/biz/ - Business & Finance

Listen. We get it. You learned about Link a week ago from Barstool sports. You hopped in at $17, you're gonna make it, right? Probably. But, the real trick to cryptocurrency is identifying microcap coins before they pop (ideally in the first 24 hours)

Orbicular is a good example.

Oh but wait, it's a scam right? I haven't seen it on CNN?

Well, a good way to know is using this checklist.

1. Has the developed locked up all the liqudity?
2. Has the developer burnt all his remaining tokens
3. Has the developer created a contract which ensures no owner contract or the ability to mint more tokens

If your coin ticks off those boxes, move to volume. Has the coin reached $500k volume in 24 hours? That's a good sign. Orbicular is running towards $2 million.

Also, you want to make sure and try to get in before the first 1,000 wallets .... Orbicular is pushing 700 on the first day.

Also a GREAT sign is the low (but quickly rising) liquidity. This started at about 1/5th the amount and by tomorrow may be in the $150k - $250k range. This means people can only buy in smaller increments at first, making distribution even more fair. One of the benefits of no ICO, no presale, and no team wallets.

Anyway, just wanted to help. You'll get there eventually.