There are so many altcoins on the market now. How to judge which project is good or bad?
Today I will write about my method on how to distinguish whether altcoins are good or bad.
Utility
Top Holder Percentage
Be careful with projects that are top heavy (the top 100 wallets own most of the coins).
MarketingMarketing eyes on the prize
Observe whether the operation of this project is based on long-term planning
Token distribution Token distribution
Research how much of this project was allocated to the initial investors when it was in ICU, and how much will be circulated in the market in the future.
Community
For a project to go forward in the long run, it is very important to have a good community. It requires a lot of people who support the project.
Project core person experience Project team
Look at the team and see who is doing the work. If the team is not doing anything, it means the project may not be optimal. An active team is the basis for project growth.
The good old exchange listings
Like the most iconic Binance
There are really too many Rug projects coming out recently. The above is the method I compiled for everyone to identify the quality of a new project. If you like it, you can like it and share it with your friends. We will continue to update new high-quality articles in the future. Everyone, click to follow now to avoid missing new articles~
