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How to Identify Cryptocurrencies That Will Explode and Rise Quickly? Secrets Not Shared by Professionals
In the world of cryptocurrencies, every investor's dream is to discover a coin before its value "explodes" and yields massive profits. But with thousands of coins in the market, how do you distinguish the promising coin from the others? In this article, we reveal the most important methods used by professionals to identify coins that may rise quickly.
1. Study Trading Volume and Liquidity
One of the most important indicators that a coin may be on the verge of exploding is a sudden increase in trading volume. When trading volume begins to rise, it means there is significant interest in the coin, which could lead to a rapid price increase.
Tip: Monitor the daily trading volume and compare it to the monthly average. A sudden spike may be an early signal.