The MEME coin TRUMP, which is associated with "Trump", briefly broke through $7.7 this morning, and has now fallen back to around $7.63, with a 24-hour increase of about 27.01%.
The recent performance of altcoins is remarkable. In the stage of sideways fluctuations in the market, the performance of some popular altcoins is not too bad. Today's article will introduce several methods to mine high-quality altcoins:
1. Mentality determines success or failure. Understanding the psychology of the crypto market is the most important thing
Remember this sentence, "The best time to buy is when the market is bleeding." Although many people know this, when fear really comes, they will choose to sell. On the contrary, they will buy back when they are greedy, which often causes them to miss out on huge profits.
The current market psychology can be determined by observing the Greed Fear Index.
Fear/Greed Index: https://alternative.me/crypto/fear-and-greed-index/
2. Dig for inside information
The surge in the price of a coin is often not because of the person’s in-depth research, but because he has an internal wallet and has inside information.
Think about it, why was this person able to buy in before the unexpected surge when there was no good news about this project in the market at all.
The answer, of course, is inside information.
Here is an example where a wallet bought HAMMY immediately after its launch at $1,500 and then sold it at $177,000.
3. How to find these internal wallets
Visit: https://dexscreener.com/
Find popular coins in the past 6 hours or 24 hours
Click Head Trader
Search for early deals
Copy wallet address
Go to: https://alphatrace.co/
To get better results, consider filtering out wallets with a profit of more than $500,000 and a win rate of 60%.
4. How to discover potential coins in advance?
Visit: CoinMarketCap / Coingecko
Select 10-30 tokens that interest you from your favorite field
Visit: https://dropstab.com/
On this website, you can view important information, such as project investors, number of Twitter followers, and financing data.
5. Check the Token Economics
What is the distribution mechanism of the project tokens? How much does the project party hold, how much is allocated by the community, and when will the ban be lifted? These information are all crucial.
6. Check the security of the project
To avoid scams, rogues, and honeypots, the following two common validators may be useful:
SOL：https://rugcheck.xyz/
EVM：https://www.coinscan.com/
Like, collect and follow, Mengge will take you to the highway!
