Author: David C, author of Bankless; Translation: Golden Finance xiaozou

We are back to the Wild West of the rising bull market.

Tokens can skyrocket in an instant, and transaction volumes can push the network to market caps, something that would have been unthinkable in less optimistic times.

To trade cryptocurrencies, altcoins and memecoins, you have to stay ahead of the curve.

Retail investors need to have the right tools to find the right token at the right time and make sure they don’t miss out.  

In this article we will introduce 5 indispensable tools that you can add to your coin hunting arsenal.

< /p>

 1, Dexscreener

A coveted tool for newbies and a loyal ally for veterans, Dexscreener has quickly become the platform of choice for those seeking memecoins and altcoins.

Dexscreener’s real-time data stream allows you to check charts at 5-minute intervals. It can discover just-released memecoins in 30 blockchains and track their movements. It is like a Swiss Army Knife. Stand out like that.

In addition, Dexscreener’s iOS and Android apps provide push notifications based on percentage change, price targets, or price movements over a specific time period, keeping users informed of the pulse of the market. If you want to ride the token issuance wave on Solana and Ethereum, or you just want to follow the real-time dynamics of DeFi, then Dexscreener will be your best choice.

2. Arkham Intelligence

Arkham Intelligence is aware that blockchain transactions are often opaque in nature, so it reveals to users what is happening behind anonymous transactions.

Arkham has many features, from an on-chain intelligence market (where users can trade intelligence related to specific wallet addresses) to tools that display current/historical holdings of wallets and their overall Profit and Loss (PnL).

In short, whether you are investing or trading, these tools allow traders to have an effective and informative list of holders to inform your allocation. Like Dexscreener, Arkham also lets you get real-time push notifications to help you understand what’s going on with a specific wallet. The delivery options are Telegram, email, or even Slack – the choice is yours.

Another great feature is its ability to identify large token holders, providing insights into whether they are sophisticated on-chain participants, through their use of the Ethereum Name Service (ENS) or activity as OpenSea users, or whether they are Just a disposable wallet for identification.

Overall, whether you want to spot the next big thing, protect against fraud, or simply track the movements of influential wallets, the Arkham AI intelligence platform provides a full set of tools to help you Gain blockchain insights.

3. Zapper< /h2>

Zapper turns blockchain into a social media platform, helping you easily browse popular DeFi applications and tokens, veteran DAOs, and NFT collections.

Monitoring can be filtered by network (such as Base, Arbitrum, ETH) or other limited conditions, including top token holders, recent buy and sell orders, or the most profitable traders, etc. The user-friendly interface allows newbies and seasoned veterans alike to track digital footprints on the network, while also being able to dig deeper, monitor portfolios, and even trade or bridge assets across the EVM chain. Additionally, it is a SocialFi platform that offers you the ability to create or enter token-gated chats if you so choose.

In summary, it can be said that Zapper treats blockchain as a social network, presenting popular tokens, projects, and NFTs in a familiar, easy-to-understand format to help you keep up with its amazing pace of development .

4. DefiLlama< /h1>

The DeFi world is changing almost every day, and DefiLlama stands out as a tool for tracking DeFi dynamics. It monitors the total value locked (TVL) of all DeFi, blockchains, and dApps built on top of them.

Through an easy-to-use database, DefiLlama allows users to look at the big picture of DeFi and evaluate trends such as stablecoin traffic and transaction volume within specific time frames, while also enabling users to drill down to analyze specific ecosystem and protocol trends, such as How the token reacts to TVL or user growth over time. Additionally, it tracks funding announcements for new protocols, categorizing them by type and investor, helping you with pattern matching.

Whether you are analyzing market size, snooping on protocol revenue, or tracking venture capital trends, DefiLlama ensures that you have the latest and most complete data at your fingertips.

5. Coinglass< /h2>

For those dabbling in the more nuanced world of cryptocurrency derivatives, Coinglass provides an essential resource.

The platform stands out for its ability to provide comprehensive data on cryptocurrency derivatives, such as futures trading volume, open interest (both data are often used to identify whether market sentiment is fear or greed), and the ever-useful Bitcoin Rainbow Chart.

The Bitcoin Rainbow Chart can help users navigate the volatile market cycles of Bitcoin, allowing users to understand whether Bitcoin is currently in a buy-low or buy-high state, and what actions should be taken. As mentioned earlier, it also shows that Bitcoin’s volatility decreases as it matures, giving an idea of ​​where on the chart Bitcoin is likely to peak and at what price during the current cycle. With Coinglass, you can turn blind guesses into calculated decisions.