🧵 Thread #3: How to identify if a crypto is undervalued before buying on Binance 💰🔍
1️⃣ What does it mean for a crypto to be undervalued?
It's when its current price is lower than what it should actually be worth according to its technology, utility, and adoption. Buying there could be an opportunity.
2️⃣ How to know? Here are 5 keys:
📌 1. Market Capitalization (Market Cap):
Cryptos with low capitalization (less than $100M) may have more growth potential, but also more risk. Don’t confuse low price with potential!
📌 2. Active community:
A strong community on X (Twitter), Discord, or Telegram is a sign of interest and development. If no one is talking about the project, be wary.
📌 3. Constant development:
Check their GitHub or website. If the team continues to release updates, it's a good sign. No development = dead project.
📌 4. Real use cases:
Does it solve a specific problem? Does it have partnerships with companies or real integrations? That gives it value beyond the hype.
📌 5. Solid tokenomics:
Avoid coins with high circulating supply or with large amounts in the hands of a few (whales). Look for fair distribution.
3️⃣ Practical example:
If you see a crypto with low market cap, active community, and constant development, but it’s not trendy yet… you could be facing a gem.
4️⃣ WARNING:
Undervalued ≠ guaranteed. Always do your research. Never invest just because someone recommends it. Do your homework, buddy. 🧠✅
📌 Tomorrow in thread #4:
👉 How to know if it's a good time to buy a crypto or if it's better to wait?
🔁 If you liked it, share this thread with someone who wants to start on Binance thoughtfully. See you tomorrow! 🚀
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