🟣How to "DYOR"
First Things first, There is many factors that indicates that something has potential, you need to understand the metrics, use them as your advantage but also go have a look at different other metrics that doesn't have on chain relevance and make a educated decision to strategize your play.
"DYOR" Priority"
Contract Safety
Holder Ratio's
CA/Deployer Holdings
Lord Score Ratio
Volume
These are all basic metrics that you need to combine finding gems, or determine the short-longterm potential. There is no BOT that can do this for you. You need to understand, practice and execute with a plan on every opportunity. We show you the metrics that are really important on chain so you can know the risks and potential...
The next part is off-chain.
We want to make it easy for you, but also not to easy to miss crucial information. You will see many similarities and red flags by looking into every token "DYOR" process and you will start noticing your gut feelings be on point the more you notice what "good" or "bad" projects do or do not do.
Check Twitter and Analyze based on who's speaking about it, check latest posts from the ticker or the contract, In this case, IF you searched $GROK ticker or contract address, many people have pasted it and shilled it under Elon Musk's tweet and GROK just went live, Knowing Elon musk Tweets normally ends up being mooners, this was quite a easy choice to make as well as all the other data, that showed there was some good wallets in the top holders.
Also Find the Token/Project Twitter account and see the effort they put in, Is it just quick launch with a meme?, did they have some build up prior? Did they do any effort at all?
Analyze their efforts, It's easy to spot "shitty" quickly made 1 hour before the launch type of posts, banners, profile pictures.
Check for fake followers? Is their account created 1 day ago with 1 post and have 1000's of followers? This can be good or bad, most people wont look at this, but luckily if you know early, you know they are taking shortcuts & probably not work on the project long-term so you can make an educated decision timing your entry or exit, whether you buy a dip or not.
Find their Telegram account, check their "buybot" video, did they spend some time setting up their Community, Do they have useless paid shillers "hyping" up the chat with many "new" or fake accounts with no profile pictures, Familiarize yourself with the ADMINs in the group, try to remember their names, the mods. Sometimes new projects use the same "mods" over again with the same rugs or farm project over again so you might recognize them and instantly have a bad or good feeling about them.
Check their grammar, check their quality of their posts, replies, updates, & how active they are.
Go check their whitepaper, gitbook, website, check if its 100% Chat GPT, Trust me its easy to see, Overused words like "Thrilled to announce", "Pride ourselves", "Holistic/approach" "Revolutionize" and many more unique phrases that you will see. You just have to get the vibes, that its not 100% copied over and over again or that the team didn't hire sometime and paid them $5 for a quick website or a whitepaper creation, Experienced teams that's proud of their work don't do this, You might get a quick 5x here and there but on average you will get REKT. Remember this doesn't mean that you shouldn't ape, or try to make a play, just use this to know what's the real potential. If you know they trying to pull a fast, pull a fast one with them or keep it in mind, and don't sleep on your bags and wake up tomorrow with dust.
The most important factor that you need to be consistent with is checking new projects "Webites" especially if its a utility token, many teams replicate website, from templates and use them over and over again, changing the logo or colors, and then its a new token that they can farm with and do it in a few days again. Open the website, give it a browse, check for errors, spelling mistakes, unique identifiers that you drill into you brain that you can remember that. Next time you will find the exact same Website, same utility, same garbage with a different name but they didn't notice the spelling mistake and did it again. This can save you and secure profits early. You don't want to hold these tokens long-term but you don't want to miss them either. Let the odds in your favor.
You need to understand fake utility from real utility, or utility that is launching all over again, for example, Everyone used Maestro Right, they didn't have a token, here comes $UNIBOT we get an alert and it looks good, team is great, there is volume, with a legit use case, You want to place a bet on this at $100k MC, because you see true potential and many others will also see true potential. This is not a token where you just throw in 0.05 ETH and take your initials out in the first 2x. or Sell a full bag at 5x. You need to identify them, You need to take these tokens serious, and you need to be good at spotting these tokens early. So you can play them different, How many times have you aped 2 tokens with the same amount and the one you sold early was the one that ended up doing 100x. If you don't understand that and trying to buy the every token with a even risk ratio and try and take your initials out early, you will end up losing long-term. Accumulate when you need to accumulate, buy the dips if you can if a project is great. That's how you gain momentum with your bags. No lets fast forward, since UNIBOT there have launched many sniperBots, like seriously there is so many these days, and for a period of time, any sniperbot Utility project that can at least compete a little bit would have some attention right, so the next few tokens having the same utility might also do fairly good in the short-term. Now Maestro, Unibot have quite a userbase and a revenue stream which will take another DEV team significant resources to develop something that can match their standards or usability.
Now my question is? Would any of these small new bots be able to compare? No not really, so it wont have long-term potential to draw users and create revenue. The same way UNIBOT dit, Why would you move away from Unibot or Maestro if its really good. Unfortunately... Many of these Sniperbot Projects went to zero.
Then came BananaGun, They spent months building, bringing something that can compete with them, built a userbase and slowly gotten a few users that started sniping with Block 0 Tipping. The Lesson is, If you do your research you will be rewarded, You will get better finding good projects early. You don't need to get good at sniping, you don't need to follow whales, you don't need to wait for a caller to call the weekly top, you need to find the correct tokens to snipe or buy in early, even though you are 69th in Block 0. If it has good legs you're early.
If you had a good read, and this was valuable and it helped you be a better Yeet, or HODLer feel free to always point out some issues, or mistakes teams make so we can learn for that together and find long-term projects early.
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