Apr 8, 2021
Finding Gems With Tokemon
In a bull market, finding small cap coins before others can be the difference between a 2x and a 20x. Tokemon collects and calculates real-time and historical information about tokens and helps you find gems before anyone else.
When you first log in you will be greeted by a large table showing all tokens on Uniswap and some information about them (note the columns circled)
While we are constantly adding new measures to help you find gems, the meaning of the current non-obvious columns are
- Liquidity on exchange
- Token reserves on exchange (in ETH too)
- Number of holders of token
- Price change, with respect to the most recent trade of the token, over the preceding 3, 15, and 60 min
- Price change in the last 24H, with respect to the current time and price
- Current price with respect to the previous 24 high and low
- The last trade ‘Updated’ made on this token
- If the token contract is verified
- The token market cap (if known)
- The age of the token (measured in blocks)
Note: If you can not see all the columns listed above on your screen you can manually show or hide them using the small ‘eye’ icon at the top-right of the token table.
The power of Tokemon starts with what you can do with this information. In addition to sorting the table by clicking on the column headers, you can create custom searches which filter the tokens by criteria you can choose. Once you have created a search you like, you can save it for future.
A small list of example searches are included to help familiarize you with this feature.
Token Table Scanning
Once you have created a basic filter to narrow the thousands of tokens down to ones that you are interested in, you can use the in-line quick plots to check the price action and number of holders, and how that has changed in the last hours/days.
Note: if you have hidden any columns, when you click beside the token name in the table, the hidden columns are shown below (see ‘Exchange: UNISWAP’ in the image above).
If you have decided that a token is a good purchase, you can click on the ‘Buy’ button to jump to Uniswap to purchase. If you click on the token name, you will be taken to a more detailed token page.
Advanced Token Analysis
After clicking on the token name from the token table, you will be taken to an advanced analysis page where we display more graphs to understand how and why the price of a token has changed, and if it is a good purchase or not.
$VNTW was a previously undervalued gem. In the figure you can see that its price increased in two large steps through a large number of small buys and many transactions — likely as crypto influencers discovered it.
By understanding the relationship between price, change in holder over time, and transaction rate, you can infer if a token and its holders are holding or buying, at what rate, and if the price was otherwise dominated by larger buys or by smaller ones.
Conclusion
One of the most powerful features of Tokemon is the ability to create custom filters and rapidly scan tokens to find ones which match your risk tolerance. In doing this, you can be early, safe, or anywhere in between, and maximise your profit in Crypto.
Tokemon can be accessed by purchasing $TKMN. The number of tokens you hold determines the features available (https://tokemon.io/ ‘pricing plans’)
In this post we discussed only the token search features of Tokemon, but it can do much more including bot trading, wallet and transaction following, and telegram notifications. For more information:
