Discovering Promising Tokens
Every major token surge is fueled by a compelling narrative. Your first step is identifying these trends.
1. Researching Market Narratives
Two essential tools for narrative research:
- X (Twitter): Search for "top crypto narratives"
- Dune Analytics: Explore Crypto Koryo's crypto narrative dashboard
2. Selecting Potential Tokens
Use these platforms to filter tokens by category:
- CoinMarketCap
- Coingecko
- DefiLlama
Conducting Token Analysis
1. Whitepaper Evaluation
- Thoroughly understand the project's fundamentals
- Locate the whitepaper on the project's official website
2. Key Metrics Assessment
Using Defi Llama, examine:
- Project information and TVL trends
- Token unlock schedules and holder distribution
๐ Essential crypto research tools
3. Team Due Diligence
- Investigate team members' LinkedIn profiles
- Analyze their professional background and past projects
4. Partnership Verification
Search Twitter for:
{Project Name} partnership/collaboration/announcementTechnical and Chain Analysis
Token Selection Criteria
When choosing tokens:
- Look for post-May 2022 launches
- Positive price trajectory
- Low market cap (higher growth potential)
- MCAP/FDV ratio near 1 (fully unlocked)
Fundamental Questions
Ask yourself:
- What problem does this token solve?
- Is the use case scalable?
- Does the roadmap outline clear milestones?
๐ Advanced market analysis techniques
Investment Strategy Development
1. Social Sentiment Analysis
Evaluate:
- KOL and VC engagement
- Community vibrancy
- User acquisition potential
2. Competitive Landscape
Analyze projects with 90%+ similarity
3. Entry Strategy
Consider:
- Dollar-cost averaging
- Market dip opportunities
Risk Management Essentials
Portfolio Diversification
- Invest in 10-20 thoroughly researched projects
- Spread across different narratives and sectors
Essential Research Tools
Chain Analysis:
- Dune Analytics
- CryptoRank.io
- Nansen
Trading:
- Etherdrops Bot
- Mest
- AlphaScan AI
DeFi:
- DropsTab
- Blockpour
- Token Metrics
FAQ Section
Q: How many projects should I research at once?
A: Focus on 3-5 high-potential projects initially to maintain research quality.
Q: What's the ideal MCAP range for growth potential?
A: Typically $10M-$100M market cap tokens offer the best risk/reward ratio.
Q: How important are token unlocks?
A: Critical - avoid projects with major unlocks within 60-90 days.
Q: Should I prioritize narrative or fundamentals?
A: Balance both - strong narratives drive short-term gains, fundamentals sustain long-term value.
Q: How often should I re-evaluate my holdings?
A: Conduct monthly reviews for active positions and weekly scans for new opportunities.
Remember, successful crypto investing requires patience, discipline, and continuous learning. Always prioritize risk management over potential gains.