How to ride the rising tide of Meme? These 5 tools are not to be missed

Author: DavidC; Source: Bankless; Compiler: Yvonne, Mars Finance

We are back in the bull market surge.

Token prices can rise quickly, and transaction volume can push the network to market limits, which is unimaginable when the market is not so optimistic.

To trade cryptocurrencies, whether altcoins or meme coins, you have to stay ahead of the curve.

Retail investors need to have the right toolkit to find the right token at the right time to ensure they don’t miss out on opportunities.

In this article, we will outline 5 indispensable tools for readers to use to hunt for coins.

1.Dexscreener

Dexscreener is favored by both novices and OGs. It is currently It has become the platform of choice for altcoin and meme coin hunters.

Dexscreener provides real-time data streaming, users can view data charts every five minutes, and it can discover just-released meme coins in 30 blockchains , and track their dynamics.

In addition, Dexscreener’s iOS and Android apps enable push notifications based on percentage changes, target prices, or price movements over a set time period, meaning This way you can always keep your finger on the pulse of the market. If you want to ride the wave of Solana and Ethereum’s token issuance, or just want to keep your finger on the pulse of DeFi, Dexscreener will be your lifesaver.

2. ArkhamIntelligence

ArkhamIntelligence reveals blocks The often opaque nature of on-chain transactions allows users to peek behind the anonymity curtain.

Arkham has a variety of features that allow users to trade intelligence related to specific wallet addresses, display current/historical holdings of the wallet, and overall profit and loss (PnL).

Whether it is investing or trading, these tools can help traders compile a list of holders with sufficient information to provide a reference for token allocation. Like Dexscreener, Arkham also allows users to enable real-time push notifications to update specific wallets via Telegram, email or even Slack (it’s your choice).

Another great feature of Arkham is the ability to identify the top holders of a coin, giving insight into whether they are experienced on-chain actors (identifiable by use of Ethereum Name Service domains (ENS) or activity as OpenSea users), or to identify if they are just throwaway wallets.

In summary, whether your goal is to discover the next big thing, prevent fraud, or simply track the movements of influential wallets, Arkham’s AI smart platform Both provide a complete set of tools to help you understand the blockchain in depth.

3.Zapper

Zapper brings blockchain to life Transformed into a social media platform that helps you easily browse popular DeFi applications and tokens, veteran DAOs, and NFT collections.

This monitoring can be filtered by network (i.e. Base, Arbitrum, ETH) or some other qualification, including top holders of the token, recent Buy and sell orders or the most profitable traders. This user-friendly interface allows both newbies and veterans to track their digital footprints on the network, while also allowing them to dig deeper, monitor portfolios, and even exchange or bridge assets between EVM chains. Additionally, it is a SocialFi platform that allows creating or entering token chats.

Overall, Zapper views the blockchain as a social network (it is a social network, so to speak), and it lists the information in a familiar, easy-to-read format. There are trending tokens, projects and NFTs to help you keep up with their rapid development.

4. DefiLlama

In almost every day In the changing DeFi space, DefiLlama stands out as a tool to track its movements, monitoring the total value locked (TVL) of all DeFi, blockchains, and dApps built on top of them.

DefiLlama has an easy-to-use database that allows users to get a bird's-eye view of DeFi as a whole and evaluate trends such as stablecoin flows and trading volumes during a specific time period. You can also zoom in on specific ecosystems and protocols to analyze trends, such as the relationship between token prices and TVL or user growth over a specific time period. Additionally, it can track fundraising announcements for new protocols, sorting them by type and backer, helping you with pattern matching.

Whether you are analyzing market capacity, spying on protocol revenue, or tracking venture capital movements, DefiLlama ensures that you have the latest and most comprehensive data at your fingertips.

5.Coingla

ss For those dabbling in crypto For those in the currency derivatives space, Coinglass provides an indispensable resource.

The platform stands out for its comprehensive data on cryptocurrency derivatives, such as futures trading volume, open interest (both of which are often used identify fear or greed in the market), and the very useful BitcoinRainbowChart.

Rainbow charts can help users navigate Bitcoin's volatile market cycles, providing insight into whether the flagship cryptocurrency is currently overbought or underbought, and what actions should be taken as a result. action. As shown in the chart above, it also depicts Bitcoin's decreasing volatility as it matures, giving a sense of where on the chart and at which price Bitcoin may peak this cycle. With Coinglass, you can turn educated guesses into well-thought-out decisions.

Conclusion

In the current bull market, every second and every Satoshi counts. It’s so important that these tools aren’t just conveniences, they’re necessities.

From the real-time tracking of Dexscreener and the market insights of Coinglass, to the sharp analysis of Arkham, the data aggregation of DefiLlama and the familiar format of Zapper, each tool has you covered Adds unique features to your cryptocurrency arsenal.

Whether you are a day trader, a long-term investor, or somewhere in between, taking advantage of these tools can mean the difference in the dynamic world of cryptocurrency. Thriving in the world, not just surviving.