Moralis Money is a free tool that allows traders and investors to find altcoins that are gaining traction before they are added to major coin lists. One of the key features of Moralis Money is its powerful filtering system that allows users to customize their search based on various metrics. By using these filters, traders can narrow down the vast sea of altcoins and focus on the ones that meet their criteria.
One of the most useful filters available on Moralis Money is the “Coin Age” filter. This filter measures the time since the coin was minted. Traders who are interested in investing in newer coins may find this filter useful as it allows them to identify coins that are in their early stages of development. By doing so, traders can take advantage of potential price increases as the coin gains more popularity and adoption.
Another important filter is the “Buyers” filter. This filter measures how many new addresses have bought the coin during the specified time-frame. Moralis Money considers any address that has zero coins and uses a DEX to buy some coins during the specified time-frame as a buyer. This filter is useful for identifying coins that are gaining momentum as it shows that new investors are buying into the coin.
The “Experienced Buyers” filter is similar to the “Buyers” filter but with an additional requirement. In order to be counted as an experienced buyer, the address must have at least 100 outgoing transactions. This filter is useful for identifying coins that are being traded frequently by experienced investors. By focusing on coins with a high number of experienced buyers, traders can potentially identify coins that are more likely to increase in value over time.
Another important filter is the “Liquidity” filter. This filter measures how much liquidity changed during the specified time-frame. Liquidity is the amount of coins available for trading, and a high liquidity ensures that traders can easily buy and sell the coin without affecting its price too much. This filter is useful for identifying coins with a high level of liquidity, which is essential for traders who need to enter and exit trades quickly.
Finally, the “Holders” filter measures how much holders changed during the specified time-frame. This filter is useful for identifying coins that have a loyal following and are being held by long-term investors. Traders who are looking for coins with strong fundamentals and a solid community may find this filter useful.
In conclusion, Moralis Money is a powerful tool for traders and investors looking to identify promising altcoins before they appear on major coin lists. By using the various filters available on Moralis Money, traders can narrow down the vast selection of altcoins and focus on the ones that meet their criteria. Whether you are looking for new coins with high potential or established coins with a loyal following, Moralis Money’s filtering system can help you find the right coins for your investment strategy.