While most individuals within the crypto space understand that an active community is essential to a valuable project, it’s often overlooked as the most paramount indicator of the price movements of a cryptocurrency. A strong community provides an unrivaled tool in gaining exposure and attracting supporters through constant activity on social media, in-person interactions, and community initiatives. Projects like Dogecoin, Monacoin, and Verge live and die by their communities, and a thriving community typically suggests an explosive price.
Top 4 Project Aspects You May Be Overlooking
For traders and hodlers alike, it's of utmost importance to assess potential projects to determine whether or not they have a strong future and are worthy of one's interest and investment. While factors like strength of teams, trading volumes, current and future products, and roadmaps are essential, they only represent a handful of numerous metrics from which value can be determined.
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