Unlocking Success: Essential Tools for Mastering Social DeFi Trading

It is a fact Bitcoin is the leader of the crypto world, but Defi is the hottest trend. Those who are missing Bitcoin in the crypto bull run can use Defi and live their dreams. Defi is the type of crypto world that already locked up hundreds of millions of dollars and increasing day by day. If you are not curious about Defi you are again missing. The real problem is how to determine what Defi is, How to play in Defi, and how to make money. In this tutorial, I discuss the social trading platforms that track and record Defi crypto transactions.

AlphaScan

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Did you know Alpha Scan, and why it is useful? This platform provides you market sentiment of tokens you have selected for investment. It is designed to track and monitor the number of mentions of public chain coins and tokens on the X platform. You can find the relevant information for your token which is discussed on the X platform.

This platform also reveals the potential earnings of KOLs, you can use this platform to evaluate the trading potential of crypto-specific bloggers and their communities. With this tool, you can measure the market popularity of crypto assets.

Cielo

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If you are interested in monitoring the top traders, and you want to evaluate overall market insights this tool is suitable for you. This tool also has very helpful features like basic notifications and insights, and you can track other users’ wallets and copy their trades and strategies.

Scopescan

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This tool provides you with comprehensive wallet activity information. This tool formerly known as Watchers is basically an on-chain data analysis platform that gives you a list of projects and tokens ranked by activity and total value locked (TVL). This platform is suitable for those in search of fund flows and smart money signals.

Alphanomics

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If you are interested in uncovering asymmetric investment opportunities and want to track the strategies of the smartest traders and their wallets. This multi-functional service platform is appropriate for your DEX chain analysis in real-time.