How you can determine the expected price for a new altcoin?

WalkerIVIV

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Quote from: kopijos on March 23, 2021, 03:07:08 AM

Quote from: kreditzcoin on March 03, 2021, 03:28:13 PM

So, empirically, we can make a list of variables affecting the value of a cryptocurrency before it is included in any exchange (without a specific order):

1.- Supply: more supply, lower price.
2.- Nodes: More nodes, higher price.
3.- Availability: If all the supply is available at launch, lower price. If the supply growths slowly, higher price.
4.- Exposition: More exposition (web page, media channels, etc), higher price.
5.- Protocol and software: it is new a innovative, higher price. If it is a copy of any other crypto, lower.

but for supply I see a lot of tokens with big supply but if supported by big exchanges they will be able to get good volume. Maybe the listing exchange could be a major factor for future token prices

Honestly, the total supply means nothing if there would be a lot of demand. The big exchange site has a very big community and this community was also coming from all of countries around the world.
As long as the coin can get the hype even a coin like ripple with so many supply can reach a few dollars as its ATH.
FOMO is real

kopijos

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Quote from: kreditzcoin on March 03, 2021, 03:28:13 PM

So, empirically, we can make a list of variables affecting the value of a cryptocurrency before it is included in any exchange (without a specific order):

1.- Supply: more supply, lower price.
2.- Nodes: More nodes, higher price.
3.- Availability: If all the supply is available at launch, lower price. If the supply growths slowly, higher price.
4.- Exposition: More exposition (web page, media channels, etc), higher price.
5.- Protocol and software: it is new a innovative, higher price. If it is a copy of any other crypto, lower.

but for supply I see a lot of tokens with big supply but if supported by big exchanges they will be able to get good volume. Maybe the listing exchange could be a major factor for future token prices

7788bitcoin

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Quote from: tygeade on March 12, 2021, 02:25:32 PM

Basically it depends on the launch and that's why I think it will not be that crazy to think that some will go up, some will go down, some will stay the same for a very long time but the most likely is up or down, I have seen a coin go from 2 dollars to 380 dollars to 14 dollars all within 5 hours of launch just today, so I can say that anything is possible.

These are crazy times and it sure does anything is possible in this market situation and which coin you are talking about which went from a couple of dollars too $380 and then back to $14 in the past few days. I am not following the entire market especially the new market which i always view as very high risk because i have seen many scam projects and you never want to burn your hands.

Fatunad

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Quote from: ?? on ??

the value of a newly launched coin is highly dependent on market demand, if the market demand is so large then the value of the coin will increase, and the team that manages the project must also be able to optimize everything needed so that many investors are interested in owning the coin, and the features used are also very influential as the blockchain system is very instrumental in a project.

Surely the price of launched coin will be at the maximum. Even 10$ is not a surprise.But the thing is it oblivious to increase on decrease. When the project is decentralized, the growth is seem a original one.If centralized project, project can do fake pump to get investment.

Success cant really be determined wether the project is centralized or decentralized but we know on what are the things been preferred for those people who are engaged on crypto
which should be on that decentralized way of things and that you can really make out some presumptions for you to choose one.Expecting something on a project
isnt really that much of a suggested thing for you to think off because not all seems good would totally get some value and basing on the number of
coins in the market then determining which one is good is already a hard job, how much more on predicting prices?Its impossible.

el kaka22

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Quote from: slaman29 on March 22, 2021, 07:42:34 AM

Quote from: HaekalZ on March 21, 2021, 09:45:00 PM

Based on experiences, The way i determine the expected price for a new altcoins are :

1. Read the whitepaper of the Coin
2. Check on the coin's team and developer
3. Make sure to check when will the coin will be release and in what exchange
4. Read the goals of the coin's project and who they will be cooperate with
5. If they have a solid team and goals, then that new coin will be huge in the future.

Except, if you look at most of the new coins right now being listed, especially on Defi (just go and use sushiswap for example and see yourself).

1. No whitepaper.
2. no team and dev or maybe anon.
3. IDOs no exchange listing.
4. No info
5. No info.

Yet people still pour money and farm them all. And they go up and up in price for no apparent reason other than to gain more sushi and more cake or whatever.

When most do not do it, that is not a problem because now that is the common thing. There is whitepaper in almost all the things I have invested into, it just turned to "documents" because you can find all the things you need in those, not like many were reading it anyway but made it into simpler so that people can understand it simpler.

