Since the launch of Bitcoin in 2009 by Satoshi Nakamoto, many traders and speculators have struggled to find tools that will assist them to analyze the market. Though many bots have been created that are overpriced but, in this article, we will discuss the free tools that are available to everyone at no cost.
Market Cap/Price
The first and most common tool is known as Market capitalization "Market Cap" which refers to the total dollar market value of a company's outstanding shares. The best tool in the cryptocurrency market is (https://coinmarketcap.com) with Alexa rank of 256 which indicates its popularity. Coin Market Cap provides the list of tradeable currencies which includes the Market Cap, Price, 24 hours volume, circulating supply 24hours changes, price graphs, historical data/chart, markets, social media and web links of the currencies. It’s the most important and widely used tools.
Market Research
One of the best free market research tools for cryptocurrencies is "CoinCheckup - https://coincheckup.com". Coincheckup is a cryptocurrency analysis and research platform designed to offer transparent information on each cryptocurrency and investment. They provide Cryptocurrency Analysis, Price Predictions & Investment Stats.
As indicated on their website CoinCheckup was created out of the frustration that the current cryptocurrency market has a serious lack of transparency. They also came up with a standardized cryptocurrency research process for background information and transparency in the market.
Ranking based on Activities
There are many crypto ranking sites including coin market cap but they all use a similar algorithm. One of the newest tools and platform is CryptoMiso (https://www.cryptomiso.com/) which provide a web service ranking cryptocurrency based on the commit history of their most popular Github repository.
CryptoMiso ranking is based on each currency development activities in Github which is the world's largest community of developer’s repo platform. They provide the history of more than 674 cryptocurrencies, point to point graphs, insights, contributors, commitments and watchers. The ranking is based on the project with the highest commitment and contributors which according to them shows the assurance of the company to its project(s).
More tools will be provided as they become available.
