Overview of Doubling Coins' Characteristics
Brothers, here comes the valuable information
Most of the new coins listed on Binance have dropped below their issue prices
What kind of new coins can surge, and what kind cannot
Why can we always find doubling coins
First of all, market capitalization is the most important
Let's first talk about the meme sector
Meme coins, if the market cap is below 300 million when listed on Binance
Then it can surge, similar to the previous ACT and PNUT
These are the doubling coins we've recently ambushed
At least three times on the chain ahead of time
If the market cap is below 100 million, then don't even think about it, no need for technical analysis
Just mindlessly rush in, similar to the previous ORDI and Neiro, which had up to ten times returns
Because the user base of Binance determines that the market cap of the listed coins will not be too low
Unlike other lesser exchanges, where coins with market caps of a few million to tens of millions are listed
But if a meme coin is listed with a market cap exceeding 300 million or 500 million, then don't rush in, even if you make money by luck, it is still luck, because the whale didn't dump
Secondly, there are VC coins and fundamental application coins
This is a bit polarized but can still be ambushed
For example, the coin THE that listed today, with a market cap of less than 100 million
Everyone can look at previous VC coins and fundamental application coins
After being listed on Binance, there have been no coins with a market cap below 100 million
This means that buying THE at a price of 1.4 to 1.6, even if you can't make money, at least won't lose
With a bull market and many people, there are many who speculate on new coins, at this time if we rush in early, the probability of making money is very high, even if we don't make money, at least we won't lose
But not every VC coin can surge, the new coins listed on Binance before often had market caps of ten billion, at that time it was basically, one sold, one cut
But it doesn't mean that high market caps won't rise, however, we try not to earn money where the risks outweigh the rewards, this is also why, previously with ten new coins listed on Binance, nine fell, and I still managed to find doubling coins
External factors also include the influence of big players, recently CZ expressed similar sentiments, roughly meaning: Recently meme coins, he finds it a bit incomprehensible, and should return to the building of fundamental blockchain applications
At this time, Binance listed the fundamental application coin on the BNB chain, THE, with a market cap of only one hundred million, I think at this time those who are slightly smarter will ambush on the chain in advance
Ambushing a doubling coin is luck, but if you can always find doubling coins, then it’s not luck