The biggest fear of investors in the decentralized space is scams and fraud.
With a few simple tactics that I will share, you will be able to quickly analyze projects on the BSC network.
Search for the token's CA or name on Twitter - Check if the token's rise is due to a single person's post, a celebrity's launch, or just speculation. After a few tries, you will learn to spot patterns quickly.
Beware of ads and Dexscreener increases - Project owners often sell tokens to cover heavy advertising or increase costs on Dexscreener. Be wary of projects with excessive increases and promotions.
Copycat tokens in new trends - When a token is launched on a trending commodity, many copycat versions follow. The release of these copies can positively affect the price of the original token.
These insights are based on experience and you can test them yourself through research. This is not Financial Advice!
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