With the infinite resources and information available to us, it can be challenging and overwhelming to learn how to make a good investment in the volatile market of cryptocurrency. However, regardless of whether the user is a beginner or an advanced investor, research tools can help you make a risk-free investment. Therefore, here’s a list of 10 best crypto analytics or on-chain data platforms.
GlassNodeFor detailed insights visit, CoinCodeCap Markets.
GlassNode ArbitrageScannerArbitrageScanner tools for blockchain analysis – analyze wallets, search wallets by filters, search for similar AI wallets – these are the best tools for making money: you can see who and how is making money on the blockchain for specific coins, you can subscribe to these wallets, analyze and follow them: for example, wallets of the largest funds, market makers, market insiders, etc. This is currently the best tool on the market to make money, surpassing all its competitors: Nansen, Debank, Arkham and others.
Other products contain complicated, incomprehensible numbers and data, and it is not clear how to make money with them. In Arbitrage Scanner, all products aim to copy a trading strategy that everyone can understand.
With ArbitrageScanner you can use the same trading strategies → apply them to your portfolio → make money (even if you have no trading experience and skills to analyze coins – just follow the whales of the market, big funds and make money).
The main advantage is that you can immediately calculate income, PNL, Winrate, and other indicators, send wallets for tracking with one button, and analyze wallets and tokens using various indicators.
To understand how the ArbitrageScanner tools work, let’s take a look at a customer case study:
The client tracked down the wallet of a well-known crypto investor with a good reputation who successfully invested in early-stage projects and decided to follow his investment steps. As a result, the client earned +250% in six months on the projects backed by this investor.
PennilessWassie is a cryptocurrency wallet owned by Tetranode, one of the largest and most well-known cryptocurrency investors. It’s important for newbies to realize that Tetranode is not just a random player in the market. They are one of the leading investment groups in the cryptocurrency world, managing hundreds of millions of dollars in assets. They are known for their deep understanding of the market.
To analyze crypto wallets – “Calculate metrics: Winrate, ROI, Volume and PnL” feature, we can evaluate the overall performance of wallet strategies. This includes calculating metrics such as ROI for each asset, which allows us to evaluate profitability and risk.
In one year, the client earned approximately $4 million.
In addition, this wallet holds small capitalization coins such as $JONES, $JPEG, $BTRFLY and $gOHM totaling $200-600K.
The best functionality for making money in the wallet analysis section, no one else on the market has it.
You can set filters for any coin, e.g. that grew 400% yesterday, and find wallets that bought it in advance, sort by income or ROI, and thus find wallets of potential insiders (this can be used for meme tokens, but it is better for large tokens to avoid getting scammed).
No one else in the world has anything like it. Search for similar wallets using artificial intelligence.
For example, if you know 2 wallets of a public person, enter them into the section, and with a high probability, our service will find his wallets by 512 characteristics, even if he has never interacted with them. You can also use this method to find wallets that earn on some strategies and wallets that earn on the same strategies.
For example, if you found 10 wallets that bought a coin before it grew by 400%, you can add them to this section and look for patterns. For example, 6 of them invested in 4 of the same tokens, 3 of them grew, the fourth didn’t. You can analyze it and see which project the wallet owners invested in – the project could potentially shoot very high because the wallets that made a lot of money bought that token almost simultaneously.
Public picks. This section contains wallet picks from various funds that you can follow, as well as picks that the team has found manually (updated once a week). However, you can find all wallets using the filter search function.
In this section you can create your own sets of wallets and follow them via a Telegram bot that you can customize (for example, you can follow only transfers or swaps).
Only with ArbitrageScanner can you search for similar wallets using AI, filter wallets, and perform analysis. You will see who and how is making money on the blockchain for specific coins. You can subscribe to these wallets, analyze them, and follow them, e.g., wallets of the biggest funds, market makers, market insiders, etc.
Also, the big advantage is that, at the same time as analyzing tools, you can use them to arbitrage cryptocurrencies. And this is one strategy for how you can increase your profits even more.
MessariFor detailed insights visit, CoinCodeCap Markets.
Messari CryptoQuantFor detailed insights visit, CoinCodeCap Markets.
CryptoQuant IntoTheBlockAlso read, Non-Fungible Tokens Explained
LunarCrushAlso read, AltFINS Review: Best Technical Tools Provider
LunarCrush SantimentAlso read, Giottus Review: Is it Really Legit or a Scam?
CoinGeckoAlso read, KuCoin vs Binance: Read this before choosing? [Important]
Coin DanceFor detailed insights visit, CoinCodeCap Markets.
Coin Dance CoinMarketCalFor detailed insights visit, CoinCodeCap Markets.
CoinMarketCal CoinMetricsThe Crypto Industry is a volatile industry, and there is always a lot to learn. With the help of these tools, your work is minimized, and you can easily make important decisions. Although these research tools are extremely helpful in learning about the market and trends, it is advised that one must check the project properly and read the entire whitepaper and not rely on tools blindly. Each of the resources discussed has its own importance and leverage and solves a variety of purposes.
Frequently Asked Questions Q1. Which cryptocurrency research tool can be used for beginners?A1. Cryptocurrency Research tools suitable for beginners include CoinMarketCap, Luna Crush, and CoinGecko as they have a simple and user-friendly interface.
Q2. Which research tool can also provide news?A2. Research tools that also provide news include Lunar Crush, CoinMarketCal, and CoinDance. However, Coin Dance only provides information about Bitcoin, but Lunar Crush and CoinMarketCal make an effort to provide news about everything that is going on in the world of Cryptocurrency.
Q3. Which research tool only focuses on Bitcoin?A3. A research tool that focuses only on Bitcoin is Coindance. This website believes that Bitcoin has the potential to change the world. Furthermore, the users also have access to some of the Bitcoin Community’s best online resources, broken down by category.
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