James Henry
Active member
Finding a promising altcoin early requires thorough research and a strategic approach. Key factors to consider include:
- Market Potential: Analyze the problem the project aims to solve and its target audience.
- Technology & Use Case: Assess the uniqueness, scalability, and real-world application of the project.
- Team & Partnerships: Verify the experience and credibility of the development team and their strategic collaborations.
- Community Engagement: A strong, active, and supportive community often indicates long-term potential.
- Tokenomics: Evaluate supply, demand, utility, and vesting schedules to understand sustainability.
- Roadmap & Development Progress: Ensure the project meets its milestones and has a clear vision for growth.