Make better crypto investments
Valuing and spotting good crypto investment opportunities is difficult. Investing on gut instinct and rumors is risky and inefficient. Yet it’s all too easy to drown yourself in endless metrics, many of which are hard to understand and hard to compare across projects.
Coinrank is a simple and effective system to help discover crypto projects that are likely to outperform. The Coinrank score is made up of three factors - Developer Rank, Social Rank and Fundamental Rank. These ranks incorporate over 50 metrics into simple ranks, normalized from 0-100 (a percentile rank, where 100 is best).
These individual ranks plus the combined Coinrank let you quickly identify and check whether a crypto project is active, whether people are talking about it and whether the fundamentals are good.
The Ranks Explained
Fundamental rank is calculated by analyzing several core value and liquidity metrics including:
- Market Capitalization
- Trading Volume
- Turnover Ratio (volume/market cap)
Exchange Rank (beta)
Exchange rank is calculated by analyzing the number of unique currency pairs (e.g. BTC/USD, BTC/GBP, BTC/ETH etc) offered across all exchanges. Extra points are awarded for the major trusted exchanges like Coinbase, FTX and Binance.
- Unique exchanges supporting the asset
- Currency pairs on trusted exchanges
The Developer rank analyzes the activity on the crypto projects source code repositories (repos). Coinrank analyzes up to 100 repos, sorted by most active. This is more than any other crypto analysis tool known. Key metrics include:
- Commits (weekly/monthly/yearly)
- Lines of code added/subtracted
This is calculated by looking at the social community around the project both in terms of size and activity. Metrics include:
- Reddit subscribers and activity
- Twitter followers and activity
- Telegram users
- Facebook followers
- Website popularity