Token

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<h4 style="color: #252525;">Crypto traders are currently searching for the next 500x token because a bull run is around the corner. And that’s when prices usually skyrocket. If this is your first bull run, know that picking the right project can make a difference.</h4> 
While it’s hard to predict what token will hit the jackpot, there’s a science to picking the right token. Experts have shown the right ways to spot your next crypto gems that will hopefully bring in the profit you hope for. Here are a few ways.&nbsp; 
<h5 style="color: #252525;">1) Avoid Projects With Frequent Token Unlocks</h5> 
We often inform our community of upcoming <a href="https://www.altcoinbuzz.io/?s=token+unlocks" target="_blank" rel="noopener">token unlocks</a>. That’s because we know these events can cause price slumps, and we don’t want our community to suffer such shocks. Similarly, some can choose to buy the dip from the crashed price. 
<img decoding="async" class="alignnone size-full wp-image-130257" src="https://www.altcoinbuzz.io/wp-content/uploads/2023/12/crypto-gems-unlocks-scaled.jpeg" alt="" width="2560" height="1440" srcset="https://www.altcoinbuzz.io/wp-content/uploads/2023/12/crypto-gems-unlocks-scaled.jpeg 2560w, https://www.altcoinbuzz.io/wp-content/uploads/2023/12/crypto-gems-unlocks-300x169.jpeg 300w, https://www.altcoinbuzz.io/wp-content/uploads/2023/12/crypto-gems-unlocks-1024x576.jpeg 1024w, https://www.altcoinbuzz.io/wp-content/uploads/2023/12/crypto-gems-unlocks-768x432.jpeg 768w, https://www.altcoinbuzz.io/wp-content/uploads/2023/12/crypto-gems-unlocks-1536x864.jpeg 1536w, https://www.altcoinbuzz.io/wp-content/uploads/2023/12/crypto-gems-unlocks-2048x1152.jpeg 2048w, https://www.altcoinbuzz.io/wp-content/uploads/2023/12/crypto-gems-unlocks-696x392.jpeg 696w, https://www.altcoinbuzz.io/wp-content/uploads/2023/12/crypto-gems-unlocks-1068x601.jpeg 1068w, https://www.altcoinbuzz.io/wp-content/uploads/2023/12/crypto-gems-unlocks-747x420.jpeg 747w" sizes="(max-width: 2560px) 100vw, 2560px"> 
<h6 style="text-align: center;">Source: <a href="https://cryptorank.io/token-unlock" target="_blank" rel="noopener">CryptoRank</a></h6> 
However, it is generally agreed that a project with frequent token unlocks might be a red flag. Similarly, be careful of projects with very low circulating supplies. The reason is the basic law of economics: price is determined by the balance between supply and demand. So, increasing supply without a corresponding growth in demand can lead to a price decrease. 
<h5 style="color: #252525;">2) Avoid Tokens Where VCs or Angels Have a Lower Entry Price Than Others</h5> 
Here’s the best scenario to explain this: Imagine investors’ tokens unlocking around the corner. And the token is trading at 100X from their entry point. There’s every likelihood they’ll sell and dump the price. So, it’s best to stay off. 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f537.png" alt="🔷" class="wp-smiley" style="height: 1em; max-height: 1em;"> 3. Token Unlocks 
 Unlocking Token Transparency: Stay Informed with <a href="https://twitter.com/Token_Unlocks?ref_src=twsrc%5Etfw">@Token_Unlocks</a> – Unveiling Incoming Token Unlocks from Teams, VCs, and Previous Sales <a href="https://t.co/5Z50gJezxn">pic.twitter.com/5Z50gJezxn</a> 
 — CILLIONAIRE.COM (@cillionaire_com) <a href="https://twitter.com/cillionaire_com/status/1667865290456322051?ref_src=twsrc%5Etfw">June 11, 2023</a>
</blockquote> 
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
<h5 style="color: #252525;">3) Don’t Fail to Participate in ICOs</h5> 
Most crypto users underestimate ICOs, especially in a bull market. There’s often a surge in the number of ICOs in a bull market. ICOs are where new blockchain projects raise funds by issuing new tokens.&nbsp; 
New projects are risky, but they have potential. And ICOs are where you get them at cheaper rates. Getting the right projects could be the way to have the best bull market ever. 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 2017: ICOs 2018: IEOs 2019: Exchange tokens 2020: DeFi 2021: NFTs 2022: Metaverse 2023: Inscriptions 2024: Bitmaps <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f7e7.png" alt="🟧" class="wp-smiley" style="height: 1em; max-height: 1em;"> 
 — Daryoush.sats (@TheRealDaryoush) <a href="https://twitter.com/TheRealDaryoush/status/1736798089921384583?ref_src=twsrc%5Etfw">December 18, 2023</a>
</blockquote> 
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
<h5 style="color: #252525;">4) Check Market Caps and Compare Them With Others</h5> 
Price is merely a single measure of a cryptocurrency’s value. Investors prefer to use market cap to compare the values of different cryptocurrencies and provide a more thorough narrative. As a crucial metric, the market cap can reveal a cryptocurrency’s potential for growth as well as whether purchasing it is risk-free in comparison to alternative options. 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 Beginner investors are often too price-focused, and can be misled by high or low prices <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1fa99.png" alt="🪙" class="wp-smiley" style="height: 1em; max-height: 1em;"> 
