How do we evaluate and choose cryptocurrencies?
Our analysis of cryptos that can do x1000 is mainly oriented around the trust we place in the founding teams to realize the promises announced in the whitepaper. Here are the steps that allow us to remove doubts:
Team behind the project: We highly appreciate having information about the founders of the x1000 cryptocurrency in question, such as the name of the company or the developers working on it.
Community: We carefully consult the social networks of the crypto analyzed, on X, Telegram or even Reddit, in order to judge the enthusiasm of the community and the announcements of the founding teams.
Features: We place special emphasis on the features highlighted by the x1000 crypto potential. Staking, interoperability, governance, rewards, every feature counts.
Project History: We also take into account the past of the project in question, such as the progress of the pre-sale, the first listings and the various events that may have taken place around this x1000 crypto.
Tokenomics: We analyze with an expert eye the tokenomics of the project, and more particularly the different token allocations. In our opinion, the cryptos that can do x1000 are held in majority by the community.
Conclusion
As you have understood, there will be new cryptos every year that will make x1000! However, with thousands of new tokens created and launched, it is absolutely necessary to place yourself on low capitalizations available in pre-sale or ICO that address a narrative that can be explosive, like new technologies.
Finding a low-cost crypto that has the potential to evolve is to do x1000 is therefore the result of a complete analysis work on crypto with explosive potential. It is therefore necessary to focus on new projects to multiply your chances of taking part in one of these projects.
Our teams have selected a few cryptos with x1000 potential like Wall Street Pepe ($WEPE) or Solaxy ($SOLX), but do not act as financial advisors. Indeed, we invite our readers to DYOR (Do Your Own Research) on these projects and make their own decisions on investors as volatile and risky as x1000 cryptos.