By fairly assessing lower market cap coins, you will be able to look at the pumps from a comfortable position and be on top of the wave when it starts.
So start dig into the lower levels of the CoinMarketCap dashboard and find yourself among some crazy price action. These mind blowing gains might be difficult to find at this stage of the market, but double digit pumps are not uncommon.
Here’re tips to help you discover these hidden gems.
Find at least 8 coins that you think have potential
Ideally those you haven’t heard of or looked into before.
Not knowing about them will keep you objective when assessing how much potential they have.
And it’s better if these coins haven’t been extensively covered by influencers. Fewer eyes have looked into the coin’s potential.
Start by going to CoinMarketCap and look for coins from the second or third page onwards.
Check each coin out, one by one, and look for the following things:
• Price history: the coin should be trending up in time without any strange peaks or questionable trading volume throughout its history. By placing your cursor on the chart you’ll be able to see these changes. Now if these coins are newer (after the last bull market in 2017), the better. These coins will not have a clear price resistance which gives free rains for them to keep rallying.
• Discern between coins and tokens: is it a cryptocurrency that has its own blockchain (coin) or is it part of another one (token)? Ideally, it should have its own blockchain or it should be on one of the major blockchains (e.g. Ethereum, Cardano, Solana).
