π Everything about cryptocurrencies: from A to Z. Without complicated terms!
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1) Revealing the secrets of advanced analytics! No more settling for the basics. Let's go deep πͺ A more detailed evaluation of crypto projects helps you make informed investment decisions. Today, I'll share two key metrics that will help you look beyond what you're used to.
2) β‘οΈ Secret 1: Fully Diluted Marketcap (capitalization at full issuance) Sounds repulsive, but it's simpler than it soundsπ Helps you understand how much a project will be worth if all its coins are in the market. The lower the Fully Diluted Marketcap, the better for the project and more room for growth, as the project with the lowest price can eventually grow by a larger percentage. This indicator is determined by multiplying the current coin price by the maximum number of coins. Information about the maximum number of coins can be found on Coinmarketcap or search in the project tokenomics.
3) β‘οΈ Secret 2: Market Indicators These are the things that help you understand what's going on with a cryptocurrency. These include: 1. Falling off the highs 2. Rising from the bottom 3. Duration of accumulation Fall from the highs How much the cryptocurrency has fallen from its highest prices. The bigger the drop, the better - but this is only important for the most reliable and popular cryptocurrencies. Lesser known and trusted cryptocurrencies often fall and no longer recover.
I just completed "Infinity CUBEs: Across" on Layer3- https://app.layer3.xyz/quests/infinity-cubes-across If you want to get a drop from Layer3, then hurry up to fulfill this campaign! Layer3 has unveiled their tokenomics. There will be a total of 3.333 billion tokens. - https://app.layer3.xyz/quests?ref=0x31effD3E8161328bDa70c2857CB0Cb2Fa1c05f9e There will be steaking similar to Notcoin. That is, campaigns with rewards will be available for steaking $L3, as well as passive $L3 earnings. Communities will burn $L3 tokens for publishing tasks, giving out drops, and accessing CUBEs credentials. The community is allocated 51% of the tokens. The first two Airdrops have 7.5% allocated to the community. Airdrop 1 and 2 will distribute $250 million $L3 to OGs, community members, and S1 and S2 participants. The distribution between OGs and S1 participants will be 4 times that of S2. The snapshot of the OGs and Season 1 occurred on May 10, 2024. The season 2 snapshot will be taken on July 22.