๐ $1,000 in $WIF 8 months ago: $4M now
๐ $1,000 in $PAAL 10 months ago: $1M now
But with thousands of tokens, how do you pick the right ones?
๐งต: Master the research to find the next 100x/1000x tokens
As we get started: I've dedicated hours to this research and would appreciate your support.
If you can, please show some love by liking, reposting, or sharing it.
โ Identify Key Narratives
The narrative should be:
- Trending: Widely discussed on social media
- Understandable: Clear and simple, even for non-technical users
- Untapped Potential: Room for growth in the sector
- Preferably New: New and fresh ideas
Focus on the most popular narratives rather than searching for something entirely new. Memes, RWA, AI - these are the top choices for this cycle. They'll be leading the pack once the altseason begins.
โ Select a Token for Further Research
1. Visit: [Dropstab Categories](http://dropstab.com/categories)
2. Choose: Select a category of interest
3. Explore: Look into the market
Search the token based on these criteria:
- Low Market Cap: Ideally less than $300M
- Circulating Supply: Most of the tokens in circulation, with major unlocks past
- Growth Strength: Higher percentage increase during market growth
- New Token: Launched during or before the current bull run
โ Research the Project
1. Visit: The project page on [Dropstab](http://dropstab.com)
2. Explore: Their website and social media
Find answers to:
- Problem Solved: What issue does the project address?
- Token Utility: What is the token used for?
- Roadmap: Is there a long-term plan?
- Price Growth Factors: What supports the token's price increase?
- Team Experience: How experienced is the project team?
- VC Support: Level of VC support and investment
For memes:
- Recognition: How well-known is the meme?
- Originality: How funny and original is it?
- Marketing: Quality of marketing efforts
- Supply Distribution: How was the token supply allocated?
- Community Strength: How strong is the community?
โ Fundamentals
Visit [Defillama](http://defillama.com) for project fundamental data, charts, and details. Check out:
- TVL (Total Value Locked)
- Trading Volume
- Fees and Revenue
Look for growth in these metrics or the maintenance of high levels.
โ Token Vesting
1. Visit: [Dropstab](http://dropstab.com)
2. Navigate: To the token page you're researching
3. Click: On the "Vesting" tab
Review token vesting details:
- Team, Investors, Advisors: Who holds the tokens and their vesting schedules
- Vesting Schedule: When are the tokens released?
- Token Allocation: Distribution among stakeholders
If significant unlocks are upcoming, it might be wise to wait for a better entry price.
โ Team
Check public repositories on GitHub to see:
- Commits Frequency: Number and frequency of updates
- Feature Development: Productivity in developing new features
Look for the company and employees on LinkedIn for more insights.
โ Analyze Social Media Account
Use [TweetScout](https://TweetScout.io) to access statistics of the account:
- Overall Account Score
- Affiliated Accounts
- Top Followers (Influencers/VCs)
โ Check Out the Competitors
Compare top assets in the category:
- Originality: Which project first implemented the idea?
- Development Speed: Which is progressing faster?
- Community Strength: Which has a stronger community?
โ Accumulation
Long accumulation phases often indicate big players' interest:
- Visit: [Dropstab](http://dropstab.com)
- Navigate: To the "Accumulation" tab
- Research: The token list
If you find an interesting token, double-check its chart to ensure it meets your criteria.
โ Find Your Entry Price
Open Daily and 4-hour charts on [TradingView](https://tradingview.com):
- Identify Key Levels: Where the token could accumulate
- Start Buying: Through DCA when the price hits these levels
- Be Patient: Avoid buying on the way to the designated zones
That's all for now.
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