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Ever wanted to find out the top crypto trends that are coming up before others? So check out KyberSwap’s Trending Soon feature for assistance. Continue reading to find out more.
Check out the Trending Tokens
KyberSwap, a multi-chain Decentralized Exchange (DEX), is the leading aggregator. It’s one of the top places to trade in DeFi and get the highest rates. KyberSwap facilitated US$8B worth of trading volume and was #7 in TVL growth as of March 2022. KyberSwap is distinguished by its unique technology. TrueSight technology analyzes on-chain data and trading volumes to find tokens likely trending in the future.
Investments can be managed to minimize risk while maximising your returns. To build a strong portfolio and increase your chances of gaining, it is important to be aware of the latest trends in cryptocurrency. KyberSwap now offers a powerful feature that allows you to either dive into the cryptocurrency market or diversify your portfolio. You can check it out right here.
Before they Trend 101: Spotting tokens
Investors who were able to invest in bitcoin before it was popular are now extremely rich. With bitcoin and other crypto currencies exploding in price, many people are looking to the next digital currency to make their fortune. The question here is: How do you go about getting rich? Especially if the investor is new in the world of crypto and doesn’t have a clue where to start from.
Choosing tokens that are not right is dangerous as you may lose your entire investment if it crashes. Recent events in the case LUNA have demonstrated this. If you don’t take a risk and stick to blue chips that are performing well, like BTC or ETH, it can be argued that there is a chance this is a safe investment, and it will increase in value – give a good ROI. BTC can rise and reach 50k in the future if it is worth $30,000 now.
DeFi has thousands upon thousands of tokens. But how does an investor make sure they do their due diligence and identify the gems that could yield them great returns early? KyberSwap helps investors do this. KyberSwap helps investors shortlist using automation – using onchain data, trading volumes, and price trends, KyberSwap’sIt’s Trending Soon Tool scans ALL tokens from 11 chains in order to filter out the top 50.
One word of warning: the tool can only be used as an aid and supplement to investors. Investors should conduct their own research to find other projects that interest them. As part of due diligence, research by going to the project’s website to look at their team, roadmap and whitepaper, and any announcements related to the projects of interest. Complimentary tools like KyberSwap’s Pro Trading Tools and LunarCrash can be used to do a technical analysis to see whether the token(s) are getting a lot of attention online; this will help the potential investors to make an informed decision regarding their investments.
KyberSwap is a platform that allows cryptocurrency investors to purchase their desired tokens. BNB, AVAX and Polygon can purchase their tokens at great rates.
How to Use KyberSwap’s Trending Soon Feature
KyberSwap allows you to quickly and efficiently check and trade on the same platform. This new feature allows traders to view trending tokens via KyberSwap instead. ‘Discover’ page. You can view the tokens on this page by splitting it into tabs. CurrentAnd It’s Trending Soon – breaking into the market with high potential.
Trending tab tokens are calculated from the most current trending data available. These data can be gleaned through top data aggregators. Tokens displayed under Trending Soon are detected based on KyberSwap’s trend detection algorithm, using trading volume, price, market cap, and other on-chain data. Although these tokens are not trending right now, they could soon.
Take a look at It’s Trending Soon You can trade effectively and efficiently without ever leaving. KyberSwap!
For the most recent rewards information from KyberSwap visit KyberSwap Official Channel:
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