{"id":134460,"date":"2024-07-30T12:00:07","date_gmt":"2024-07-30T09:00:07","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=134460"},"modified":"2024-07-30T02:13:13","modified_gmt":"2024-07-29T23:13:13","slug":"insights-into-evaluating-early-stage-crypto-tokens","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/insights-into-evaluating-early-stage-crypto-tokens\/","title":{"rendered":"Insights into Evaluating Early-Stage Crypto Tokens"},"content":{"rendered":"
The latest collaboration between Bitget and Nansen provides fresh insights into how to identify these valuable assets.<\/p>\n
On July 29, Bitget, in partnership with Nansen, unveiled its new approach to evaluating early-stage tokens. The exchange has listed over 180 tokens since April 2024, many of which are still in their infancy. Without extensive on-chain data, Bitget relies on alternative metrics such as community engagement, technological advancements, and token economics.<\/p>\n
The exchange focuses on several key factors: tokens should have a minimum of 4,000 airdrop participants, trading volumes of $1 million, and significant community activity with at least 10,000 Twitter followers and 5,000 active users on Discord or Telegram. Additionally, the tokenomics should ensure that the fully diluted valuation doesn\u2019t exceed 20 times the total funding raised. The credibility of investors and the token\u2019s release schedule are also critical.<\/p>\n\n
Nansen\u2019s analysis<\/a> <\/strong>offers a different perspective for more mature tokens, using on-chain metrics to gauge market activity. Their data highlights a strong correlation between metrics such as TVL and transaction fees with token prices for major platforms like Ethereum and its layer-2 solutions. As TVL and fees rise, tokens like ETH<\/a> <\/strong>and MATIC<\/a> <\/strong>typically see their prices increase.<\/p>\n However, this correlation is less consistent for other networks such as Solana, Avalanche, and Fantom, where the relationship between on-chain data and token prices varies significantly.<\/p>\n","protected":false},"excerpt":{"rendered":" Amid the flood of new tokens emerging daily, traders are constantly searching for those with the greatest potential.<\/p>\n","protected":false},"author":3,"featured_media":86343,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[22,24],"tags":[],"class_list":["post-134460","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","category-altcoins"],"acf":[],"yoast_head":"\n