How to ID Winning Coins

Screening for Gold

Author

Archie Royce
October 10, 2024

GET IT RIGHT

Dex Screener is a valuable tool for tracking meme coins as they emerge on the blockchain. Unlike CoinMarketCap, which tracks tokens with larger market caps, Dex Screener pulls information directly from the blockchain as soon as smart contracts are live. This makes it a go-to tool for traders looking to capitalize on early-stage tokens. 

Here’s a guide to filtering tokens effectively:

  1. Select the Solana Blockchain: In this example, the Solana blockchain is chosen for its promising token ecosystem. Selecting Solana ensures that only Solana-based tokens will appear in the results, focusing your search on a specific blockchain. 🗺️ 

  2. Filter by Liquidity: Set liquidity to at least $10,000 USD to avoid highly volatile tokens with insufficient liquidity. This ensures that when you enter or exit trades, the token price won’t experience extreme fluctuations due to low liquidity. 🥃 

  3.  Filter by Pair Age: It’s recommended to trade newer tokens that have been live for only a few hours, around 2-5 hours. This gives you the chance to buy in early before they become more widely recognized or inflated. 📁 

  4. Use Volume-Based Filters: Filter by 5-minute transaction volume, with a focus on tokens that have seen at least $10,000 in volume within the last five minutes. This helps weed out tokens being artificially inflated through small, frequent transactions. 📀 

  5. Sort by Pair Age: Sorting tokens by pair age will prioritize the newest pairs, giving you an edge in finding early-stage tokens before they trend higher. Applying this filter helps ensure you’re looking at legitimate projects with real activity behind them. 📃 

COIN SPOTLIGHT  📈

The blockchain industry is rapidly evolving and keeping up to speed can be challenging. In this installment, we are spotlighting underrated coins that have a competitive market cap but hold high potential to overcome the bullish run and shine with time.

Here are a few key coins to watch:

1. Notcoin (NOT) is a satirical cryptocurrency created to poke amusement at the myriad of altcoins within the marketplace making it the best undervalued crypto. Despite its funny origins, Notcoin has won a following and serves as a community-pushed challenge. Notcoin emphasizes the importance of networks and decentralization, offering a platform for like-minded individuals to interact and collaborate on crypto-associated tasks.

2. Wormhole (W) promotes an interoperable environment among different blockchains through its function as a blockchain interoperability protocol. Wormhole aims to raise the overall efficiency and interconnectivity of the crypto space by enabling the transfer of data and assets between multiple blockchains. This protocol has various uses such as DeFi, gaming, and NFTs, among others, that are supported by wormhole technology.

3. Aevo (AEVO) is a decentralized derivatives exchange targeted at options, perpetual, and pre-release buying and selling. The exchange makes use of a hybrid model, combining an off-chain critical restriction order e-book with on-chain settlement through smart contracts on Ethereum L2. This technique gives a high-overall performance, low-latency buying and selling experience even as keeping the safety and transparency of decentralized settlement.

4. Jasmy (JasmyCoin) combines the IoT and blockchain eras to democratize records. JasmyCoin permits stable and trustless data change, aiming to restore and protect character statistics sovereignty. Through edge computing and storing data on IPFS, Jasmy ensures decentralized and private statistics ownership. Users have full manipulation over their private facts on the Jasmy platform, where statistics may be transformed into private assets.

5. Aptos (APT) is an innovative and powerful Layer 1 blocking network designed with scalability as its foundation. It is tailored to push widespread usage of blockchain, making the technology more accessible and transforming. The network aims to create a blockchain that will enable Web3 to become widely used and enable a network of DApps to address real-world user issues.

/

FINAL SPIN 📽️ 

GOLDEN NUGGET 📚️ 

“The people who forced you to get vaxed to keep your job, let in 17 million unvetted, unvaxed and unemployed illegals into the country.” -- Let that sink in.