3 mistakes when analyzing new tokens that I have fallen into (and now do not repeat)
When looking at a new project, most people ask:
"Will it increase?"
→ But forget: How much will it increase? Based on what? Who is holding that token?
I have made the following 3 mistakes, which sound basic – but once made, you lose immediately:
🔸 1. Not checking the tokenomics unlock schedule
→ Thought it was low cap, but unexpectedly 70% of the tokens unlock in 2 weeks after listing → a 90% drop is normal.
📌 Now always check the vesting chart first.
🔸 2. Not investigating the wallets of the team/devs holding
→ Thought it was decentralized, but it turns out the devs hold 30% and are gradually selling it on exchanges.
📌 Use tools like Arkham, DeBank to check large wallets.
🔸 3. Only looking at the number of followers, not who is following
→ The project has 50K followers but 90% are bots, or just pages with cross-advertising.
📌 Now I look at mutual follow with reputable KOLs rather than just quantity.
🧠 New tokens are not easy. But don't rush to think it's "good" just because... you see people entering.
💬 What do you usually check when looking at a new altcoin?
Is there any additional checklist worth learning from?