Team exists, not like coins were created out of nothing, they just do not share who they are but like I said if many projects hide it, why would that be a problem. I think new projects that are actually good could cause a big problem for centralized ones, I just think it also has a lot of people who are there to rug pull and that is the problem, finding which one is rug pull and which one is serious. I do not think that we can separate the two when the job is done amazingly, sometimes scammers just work so hard to scam people so you get fooled as well.

roosbit

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Quote from: slaman29 on March 22, 2021, 07:42:34 AM

Quote from: HaekalZ on March 21, 2021, 09:45:00 PM

Based on experiences, The way i determine the expected price for a new altcoins are :

1. Read the whitepaper of the Coin
2. Check on the coin's team and developer
3. Make sure to check when will the coin will be release and in what exchange
4. Read the goals of the coin's project and who they will be cooperate with
5. If they have a solid team and goals, then that new coin will be huge in the future.

Except, if you look at most of the new coins right now being listed, especially on Defi (just go and use sushiswap for example and see yourself).

1. No whitepaper.
2. no team and dev or maybe anon.
3. IDOs no exchange listing.
4. No info
5. No info.

Yet people still pour money and farm them all. And they go up and up in price for no apparent reason other than to gain more sushi and more cake or whatever.

IMO, Defi is toxic to the crypto ecosystem!!! Just looking at all the points raised this is a red flag when trying to invest in a crypto without them!
But AFAIK currently we kind of excited with bitcoin and all other alts smashing new all time highs and all, we too busy to check for all these basic characteristics of a good coin which is why I can never invest in a project without some of these characteristics because if I were to put it in simple terms such projects are just after our money with no real problems to solve...just my 2cents.

slaman29

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Quote from: HaekalZ on March 21, 2021, 09:45:00 PM

Based on experiences, The way i determine the expected price for a new altcoins are :

1. Read the whitepaper of the Coin
2. Check on the coin's team and developer
3. Make sure to check when will the coin will be release and in what exchange
4. Read the goals of the coin's project and who they will be cooperate with
5. If they have a solid team and goals, then that new coin will be huge in the future.

Except, if you look at most of the new coins right now being listed, especially on Defi (just go and use sushiswap for example and see yourself).

1. No whitepaper.
2. no team and dev or maybe anon.
3. IDOs no exchange listing.
4. No info
5. No info.

Yet people still pour money and farm them all. And they go up and up in price for no apparent reason other than to gain more sushi and more cake or whatever.

HaekalZ

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Based on experiences, The way i determine the expected price for a new altcoins are :

1. Read the whitepaper of the Coin
2. Check on the coin's team and developer
3. Make sure to check when will the coin will be release and in what exchange
4. Read the goals of the coin's project and who they will be cooperate with
5. If they have a solid team and goals, then that new coin will be huge in the future.

senyorito123

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Quote from: lixer on March 19, 2021, 12:18:52 PM

There is nothing wrong with putting a small bit of money into something that you suspect could go up, I personally do not put that much money into new altcoins because even if they look good, others may not believe the same thing you do. You have to realize first days of a coin is not the real value of the coin, it is what people value it for being new and they make crazy moves, after a week you will see the real price of the coin for sure but first 2 days is very crazy.

If everyone agrees that it is a great coin there will be a lot of buys and it will skyrocket but it will go to a price that is so high that people will end up not even believing the price should be that high and even if they like it they will still sell to buy later from lower. If they think it is a bad project they will sell their airdrops and price of a coin will keep dropping the worse it gets.

Knowing new Altcoin is best to do, but the question is how to determine the expected price of new altcoin. We all know the fact how crypto market moves, its value is not stable. I guess best to do is monitor such coin and know its background. How and when that altcoin created, who are the people behind it, what's it's function how it works and it's goal or target. Knowing those things is a great help in determining the value in the future.

lixer

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There is nothing wrong with putting a small bit of money into something that you suspect could go up, I personally do not put that much money into new altcoins because even if they look good, others may not believe the same thing you do. You have to realize first days of a coin is not the real value of the coin, it is what people value it for being new and they make crazy moves, after a week you will see the real price of the coin for sure but first 2 days is very crazy.

If everyone agrees that it is a great coin there will be a lot of buys and it will skyrocket but it will go to a price that is so high that people will end up not even believing the price should be that high and even if they like it they will still sell to buy later from lower. If they think it is a bad project they will sell their airdrops and price of a coin will keep dropping the worse it gets.

kreditzcoin

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Noso project developer.

How could be a open source, not premined project a scam?

