How To Spot 100x Crypto Project

In this article I will be sharing some invaluable advice or practical suggestions that will enable you to know how to find solid Crypto projects which sometimes can be though. This article is made to make the search easier for you as I will be highlighting those crucial things to look out for when carrying out your personal research.

The Crypto currency space can be extremely profitable or drain your portfolio, it all depends on your investment decisions.

There’s always some risk involved when making an investment because finding the right Crypto Project that will be profitable if most times under probability. However, by carefully choosing projects and carrying out thorough research on the chosen project, you may significantly reduce the risk of losing your funds and increase your chances of success.

Let’s discuss give basic strategies for spotting potentially undervalued and appealing Crypto projects . These suggestions is geared towards prelaunch and early stage of the Crypto Project but the same strategy can also be applied to already established projects.

Warning: Always invest only what you can afford to lose because the Crypto market is highly volatile.

1. Review the Project Market Capitalisation.

Examining whether an asset is undervalued is one of the easiest ways to spot a promising investment opportunity.

This entails checking the initial market Capitalisation of the project that haven’t yet debuted. That is the total worth of all the initial capital put into the projects as well as the token unit, like finding out how many token will be in circulation after the token generation event (TGE), because the market tend to raise the token price toward it’s fair value subsequently after token generation event. Therefore, projects with an initial market capitalisation that is lower than their predicted fair value might be a promising investment opportunity.

A Crypto Project that starts with a lower market cap than predicted has a good probability of increasing in value until it reaches it’s fair value while project with higher than expected market cap such as resulting from a rapid ephemeral rush of orders, may on the other hand gradually fall back to a much lower market cap.

2. Check it’s Early Supporters

Basically, this involves looking into the projects original backers, giving attention to notable VC funds and Angel investors the dev team has brought on board. Absolutely, it’s a good idea to look into who you’ll be investing with before jumping into any project. This crucial information can be going on the official website of the project.

3. Check the Team behind the project

You can evidently increase your chances of success by choosing Crypto Project that an experienced team behind the project because a strong team it essential for successful project. Majority of your attention should be focused on the executive team like the CEO, CBDO, CTO and other members of the
developing team. find out their background and experience relating to the world of finance, tech and Crypto.

A strong team is beneficial to the project whereas a week team can indicated a major red flags. Therefore, it is very much important to look for evidence of previous success as well as a track record of perseverance.

4. Look out for a Sustainable tokenomics

Sustainable tokenomics is also one of the most important aspect of and successful Crypto Project. Regardless of how great the project maybe, if there is less utility the token, high inflation will definitely lead to price suppression.

Check the team’s plan, read there white paper and roadmap to know whether they are planning to hold an airdrop campaign or planning to run a long term yield farming program, these insight will help you to determine whether the project will suffer from high inflation.

However, you should double-check that the project you are looking into isn’t just following the trend in order to decieve investors. DON’T FOMO