There have been times when cryptocurrencies have not been taken seriously, flowing somewhere out the back door of Big Finance. Ten years later, everyone is talking about cryptocurrencies! Additionally, many startups use cryptographic technologies and advancements to their advantage. You can tell the place cryptocurrencies occupy in the modern financial infrastructure by looking at their prices and growth. If you were to invest $ 10 in Bitcoin around 2010, when 1 BTC was trading for $ 0.0008, in 2022, you would have a whopping 12,500 BTC coins that can be converted into a staggering $ 251,897,500 (almost two hundred and fifty two billion)!
No wonder everyone is talking about cryptocurrency these days. And for now, there are tons of different cryptocurrencies available for trading. They all have different prices, different technologies behind them, and different purposes. As you can see, finding a new cryptocurrency to invest in can be quite difficult due to the huge saturation of the cryptocurrency market.
So where to find new cryptocurrencies and, above all, what to look for? This article will guide you to the most accessible new cryptocurrency sources.
Where to find new cryptocurrencies? When you are just starting out in the world of cryptocurrencies, many things can be confusing. No quantifiable and defined parameter makes a certain coin or token reliable or stable. The market has cryptocurrencies with high liquidity and a good name and a history of fraud or severe price drops.
Should I dissuade you from investing in cryptocurrencies?
We think it shouldn't: where there are challenges, there are opportunities too. Having some crypto assets in your portfolio is a great way to make it more diversified. Furthermore, the volatility of cryptocurrency prices can be very profitable if you are familiar with trading strategies.
So when can you learn about the new emerging cryptocurrencies on the market? There are several categories of sources - this classification will allow you to make your search more convenient. These categories are cryptocurrency exchange platforms; social media feeds, several DeFi platforms and NFT (non-fungible token) markets. Well, check out each of these groups later in the article.
Let's start by looking at the most logical place to look for new coin lists - cryptocurrency exchanges where all of these coins and tokens are listed. Insertion of tokens on the P2B platform
To be known to a wider community of traders and to prove their liquidity, tokens must be listed on certain exchanges. Most new tokens from projects under development end up on Tier 2 cryptocurrency exchanges. P2B is a Tier 2 cryptocurrency exchange platform welcoming promising cryptocurrencies to the token list. For traders, we make sure the tokens we list have sufficient liquidity to survive in the volatile market, and for crypto project teams we offer top-notch listing services. Listing tokens on P2B is simple - all the project team has to do to request a cryptocurrency quote is to leave a quote request. So make an appointment to get to know us and get to know the project itself: what is its purpose, what are the technologies used and what is its crowdfunding history? Once we have determined that the crypto project is eligible for listing, we help your team with every step of the preparation, including auditing.
We usually release new coins in three days or so; it depends on the technology used and the amount of work required. We also don't stop support once the token is listed. Instead, we provide marketing and market making services essential to the growth of the value of any cryptocurrency. Our community is loyal, active, and invested in discovering new tokens to invest in, so working with P2B is worth every promising crypto token we list in our crypto quote exchange.
Cryptocurrency exchanges
What about other cryptocurrency exchange platforms? They also have their own tab groups in the list. It is always better to have an account with a certain cryptocurrency exchange platform to get better access to the new listings. Also, be aware that larger exchanges (e.g. Tier 1 exchanges like Binance) list more advanced tokens, but the competition between them on the platform is greater.
You can search for new cryptocurrencies on both centralized and decentralized exchanges. For example, P2B is a centralized exchange; with this in mind, they are responsible for the validity of the tokens they list because the platform, in this case, acts as a conductor of the transactions.
On the other hand, it has decentralized cryptocurrency exchanges. They allow easier trading directly from user to user, but cannot guarantee security against fraud. All they do is provide a platform for trading, taking their commission from each transaction. It is always your choice to opt for centralized or decentralized exchanges.
Both are great for discovering new cryptocurrencies, although you can usually get these lists via email updates or directly on the cryptoex. You can also take a look at some data aggregators. Some of them can act as a cryptocurrency exchange platform, but their most important function is to collect and analyze data from different exchanges and provide up-to-date information on each cryptocurrency.
You can choose data aggregators as a starting point when searching for new cryptocurrencies.
Social networks
Out of all the social media platforms, two of them are the best for looking for new emerging cryptocurrencies. On Twitter, you can follow updates from different cryptocurrency exchange platforms or analytics - they always have up-to-date information on new emerging cryptocurrencies. Additionally, you may notice public speculation on certain cryptocurrencies; it is also a good way to determine if they are being given enough attention or not.
Once you've created a feed that has enough updates from different blogs, analytics, and cryptocurrency exchanges, you're in the thick of things. This is a great opportunity to get a better view of the cryptocurrency market and find promising new coins and tokens. Another great option to be among the first to discover new cryptocurrencies is to be a member of the cryptocurrency chats and channels on Telegram. There are many - most of them have their own industry analysis and insights, giving you a better understanding of the cryptocurrency market. And of course, the cryptocurrency related Telegram channels and chats have all the latest news on new cryptocurrency listings, launches and developments.
DeFi platforms
Turning to DeFi platforms, you will find that they work very well as a news source for new cryptocurrencies entering the market. Decentralized financial platforms function like any other cryptocurrency market, except for the use of smart contracts to execute transactions, which adds a new level of security for traders.
The key point of DeFi platforms in this case is that they hold their own tokens to facilitate transactions. And with a relatively small community they might have, you won't have a problem being among the first to know about a new token.
There are many decentralized financial platforms - you can easily find their names on the internet or alternatively use the advice of other traders (this is also where Telegram chats on cryptocurrencies can come in handy). Non-fungible token markets (NFT).
Non-fungible tokens, or NFTs, are all the rage right now. Each NFT is a unique digital asset that has been converted into a token form. Basically, an NFT image or other object is linked to a unique cryptographic sequence that is stored on the blockchain, making the token truly unique.
Additionally, non-fungible tokens are entering the Metaverse, which only increases its value, as the Metaverse appears to be a promising future technology. With this in mind, the NFT markets are booming with all the new tokens. This is where you can not only discover a promising new crypto project, but also learn about the upcoming ones, as these markets often promote tokens before they are listed. The first step to successfully trading cryptocurrencies is to find suitable sources of information. If you stay informed, you have the brilliant advantage of being one of the first to seize the opportunity and trade cryptocurrencies. We suggest you use multiple sources of cryptographic information to get a bigger picture. It won't hurt to have relevant Twitter and Telegram feeds with all the updates and accounts on different exchanges, data aggregators and NFT markets - the more sources you have, the more benefits you have for yourself.