The narrative of cryptocurrency and DeFi specifically has changed the world of finance tremendously. Currently, there are over 10,748 cryptocurrencies in the market today, a sharp rise from the 50 cryptocurrencies available in 2013.

In addition, the knowledge of cryptocurrency and the onboarding of new people into the Web3 pace has ignited the interest in so many beginner investors. All of these have contributed to creating a fear of missing out (FOMO) amongst so many people in the industry. Thus only those with the ability to uncover which projects are top-rated and would yield many profits would be able to make the most out of the Cryptocurrency industry.

To uncover these projects, you must know the right tools that can help you out as well as how to use them. So whether you are a beginner investor or a pro trader, here are top cryptocurrency research tools that will help you stay ahead of others in accessing the promising projects that will help you remain in profit all through your trading journey.

CoinGecko

Just like CoinMarketCap, Coingecko is one of the top research tools that can give you the means to track the tens of thousands of cryptocurrencies available in the crypto market. It is a data aggregator that can help you track tokens by market cap, and trading volumes, as well as give a full analysis of the market generally.

Apart from this, this tool also helps to provide educational materials as well as guides that would help you navigate your way around the cryptocurrency market. If you want to access more features, you can make use of the premium feature that costs $99.90 annually. The tool is also quite easy to navigate. The more you make use of it, the easier it is for you to make use of this awesome research tool.

DefiLlama

With DefiLlama, you will be able to track TVL, i.e. total value locked of different cryptocurrency projects. If you are a pro trader, you’d understand the importance of knowing what the TVL of a project is. TVL gives you an idea of the amount of cryptocurrency deposited in a particular project. This information allows you to be aware of how undervalued or overvalued a project is and this would give you a means to know if you should invest in a project or not.

On DefiLlama, you will find over 800 DeFi protocols from more than 80 blockchains. This gives you access to compare diverse layer 1 blockchain projects, NFT projects, gaming projects, decentralized applications, etc. It is a wizard wand in the hands of any who has access to it. Fortunately, it is fully available for free and you can easily navigate around it in carrying out your research.

CoinMarketCal

In the cryptocurrency industry, news, and sentiments whether positive or negative, all have a part to play in determining the success of a particular project. With CoinMarketCal, you’d be able to keep tabs on events in the cryptocurrency industry and this will help you a great deal in knowing which project is worthy of your hard-earned capital.

The platform integrates community-driven feedback where people put in these upcoming events which is then verified as whether they are authentic or not. The real events are upvoted whilst those that are said to be fake would receive downvotes.

You can further direct your search to check for events that can affect a singular coin on the platform. All you need do is search for that cryptocurrency and check for the listed events that could affect its price within the specified period that you’re interested in.

Into The Block

Want to get realtime bearish or bullish signals for the top cryptocurrency assets, then, it’s time for you to get into the block. With this tool, you can easily look at on-chain signals, exchange signals, as well as that from derivatives. It comes with more details on the paid version. However, you can still get basic details from charts for free on this platform.

Chainalysis

This is a research tool that gives you insight into cryptocurrencies. With this tool, you would be able to track the flow of Bitcoin across the globe. Chainalysis allows you to see how BTC is moving to and from one exchange to the other, across different countries and regions.

With this information, it would be easier for you to know which project is worth investing in and which project isn’t. This is because this tool gives you specific info, not only about the inflow and outflow of BTC but also the trade intensity, as well as the age of BTC holdings.

Coin Dance

This is one of the tools that you shouldn’t do without. If you want to do a coin dance around diverse metrics, hash rates, network nodes, block sizes, breakdown of mining across the globe, etc. You are going to have one hell of a dance around the information that would be available at your fingertips from this platform.

Other things you can find would include data across countries to measure cryptocurrency adoption, price history, market capitalizations, etc. The platform also comes with the perk of being community-driven. Thus, the validity of all the information you would have there is updated in real-time.

Glassnode

With the help of Glassnode, it becomes easier for you to measure activity in a particular blockchain. In addition, Glassnode serves as an on-chain data and intelligence platform where you can find data that is updated every 24 hours in market indicators, price, active addresses, etc on a particular blockchain.

You can choose to make use of the subscription service paid annually where you get additional data as well as additional updated information.

CryptoMiso

In the cryptocurrency space, it has become a norm for developers to launch projects and leave them abandoned after a while which leads to the increase of rugs in the cryptocurrency space. If you are not aware of how much development has gone into a project, you might end up investing in a dead project that has no value.

Sure, you can track these developments on GitHub. But can you stay still and track each of these projects one after the other? That would be an herculean task and this is where CryptoMiso comes in. Now, you can keep tabs on the cryptocurrencies you are interested in according to their activity on Githun all in one with a platform with CryptoMiso.

Now, you get access to track the number of commits any specific project has done within a set period all in one platform. For example in the past 3 months, Bitcoin ranks as the twelfth valuable cryptocurrency in terms of development.