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How to Research A Crypto Project: As A Beginner

February 6, 2024
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Messari dashboard

How do I find the right information about a cryptocurrency? Well, here is where to go when you start researching

We always get questions at Learning Crypto about projects people are interested in: Where can I buy? What was the all-time high? What's the supply etc.?

This information you can easily find on a few apps and websites. They are a one-stop shop for finding out most things you need about projects in the crypto space. They can then help build up the basis of your research on a project.

These sites are also a great way to ensure you visit a project's legitimate website or wallet address. I will still use one of these sites whenever I want to look at a project's page. I do this rather than use a search engine as it guarantees you are visiting the legitimate page.

Desktop vs App

I've generally found that the desktop versions of the sites are a bit more in-depth and excellent if you want to go deeper into the market. However, if there is an app available, it is usually more than enough for all day-to-day uses, finding the market cap, exchanges projects are on etc.

There are three main sites to use that give an overview of a coin/project before heading into a deeper dive if needed:

Messari.io



Messari.io is a web-based site that provides comprehensive data, metrics and research into projects in the crypto space.

It was founded in 2018 by a previous managing director of CoinDesk.
Messari.io tracks and holds data on over 10000 crypto projects and offers a wide variety of information on them, helping investors in the market carry out research ranging from a quick check of a small piece of information in a project to a deeper dive if needed.

CoinGecko



CoinGecko is a web and app-based project that provides data for over 8000 cryptocurrencies.

It was launched in 2014 and has provided vital metrics and essential market information.

CoinGecko has an attractive User interface and good information, making it a popular site for investors to learn about projects of interest.

Coinmarketcap



Coinmarketcap also provides information about the crypto market. Binance has owned it since 2020, founded in 2013.

The site also tracks all the same standard metrics required by this type of project of market cap, trading volume etc, of over 10000 projects. This is another platform widely used by investors in the market, and its claimed to be the world's most-referenced price and data-tracking website.

Main Site Features.

These sites give overviews/metrics of projects such as circulating supply, all-time high and market cap, to name just a few.



They also all have a market section where you can find where you can buy the asset, although only coin gecko gives the exchanges a trust rating.


I think Messari.io is a level above on the metrics, research and news articles offering specific project update reports quarterly. I think coin gecko and coin market cap try to do something similar with pieces but not to the same level as Messari.

CoinGecko and coin market cap both have a portfolio manager similar to Delta. This will track the holdings you input and tell you your profits, losses, and overall portfolio values.

Summary

The three sites I have listed are all great ways of giving a general overview of projects and information you may need for day-to-day use. Of course, Messari is better for a deep dive, but when you have that simple question of where can I buy that or what was its all-time high, all three of these are brilliant, and you can even have it as an app at the tip of your fingers!

Hopefully, this article has helped you find the information you are searching for in an easier, more efficient way.

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