The network hashrate minds something for the value? I mind, higher hashrate = more difficult to mine the coin, so it should be an indicator.

javainn

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Quote from: krisnajsadrak on March 03, 2021, 12:31:36 PM

first i will read the whitepaper from the new altcoin carefully, because all informations about the project will be there
then i will try to know the team behind the project mate,
because even the project has a good whitepaper but if the team didn't seriously develop the project
i believe the project will have no value even dissapear
but, if the alt bring new technology and features also created by a great and professional team, for sure the project will grow mate and of course investors will get a good profit

in the whitepapper I always try to see the background of the team. whether a team member has ever been a scamer or not. because if the team has been proven to be a scammer on the project, of course the token price will remain low even though it is supported by even a large exchange. So I think it is a virtue of examining the entirety of the project and the team members.

fullhdpixel

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Quote from: geegaw on March 14, 2021, 09:26:43 AM

Project quality and marketing programs are really important, as long as the project creates enough noise in the market and gets the attention of major exchanges, combined with the big bosses, the project will certainly be priced relatively high in the market, it is not known how much it will increase but higher than expected price is normal. However, the basic theory in this analysis also cannot compare with the needs of whales, they can confuse investors like us and misidentify prices, so I rarely dare to venture into new projects even when they make huge profits.

Marketing could be used for shady stuff as well, that is why you have to be very careful about what you are getting into. For the defi world, I can say that getting audited is very important, especially when Certik audits a place they rarely run away, who would build something that would pass an audit and makes them insane amount of profit? Plus, it is decentralized so the money they could run away with would become very small compared to what they could make if they wait.

Moreover, we are dealing with something that is not definite, we do not have exact data to locate how much it should worth, we do not have anything that would be like "if x happens then price is y" type of deal, so there is nothing we can do to actually calculate it. In fact there is nothing that calculates bitcoin price future neither, we do not know what will happen with any of them.

republicrypto

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Keep it Simple guys :)

Quote from: ?? on ??

There are many factors that influence the price of a currency. Including the quality of the project, the success of the advertising program and how they approach investors.
If investors believe, the currency will have a high price and vice versa, the currency will die if investors do not believe in it.

yes, its about trust from the investors to the project especially the team
wich mean, the team should do the best for their project, and always improve their project to the latest trends in crypto industry
i believe sooner or later the price will spike up
regards

slaman29

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Quote from: ?? on ??

There are many factors that influence the price of a currency. Including the quality of the project, the success of the advertising program and how they approach investors.
If investors believe, the currency will have a high price and vice versa, the currency will die if investors do not believe in it.

Trust me, when you've spent years in the space, then you realize sometimes quality of the project has very little to do with price. Take a look at memecoins like DOGE which had no development for over 2 years or TENDIES which was a total "defi doge".

No quality or development to speak off and still the market was hungry for them.

geegaw

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Quote from: ?? on ??

There are many factors that influence the price of a currency. Including the quality of the project, the success of the advertising program and how they approach investors.
If investors believe, the currency will have a high price and vice versa, the currency will die if investors do not believe in it.

Project quality and marketing programs are really important, as long as the project creates enough noise in the market and gets the attention of major exchanges, combined with the big bosses, the project will certainly be priced relatively high in the market, it is not known how much it will increase but higher than expected price is normal. However, the basic theory in this analysis also cannot compare with the needs of whales, they can confuse investors like us and misidentify prices, so I rarely dare to venture into new projects even when they make huge profits.

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Quote from: ?? on ??

There are many factors that influence the price of a currency. Including the quality of the project, the success of the advertising program and how they approach investors.
If investors believe, the currency will have a high price and vice versa, the currency will die if investors do not believe in it.

Factors which are really the common thing needed for a project to succeed which is totally on the relevance or usage of the project.It would be just pure shit if a project just rose up without
any reason for it to be adopted or supported specially if its been hyped. Quality and the way they do market out their project is one of the most important things.Determining these factors
first might really help into your analysis towards its possible price but dont anticipate or expect too much because not all would really go as supposed to be even
if you do saw that this one is really a good one but it is still depending to the community for whom to decide on which one will really be supported.

MCobian

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You have to make your projects attractive to many investors, because the price for new altcoins when opening a trade depends on the demand for
these coins. Therefore, many new projects have created bounty campaigns in order to collect as many investors as possible. This can help the coin
price go up when listing on exchanges. My next suggestion is to register any new projects that you make on popular exchanges, so that the demand is
even higher. Because nowadays many large investors will only invest if the project is listed on popular exchanges.

cabron

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The marketing and how useful the project like what problem it solves could be a factor in whether there will be investors to buy your token (noso), if it doesn't have a purpose, your token will just be one that will just be swept under the rug.

Releasing a token today that has no extra special properties to it will just be a waste. When platform tokens came out in 2016 such as WAVES and NEO they were very much valued as the future tokens, somehow today only the old investors keep stacking them.

bayudndy

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I'm not sure if it is true, but I still apply it often to projects that I am involved in. For a new project that needs many elements to create, when they are ready, I will try to find and compare that project with similar interests as previous projects, and from there to determine The capitalization circulating in the market and watching the amount of coins circulating can be approximate to the price, however this is not always true for me.

Topic: How you can determine the expected price for a new altcoin? (Read 582 times)