How do you know if it's a x100 altcoin?
1. Market cap should be less than 50 Million.
Why is that? 50Million x 100 is 5Billion. 5Billion in market cap is fairly achievable as long as the token has good fundamentals.
#PitbullToken has only 30million in market cap. Check it out.๐
2. It should be rug and scam proof.
If you'd like to dive into low cap tokens, you should make sure that it's safe. Check it's contract, no one should have access to its liquidity.
#PitbullToken liquidity is burned from the start. No one has access.
3. No whales can manipulate the token.
Check its contract and make sure that no holder should hold more than 10% of the token, unless it's an exchange or a dead wallet.
#pitbull has no private wallet holding more than 1.4%. It has no whales.
4. It should be deflationary.
All tokens must be minted. It must have a burning mechanism.
#PitbullToken has a robust burning mechanism. In every transaction 2% of it is burned. All tokens are minted, but in a span of 3 years 66% of it is already burned.
5. It should have a huge community support.
To gather a good volume, it must have at least 10thousand holders, and must also be available in top exchanges.
#Pitbull has 524thousand holders and is available in a several top exchanges.
If you'd like to see pitbull trading in binance. It's been nominated in binance futures next. You can vote for it if you like. ๐
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