DYOR: Simplifying crypto research for everyone

Doing your own research is essential in the world of cryptocurrency. This article will explain why it is important, what it means, how DYOR.ag helps you in your research, how to use it, and the on-chain data metrics you can track.

Let’s start with What it means,

What is DYOR mean:

• It stands for “Do Your Own Research.” It is a phrase commonly used to encourage investors to independently analyze projects. The idea is to gather information and analyze it rather than relying solely on the opinions of others.

Why DYOR? 

In this unpredictable world of cryptocurrency, doing your own research is crucial. Many people invest based on hype or recommendations from others, leading to poor investment decisions. We’ve seen cases where content creators are paid to promote tokens, which then get dumped on retail investors, leaving followers as exit liquidity. By conducting your own research, you gain a better understanding of the projects you are interested in, allowing you to make informed choices. it helps you avoid scams and identify opportunities.

How DYOR is helping you to do your own crypto research:

• DYOR is founded by Hitesh Malviya. it is a free on-chain analytics platform which helps you to do your research. You may think there are many tools to do research why to use this one right but here is answer for it, this tool is free, within 3-5 minutes you will have idea which coin is performing well in which narrative, You can discover the most promising cryptocurrencies with remarkable on-chain growth, You can discover Tokenomics and insight about RWA. The platform is easy to navigate, making it easy for those who may be new to cryptocurrency research. You can add this tool in your research tool. 
• According to Similerweb, DYOR has 14.9K monthly visitors. 

How to use DYOR:

• Visit DYOR’s official website
• Sign up using Gmail, Wallet address whatever you prefer
• To sign up in DYOR you will need a referral code, you can use this: ReAZdR154y
• And done start exploring the platform 

Which on-chain data metrics you can tracks using DYOR

• Price: Shows the current prices of cryptocurrencies.
• Fair price: Fair price is delivered from fair price model
• Total Value Locked (TVL): Measures the total value locked in DeFi protocols.
• Token Trading Volume: Tracks the amount of trading activity for tokens.
• Fees: Indicates the fees generated by blockchain protocols.
• Token Holders: Counts the number of holders of a cryptocurrency.
• Staking ratio: The percentage of total tokens that are being staked in a protocol.
• Daily Active Users (DAUs): Shows the number of users interacting with a protocol daily.
• Circulating Supply: Reflects the number of tokens currently available in the market.
• Total Supply: Indicates the total number of tokens.
• Fully Diluted Market Cap (FDV): Estimates the market cap if all tokens were in circulation.

Alpha Screener

• By using the Alpha Screener, you can quickly spot top-performing coins across different narratives and timeframes. This tool is especially useful for traders looking to capitalize on market momentum and make informed decisions based on data-driven insights.
• ALPHA Index: This index is calculated over a 7-day timeframe, focusing on short-term performance.
• BETA Index: This index looks at a 30-day timeframe, offering a mid-term perspective on performance.
• GAMMA Index: This index is based on a 90-day timeframe, providing a long-term view of how coins are performing.
• You can also explore the Alpha Screener dashboard on Dune analytics. 

RWA:

• This provides insights into Real World Assets projects. You can check this to get data of RWA projects

Tokenomics:

• Tokenomics refers to the economic model of a cryptocurrency, including aspects like supply, distribution, and incentives for users and holders, utility, etc. you will get all data from Tokenomics.

Doing your own research is essential in the cryptocurrency space, and DYOR.ag is a powerful tool to help you with that. DYOR.ag provides on-chain data metrics, including growth metrics, a Fair Price Model, Tokenomics analysis, and real-world assets insights. These insights empower investors to make informed decisions based on data-driven analysis rather than speculation.

Also, you can check this: Polymarket: The leading crypto consumer app enabling borderless prediction markets.

Stay tuned to CoinTopper for more such content!

Disclaimer: At CoinTopper, we like to cover interesting products and share them with our community. This article is for educational purposes only and is not sponsored or endorsed by the project team.