Moralis Money is a powerful online tool that can help you discover new cryptocurrencies to invest in. If you’re looking to take your cryptocurrency investment game to the next level, Moralis Money is a tool you need to add to your arsenal.
In this article, we will guide you through the steps of using Moralis Money to find undervalued altcoins that have the potential to bring you significant returns.
Step 1: Sign Up and Choose Your Plan
The first step is to sign up for Moralis Money and choose the plan that best suits your needs. There are two plans to choose from: Pro Plan and Enterprise Plan. The Pro Plan offers access to the token explorer, scam analysis, 10 saved queries, and five alerts. The Enterprise Plan provides unlimited saved queries and alerts, access to a private Telegram group, personalized training, institutional research, on-demand chain integrations, on-demand filter creation, API, and SLA. Choose the plan that best suits your needs and budget. There is also a free plan if you just want to see how things work.
Step 2: Navigate to the Dashboard
After signing up and choosing your plan, you’ll be taken to the dashboard. This is where you’ll find all the tools you need to discover undervalued altcoins. You’ll see a list of pre-made filters that you can use to find the best cryptocurrency investments.
Step 3: Use Pre-made Filters
It is recommended to use the pre-made filters that you can find on the homepage dashboard. These filters are a great starting point to find undervalued altcoins. You can use filters such as “Top Coins Ranked by New Buyers This Month” to get a list of coins on Ethereum, Binance, Polygon, and Arbitrum. It will also support Pulsechain when it launches. You can find this filter by selecting the chain in the top right and checking out the list on the left-hand side.
Step 4: Use Advanced Filters
If you’re looking for even more specific information, you can use the advanced filters. These filters allow you to sort by metrics such as coin age, security score, liquidity, holders, buyers, market cap, fully diluted valuation, and experienced buyers. These filters are extremely powerful and can help you find undervalued altcoins that have a high potential for growth.
Step 5: Save Your Queries
You can even save your queries to your account page, making it easy to find your favorite filters. This feature is especially useful if you plan to use the same filters repeatedly. You can save up to 10 queries with the Pro Plan and unlimited queries with the Enterprise Plan.
Step 6: Check the Security Rating
When you find a coin that you’re interested in investing in, it’s important to check the security rating. The green shield icon offers a security score by DEXTools. Green means the project is very likely not a rug pull, yellow is more danger, and red means you need to be very careful.
Step 7: Analyze the Community
Finding the best communities is critical in crypto investing. When you find a coin that you’re interested in investing in, it’s important to analyze the community. This includes looking at the number of holders, experienced buyers, and liquidity. These metrics can help you determine if the coin has a strong community that is likely to drive the price up.
Step 8: Stay Alert
Finally, it’s important to stay alert. With Moralis Money, you can set up alerts for specific metrics and be notified when a coin meets your criteria. This allows you to stay on top of the market and take advantage of new investment opportunities.
In conclusion, Moralis Money is a powerful tool that can help you find undervalued altcoins with a high potential for growth. By following these steps, you can use Moralis Money to discover new investment opportunities