Bull market is here, how should I pick valuable cryptocurrencies to ambush?
Let me share some tips with you on how to find potential digital currencies:
1. Pay attention to new cryptocurrencies that have emerged in the last two years, and don't be overly reliant on older coins that have already skyrocketed. New things often have a better chance of standing out in the future. At the same time, avoid overly niche areas that have little attention. Choose coins that are innovative and can solve real problems; this type of innovation should continuously bring value, not just short-term speculation.
2. Look for smaller cryptocurrencies with a lower market capitalization (for example, below $500 million) and a limited supply, and they should be fully circulated and have solid fundamentals. Such coins will have greater growth potential in the future.
3. Check the team's background and whether there are prominent institutional investors involved. This not only boosts confidence but also indicates the quality of the coin. Of course, besides evaluating the coin's value, it's important to wait for the right timing. Distinguish between when there is speculation and when there is a true manifestation of value. Truly valuable coins will rebound after speculation, while worthless ones may struggle to recover.
4. The token distribution rules should be reasonable, with the circulating supply ideally controlled between 60-80%, so the market won't be impacted by large sell-offs.
5. Choose major projects ranked in the top 200 by market capitalization, and don't blindly follow niche projects. Major projects are more stable and more likely to achieve significant progress.
6. Select leaders in promising fields, such as decentralized public chains, GameFi, cross-chain, AI, and RWA sectors. Don't be blinded by temporary trends; look at the long term and choose fields that can sustain development.