In today’s article, we’ll kick things off by looking closer at some essential factors you should know about when trying to understand which coin is going to pump on Binance. From there, we’re going to cover three common challenges associated with crypto trading. After that, we’ll show you how to find out which coin will pump today on Binance with Moralis Money. Lastly, we’ll explore what a Binance pump group is.
If you’re eager to start discovering tokens, then here’s a sneak peek of how easy it is to find safe new coins with increasing buy pressure when using Moralis Money. All we have to do is add the Coin Age, Net Volume, and Security Score filters:
How Do You Know Which Coin is Going to Pump On Binance? Factors to Consider
When it comes to finding which coin will pump today on Binance, there are several important factors to consider. And in this section, we’ll look closer at three prominent examples:
- On-Chain Metrics
- Overall Market Conditions
- Technical Indicators
So, let’s kick things off by taking a closer look at on-chain metrics!
On-Chain Metrics
A blockchain is a type of distributed database or ledger. The ledger is responsible for keeping a clear and transparent record of all network transactions. As soon as a blockchain transaction occurs, it’s processed, approved, and recorded in the distributed database. Consequently, the quickest and easiest way to get data and understand market movements is to look at on-chain metrics!
Studying on-chain metrics and data is generally referred to as blockchain analytics. It’s the process of identifying, accumulating, analyzing, and visualizing public information on blockchain networks. In doing so, it’s possible to gain insight into transactions, user behavior, and other aspects of a blockchain, which can help you understand both current and historical events.
As you can imagine, this immediate and completely unbiased access to real-time data is extremely valuable when trying to determine which coin will pump on Binance, as it lets you stay on top of the market!
Overall Market Conditions
In combination with on-chain metrics, overall market conditions are another important factor to consider. Understanding the state of the market can be a key decider in determining what type of altcoin trading strategy you should apply, as it can influence which coin will pump on Binance.
Overall market conditions are often described in one of two ways:
- Bull Market: A bull market is a time period where a majority of investors are buying, market confidence is high, demand outweighs supply, and prices are rising. As such, if you see prices quickly rising and trending upward, this can be a sign that investors are becoming ”bullish,” which may indicate the start of a bull market.
- Bear Market: Contrarily, a bear market is a period where supply exceeds demand, prices fall, and confidence is low. During these market conditions, the pessimistic investor is ”bearish,” believing prices will continue to drop. Furthermore, in a bear market, it can be substantially more challenging to trade, especially for novice traders.
Technical Indicators
Lastly, the final factor you can consider when trying to determine which coin will pump today on Binance is technical indicators. Technical indicators play an essential role in crypto trading, providing valuable insight into price movements and market trends. These trading tool leverages mathematics and statistics to help traders find market trends and patterns.
Studying technical indicators is often called technical analysis (TA). TA is applicable to any assets with historical data, including stocks, commodities, futures, and, of course, cryptocurrencies. However, TA isn’t the optimal approach for newer coins since it requires historical data.
Traders leverage hundreds of technical indicators to support TA, and here are five prominent examples:
- Relative Strength Index
- Moving Averages
- Aroon Indicator
- Fibonacci Retracement
- Crypto Breakouts
If you’d like to learn more about TA and how it can work in practice, check out our article on the #1 crypto breakout scanner.
Why Can’t People Find the Next Coin That Will Pump Today On Binance? – FOMO, Time Constraints, and Scams
Now that you’re aware of some of the most important factors to consider when trying to find the next coin that will pump on Binance, let’s also explore what’s stopping people from finding the most promising opportunities!
When it comes to cryptocurrency trading, 99% of people generally struggle with one of the following challenges:
- The Fear of Missing Out (FOMO): The crypto market is growing at a rapid rate, and significant new opportunities come and go every day. This presents excellent opportunities for crypto gains; however, it also makes traders feel like they’re missing out on major returns. This induces FOMO, making them trade based on emotion and hype. In doing so, they usually buy at the top, only to see their assets drop shortly after.
- Time Constraints: Crypto never sleeps, and new trading opportunities come and go in a heartbeat. The fast-paced nature of the crypto market makes it challenging for the casual trader to keep up. As such, without proper tools and systems, they generally need to go full-time in crypto to see success, something that not everyone can afford.
- Cryptocurrency Scams: The potential for major gains has, unfortunately, also attracted scammers. As a result, traders always need to be wary about dodging rug pulls and exit scams. And in a fast-moving market, complete due diligence is sometimes a luxury.
So, how can you effectively overcome these challenges and find out which coin will pump today on Binance? Well, the answer to this question is Moralis Money – the ultimate crypto scanner!
The Best and Fastest Way to See Which Coin Will Pump Today On Binance
The quickest and easiest way to find the next coin that will pump today on Binance is to leverage Moralis Money – the industry’s #1 choice among the best blockchain analytics tools!
Moralis Money leverages irrefutable blockchain data in real-time, proving token-related on-chain metrics instantly and in an actionable format. What’s more, Moralis Money integrates trading charts from TradingView featuring hundreds of technical indicators.
