5 things to check before buying any altcoin 🔍

Buying altcoins can look good on paper. But if you don’t ask the right questions, you end up being used as exit liquidity. Here’s what to check before you buy.

🔍 Token unlocks — If a huge portion of tokens is about to hit the market, expect sell pressure. Always read the vesting schedule.

🔎 Liquidity — A low market cap means nothing if there’s no liquidity. Can you realistically exit a $10k position without moving the price?

🔍 Use case and demand — Is anyone actually using the product? Or is it just another pump-and-dump coin wrapped in nice branding?

🔎 Team and backers — Who’s behind the project? If there’s no transparency or the team has a history of slow rugs, walk away.

🔍 Risks — If the code isn’t audited or is forked from a shady project, it’s not just a bad trade — it’s a security risk. Always check the audits and contract history to avoid honeypots and other scams.