If just a decade ago, selecting a cryptocurrency to invest in was as easy as ABC because just a couple of them existed, the situation has changed drastically by now. Now, there are thousands of cryptocurrency projects, and all of them have their specifics, benefits, and drawbacks. That’s why choosing something among this immense variety is very challenging. You would have to spend several days or even weeks to learn about those projects that can be more or less promising, and in the end, you still wouldn’t be able to make an informed decision.
Therefore, a tool is needed that would scan the cryptocurrency market for the best projects and arrange them in a preset order. You, from your side, shall be able to filter the projects you are interested in, and check them based on specific parameters. Such tools exist, and there are even some of them. So, here is the best crypto scanner list for your attention.
What Is a Cryptocurrency Screener?
It is a program that scans cryptocurrency projects and arranges them in a specific order. Screeners can classify projects based on:
- Market capitalization
- Volatility rate
- Price
- Daily trading volume, an average value
- Price fluctuation range in % during a specified period, and similar.
So, before you make a SHIB Binance, check whether it is worth doing so right now. You might be surprised if you check all the available information and change your decision.
Now, let’s move to the list of the best crypto screeners.
CoinMarketCap
It is one of the most common crypto-projects screeners for both beginners and professional traders. In this tool, you can find tons of information about the most popular cryptocurrency projects. And if you don’t know yet, you can even create your own portfolio on the website to access even more advanced tools!
CoinGecko
CoinGecko is another popular crypto-project screener. It has been in operation for several years already, and using it is free. There, you can find information about all cryptocurrency projects, and it enables you to filter the available information based on hashing algorithms, supported platforms, and similar. If you want to access a comprehensive information set in one location, this is the right place for you.
LiveCoinWatch
LiveCoinWatch is the first in the world cryptocurrency screening tool to track crypto prices changes in real-time mode. With it, you can monitor your portfolio state 24 hours a day, 7 days a week. The tool pulls prices from all main exchange services within fractions of a second, and delivers them in an easy-to-read form.
Also, it enables traders to follow the coin rank on the market as determined by the token or coin market capitalization.
Messari
This cryptocurrency screener is more suitable for experienced investors who know how to work with cryptocurrency and have impressive crypto portfolios.
Cryptolume
This is one of the best cryptocurrency project scanners for specialists and professional traders. It offers to create a portfolio and has an extensive set of tools to monitor the coins you are interested in.
Conclusion
Now, there are plenty of opportunities and information sources to find whatever you need, especially when it comes to cryptocurrency. Crypto is one of the hottest topics today, and therefore, there are many good projects that might bring significant benefits and those projects that are rather scams and intend to lure out funds from people. Be careful, use all the available resources to make an informed decision, and make sure you know what you are investing in. And of course, do not forget to use top scrypto-screeners to find out all about the leaders in the cryptocurrency market.
