Thread by @IAmKayodeOla

10 Steps To Find the Next 100x Crypto Gem Before Everyone Else.

1. The team behind the coin: Visit the website and look who is the team behind it. Try to find Partnerships with other big projects.

2. Attention:
Is there attention on this coin yet? Have people found out about it yet?

3. Analyzing the smart contract:
the smart contract can mint new tokens, how many tokens he holds, and how the distribution was made. It also helps to check if any exploits due to bugs in the code are possible.

etherscan.io

bscscan.com

4. New coins will probably not have a huge number of holders. But if only a few owners hold a major part of supply, then it’s better to avoid such projects.

5. Anything under $30M is good. Anything under $15M is better. Anything under $5M is great.

6. Community:
They hold huge power to move coin prices.

7. Looking at the chart is an important factor when gem hunting. No matter what all the other factors might point to, if the chart does not look good, then it’s not a good time to enter the coin.

8. Skip projects with billions of tokens in supply. It’s best to search for projects with fewer coins as they have the most potential to grow in price and keep the market cap realistic

9. If you see major spikes in price charts, check if there were any fundamental reasons for it

10. Unique Concept/Product:
concept or something different that makes it stand out from its competitors.

For example #Prosper
• Market cap under 10m
• Already in Binance
• The project is unique
• Chainlink partnership
• Active team
• Not at ATH

Thanks for reading

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