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57795513 No.57795513 [Reply] [Original]

The alts I picked aren’t doing anything

Did I pick the wrong ones? Or will they just move up later?

>> No.57795582
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57795582

>>57795513

>> No.57795589

>>57795513
paper hands nigga, wait a few days

>> No.57795601

>>57795513
they will dump until you sell

>> No.57795679

Man fuck this shit, shitcoins are pumping and my "serious" alts aren't doing shit

Its fucking history repeating

>> No.57795696

>>57795679
listen dumbfuck, when normies get in what do you think they'll buy? coins with cute names? or XLR coins with MUH BACKING that average normie has no idea how to even start to understand?

>> No.57796645

>>57795696
>this

Plus normies know nothing of tokenomics, maket cap, TVL, total supply, they tend to gravitate to what anon said above based of marketing or a cheaply priced token they can get a lot of coz "big number good"

>> No.57796736
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57796736

>>57795513
I'll effort post on how to research. Always DYOR
1st step: You need to understand the narrative (eg NFTs, DeFi).
2nd step: Does that specific crypto narrative have demand?
3rd step: Does the specific crypto satisfies the narrative, and does the token attached to the specific project have demand?
4th step: Is the project consistent with the crypto ethos of decentralization, opensource, sovereignty over your keys?
5th step: Is there demos?
6th step: does it have a low market cap? Are VCs waiting to dump?

EXAMPLE:
Narrative: SocialFi - decentralized social medias that are opensource, free to use, peer to peer, scalable etc.
Demand: As tech censorship of the masses increases (on issues of medical health/politics/economics/social issues) there is more demand for decentralized social medias that are decentralized wth no centralizing DNS or https endpoints, while maintaining scalability, speed etc.
CASE STUDY: plebbit $pleb.
Plebbit is an opensource, free to use, peer to peer social medias protocol with no https endpoints and no need for SSL certificates. Instead it uses the IPFS and ENS. This means it's actually decentralized unlike federated alternatives or projects like steemit.
Plebbit will allow board owners to advertise or not to advertise.
Users will be able to curate their feed wth subs that have and don't have ads.
ENS is used for board names.
NFTs could be used for avatars.
The token will be used to curate the default feed through a DAO.
As the protocols is adopted, more sub owners will want to be featured in the default feed so they can increase their subs popularity, earn ad revenue and perhaps even trade their valuable sub as an NFT. This will create demand while also satisfying the narratives demand by being apart of a social media protocol with a viable and novel design.
The token will also be used to vote on Dev issues in a DAO and tipping.
4.7m mcap no VCs 100% airdropped grassroots