How to Find the Next 100x Crypto Gem Before Everyone Else

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How to Find the Next 100x Crypto Gem Before Everyone Else

Aug 28, 2021, 7:00:23 AM News

Hundreds, if not thousands, of tokens, are released every single day on various blockchain networks, such as Ethereum or Binance Smart Chain (BSC). The majority of these tokens are either meme coins created by amateurs hoping to cash in on the cryptocurrency frenzy or frauds established by rogue developers looking to deceive naïve investors. However, hidden within this sea of shitcoins and scamcoins are a few jewels that would reward early investors 100x or even 1000x.

The cryptocurrency industry is a modern-day "gold rush," where a sensible selection can suddenly make an individual wealthy.

How do you discover these crypto gems?

There are only two things you must do:

  • Spotting a potential crypto gem ahead of the competition
  • Conduct immediate research and confirm its potential growth.

Sighting a crypto gem:

Being the first to see a potential 100x coin is essential. In traditional financial assets, friends and relatives of business founders frequently benefited from "insider trading," as they were the first to learn about a company's start. The beauty of blockchain's openness is that you do not need to be mates with the token creators. Every transaction is recorded on the blockchain. The question is what should you be on the alert for? Consider the journey of an early-stage cryptocurrency. Tokens must first be issued on the blockchain, and then liquidity provided to a decentralized exchange (DEX) such as Uniswap for Ethereum or PancakeSwap for BSC. Next, the token developers would implement the required restrictions, such as locking liquidity, to protect the investor's interest and inspire the required faith and confidence in them to purchase the token. This is followed by marketing and exchange listing. At this point of promotion, you will typically learn about such gems, but you are already late and there will be a huge number of competing investors.

However, is there a method to learn about a crypto gem even before marketing begins? It is indeed feasible; all of these activities, including token deployment, liquidity increase, and control measures such as liquidity locking, are recorded in blockchain transactions. You can indeed unearth a gem before everyone else if you hunt for such transactions. However, the challenge is sifting through this large blockchain haystack in quest of the needle of the relevant transactions. It is humanely impossible to constantly monitor blockchain explorers and analyze transactions in real-time.

Not to worry, a dapp has been launched that makes it possible to find hidden crypto gems for the very first time. Mudra Discover for the BSC network keeps track of the BEP-20 tokens when they lock liquidity in real-time. It also displays the liquidity value and liquidity lock period straight from blockchain transactions and smart contracts. The tokens with a decent liquidity value fixed for a year or longer are the ones that genuinely have a chance of becoming the next big cryptocurrency.

Researching and validating a crypto gem:

So you've uncovered a potential crypto gem, but should you leap in and invest? Not yet; you must undertake an in-depth investigation to discover whether there is actually a gem potential. This again needs an analysis of the basics of the token, which are all available on Blockchain, but incredibly time-consuming manually. T here is a dapp for this purpose as well: Mudra Research is the most advanced and comprehensive token analytics tool available. In a few seconds, you may learn all of the essential parameters related to each BSC token such as token ownership and whether any supply is burned. You receive a token contract source code analysis done and if the token is likely to be a honeypot which may limit holders from selling their share.  The liquidity for the token is evaluated and all the essential information like its current value and token percentage are captured.

With these two dapps, you may identify and research crypto gems considerably ahead of the competition, and who knows, you might be planning your next vacation in Hawaii or even putting a down payment for your private jet.

Published by Awad Rajpoot

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