Nomics Crypto Tracker Alternative as Nomics.com Shuts Down

After almost five years in operation, the Nomics crypto tracker shut down on April 4, 2023. Even though Nomics.com ultimately decided to shut down, that doesn’t mean their platform wasn’t popular — Nomics was one of the biggest sites in the crypto price tracking sector.

The Nomics crypto shutdown has led its large community of users to look for alternatives. Thankfully, there’s quite a bit of competition in this sector, so there’s plenty of Nomics alternatives to choose from.

In this article, we’ll compare the features of Nomics and CoinCodex so you can decide whether the CoinCodex crypto tracker is a suitable alternative. Before that, let’s learn just a little bit more about what happened to Nomics.

Why did Nomics shut down?

The decision by the Nomics team to shut down their platform came as a surprise to many of its users, as well as the cryptocurrency industry more broadly. On April 4, 2023, the platform’s website, which was packed with all kinds of crypto data before, was updated to simply display a message saying that Nomics.com was shutting down.

The team did not provide a reason for why they were sunsetting their platform. The Nomics official Twitter account does not mention the shutdown at all. The account hasn’t published any messages since March 23, 2022. As of May 24, 2023, Nomics co-founder and CEO Clay Collins hasn’t mentioned the topic of the platform shutting down despite still being active on Twitter.

So, it’s currently unclear why Nomics shut down. According to SimilarWeb data, the platform was ranked at around #20,850 in terms of US web traffic as of March 2023, which is certainly a respectable ranking for a crypto tracker.   

Nomics crypto tracker alternative — Feature comparison with CoinCodex

Regardless of the underlying reasons for the shut down of Nomics, the platform’s userbase is now looking for alternatives. 

In this article, we’ll compare the features of Nomics and CoinCodex to help you decide if CoinCodex is a good alternative for Nomics. Here’s a quick rundown of the most interesting features offered by CoinCodex:

• Check prices with user-friendly price charts or export historical data
• Create your own portfolio to easily track the performance of your crypto holdings
• Track all kinds of token sales, including IEOs, ICOs, IDOs, parachain auctions and more
• Quickly find interesting cryptocurrencies using the Trending, Undervalued and Gainers sections
• Access price predictions for a period of up to 1 year, as well as a host of technical indicators
• iOS and Android mobile app featuring seamless account integration with the CoinCodex web platform
• Set up alerts to be instantly notified when a cryptocurrency reaches a specified price

Number of listed cryptocurrencies

One of the claims to fame of the Nomics platform was that it listed more cryptocurrencies than any other crypto tracker. Per a March 15, 2023 version of the website accessed through the Internet Archive’s Wayback Machine, Nomics listed more than 72,000 different cryptocurrencies. 

At the moment, CoinCodex lists about 24,700 different cryptocurrencies. While this doesn’t quite match up with the number of coins that was listed on Nomics, you’ll be able to find price data for practically any actively traded and relevant cryptocurrency on CoinCodex.

Crypto portfolio tracking

One of the most common uses for crypto tracking platforms like CoinCodex and Nomics is crypto portfolio tracking. CoinCodex provides a crypto portfolio feature where you can input which cryptocurrencies you own and the respective amounts. After you’re done, you can track the performance of your cryptocurrency holdings with a single click. 

Similarly to the feature that was offered by Nomics, CoinCodex also provides an intuitive portfolio tracking that makes it very easy to quickly check how your crypto investments are doing and which are your best and worst crypto performers.

Crypto price predictions

Nomics offered crypto price predictions for a period of up to 7 days. Meanwhile, CoinCodex offers cryptocurrency price predictions for a period of up to 1 year. 

Nomics predictions were based on artificial intelligence and machine learning. The price predictions on CoinCodex are based on a simpler algorithm. However, CoinCodex does provide a lot of additional data that helps users make an informed forecast on where the market is heading next.

On CoinCodex, you can quickly check what key technical indicators like moving averages, RSI and MACD are signaling for any given cryptocurrency. For any crypto, you can also check its most correlated cryptocurrencies. 

Mobile app

Nomics offered a mobile app, although it doesn’t appear to have been widely used or well received. According to Google Play, the Nomics app for Android had 10,000+ installs. The reviews for the app are quite mediocre, as it only had an average rating of 3 out of 5.

Meanwhile, the CoinCodex mobile app is available on both the iOS and Android mobile operating systems. The app has seen almost 1 million installs across both platforms, and has a 4.2 rating on the App Store and a 4.0 rating across 5,400 reviews on Google Play.

The CoinCodex mobile app offers most of the features that are available on the desktop platform. If you have a CoinCodex account, your portfolio, watchlist and alerts will be automatically synced between the mobile app and desktop version. 

Get the CoinCodex mobile app

Token sale data

The Nomics platform did not provide data on token sales. Meanwhile, CoinCodex provides detailed token sale data for crypto assets that already had a token sale, as well as information about upcoming token sales. CoinCodex features all types of token sales, including IEOs, ICOs, IDOs, Polkadot parachain auctions and more.

Historical data

Nomics gave its users the option to access historical price data for cryptocurrencies listed on its platform. CoinCodex also allows users to export historical price data for a specified time period, frequency and currency. So, if you were relying on Nomics’ historical data feature to analyze cryptocurrencies, you’ll be able to achieve very similar results with CoinCodex.

Crypto price alerts

While we can’t confirm this for sure at the moment, it appears that Nomics did not offer a crypto price alerts service. Meanwhile, CoinCodex users can set up price alerts that automatically notify them whenever a selected cryptocurrency reaches a specific price. 

For example, let’s say that you think $30,000 is a good price at which to sell Bitcoin. You can set up an alert which will instantly notify you via email when BTC hits $30,000. Of course, you can also set up an alert for a price that’s lower than the current price.

The bottom line — CoinCodex is one of the top alternatives to Nomics

The Nomics platform had some unique features, and there is currently no exact replacement for it on the market. However, Nomics also missed handy features like token sale data and crypto price alerts, which can certainly make life easier for crypto traders and investors.

Overall, CoinCodex is one of the best alternatives to Nomics, as it offers a similar feature set and user-friendly experience. It’s also a great option for mobile users, as the CoinCodex mobile app is regularly updated and fully compatible with the desktop version.