 In this video, let's learn about what <a href="https://twitter.com/hashtag/crypto?src=hash&amp;ref_src=twsrc%5Etfw">#crypto</a> market cap is, why it's important, and how it can help you level up your analysis! 
 Watch the full video: <a href="https://t.co/lOJOtj9mmS">https://t.co/lOJOtj9mmS</a> <a href="https://t.co/DKI7mAZWGN">pic.twitter.com/DKI7mAZWGN</a> 
 — CoinGecko (@coingecko) <a href="https://twitter.com/coingecko/status/1592112978455048200?ref_src=twsrc%5Etfw">November 14, 2022</a>
</blockquote> 
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
There are three divisions of market caps: 
<ul> 
 <li style="color: #252525;">Large-caps cryptos.</li> 
 <li style="color: #252525;">Mid-cap cryptos.</li> 
 <li style="color: #252525;">Small-cap cryptos.</li> 
</ul> 
If a market cap is too large, the profit accrued might not be much.&nbsp; 
<h5 style="color: #252525;">5) Select Your Tokens Based on Narratives</h5> 
Tokens often surge based on their narratives. For example, DeFi coins were the big winners from the last bull market. So, we advise you to study the narrative you believe will trend and select your crypto gems from the pack.&nbsp; 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 The next crypto bull run could make you a millionaire if you play your cards right! <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f525.png" alt="🔥" class="wp-smiley" style="height: 1em; max-height: 1em;"> 
 Several explosive narratives have the potential to deliver life-changing 1000x gains! 
 Which are they? 
 A thread!<img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f9f5.png" alt="🧵" class="wp-smiley" style="height: 1em; max-height: 1em;"> 
 The name of the game is identifying and investing in the most promising… <a href="https://t.co/joZiBlvh4l">pic.twitter.com/joZiBlvh4l</a> 
 — Abhinav Kumar (@singhabhinav) <a href="https://twitter.com/singhabhinav/status/1735621121515422130?ref_src=twsrc%5Etfw">December 15, 2023</a>
</blockquote> 
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
Some of the biggest narratives of 2023 include: 
<ul style="color: #252525;"> 
 <li style="font-weight: 400; color: #252525;" aria-level="1">Layer 1s.</li> 
 <li style="font-weight: 400; color: #252525;" aria-level="1">Layer 2s (Optimistic rollups and ZK rollups).</li> 
 <li style="font-weight: 400; color: #252525;" aria-level="1"><a href="https://www.altcoinbuzz.io/?s=ai+coins" target="_blank" rel="noopener">Artificial intelligence</a>.&nbsp;</li> 
 <li style="font-weight: 400; color: #252525;" aria-level="1">Liquid staking derivatives.</li> 
 <li style="font-weight: 400; color: #252525;" aria-level="1">Real-world assets.</li> 
 <li style="font-weight: 400; color: #252525;" aria-level="1">Decentralized stablecoins.</li> 
 <li style="font-weight: 400; color: #252525;" aria-level="1">Blockchain interoperability.</li> 
 <li style="font-weight: 400; color: #252525;" aria-level="1"><a href="https://www.altcoinbuzz.io/?s=ordinals" target="_blank" rel="noopener">BTC Ordinals</a>.</li> 
 <li style="font-weight: 400; color: #252525;" aria-level="1">BRC-20 tokens.</li> 
</ul> 
Some of these narratives will continue to dominate. But others will have reduced engagement. Here is another <a href="https://www.altcoinbuzz.io/reviews/top-10-rules-to-spot-next-crypto-gems-part-1/" target="_blank" rel="noopener">article</a> with five extra tips to find your bull run crypto gems.&nbsp; 
<a href="https://www.patreon.com/altcoinbuzz" target="_blank" rel="noopener"><img decoding="async" class="aligncenter" src="https://www.altcoinbuzz.io/wp-content/uploads/2023/09/image-7-1-300x37.jpg" width="166034" height="20435"></a> 
<div class="youtube-embed" data-video_id="mUCIqIJ649M">
 <iframe title="CRYPTO BULLRUN ACCUMULATION SURGES | Whales are Buying These Altcoins" width="696" height="392" src="https://www.youtube.com/embed/mUCIqIJ649M?feature=oembed&amp;enablejsapi=1" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen></iframe>
</div> 
<h6>Disclaimer</h6> 
The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted levels of risk tolerance of the writer/reviewers, and their risk tolerance may be different from yours. 
We are not responsible for any losses you may incur due to any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments, so please do your due diligence. 
Copyright Altcoin Buzz Pte Ltd. 
The post <a href="https://www.altcoinbuzz.io/bitcoin-and-crypto-guide/top-10-rules-to-spot-next-crypto-gems-part-2/">Top 10 Rules to Spot Next Crypto Gems – Part 2</a> appeared first on <a href="https://www.altcoinbuzz.io">Altcoin Buzz</a>.

Top 10 Rules to Spot Next Crypto Gems – Part 2

Altcoin Buzz

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