follow this rules to know how to source for good germ on coinmarketcap
*Step 1: Go to CoinMarketCap*
Open a web browser and navigate to CoinMarketCap (cmc.link).
*Step 2: Filter by Market Cap*
Click on the "Market Cap" tab and select "Low" to "High" to sort the cryptocurrencies by market capitalization.
*Step 3: Set Filters*
Apply filters to narrow down your search:
- Select "Tokens" or "Coins" under "Type".
- Choose a specific "Category" (e.g., DeFi, Gaming).
- Set a "Price" range (e.g., $0.01 to $1).
- Select a "24h Change" range (e.g., -10% to 10%).
*Step 4: Analyze*
Review the filtered list and analyze each cryptocurrency's:
- Market capitalization
- Trading volume
- Price movement (24h, 7d, 30d)
- Social media and community activity
- Technical indicators (e.g., RSI, MACD)
*Step 5: Research*
Investigate each cryptocurrency further:
- Read whitepapers, website content, and social media posts.
- Evaluate the development team, partnerships, and roadmap.
- Check for any red flags or controversies.
*Step 6: Compare*
Compare your top picks:
- Create a spreadsheet to organize and compare data.
- Evaluate each cryptocurrency's strengths and weaknesses.
*Step 7: Make an Informed Decision*
Based on your research and analysis, make an informed decision about which cryptocurrency to invest in.
Remember, investing in cryptocurrencies carries risks, and thorough research is essential.
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