Micro Cap UTILITY TOKEN EVALUATION

These should fit nicely into one of three categories

• Disruptive
• Innovative
• Competitive

 If it doesn’t, throw it out. For any new token to have a good chance of taking off. It must be disruptive, meaning it is a new process (like PoS was to PoW). It could also be innovative, meaning it has an entirely new function within the space that no other project does. Those two are ideal, but if there are similar projects, it MUST have a competitive edge of some kind or it likely will never take off.

MEMECOIN EVALUATION

 These have no intrinsic value. Their value lies within the community. If it has no use case and no plans for one, then look for the only other thing of value ot can provide–a grassroots movement. I.e., a social platform. This must be some common ideal or symbol that enough people can get behind and truly believe in. Memecoins have their power in the people. Also, look for community engagement and constant dev updates (or A++ community & no dev). But beware, any token with no utility is merely a fad based upon the social symbology that will eventually fade as the particular social narrative it speaks to fades.

PROJECT TEAM EVALUATION

 A very important part of any good token is a good dev team. Make sure you thoroughly research the dev team if possible. Things like a doxxed, reputable dev team are a huge green light. No developer info isn’t necessarily a negative thing, as its fairly common for devs to want to retain anonymity (even Satoshi Nakamoto is anonymous, right?), but willingness of a dev team to put their name on a project, especially when they have a reputation already, is a great sign that it is a solid investment.

CONTRACT ANALYZATION

Disclaimer: There is a LOT to unpack here. I’m not going to go into extreme detail, because if you’re even considering these investments you should already understand this. I’ll list a few very important tactics you should absolutely be using, but this needs a full guide in and of itself. If you’d like more details, leave a comment You’re looking for four very important things here. If all are not present, DO NOT BUY. IT IS LIKELY A SCAM!!! -No active contract owners -Locked liquidity pool -Low or no sell tax -Multiple buy/sell orders from different addresses Now let’s get in to how to find this information! One of the first things you do should be run the contract address through a chain specific token scanner. You can find many of these online just by searching ‘contract address scanner.’ Run the contract address through several to be sure. Tokensniffer.com tends to be one of my favorites as it seems to be the most reliable for catching all forms of contract manipulation. The contract scanners should give you all of the info listed above. However, it is still a good idea to view the token pair on dexscreener and scroll through the buy activity to make sure it doesn’t look suspicious. Look for things like repeated buy and sells of the same or similar amounts in a short time frame (could indicate market maker bots, which typically means its a pump and dump), or multiple similar buy or sell transactions executed in quick secession to different or the same wallets (usually the devs trying to pump and dump with multiple wallets to avoid detection).