Key Takeaways
- CoinScan by CryptoHub, backed by $6.3M in funding, offers groundbreaking crypto analysis tools.
- It pioneers pending transaction insights, giving traders a competitive edge.
- Designed for users of all experience levels, CoinScan enhances the cryptocurrency and DeFi experience.
As developments in the crypto-sphere continue, an exciting innovation has come to the surface. CryptoHub, a web3 company in robust development, has unveiled CoinScan, a cryptocurrency analysis tool designed to provide traders with a competitive advantage in the market. The tool will have comprehensive charting and safety functionalities and has officially made it past the stealth mode. Also important to note is that the platform has secured $6.3 million in funding, and there’s more that users need to know.
CoinScan Platform
CoinScan is a flagship product of CryptoHub, and it offers a range of essential features. These include Safety Checks, Holder and Airdrop Analysis, Social Sentiment, Pending Transactions, and Market Navigation. It is interesting to see that the tool is pioneering pending transactions in a user-friendly format.
This makes it the first in the market to offer traders insights into a token’s price movement before it finalizes the transaction, as opposed to waiting for the transaction to complete. With this feature, users get an unprecedented advantage, effectively allowing them to glimpse into the future. Additionally, traders can utilize the platform’s Market Navigation page to explore and compare similar tokens for in-depth analysis before making investment decisions.
The funding of $6.3 million for the tool has been from investors like Shalom MecKenzie, known for their involvement with DraftKings and the publicly-traded company Tectona. The tool has undergone more than two years of development and has recently successfully concluded its beta testing phase. All in all, the core objective of the platform is to enhance the user experience for individuals, regardless of their level of experience, in the realm of cryptocurrency and DeFi.
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