Consequently, with Moralis Money, you’re provided everything you need to make accurate predictions regarding which coin will pump today on Binance. And it doesn’t matter if we’re in a bull or bear market!
So, how does it work?
Well, Moralis Money is equipped with three core features, each designed to help you overcome the challenges from the previous section:
- Token Explorer: With Token Explorer, you can pick and choose among 15+ unique on-chain metrics to precisely target the coins you’re after and find them before everyone else. This means you don’t have to FOMO into an opportunity ever again.
- Token Alerts: With Token Alerts, you can set up email notifications to discover and monitor coins, even when you aren’t actively trading. This allows you to overcome the challenges associated with time constraints.
- Token Shield: Token Shield gives you a comprehensive and detailed security evaluation for each coin, allowing you to seamlessly dodge any cryptocurrency scams.
To better help you understand the value of these features, we’ll demo each in a separate section below!
Know Which Coin Will Pump Today On Binance with Token Explorer
To find out which coin will pump today on Binance, we’ll use Moralis Money’s Token Explorer. We’ll break down the process into three straightforward steps:
- Step 1: A good starting point is to look for relatively new coins, as they usually have greater potential to break out within a short timeframe. As such, let’s start by launching Token Explorer, switch to the Binance network, and add the Coin Age metric to filter for coins minted within the past month:
- Step 2: Next, let’s also filter for secure coins with increasing buy pressure. To do so, let’s combine Coin Age with the Security Score and Net Volume metrics. With Security Score, we filter for coins with high DEXT scores. And with Net Volume, we can filter for coins with growing buy pressure over the past week:
- Step 3: Add any additional filters to make your search strategy even more precise.
That’s it; when working with Moralis Money, generating a list of potential altcoin gems doesn’t have to be difficult. From there, continue doing your research on each coin to know if they will pump today on Binance.
You can start your research by visiting each coin’s token page. These pages feature alpha metrics, security information, general information about the token, etc. What’s more, this is also where you’ll find the TradingView charts, allowing you to look at the technical indicators you’re interested in:
Save Time with Token Alerts
With Token Alerts, you can set up email notifications to monitor individual tokens on Binance or the entire market for emerging opportunities!
So, how does this work?
Let’s explore how you can monitor the BNB Smart Chain (BSC) for coins based on the search strategy we created in the previous step:
- Step 1: Start by saving a custom search strategy:
- Step 2: Go to the ”Saved Strategies” tab, locate the strategy in question, and hit the bell button:
- Step 3: Configure the alert and hit ”Start Monitoring”:
After setting up the alert, you’ll now receive frequent emails containing lists of tokens matching your filter. This is what it can look like:
If you’d like to learn more about alerts, check out our guide on how to set up a Binance new listings alert.
Dodge Scams with Token Shield
With Token Shield, you get a detailed security evaluation of all coins. To begin with, you can start to look for the shield symbol attached to each coin. The shield symbol features the coin’s DEXT score, which is used to measure the confidence of a project. The max score is 99, and the lowest is 1. The higher the score, the less likely a coin is to be a scam:
You can also visit each coin’s token page to get a more detailed security breakdown:
Other Ways to Find a Coin That Will Pump – Binance Pump Groups (Be Aware)
Another way to find new coins that will pump on Binance is to become a member of a Binance pump group. But what exactly is a Binance pump group?
A Binance pump group is an organized community aiming to artificially inflate the price of certain cryptocurrencies. The members of a pump group generally collaborate to collectively purchase a particular currency, causing the price to surge rapidly. This sudden price rally attracts other investors to join in, pushing the price even further. And once a price reaches a threshold, members of the Binance pump group quickly sell their holdings, which can cause the price to decline.
While a Binance pump group might act in good faith, not all of them do. Some groups and their members have hidden agendas, making them extremely risky to be a part of. And if you don’t know what to look for, you might fall for a so-called ”pump-and-dump” or exit scam. To avoid this, check out our guide on how to avoid crypto pump and dump scams.
Nevertheless, due to the inherent risks of trusting the recommendations of a Binance pump group, we instead urge you to do your research with an unbiased tool like Moralis Money!
Summary: How to Know Which Coin Will Pump Today On Binance
In today’s article, we looked at three factors to consider when searching for coins that will pump on Binance:
- On-Chain Metrics
- Overall Market Conditions
- Technical Indicators
From there, we demonstrated how to find which coin will pump today on Binance using Moralis Money – the ultimate on-chain trading indicator!
Moralis Money leverages blockchain data in real time, giving you all the token-related on-chain metrics you need. The platform also integrates TradingView charts so you can easily take a closer look at the technical indicators you’re interested in. As such, it has never been easier to find the most undervalued crypto on Binance!
Also, did you know that it’s possible to further boost the power of Moralis Money? All you have to do is sign up for the Moralis Money Pro plan. As a Pro plan user, you get narrower timeframes for all metrics, access to a private Discord server, access to premium education, and much more:
Furthermore, if you’d like to try the Token Explorer feature yourself, check out the interactive widget down below. Create a new search strategy by combining the metrics of your choice. Or use one of Moralis Money’s premade filters:
