Top Proven Ways to Find New Coins Before They Get Listed on Exchanges

Cryptocurrency millionaires share a common secret – timing. They understand that the inflow of capital into the industry makes opportunities overflow, hence maximizing better returns. 

Finding a cryptocurrency to invest in and make returns besides Bitcoin and Ethereum is challenging. However, a common strategy investors use is to find new coins even before they get listed on exchanges. 

But what are the top proven ways to find these coins? This article highlights how social media, crypto aggregators, launchpads, and several others help new and experienced investors find coins to invest in.

Exploring Blockchains

Ethereum is the most active platform for new blockchain projects, making it a hidden gem for investors looking for new coins or tokens to invest in. Scanning through hundreds of projects on the blockchain can be challenging. However, the combination of artificial intelligence and machine learning has birth efficient tools for this purpose. One such tool is the block explorer Etherscan. It gives you the competitive advantage of exploring the Ethereum blockchain. 

Screenshot: etherscan.io

Other notable tools are decentralized exchange (DEX) data aggregators and  decentralized finance (DeFi) portfolio trackers. These tools help you find the most traded coins with promising returns and monitor on-chain activities to guide you in your investment choices.

Social Media

Social media remains the most effective tool for transmitting information. As a cryptocurrency investor who needs to keep track of the fast-paced industry, social media platforms such as X (formerlyTwitter), Discord, and Telegram could be your go-to hub. 

For instance, social media was instrumental in propelling the news of the launch of TRUMP memecoin on Friday, January 17th and subsequent listing on Binance on January 19th. The memecoin reached a fully diluted valuation (FDV) of $70 billion, making it the 15th largest coin in the market, with President Trump becoming one of the richest men in the world on his inauguration eve.

You can actively find crypto communities on social media to get a handful of information about new and upcoming coins. Turning your notifications on will alert you about trendy developments in the industry that you would not want to miss.

Crypto-Related Websites

With hundreds of crypto-related websites on the internet, you can learn about new coins and possibly invest in them before they get overcrowded. Some of these websites include CoinGecko, CoinMarketCap, TradingView, FXCOINZ, Cointelegraph, and several others. Besides learning about the coin, you may find useful information about the founders, the project the coin/token is built on, and future prospects.

Launchpads

Launchpads represent token sale platforms hosted by exchanges, giving investors the option to earn, stake or buy certain cryptos. Most exchanges require investors to hold their native token (such as Binance Coin) to be able to invest in new coins at a predetermined price. It is worth noting that Binance was the first exchange to champion the idea of launchpads which has become widespread in the industry. With launchpads, investors can buy and hold a coin even before it gets listed.

Screenshot: Binance.com

Bottom Line

One of the key rules of making returns from your crypto investment is entering the market early. Finding new coins to invest in should not be difficult provided you get reliable information from crypto-related websites such as FXCOINZ, follow the trend on social media and crypto communities, use DeFi data aggregators, analyze the market using TradingView or CoinmarketCap, participate in initial exchange offerings (IEOs) or initial coin offerings (ICOs), and explore blockchains.

But remember, a thin line exists between making returns and losing your entire investment. As a new or existing crypto investor, conducting thorough research will save you from losing your money in pump and dump schemes or falling prey to scammers.