Crypto Fundamental Analysis Mega Thread 🧵
Success of a project depends on few fundamental factors. Lets discuss the factors to consider while analyzing a project based on five aspects:
1)Project
2)Team
3)Tokenomics
4)Code
5)Community & Socials
1/22
#crypto #fundamentals $BTC
Success of a project depends on few fundamental factors. Lets discuss the factors to consider while analyzing a project based on five aspects:
1)Project
2)Team
3)Tokenomics
4)Code
5)Community & Socials
1/22
#crypto #fundamentals $BTC
**Project**
Token Utility
Problem trying to solve
Does it need a token?
Token utility Competitors
Is the idea original?
What differentiates the project?
How will it attract users?
2/22
Token Utility
Problem trying to solve
Does it need a token?
Token utility Competitors
Is the idea original?
What differentiates the project?
How will it attract users?
2/22
*Whitepaper*
How deep analysis have they done?
Problem statements.
Understand the stage of product development
Do they have closed beta or open beta available?
Do they have a full-fledged product?
3/22
How deep analysis have they done?
Problem statements.
Understand the stage of product development
Do they have closed beta or open beta available?
Do they have a full-fledged product?
3/22
Find products that don’t have coins/tokens - use the test net / potential airdrop.
Understand customer base Potential adoption.
How many customers could it have? What kind of customer will use it? Find similar projects and compare adoption.
4/22
Understand customer base Potential adoption.
How many customers could it have? What kind of customer will use it? Find similar projects and compare adoption.
4/22
*Sector*
Is the sector trending?
Can the sector move to crypto?
Potential real-world adoption
Are there any roadblocks?
Find projects in the sector
Diversity in multiple sectors
5/22
Is the sector trending?
Can the sector move to crypto?
Potential real-world adoption
Are there any roadblocks?
Find projects in the sector
Diversity in multiple sectors
5/22
**Roadmap**
Are they fulfilling the promises?
New project - watch this closely.
Existing projects - look at previous history.
Dev Activities.
What have they delivered?
How has it helped adoption?
6/22
Are they fulfilling the promises?
New project - watch this closely.
Existing projects - look at previous history.
Dev Activities.
What have they delivered?
How has it helped adoption?
6/22
**Team**
Is the team capable of delivering?
Look at the backgrounds of core members.
Ask founders for the experience.
Ask for the LinkedIn and social of the project team.
Look into the history of the founders
Check if the founders are involved in any scams
7/22
Is the team capable of delivering?
Look at the backgrounds of core members.
Ask founders for the experience.
Ask for the LinkedIn and social of the project team.
Look into the history of the founders
Check if the founders are involved in any scams
7/22
Is it registered somewhere?
Have they won any competitions? (Someone has looked into the project) What is the team size?
Are they understaffed?
How are they developing it?
Ask the team how they plan to use the raised funds.
8/22
Have they won any competitions? (Someone has looked into the project) What is the team size?
Are they understaffed?
How are they developing it?
Ask the team how they plan to use the raised funds.
8/22
Are they engaging with the community and promptly answering questions?
Are they reactive or ab-reactive?
Identify successful VCs and track their investments
Find the value the VCs would add
Identify bad VC firms that dump on retail and stay away from their investments.
9/22
Are they reactive or ab-reactive?
Identify successful VCs and track their investments
Find the value the VCs would add
Identify bad VC firms that dump on retail and stay away from their investments.
9/22
Find if the projects have the right advisors.
Look history of advisors.
Check performance of their previous projects
If anonymous, see if they’ve KYCed to any influencers.
10/22
Look history of advisors.
Check performance of their previous projects
If anonymous, see if they’ve KYCed to any influencers.
10/22
**Tokenomics**
What’s the use case of tokens?
Token utility plays a key role.
Token velocity - how are they increasing the token use case?
How does it capture value?
Total supply? Most of the time doesn’t matter but affects the market psychology.
11/22
What’s the use case of tokens?
Token utility plays a key role.
Token velocity - how are they increasing the token use case?
How does it capture value?
Total supply? Most of the time doesn’t matter but affects the market psychology.
11/22
Is it too cheap or too costly?
