To kick things off, we’ll start with a brief overview of how to scan the market with Moralis Money if you’re eager to get going. From there, we’ll look at what a crypto quick scanner actually is. Next, we’re going to explore four features every crypto market scanner must have. We’ll then cover the challenges these tools solve. Lastly, we’ll return to Moralis Money for a deep dive into the #1 crypto quick scanner!
The Quickest, Best, and Free Crypto Market Scanner
Moralis Money is an industry-leading crypto quick scanner. It leverages on-chain data in real time, giving you true market alpha. As such, when working with Moralis Money, it has never been easier to find up-and-coming crypto before sites like CoinGecko, cryptocurrency whales, and the masses!
So, how does Moralis Money work?
With Moralis Money’s crypto quick scanner feature, Token Explorer, you can combine 20+ parameters and metrics to create your own unique search strategies. In doing so, you can target unique tokens you’re after and find them before they break out to maximize your gains!
To illustrate how this works, let’s show you how to find secure low-market-cap coins with growing buy pressure. And to do so, we can simply launch Token Explorer and combine the Market Cap, Security Score, and Net Volume metrics:
This generates a comprehensive list of tokens matching the metrics you specified. When working with Moralis Money, finding new exciting investment opportunities doesn’t have to be more complex than that!
If you’d like to try out the crypto quick scanner yourself, you can now do so for free. Use the interactive widget at the bottom of this article and combine the metrics of your choice. Or add one of the pre-made strategies for a quick start!
What is a Crypto Quick Scanner?
The crypto space is vast, and it continues to expand at a rapid rate. At the moment, there are multiple prominent blockchain networks, hundreds of exchanges, and thousands of cryptocurrencies.
The incredible size of the market – in combination with its ever-changing nature – makes it challenging for traders to properly monitor the price, volume, and other indicators for all emerging tokens.
Fortunately, this is where crypto quick scanners enter the equation!
But what exactly is a crypto quick scanner? And how do they work?
A crypto quick scanner – also often referred to as a crypto market scanner – is a tool savvy traders leverage to find new and exciting altcoin opportunities. Furthermore, with a crypto quick scanner, you can streamline your search process to sort through thousands of projects and cryptocurrencies in a heartbeat based on specific criteria. In doing so, you can target precisely the tokens you’re after without having to sift through the entire market.
A crypto quick scanner usually allows you to search based on parameters such as price, trading volume, market cap, liquidity, the number of holders, etc. What’s more, the best market scanners even cover changes in these metrics over time, giving you valuable insight into how assets perform.
In summary, a crypto quick scanner makes it significantly easier to sort through the vast cryptocurrency market based on various search parameters. And with the help of a market scanner, you can spot promising investment opportunities in the blink of an eye!
How Does a Crypto Market Scanner Work?
Crypto market scanners query exchanges and various blockchain networks, accumulating on-chain data and presenting it to you in an understandable and readable format. You can then use a scanner’s explorer function to sift through this data based on unique search parameters to narrow the scope of the market to the coins you’re interested in. As such, with the click of a few buttons, you lower the number of potential altcoins from thousands to hundreds or even just a couple.
This allows you to save vast amounts of time since you don’t have to narrow the scope manually. What’s more, since crypto market scanners like Moralis Money leverage blockchain data, you get irrefutable information straight from the source. And this is the quickest and most reliable way to make informed investment decisions.
Now, with an overview of what a crypto quick scanner is and how it works, let’s explore some core features every scanner should have!
What Makes a Good Crypto Quick Scanner for On-Chain Market Data?
There are multiple crypto market scanners available, and you might be asking yourself, “How do I pick the right one for me?” Choosing the right crypto quick scanner can be quite an individual process and vary from trader to trader. However, to help in this endeavor, we have identified four key features every good crypto quick scanner should have:
Explorer
A token explorer is the most essential feature of any good crypto quick scanner. However, this is quite self-explanatory since a tool, by definition, wouldn’t be called a crypto market scanner in the first place if it didn’t feature an explorer!
But what is an explorer?
The explorer feature of a crypto quick scanner is what allows you to search and analyze tokens based on unique parameters. All crypto market scanners have one, but they usually provide different filters, which is partly what makes them unique.
In addition to the filters, you also need to consider the scope of the explorer. For instance, does it cover multiple blockchain networks? How many tokens are featured? Also, does it provides premade search queries to quickly scan the market? And does it allow you to save search queries, so you can easily scan the market ASAP? And so on.
All in all, when looking for a crypto quick scanner, make sure that the filters and the scope fit your needs as a cryptocurrency trader!
Alerts
In combination with a token explorer, you might also want to consider a crypto quick scanner with an alerts feature. The best market scanners let you set up alerts based on your preferences and filters. And in doing so, you can monitor the market and individual tokens for emerging opportunities, even when you aren’t actively trading.
Security
The crypto market has grown rapidly, and it has, unfortunately, attracted a lot of scammers. And the best crypto market scanners can help you avoid potential scam coins. Consequently, you might want to go for a crypto quick scanner with security features. This will allow you to effortlessly remove fraudulent coins while sorting through the market for gems.
Why Do You Need a Proper Crypto Quick Scanner?
”Hey, did you miss out on Shiba Inu? Everyone made a fortune on this meme coin.” Is this something you’ve heard lately? Many of us have, and it is something every investor dreads. This feeling is referred to as FOMO, and it makes people trade emotionally. In doing so, they buy based on hype at the top, only to see their assets drop in price shortly after.
