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Not every new coin is a shitcoin: How to spot the real GEMS inside the sea of shitcoins. 1. Go to BscScan and view BEP-20 Transfers. Look for the grey icon next to the coin names, which indicates that the coin is new. 2. Open the new coins in separate tabs and investigate them. 3. Check the Holders list. The biggest holders should be the liquidity pool and the dead coins wallet. There should also be at least 200-300 holders. 4. Make sure the liquidity pool is at least $30k or more and locked for a longer period of time. 5. Check the Transfers section. The coin should have at least 5-10 transactions per minute. 6. Make sure the coin has a website and Twitter account. If possible, check for a Reddit page, Telegram channel, Discord, Instagram page, and YouTube channel as well. 7. Evaluate the coin name, logo, and website design. The coin should have a catchy name and an attractive design. 8. If the team members are publicly known, this is a huge bonus. Additional tips: Be careful of coins with too many whales (e.g., 10 wallets each holding 3% of total coins). Avoid coins with low volume (e.g., a few transactions every 2-3 hours). Be wary of coins without a website and Twitter account. Avoid coins with stock images and generic names. Please note: This is not financial advice and you should always do your own research before investing in any cryptocurrency.
Not every new coin is a shitcoin: How to spot the real GEMS inside the sea of shitcoins.
1. Go to BscScan and view BEP-20 Transfers. Look for the grey icon next to the coin names, which indicates that the coin is new.
2. Open the new coins in separate tabs and investigate them.
3. Check the Holders list. The biggest holders should be the liquidity pool and the dead coins wallet. There should also be at least 200-300 holders.
4. Make sure the liquidity pool is at least $30k or more and locked for a longer period of time.
5. Check the Transfers section. The coin should have at least 5-10 transactions per minute.
6. Make sure the coin has a website and Twitter account. If possible, check for a Reddit page, Telegram channel, Discord, Instagram page, and YouTube channel as well.
7. Evaluate the coin name, logo, and website design. The coin should have a catchy name and an attractive design.
8. If the team members are publicly known, this is a huge bonus.
Additional tips:
Be careful of coins with too many whales (e.g., 10 wallets each holding 3% of total coins).
Avoid coins with low volume (e.g., a few transactions every 2-3 hours).
Be wary of coins without a website and Twitter account.
Avoid coins with stock images and generic names.
Please note: This is not financial advice and you should always do your own research before investing in any cryptocurrency.
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Bullish
Bitcoin and BNB, Bullish
Bitcoin and BNB, Bullish
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