If there is a supply crunch, how will it affect the price?
If already listed, look for price action
Who holds the most tokens?
Understand token holders
Compare circulating supply vs total supply.
12/22
If there is a supply crunch, how will it affect the price?
If already listed, look for price action
Who holds the most tokens?
Understand token holders
Compare circulating supply vs total supply.
12/22
When more tokens release, how will it affect the prices?
What were the initial prices?
Will private sale/seed investors dump?
Find the vesting period of a project
How often are tokens released?
If it’s an existing token, look up the chart and find ATH, average volume.
13/22
What were the initial prices?
Will private sale/seed investors dump?
Find the vesting period of a project
How often are tokens released?
If it’s an existing token, look up the chart and find ATH, average volume.
13/22
Is it appreciating against $BTC?
If you’re getting in for short trade, what’s is the volume vs market cap.
Is it pumping and dumping on a small volume
Understand market cap volume ratio
Find top holders
Is there whale accumulation?
Is there whale distribution?
14/22
If you’re getting in for short trade, what’s is the volume vs market cap.
Is it pumping and dumping on a small volume
Understand market cap volume ratio
Find top holders
Is there whale accumulation?
Is there whale distribution?
14/22
Perform On-chain analysis and compare with competitors
Try to optimize entry to get better returns
god.pdf - little outdated document, but explains in detail about pump and dump
cryptofrenzy.files.wordpress.com/2014/02/god.pdf
15/22
Try to optimize entry to get better returns
god.pdf - little outdated document, but explains in detail about pump and dump
cryptofrenzy.files.wordpress.com/2014/02/god.pdf
15/22
**Code**
Code is law
Code is the product
Are they open-sourced?
Is there someone who’s published their analysis on the code?
Were any audits conducted on code?
Audit reports are not the last word
16/22
Code is law
Code is the product
Are they open-sourced?
Is there someone who’s published their analysis on the code?
Were any audits conducted on code?
Audit reports are not the last word
16/22
Audit won’t check for logic
Good testing will only show real issues
Do they have a good security team?
Do they have security advisors?
Do they have bounties?
How do they run it?
17/22
Good testing will only show real issues
Do they have a good security team?
Do they have security advisors?
Do they have bounties?
How do they run it?
17/22
**Community & Socials**
Check if they’ve community accounts?
Where can we reach out to the team?
Do they have publications?
How often do they communicate with the community?
We can understand the sentiments of the groups
Are there shillers?
18/22
Check if they’ve community accounts?
Where can we reach out to the team?
Do they have publications?
How often do they communicate with the community?
We can understand the sentiments of the groups
Are there shillers?
18/22
Twitter analysis - pumping or fundamentally strong
Look for fundamental reports
What’s the rating?
Fundamental reports help with token value and adoption
19/22
Look for fundamental reports
What’s the rating?
Fundamental reports help with token value and adoption
19/22
Social media plays a significant role in the adoption
Check if any Gigabrains follow them on Twitter.
What kind of following and interaction do they have?
Is the token ticker trending?
Is it fake shilling and fake users - try to differentiate
20/22
Check if any Gigabrains follow them on Twitter.
What kind of following and interaction do they have?
Is the token ticker trending?
Is it fake shilling and fake users - try to differentiate
20/22
**Tools & Resources**
coingecko.com/en
coinmarketcap.com
messari.io
baserank.io
santiment.net
nansen.ai
glassnode.com
tokenterminal.com
tokenmetrics.com
21/22
https://twitter.com/0xShual/status/1463575819717070863
coingecko.com/en
coinmarketcap.com
messari.io
baserank.io
santiment.net
nansen.ai
glassnode.com
tokenterminal.com
tokenmetrics.com
21/22
If you are reading this tweet, that means you've read the entire thread. You're gonna make it!
If you found this helpful, please consider retweeting 1/22 so it reaches our fellow crypto peeps.
Lets help in adoption!
22/22
#WAGMI
If you found this helpful, please consider retweeting 1/22 so it reaches our fellow crypto peeps.
Lets help in adoption!
22/22
#WAGMI
• • •
Missing some Tweet in this thread? You can try to
force a refresh
