Let Xiaoxian share with you five free and practical data research tools for watching the market
Many people already know DeFiLlama and Etherscan. In order to outperform the market, you need a tool to give yourself a competitive advantage.
1. Artemis-Monitor L1 Data
Artemis allows you to monitor:
Developer activity on large chains;
How many addresses interact with DApps;
How much the number of daily transactions on the chain changes over time.
I use Artemis to discover which chains are most popular among developers.
2. CoinMarketCal-Crypto Asset Calendar
On CoinMarketCal, you can find some of the most important things in cryptocurrency. From conferences and AMAs to new product launches, there is everything.
You can also sort all these events by date and importance.
3. ScopeProtocol-Monitor Whale Wallets
The best free alternative to Nansen. With Scope, you can see what whales and VCs are doing in real time.
For those interested in monitoring hacker activity, Scope also provides a dashboard.
4. Cryptowatch
This is a great tool for DeFi "farmers". I often use it to determine the correlation between 2 tokens.
When you provide liquidity, the impermanent loss depends on how much the price of the asset you deposit changes.
High correlation -> lower impermanent loss.
5. ExponentialDeFi
An investment platform that simplifies the process of finding income opportunities.
There are already many applications that can do this, but Exponential also provides a risk assessment for each opportunity. More importantly, it shows where the income comes from.
These five cryptocurrency data research tools have their own advantages and are easy to use. I hope they can help everyone get rich~ Follow Xiaoxian and don’t get lost! If you like to play with fresh goods and Yue, come to me and help you achieve wealth freedom as soon as possible in 2024! !
