How to choose high-quality altcoins
For popular tracks such as public chains, MEME, AI, games, L2, DEFI, etc., the performance of projects in the same track is also different. Take MEME as an example. Although people, doge, and floki are all old MEMEs, people has a small increase, while doge and floki are crazy. Why is this? Have you ever thought about it?
• Narrative: For example, Doge has traffic and capital injection due to Musk's mention, which has triggered market speculation and the price is naturally good
• Project community team operation: The community team actively creates narratives or promotes the listing process, such as after listing on Binance, it will expand to CB, Bithumb, Upbit and other platforms
• Strong market makers: There is strong support from market makers
If these conditions are met, the valuation and increase will have more potential, otherwise it will be limited. This rule also applies to public chains, games, DEFI and other tracks. After all, the hype of any currency cannot be separated from traffic and funds.
Let’s talk about public chains: public chains are not just public chain projects. From the last cycle to now, sol and inj have survived and reached a new historical high. But what about others?
In addition to the above-mentioned points, there are also investment teams, sol, inj, sui, apt, omni, alt, etc. They are all invested by JUMP. If you don’t know JUMP, you can search it. This is a powerful foreign exchange market maker in the world.
To judge market hype and new tracks, you can pay attention to Binance, CB dynamics, the macro situation in the United States, mainstream media and hot spots in US stocks, as well as the comments of celebrities in the encryption field, find corresponding narrative projects in the encryption market and analyze them, and keep up with the market hype trend. The market is always right.
In the past one or two years, new tracks such as Depin, RWA, Payfi, and BTCfi have emerged. We should pay attention to whether similar projects are favored by big funds.
The hype of DOGE and PNUT in the past month is an example. Even if you cannot predict it, you can seize the opportunity by following up in time. After all, PNUT is not achieved overnight.
