5 Points to analyse any Cryptocurrency and its future VALUATION

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Core Team and their VISION, USECASE , Financials , Exchanges they are listed on and are going to and SECURITY of the platform are the points we are going to look after in the further article.And I believe you would enjoy the journey and would be able to easily analyse crypto on your own. We would also try to have an example to easily understand the point.

  • CORE TEAM AND THEIR VISION : The most important feature you should look for in my belief is to know about the team . Their activity , involvement in development of project would help to add value for the project . Thereby increasing the value of token. Example for the same I would take is PHT(Phoneum) - project I have been following for months. You might not be aware of this , but the most interesting part is the involvement of their team  in the project. They have newly introduced PHTG (Phoneum Green) on the platform which is in development phase. You can have the knowledge of project by reading about in earlier articles. 

                                                                                   

  • USECASE :  This helps the investor to use their crypto to avail different benefits,. This can seriously affect a crypto value . Example for the same is BITCOIN {The mother of all cryptos} dump from ATH to Lower circuit when Tesla refused to accept BTC as a payment. So look after it.

 

  • FINANCIALS :  It is the most important aspect for any other investor but I consider it to be the least  but important in the list. It refers to Coin Supply, Market Cap, Volumes , High  Lows, Liquidity etc which are simply some numbers but of great significance., So have a look on it. It is said as a norm More the  Liquidity, More Safe is the Coin . It is required to avoid PUMP AND DUMP schemes.

 

  • EXCHANGES THEY ARE LISTED ON AND ARE GOING TO LIST ON :  This helps people to exchange assets and would also help to add new investors. It is said to have tokens that are listed on numerous exchanges to ensure safety and avoid losses along with gain. and also we should be aware of new exchanges our coin is going to list on as would add up new investors and increase the value of token.

 

  • SECURITY : Crypto being an online asset is susceptible to certain threats from Hackers and being decentralized , it is almost impossible to retrieve cryptos that hackers steal . In recent times certain Coins have come under scrutinisation. GeoDb is the recent project I have come to know. Hackers stole about 4 Million Coins and dumped over different exchanges. It has lost over 50% of its value in  hours . The project is still great but investors suffered losses due to Security reasons. The project has an active and enthusiastic  team but were not able to resist such attacks.

                                                                                          

THANKS FOR READING.

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