Why you should understanding the tokenomics of new Cryptotoken before buying it?
Everyone is expecting and thinking someone any youtuber or a researcher should tell such a coin who can make me multi-millionaire.
#Steemit Crypto Academy Contest Season12 Engagement Week
Are you also thinking in the same manner?
Then this post is for you.
Keep some points in the mind before selecting any project.
Founder: Always check the founder and see whether they previous projects are not in debt.
Size of team: small team probably can ve a fake.
Tokenomics: How concisely crypto token is floating in the market that stats is crucial for token price.
Community: How big is the community.
Which exchange they are planning to be listed.
Price: See the peer project which are already listed on markets.
Funding Round: How they plan or DAO planned if something was not working.
Assets: Do they have already assets?