‘Crypto of the day’ is an app that makes decision making in the crypto world a little easier. It makes you aware of all you need to know before you plunge into the uncertain waters of the cryptocurrencies and make investments that may or may not bring profit to you.
It’s basically a social media app, but it’s crypto centric, meaning all users are there only for one thing, to understand and invest in cryptocurrencies. You could see which cryptocurrencies have the most potential of growth in the coming days. And since that comes with a lot of risks, it’s important that you check the data before making any decision.
Investing in cryptocurrencies isn’t easy. The market’s volatile, there are so many cryptocurrencies, many exchanges, while the risk is just around the corner. So, when you are stuck with deciding on the investment in crypto, this app is just for you.
How does it Work?
It takes information and statistics from everything published on cryptocurrencies whether it is blogs, videos, news or even posts. It processes all these data inputs and puts forth many reports for you to analyze the market. You could find lists of top currency exchanges, top wallet providers and there’s also a calculator to help you convert cryptocurrencies with fiat currency of your choosing.
It also lets users create profiles and list the cryptocurrencies they think will make a mark in coming days. All users vote or recommend the different cryptocurrencies, and these are then aggregated to find the average and predict the tokens’ upcoming trends. It supports all major cryptocurrencies.
Every cryptocurrency gets a page of its own where all the data related to that crypto is shared. There are charts showing price changes and for different time periods. Current price and market cap are also shown.
Is it beneficial?
Well, since it’s based on market research and peer to peer review and feedback, there’s a high chance that it could benefit you when it comes to making decisions on investing in cryptocurrencies. Bitcoin has shown us recently how quickly tables can turn in crypto industry.
If you have interest in investing in cryptocurrencies and have been trying to find some tangible information on different currencies, you would want to give Crypto of the day a chance, and although there’s nothing certain in these markets, some predictions are always true.
The app is available for Android devices, and you could easily find it in play store.