How to distinguish junk altcoins, which ones are there?
Which are junk altcoins?
1. Tokens that are continuously inflated and issued, and the destruction mechanism is not enabled, a typical example is DOGE.
2. The issuance volume is ridiculously high, 1 billion or 10 billion, but the actual circulation volume is only tens of millions or millions, and then the lock-up of the tokens has reached 70%-80%, and the lock-up time is less than one year, the following: arb, dym, portal, manta, sei...
What about excellent altcoins:
1. Deflation coins: BNB, Floki, shib
2. Full circulation type tokens: pepe, bome, people, not, wif
How to judge the quality of altcoins:
Deflation coins>Fully circulated coins>Reservoir coins>Inflation coins
These are the basic methods to distinguish some junk coins.
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