse of DeFi.

2. ArkhamIntelligence

Arkham Intelligence can help users gain insights into the situations behind blockchain transactions. It can display the current/historical holdings and overall profit and loss of specific wallet addresses, and it can also identify the top holders of tokens. Users can also set up real-time push notifications to track the movements of specific wallets.

3. Zapper

Zapper transforms the blockchain into a social media platform, allowing users to browse popular DeFi applications, tokens, DAOs, and NFT collectibles. It offers a user-friendly interface that can filter by network or other criteria, and also allows for the creation or joining of token chat groups. Zapper presents trends on the blockchain in an easily readable format, helping users keep up with developments.

4. DefiLlama

DefiLlama is an important tool for tracking trends in the DeFi sector, monitoring the total locked value of all DeFi, blockchain, and dApps ( TVL ). Users can gain a comprehensive understanding of the overall situation of DeFi through its database, analyze trends in specific ecosystems and protocols, and also track fundraising announcements for new protocols. Whether analyzing market capacity or protocol revenue, DefiLlama provides the latest and most comprehensive data.

5. Coinglass

For investors involved in Crypto Assets derivatives, Coinglass is an indispensable resource. It provides comprehensive derivative data such as futures trading volume and open contracts, as well as tools like the Bitcoin rainbow chart to help users grasp the market cycles of Bitcoin and determine whether the current situation is overbought or underbought.

Summary

In the current bull market, these tools are not only convenient but also essential. From real-time tracking to market insights, from in-depth analysis to data aggregation, each tool offers unique and important functions for Crypto Assets traders. Whether it's short-term trading or long-term investment, effectively using these tools can help you seize the opportunity in the rapidly changing Crypto Assets market.