Dexscreener

Dexscreener Introduction

We previously introduced the Dexscreener tool on our public account. It has a feature that allows you to discover new token pairs, but with so many options to filter, many beginners may find it a bit cumbersome to use.

It mainly depends on how you use it, so let’s go over some useful tips:

1. Filtering

If you use its filtering feature correctly, you can easily narrow down to the new projects you want to view.

Some important filters to consider include: pair liquidity, FDV (Fully Diluted Valuation), tx counts (transaction count), etc.

For example, if you want to avoid rug-pull projects, filtering out projects that have been inactive for at least 24 hours can be very helpful. If you want to discover potential projects earlier than others, you can set a time frame of 1-2 hours and filter for the minimum number of transactions.

2. Real-Time Trading View

Dexscreener provides a real-time trading view for any token, allowing you to monitor live trades, which is quite handy.

Additionally, you can filter these views to discover trades that interest you. You can filter by minimum and maximum trade values, or use it to track whales and see if they have sold off their positions.

3. Watchlist

Dexscreener has a watchlist tool where you can create different lists and easily track them in the lower-left corner. To create a new list, click on the Watchlist tab and then click “Manage My Lists.” You can create new categories and organize what you’re viewing.

4. Alerts

If you can’t track token prices all day, Dexscreener has a cool alert tool that can notify you when a project reaches a certain price.

You can click the “Alerts” button for any project and specify the price at which you want to be notified. If you want to track significant price fluctuations, you can also set alerts for percentage changes over a specific time period.