How to Discover Newly Launched Crypto Using Dexscreener

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Cryptocurrency is one of the fastest-growing industries in the world, and new tokens are being launched daily. Some of these tokens may turn out to be the next big project, while others can vanish as quickly as they appeared. If you’re looking to spot early opportunities, Dexscreener is one of the best tools you can use.

Dexscreener is a real-time analytics platform for decentralized exchanges (DEXs) that allows you to monitor, track, and discover tokens across multiple blockchains. With its easy-to-use interface and advanced filters, it has become a go-to platform for traders who want to catch new launches before the rest of the world notices.

In this guide, we’ll break down exactly how to use Dexscreener to discover newly launched crypto tokens, the features you should pay attention to, and the steps you need to follow to avoid missing out on opportunities.

Why Dexscreener is Useful for Discovering New Crypto

Before diving into the step-by-step guide, let’s highlight why Dexscreener is a top choice for crypto hunters:

  • Real-time data: Dexscreener updates every second, showing you live price movements, liquidity, and trading activity.

  • Multi-chain support: It supports popular blockchains like Ethereum, Binance Smart Chain (BSC), Polygon, Arbitrum, Avalanche, Solana, and more.

  • New pairs tracking: You can filter tokens by “new pairs” to see the coins that have just launched.

  • Liquidity and volume filters: Helps you identify whether a project has actual backing or is a potential rug-pull.

  • Custom alerts: You can set alerts to be notified when a new token meets your criteria.

Now, let’s move to the practical steps.

Step-by-Step Guide: How to Discover Newly Launched Tokens with Dexscreener

1. Visit Dexscreener’s Website

  • Go to dexscreener.com.

  • You’ll land on the homepage showing trending pairs and tokens with high volume.

  • The dashboard is intuitive, with tabs for different chains and filters.

2. Navigate to the “New Pairs” Section

This is the most important feature for spotting new tokens.

  • On the left-hand panel, click on “New Pairs.”

  • This will show you tokens that were recently launched on different blockchains.

  • You can choose your preferred chain, for example:

    • Ethereum for ERC-20 tokens.

    • Binance Smart Chain (BSC) for low-cost new launches.

    • Solana or Arbitrum for trending ecosystems.

💡 Tip: BSC is known for having the highest number of new token launches daily, but it also comes with higher risks of scams.

3. Apply Filters to Narrow Down Opportunities

Not all new tokens are worth checking out. This is where filters save you time.

Some useful filters include:

  • Liquidity filter: Set a minimum liquidity threshold (e.g., $50,000) to avoid low-quality projects.

  • Volume filter: Look for tokens that already have some trading volume (e.g., $20,000+ in 24 hours).

  • Market cap filter: If you prefer micro-cap gems, filter tokens with less than $1M market cap.

  • Age filter: Focus on tokens that are only a few minutes or hours old.

4. Analyze the Token Metrics

Once you see a new token, click on it to open its trading chart and metrics. Pay attention to:

  • Liquidity Pool (LP): A healthy liquidity pool reduces the risk of price manipulation. Tokens with less than $10k liquidity are often risky.

  • Market Cap: Shows how big or small the project is. New launches usually have low market caps, but this also means high risk.

  • Volume: Indicates how much trading activity is happening. A token with zero or very low volume might be a dead project.

  • Buy/Sell Ratio: Helps you gauge trader sentiment—are more people buying or selling?

  • Contract Address: Always check the contract address to avoid scams.

5. Verify the Project Outside Dexscreener

While Dexscreener is great for spotting tokens, you need further checks to avoid rug pulls.

Here are steps to verify:

  • Check BSCScan/Etherscan: Search the token contract address to see if it’s verified, and how many holders it has.

  • Audit/Team Transparency: Look for whether the project has been audited or if the team is doxxed (known publicly).

  • Community Presence: Check if the token has an active Telegram, Discord, or Twitter community.

  • Tokenomics: Review total supply, burn mechanism, and developer wallet details.

6. Use the “Trending” Section for Cross-Validation

  • Go to “Trending Pairs” on Dexscreener.

  • If a token appears in both “New Pairs” and starts trending quickly, it may signal growing interest.

  • Compare how quickly the liquidity and volume are increasing.

7. Set Alerts for Newly Launched Tokens

Dexscreener allows you to set alerts so you don’t miss opportunities.

  • Create a watchlist of tokens.

  • Set price, volume, or liquidity alerts.

  • You’ll be notified when your conditions are met, saving you time from constantly refreshing the page.

Key Things to Watch Out for When Hunting New Tokens

Discovering new tokens early can be rewarding, but it also comes with high risks. Keep these in mind:

  • 🚩 Rug Pulls: Developers remove liquidity after hype, leaving investors with worthless tokens.

  • 🚩 Honeypots: Some contracts allow only buying, not selling.

  • 🚩 Fake Volume: Bots can pump volume to make a token look legit.

  • 🚩 No Real Use Case: Many new tokens are meme-based with no utility.

Safety Tips:

  • Always start with a small investment.

  • Never invest money you can’t afford to lose.

  • Use tools like Token Sniffer and GoPlus Security to scan contracts.

Advantages of Using Dexscreener for New Launches

  • Speed: New tokens appear on Dexscreener within seconds of being listed on DEXs.

  • Transparency: You see raw blockchain data—liquidity, volume, and holders.

  • Customization: You can tailor searches to your trading style (low-cap gems, high liquidity projects, etc.).

  • Multi-chain reach: Discover projects on Ethereum, BSC, Polygon, Solana, and more, all in one place.

Final Thoughts

Dexscreener is a powerful tool for discovering newly launched crypto tokens, especially if you want to catch them before they trend. By mastering the New Pairs tab, applying smart filters, analyzing metrics, and verifying projects outside the platform, you increase your chances of finding legitimate opportunities.

However, remember that the world of newly launched tokens is high-risk and high-reward. For every gem you find, there are countless scams and pump-and-dump schemes. Always do your due diligence, manage your risk, and never jump into hype without proper research.

With patience, the right filters, and consistent practice, Dexscreener can become your secret weapon for spotting the next big crypto project before the crowd.

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