Today let's talk about how to find brand new projects whose creators are not former participants in the crypto market, faster than others.
And so! Before a major project launches, it first conducts a Testnet, bringing in outside people to validate and test the network. During the testing phase, testers see:
- What funds are involved in the project;
How much money they have invested;
What the goals of the project are;
What kind of technology it is (some technical features)
And so on and so forth.
And if at the time of testing, a large number of people see some potential or new cool technology in the product. Such information about the project will quickly spread around the Internet. Bloggers (testers) start talking about the project, news about how some fund (Andreessen Horowitz) invested 50 million dollars in the project appears in the media.
Example: I think many of you have heard about Sui, that there's a Testnet there now, and that it's a fundamental project; that the funds are pretty much the same as those in Aptos; that there could be a huge amount of X's, the interest in the project is huge.
I think many of you are watching this project very closely. But, we don't know anything about the project's tokenomics. Projects don't talk about tokenomics until the coins are listed on exchanges.
We are the people who want to be in the 5%, i.e. to buy coins at a price at which 95% of 100% did not buy them. And before you buy coins you need to see and count the tokenomics:
What the number of coins in the circulating volume will be at the start;
When the funds' coins will go into circulation, and in what quantity;
At what price the funds were bought.
How many tokens the team and initial investors have is very important. Tokenomics gives an understanding of: who can influence the token, in what periods, and in what volumes;
If a team has more than 10% - that's a trigger to check it more thoroughly, the editors should fit into the 1%-5% range: if not - you should also study why;
If the listing of a coin on the exchange by its value in the X100 times passes the purchase by the funds, that day you need to understand the form of manipulation, which the team and the funds conceived. We will talk more about the manipulation in the next articles.
This analysis will very easily help to understand the coin and whether it is worth to enter (buy) it or not. Also in the process of studying the tokenomics of projects and forms of manipulation of funds, we gain experience. Analyzing next projects, we notice similarities: the same patterns of manipulation, as in other projects, those that we analyzed earlier.
Read in the next article: Aptos: What form of manipulation are the funds up to?