Market value: US$2 million and US$200 million
Never select the crypto project that has broadcast the old story, making a fortune out of nothing. Currently, it is not possible. If the project market value is less than 2 million US dollars, how will it grasp the market consensus? Technically, if a project is less than 2 million, it never provides the analytical information to its consumers. Similarly, investing in those coin projects that are above 200 million also requires careful research. How you will determine to grow 100 times. If you want to make huge money, your research is more important. Consider these factors essential. Crypto coin investment means estimating the current market value and the future market value. Its difference is your wealth. If you do not understand, try to Google it or ask ChatGPT for answers.
A new coin project never experienced a bear and bull.
Did you know Bitcoin always exceeded its previous high? Only a few coins can reborn. Historically, if you just search the internet, you will find that BCH, LTC, and XRP have no value in previous bull markets; people never give them more importance. But currently, they are reborn and have practical applications. Another point: during a bull market, if a coin is not able to exceed Bitcoin, it’s better to leave that project and invest in mainstream coins. Learn the people’s judgment about the coin project if they think that it has some problems and how you can ensure that this coin creates a huge value for you. The time has gone when you make money from out of nothing.
Track innovation
The 100x requires innovation. If the project does not offer anything innovative, how will it be 100x over time? Certainly, no one wants to waste their money. Always research project ideas and make judgments. For example, FIL coin concepts of decentralized storage that were never fulfilled. Similarly, HNT concepts of IoT devices still not able to attract wider attention. The metaverse is still struggling because of the lack of VR, network latency, and storage. Your main objective is to track the real-world innovation, even if it takes some time to get popular.
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