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Some said I was lucky in picking the names over last few days 

I actually use a process. 

This is it

8-step process for token selection:

  1. Team Assessment: Evaluate the team behind the token. This involves researching their background, experience, and previous successes in the cryptocurrency or related fields. 
  2. Adoption Analysis: Look into the current adoption rate of the token. Consider factors like the number of active users, transaction volume, and partnerships. A token with a growing user base and partnerships indicates a healthy adoption trajectory.
  3. Tokenomics Scrutiny: Examine the tokenomics, which includes the supply mechanism (total supply, circulation, inflation/deflation policies), distribution model, and utility. Assess how these factors affect the token's value and sustainability.
  4. Product-Market Fit (PMF): Determine if there's a strong product-market fit. This means evaluating whether the token solves a real problem or improves upon existing solutions. A token with a strong PMF is more likely to gain long-term traction.
  5. Use Case Comparison: Compare the token’s use case to successful Ethereum-based tokens in the past. Analyzing similarities and differences can provide insights into the token’s potential for success.
  6. Relative Market Caps Analysis: Compare the market capitalization of the token with others in the same category. This can give an idea of the growth potential and whether the token is undervalued or overvalued relative to its peers.
  7. Chart Analysis: Conduct technical analysis by examining price charts, looking for patterns, trends, and signals that indicate the token's future price movement. This includes analyzing historical price data, volume, and other relevant technical indicators.
  8. Make sure I can trade it on JUP.AG: Utilize JUP.AG as a resource to swap/pair trade

Comments

Anonymous

Thanks

Anonymous

what is the main difference between JUP.AG and ORCA.SO?