Here's how to easily determine if your project has the potential to multiply 100x or if it’s just another dud.
This is straightforward, with no fluff. Hardly anyone does this, which is why it works. It’s quite simple.
1. Analyze the token holders.
As the market cap grows, the number of token holders should also increase. The more holders, the better. If there are only a few holders while the project is surging, it indicates that the supply is in the hands of a few large holders—whales. This is a serious warning sign.
2. Examine the volume-to-market cap ratio.
A high ratio of trading volume to market cap suggests strong interest and good liquidity. If the trading volume is high compared to the market cap, it shows that there is active participation and confidence in the project. A low ratio, on the other hand, indicates weak interest and potential price manipulation. Another warning sign.
3. Evaluate partnership announcements.
Look for regular and meaningful partnerships or collaborations. Projects that are forming strategic alliances are enhancing their chances for long-term success. If there are no partnerships, it’s a sign that other industry players lack confidence in the project.
These simple yet effective methods will give you the upper hand in identifying a real 100x gem. If you're interested in learning more and achieving success with me.