Cryptocurrency has continued to become one of the most popular digital currencies across the world. Investors, companies as well as banks, and other financial institutions are highly interested in investing time and millions of dollars in the cryptocurrency market, despite being a highly volatile market. If anyone considers commencing a career in cryptocurrency analysis, the person is required to have a clear understanding of how cryptocurrency works and analyze the process thoroughly without committing any mistake. Since there is a huge demand for cryptocurrency analysis, there are multiple different cryptocurrency analytics platforms for beginners in 2021. Yes, it can be overwhelming to select the best one out of multiple options on the internet. Thus, this article can guide you through some of the top cryptocurrency analytics platforms for beginners in 2021.
Top cryptocurrency analytics platforms for beginners in 2021
Glassnode is one of the most popular cryptocurrency analytics platforms known for an on-chain data and intelligence platform. It consists of a live on-chain data explorer with visualizations of on-chain metrics. There is a comprehensive library of advanced on-chain metrics across a wide range of assets. Glassnode provides meaningful and promising in-depth insights, reports, and cryptocurrency analysis from multiple on-chain data. This analytics platform also consists of high-resolution and more frequently updated charts for analysts to predict the future appropriately.
Coin Metrics is known for its ultimate crypto-asset network data product with CM Network Data Pro for better cryptocurrency analysis. It is a data feed of insightful and aggregate network data metrics for all of the top cryptocurrencies. It has some amazing features for better analysis— real-time frequency, end-of-day frequency, over 300 metrics for more than 100 assets with full history since the network genesis, easy access through REST and WebSocket API with network data visualization tools. More than 300 metrics include supply, economic, usage, miner, novel, and many more by leveraging CoinMetrics' market and network data like MVRV. CoinMetrics provide products such as ATLAS, Network Data Pro, market data feed, reference rates as well as FARUM.
Messari is another cryptocurrency analytics platform that provides reliable data and market intelligence for investors to gain higher ROI with appropriate analysis. It is focused on bringing transparency to the cryptocurrency market by developing cryptocurrency analytics tools to drive smart decision-making processes. It acts as a crypto data aggregator with a screener to sort coin data through multiple customized filters for better understanding.
Santiment provides on-chain, social as well as fundamental insights on more than 1,500 cryptocurrencies available in the global market. This cryptocurrency analytics platform helps to spot forming multiple opportunities as well as identify and monitor highly volatile ventures. There are some useful features for beginners— Sanbase Studio, low-latency alerts, personalized watchlists for preferred cryptocurrencies, social metrics, and screeners with unique market metrics and indicators. There are also exclusive market reports, holder distribution analytics, price-DAA divergence signals as well as custom templates and alphas. It also offers two products known as Sanbase and SanAPI for beginners to understand the complex market better.
eToro is an integrative world's social trading cryptocurrency analytics platform with more than thousands of options for beginners to analyze the market. It ensures safe operations to potential investors with new offerings for diverse investment experience at any place at any time. It is a multi-asset platform with 0% commission and free insurance. It provides an access to over 2,000 different assets including cryptocurrency. There are short, mid as well as long-term investment options for more than 10 million investors across 140 countries.
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.