For most successful traders and investors, success is achievable via understanding the market in-depth and making educated predictions as to where the market is heading next. With the correct data, they are able to recognize the expanding network, unearth hidden treasures, and locate thrilling trade chances.
They go and verify the facts themselves, though, rather than just copying trading concepts from others. You can observe exactly what’s happening and expand your own portfolio with the aid of these cryptocurrency trading tools.
In the cryptocurrency market, token unlocks are important occasions that may result in notable price changes and trading opportunities. Tokens that were previously locked are released during these occasions, allowing them to be traded or used.
Token unlock schedules have a significant impact on an asset’s price, liquidity, and market sentiment; thus, investors keep a close eye on them. This post will define token unlocks, discuss their significance, and list some of the most noteworthy forthcoming token unlock events that you should be aware of.
10 Best Crypto Tools for Tracking Assets and Events
1. Social Signals – Lunar Crush
LunarCrush uses social media platform analysis to track the sentiment of millions of cryptocurrency traders and investors in real time. LunarCrush can assist in separating the signal from the noise when browsing through your social media profiles, even when there may be a lot of noise.
2. Total Locked Value (TVL) – Defi Llama
Over 800 DeFi protocols from more than 80 distinct blockchains are trackable by DeFi Llama. The total monetary worth of cryptocurrency assets put on a blockchain, decentralized application, or particular project is known as the Total Value Locked (TVL).
3. Bullish or Bearish Signals – IntoTheBlock
IntoTheBlock provides real-time bullish and bearish signals for the main cryptocurrencies. They specifically focus on on-chain signals, exchange signals, and derivatives. While you must sign up to receive the most thorough charts, you may view the basic ones for free. Additionally, they provide automatic Bitcoin price predictions.
4. Live Market Intel – Chainalysis
Chainalysis is a blockchain data platform that offers insights into cryptocurrencies. In their market area, they offer free global coverage of bitcoin flows. You can observe if Bitcoin is flowing to or from exchanges, as well as which locations.
5. Financial Metrics – Token Terminal
Token Terminal collects financial data from blockchains and dApps and presents it in simple financial metrics that provide an overview of a cryptocurrency’s performance. You can look at metrics typically used to evaluate stocks, such as the price-earnings ratio.
6. Crypto Events Calendar – Coindar
Coindar allows you to filter events by time, importance, reliability, and cryptocurrency. Major protocol events, such as an important announcement, can provide a catalyst for significant price movements, both upward and negative.
7. Compare Coins – the Coin Perspective
The Coin Perspective allows you to easily compare coin market capitalizations and calculate the price of a token assuming it reached an equivalent market capitalization. The market capitalization is one of the most commonly utilized metrics among cryptocurrency investors.
8. Visual Overview – Coin360
Get a fast visual picture of the market’s performance. It is easier to read than a list of coins and allows you to immediately determine which coins are doing well or poorly.
9. Filter Crypto News – Crypto Panic
CryptoPanic is a cryptocurrency news aggregator tool that allows you to find the specific type of news you’re looking for. On CryptoPanic, you may find trending coins, bearish signs, and updates on specific cryptocurrencies.
10. Developer Activity – Crypto Miso
CryptoMiso displays the number of commits made on GitHub for popular cryptocurrencies. Essentially, it demonstrates how hard programmers work to upgrade networks and create new dApps.
Practical Tools and Resources
To efficiently track your cryptocurrency investment, here are some more tools and information that help improve your strategy:
- Token Unlock Calendars: Websites like Token.Unlocks.app and CoinGecko offer full timetables for upcoming unlock events.
- Market Analysis Tools: For real-time market analysis, use systems like TradingView to establish alerts and monitor price fluctuations.
- Top Portfolios Analysis: Using tools like Cointree, users can easily find and purchase top-performing portfolios from top traders on the marketplace. You may learn from the best, save time studying coins, and earn profits like an expert trader.
By following these simple procedures and utilizing the appropriate tools, you can convert token unlock events into profitable opportunities, maximizing your crypto trading strategy for both short-term gains and long-term growth.
Wrapping Up
These crypto trading tools might help you learn more about individual cryptocurrencies and spot lucrative trading opportunities. More significantly, they will assist you in expanding your expertise and becoming a more effective trader.
In addition to our guide to the finest crypto trading tools, we offer a full learning hub to help traders of all levels improve their skills.
