How to distinguish between junk and excellent altcoins?
Characteristics of junk altcoins:
These altcoins are like balloons that keep expanding. The issuance volume is astonishingly large, with 1 billion or 10 billion coins issued at any time, but the number of coins actually circulating in the market is pitiful, only hundreds of millions to billions. What's worse is that more than half of the coins are stored in a "reservoir" like water, ready to be released at any time, so that the price is greatly diluted. For example, Arb, Dym, Portal, Manta, Sei, Sui, etc., be careful.
Highlights of excellent altcoins:
First of all, altcoins with deflationary characteristics are very popular, such as $BNB, Floki, Shib, and their number will gradually decrease, which will benefit holders more.
In addition, fully circulated altcoins are also great, such as Pepe, Bome, People, Not, Wif, all the supply of these coins has been circulated in the market, and there is no hidden "reservoir" to dilute the price.
Simplified version of the quality ranking of altcoins:
In simple terms, the best altcoins are those whose number will decrease (deflation coins), followed by those whose all coins are already in circulation in the market (full circulation coins), and then those with a large number of coins not yet released (reservoir coins), and the worst are those whose issuance volume is increasing and prices are being diluted (inflation coins)
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