The cryptocurrency market has exploded in the last few years, and that's made it more difficult for anyone to stay on top of what’s happening in the market.
If you want to be the first to know about new blockchain technologies and projects, you should be on a lookout for new cryptocurrencies and initial coin offerings. A select few coins will make it to the top of the market, but they'll undergo instability as they start.
Below are the top four resources any keen investor or tech enthusiast must use keep in touch with the industry.
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You might already know of CoinMarketCap as a financial analytics tool for coin value and total market cap. However, CoinMarketCap has a hidden Recently Added section, where the latest coins added to the site can be seen.
You won’t see initial coin offerings on this list, but it will help you find currencies which have actual circulating supply. Each currency comes with valuable valuation estimates, giving you the information you need to buy at a fair price and make comparisons with other coins.
The site has a number of simple requirements before a coin can be listed, including a non-zero trading volume and the listing of the coin on a major exchange. This ensures that each coin on the site has a market you can enter.
Be wary that whilst CoinMarketCap might help you find genuine coins, the site never excludes requests, even if they’re likely to be a scam. Their stance is that their role is to “provide the best tools for you to make your own conclusions”, so make sure you still do your research on the legitimacy of the coins you’re looking at.
The Bitcoin Talk forums originate from the humble beginnings of Bitcoin in 2009 and has remained the go-to for blockchain discussion since.
On the altcoin announcement sub-forum, you’ll be able to keep a track of all the key points of discussions around new coins and altcoin updates. These extensive threads should provide you a variety of opinions from other users, and get you going in the right direction. You can be sure that any big launch will be thoroughly discussed, as the users don’t hesitate in sharing their opinion and speculation.
Further, make sure not to miss out on the token sub-forum, which can be accessed by pressing the link at the top of the announcements page.
Tokens take advantage of the sidechain functionality and developer API’s provided by some major coins, such as Ethereum and Lisk. It extends the existing currency into a similar, separate copy of the coin to be used for another purpose. As tokens mostly just behave like regular cryptocurrencies, you should definitely keep an eye on them.
ICO Alert hits the mark in their description of themselves as the “only comprehensive calendar of upcoming ICO’s”. With a list that stretches over a month in advance, it’s nearly impossible to miss upcoming coins.
The site provides you with the ICO dates and just enough of a description to understand its purpose. If one sparks your interest, their new portfolio tool lets you track the ICO as it progresses through the various stages.
Reddit is a community managed aggregated news site that you’ve probably stumbled upon before if you’re keen on crypto.
Three subreddits, /r/altcoin, /r/ico and /r/icocrypto are worth subscribing to for altcoin information. You’ll find a diverse mix of altcoin opinion, announcements and news posts between them.
Unfortunately, all three are fairly small and are prone to vote manipulation. Vendors selling vote manipulation services have even admitted to ‘pumping’ altcoins by providing fake positive feedback on coins.
If this concerns you, the more general subreddit /r/CryptoCurrency might suit you better, as the larger community makes it harder to illegitimately push posts to the top.