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These are the top 10 crypto research tools for beginner investors in the year 2023

With more than 23,000 cryptocurrencies presently listed on CoinMarketCap, cryptocurrencies have taken the world by storm. Beginner investors are now interested in this. While it may be tempting to enter the cryptocurrency world without enough understanding out of fear of losing out, doing so is perilous in any situation, but it is riskier if you have no concept of how to research and analyze cryptocurrencies.

Top 10 Crypto Research Tools for Beginner Investors in 2023

Crypto research tools can help you lower your risk and improve your chances of keeping ahead of the curve whether you're a novice or have been investing in cryptocurrencies for some time. Here are the top 10 research tools you can use to hone your inquiry before making a cryptocurrency investment.

1. Messari

A cryptocurrency data aggregator called Messari has a tonne of useful tools for chart analysis that help you make smarter trading decisions. You can utilize its screener to tailor your research on different coins using a variety of variables, including volatility, volume, liquidity, and market cap.

2. LunarCrush

Social influencers' purchases of bitcoin and dogecoin caused massive price swings in 2021 and 2022. LunarCrush provides insights into influencers as well as the ability to track the exchanges, influencers, coins, and that is of particular interest to you.

3. Glassnode

Glassnode is an on-chain data and intelligence platform, which means it collects data from multiple blockchains to accurately measure crypto network activity and then reports metrics and insights to investors. Glassnode allows you to investigate market indicators for any coin and see the number of active addresses with successful transactions. The platform also provides price data, as well as the ability to set alerts and download data.

4. Santiment

Santiment is a crypto research tool worth investigating. It is like Glassnode, and provides on-chain, financial data, and social media, on nearly 2,000 cryptocurrencies, allowing you to forecast the price movement of any cryptocurrency. The platform also provides fundamental insights and behavioral reports to help you stay ahead of emerging trends. Furthermore, you can set up alerts on Santiment to receive notifications whenever a coin you're following experiences a surge in social volume.

5. CoinGecko

You've probably heard of CoinMarketCap, but you might not have heard of CoinGecko. CoinGecko is a large data aggregator that tracks cryptocurrency prices by market capitalization.

6. Coin Dance

You might want to check out Coin Dance, a bitcoin research tool with a lot of data. Hash rates, network nodes, fees, block sizes, and mining breakdowns are just a few of the several variables that the platform keeps track of. You may also arrange the information by country to see how widely cryptocurrencies have been adopted.

7. CoinMarketCal

A cryptocurrency calendar called CoinMarketCal keeps you informed of all impending coin-related events. The platform combines community-driven and evidence-based frameworks, allowing users to input crypto events that are then verified. Events that are real receive more upvotes than happenings that appear to be phony.

8. Coin Metrics

To help you make well-informed cryptocurrency decisions, Coin Metrics offers index data, network statistics, market data, and other analysis tools. You may access more than 100 assets and 400+ metrics with the Network Data Pro package, including some that are brand-new to the market, such as free float supply and realized cap.

9. Coinbase One

A recently launched premium trading service for people called Coinbase One is now accepting new subscribers. Even though Messari Pro is not a traditional research tool, customers benefit from features including $0 trading fees, discounted stake rates for yielding assets, round-the-clock phone support, and a 90-day free trial. Free trial subscription for 30 days. The cost is $29.99 per month moving forward.

10. CryptoMiso

Without researching the progress of a certain coin, investing in cryptocurrencies is probably not a good idea because you risk funding a failed venture. Cryptocurrencies are software protocols, thus if they are not developed, maintained, and improved upon, they may eventually expire. As a result, it's critical to monitor the progress of specific crypto initiatives. They are fairly simple to follow on Github, but you can't follow every cryptocurrency individually, which is why you need a cryptocurrency research tool like CryptoMiso.