3 Ways How To Find The Next 100x Crypto Gem
Doing the right research is essential if you want to find the next 100x Crypto Gem. The 2 big questions when searching for such coins are:
- Where do I begin my research?
- How can I avoid scams?
The following 3 research methods are used by the most-famous crypto whales and have a very high success rate.
CoinMarketCap
CoinMarketCap is the most famous platform to do research in the crypto world. Not only does CMC provide you with important data (Market Cap, Volume, Circulating Supply, Price) of over 20,600 cryptos, but you can check data about all crypto exchanges as well as see upcoming ICOs and Airdrops.
The top metrics you should look at on CMC are:
- Institutional buyers
You can check in which projects the largest crypto VCs and hedge funds invest by going on CMC → Categories → Check institutions like VBC Ventures, Winklevoss Capital, a16z Portfolio, Electric Global, Fabric Ventures, BoostVC, etc.
- Trending projects
Right at the homepage of CMC you see a box called “Trending”. By clicking on it you’ll see which cryptos currently have the most in-/outflows and which projects are trending on social media.
- Market Cap & Circulating Supply
The Market Cap is an extremely important metrics when making an investment decision. The higher the market cap of a particular project is, the more safe it generally is, however the less the potential returns are.
The Circulating Supply shows how many of the coins are in circulation. Be careful of projects that have a circulating supply below 10% since many additional coins will be put out into circulation which decreases the crypto price.
Join Communities
Being part of a community is arguable the best way to educate yourself about upcoming trends and allows you to find hidden 100x cryptos. Not only will you expand your network while interacting in groups, but you can ask questions and mostly get honest answers.
There are 2 types of groups in the Cryptoverse:
1) Group of crypto projects
Most crypto projects have a Telegram group and a Discord where you can join and aquire important information about the project. We recommend to always join the group of a project and see whether people are actually engaging in the chat and whether the group has moderators and admins who are ready to assist you with questions.
2) General crypto communities
There are many great crypto communities out there, where people discuss potential crypto trends, macroeconomics, hidden gems, investment strategies and more. We at Crypto Hub have arguably the best community out there, since our community consists of people with different perspectives and a strong enthusiasm towards to crypto. JOIN US HERE!
Always make sure the people you get ideas from aren’t shillers (pumping up their own cryptos) or even scammers who want to trick you into transferring crypto to them. In most groups of projects, admins will not direct message you.
Follow The Right People
On the one hand, you find very intelligent people in crypto who try to educate their audience properly and who try to push crypto to global adoption. On the other hand, there are many “influencers” whose mere goal it is to generate clicks or manipulate their audience into buying crypto they hold themselves.
Here are a few crypto influencers you should follow on Twitter:
- Vitalik Buterin (Founder and CEO of Ethereum)
- Changpeng Zhao aka CZ (Founder and CEO of Binance)
- Crypto Hub (A top-notch crypto education ecosystem)
- Alex Becker (Developer and serial entrepreneur)
- Coin Bureau (Host of the largest education platform)
- Miles Deutscher (Crypto analyst with the focus on DeFi)
- Benjamin Cowen (Crypto analysts with the focus on technical analysis)
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