The crypto world changes over time. Many successful new cryptocurrencies, such as DOGECOIN and SAFEMOON, have risen in popularity. The expansion of the cryptocurrency market provides ordinary investors with exponential returns and more unique opportunities to grow their wealth. While those kinds of gains are extremely difficult to come by in the crypto market right now. But there are some coins which we have no clue and they are ready to pump very soon.
Today, we going to tell you about a few factors that can predict a crypto price explosion, as well as the tips to find those coins that could pump and when they’re going to pump.
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Coins that could pump
So, now that you're ready to start buying cryptocurrency, the question is, which cryptocurrency going to pump soon? Although Bitcoin may seem like the obvious choice, it isn't always the best in 2021. A smaller coin that hasn't already been pumped up by institutional investors, like Bitcoin, may offer a better chance of a large payoff.
Let me show you how to spot a cryptocurrency before it explodes. The first step in locating a cryptocurrency pump. Before that happens, make a list of viable candidates, specifically at least ten coins or tokens that you believe have potential. Ideally, these will be cryptocurrencies you've never heard of or looked into before, as this will allow you to be objective in determining how much potential each crypto has. Not only that, but if you stick to cryptocurrencies that crypto influencers like me haven't covered. They're still not on most people's radar, so they have even more potential. These types of underground cryptocurrencies are typically found on the second and third thirds of the market. You know more down, more risk.
There are a few things to keep an eye out for here.
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The first is the cryptocurrency's price history, which can be seen on the bars below, (coinmarketcap.com) as well as any unusual price action or concerning gaps in volume.
Secondly, you need to see whether the cryptocurrency in question is a coin or token. A coin with its own blockchain or a token on ethereum, cardano, or solana is an ideal candidate. Any tokens on the Binance smart chain should be avoided at all costs.
The third factor to consider is whether the cryptocurrency exchange supports centralized exchange trading volume and market depth. The fourth thing to look for is a strong community, which can be easily determined by visiting that cryptocurrency's social media page. The ideal candidate will have a large following with an engaged community.
When they could pump?
So once you've put together a list of cryptocurrencies that could jump. The next step is to identify any upcoming events that could cause them to pump. Most people are unaware of this type of news until they see it in a headline, and to stay up to date, you must follow them on Twitter or check daily updates on those projects. Also some projects are already mentioned you know about them already so you can see when they can pump. Talking about delayed projects like these, Ethereum had a rough September. Here’s why and how it’s being fixed
Another is Shiba inu's recent Coinbase listing something which had initially been scheduled for June. Once you've identified any upcoming events or announcements that could cause the cryptos on your list to surge, the next step is to determine how long the surge will last.
In order to predict a pump, you must be able to think about the cryptocurrencies you own as both a VC investor and an ape. To make things easier, divide the candidate cryptocurrencies on your list into institutional and retail assets. You can check the crypto value on Coinbase.
How high it will go?
There are many different ways to calculate this, but the first thing you should look at is the market capitalization of that coin or token. The second method for determining how far a pumping cryptocurrency can go is to use technical analysis, specifically previous zones of support, moving averages, and various indicators.
To summarize, you should pay attention to the cryptocurrency in which you are investing because anything can happen at any time in the crypto world. We suggest you to do your own research. You can also check the live price of any cryptocurrency at coinmarketcap.com.
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