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The judgment standard of the crypto world Shiba Inu coin practical experience summary
Bought 50 meme tokens, failed 35, succeeded 15, studied dozens of meme tokens, based on others' experiences, summarized as follows:
Meme tokens project judgment criteria:
1. The more contract Address, the better, at least 3 or more;
2. There is an official website, Twitter, Telegram, Facebook, White Paper, Open Source code, Github code updates;
3. There are few airdrops, no pre-sale, private sale, IDO, everyone starts at the same starting line;
4. Dextool score is higher than 95;
The pool is over 400,000U;
6. Most of the holding Address are integers, representing that this project has sm, and there may be dumping after going online;
7. LP must have Lock-up Position, the longer the time and the larger the quantity, the better. Check at moonarch.app/.
8. The higher the community activity, the better. To determine whether the community is made up of real people or fake accounts, we need to see if the conversations are regular and not just aimed at getting people to buy.
9. If the project party discloses the person in charge, check whether the information of the person in charge is true. The information on LinkedIn can be falsified. Check if there is extensive work experience and interaction history.
10. Don't fantasize that holding a meme token for a few months or a year will make you rich by hundreds or thousands of times. That kind of opportunity is rare, and 99% of the time it's just being played for suckers. Sell when it rises a few times, don't get greedy, and go look for the next one.