👀 HOW TO IDENTIFY A POTENTIAL TOKEN?
Let's start with "tokenomics"
Instead of "buying randomly", you can ask the following questions to check before DCA:
1️⃣ Supply (Token supply)
➤ How many tokens are currently available?
➤ Will there be more tokens issued?
2️⃣ Utility (Token utility)
➤ What is this token used for?
3️⃣ Ownership (Token Ownership)
➤ Who controls the token?
4️⃣ Incentive program
➤ Is there a mechanism for token burning or profit sharing?
Personally, what do you think is an effective way to identify a potential token? Please comment below for others to research.