What’s more, crypto never sleeps, and new opportunities come and go every day. Without the proper tools and going full-time in crypto, keeping track of all the most promising altcoin opportunities is impossible.
Additionally, the immense potential for gains has, unfortunately, attracted scammers. As such, traders must continuously be wary of rug pulls and exit scams.
So, how are you supposed to deal with the FOMO, time constraints, and scam challenges? Well, this is precisely where a crypto quick scanner like Moralis Money enters the equation!
How to Use the Best Crypto Quick Scanner to Scan for Cryptocurrency
Moralis Money is the premier crypto quick scanner. But what makes it the best in the business?
Well, Moralis Money is equipped with all the functionality that makes for a good crypto quick scanner. What’s more, its features are specially designed to help you overcome the FOMO, time constraint, and scam challenges:
- Token Explorer: With Token Explorer, you can pick and choose between 20+ parameters to create unique search strategies. In doing so, you can target the coins you’re after and find them before everyone else to avoid crypto FOMO.
- Token Alerts: The Token Alerts feature lets you set up email notifications to monitor the market and individual tokens alike. This means you can seamlessly overcome the time constraint challenge as you can find new opportunities even when you aren’t actively trading.
- Token Shield: Token Shield gives you a comprehensive security evaluation for all coins, allowing you to dodge scams without any trouble.
This combination of features makes Moralis Money the best crypto quick scanner and the ultimate one-stop tool for traders!
Nevertheless, let’s dive into these four features showing you how they work in practice!
Use Moralis Money’s Crypto Market Scanner
To illustrate the power of Moralis Money’s crypto market scanner, we’ll show you how to find low-market-cap coins with a high security score and growing buy pressure in three straightforward steps:
- Step 1: Add the Market Cap metric to find coins with a relatively low market cap:
- Step 2: Combine Market Cap with Security Score and Net Volume. With Security Score, it’s possible to filter for coins with a high DEXT score. And with Net Volume, the search will only include coins with growing buy pressure:
- Step 3: Combine the three filters above with your preferred metrics to make the search strategy even more unique.
That’s how easy it is to generate a list of potential altcoin gems when working with the #1 crypto quick scanner. From here, you can look through the dynamic list of tokens to find the right investment opportunities for you!
Set Up Notifications with Token Alerts
In this section, we’ll show you how to set up an alert to monitor the market based on the strategy from the previous section. And to do so, go ahead and save your search strategy:
From there, head to the ”Saved Strategies” tab, hit the bell button for the strategy in question, add the required info, and hit ”Start Monitoring”:
As a result, you’ll receive emails at frequent intervals containing lists of tokens that have recently come to match your filter. Here’s an example of what it might look like:
Also, if you’d like to learn how to monitor individual tokens, check out our guide on crypto price alerts!
Dodge Scams with Token Shield
Token Shield provides a comprehensive security evaluation for all coins. Consequently, with this feature, you can effortlessly dodge cryptocurrency exit scams and rug pulls.
For a quick evaluation, look for the shield symbol attached to each coin:
The number on each shield is a DEXT score, which is used to measure the confidence of a project. The higher the number, the less likely a coin is to be a scam.
You can also visit each coin’s token page for a more comprehensive security analysis:
If you’d like to learn more about Token Shield and how it works, check out our article on how to avoid crypto pump-and-dump scams!
The Difference Between a Paid and Free Crypto Market Scanner
While you can use most of the core features of Moralis Money entirely for free, you should also know that you can supercharge each tool by subscribing to the Pro plan. With the Moralis Money Pro plan, you get a bunch of advantages so you can maximize your gains. Below, you’ll find three prime examples:
- Private Discord: As a Moralis Money Pro plan user, you get access to a private Discord server. This means you can become part of a vibrant community of like-minded traders.
- Ten Alerts: Pro plan users can save up to ten alerts.
- Ten Strategies: By subscribing to the Pro plan, you can also save up to ten strategies, keeping all your favorite filters only a click away.
- Premium Education: As a Pro member, you get access to premium education, and you can learn how to maximize your trading!
In addition to the benefits above, you get access to whale scans, narrower timeframes for all search metrics, and much more:
So, remember to subscribe to the Moralis Money Pro plan today if you’d like to start trading like a pro!
Summary: How to Scan the Market Using the Best Crypto Quick Scanner
In today’s article, we explored the ins and outs of the best crypto quick scanner: Moralis Money. In doing so, we learned that this tool is equipped with four central features:
- Token Explorer: Token Explorer lets you combine 20+ parameters to create unique search strategies. As such, with this feature, you can effortlessly sift through the market for the most undervalued crypto.
- Token Alerts: With Token Alerts, you can set up email notifications to monitor the entire market and individual tokens alike.
- Token Shield: Token Shield gives you a comprehensive security evaluation for each coin, protecting you from cryptocurrency scams.
These three core features of Moralis Money make it the ultimate crypto quick scanner and a perfect one-stop shop for all traders!
Also, remember that you can supercharge these features by subscribing to the Moralis Money Pro plan. This will give you access to a private Discord server, premium education, narrower timeframes for all search parameters, and much more:
Furthermore, if you liked this tutorial and want more awesome content, check out the Moralis Money blog further. For instance, read about crypto portfolio management and learn why you should start monitoring your wallet!
