CoinVoice recently learned that trader Eugene Ng Ah Sio posted on social media, stating, 'In an era of high prices, finding new ideas is indeed challenging. How do you build confidence in projects that have already risen 10 times from the bottom?'
My framework for building confidence can be summarized as follows:
Represents a brand new idea—this can be achieved through a new vertical field, new products or services, or even a new token economic model (like a Ponzi model). Look for newer names, with fewer holders and smaller unrealized gains or losses for existing holders—this is why new coins often perform better than old coins, as they do not have natural resistance levels, inflation, or sell-off pressure. Look for a theoretically unlimited valuation ceiling—this is why meme coins perform so well, as they are unvalued.
Now, there is a token that reasonably meets all these criteria in some aspects. [Original link]