So I was bored today after coding lots of hours a new crypto project unrelated to this, and I decided to make a stupid and simple bot that will simply notify me when a token on BSC or ETH goes over 500 holders, 1000 holders, 1500 holders, and 2000 holders.
Holders doesn’t matter since the team sometimes airdrop tokens to random wallet address that holds BNB token to fake the number of holders.
The locked LP volume is still the most effective way to watch the token progress in terms of adoption since no one will locked tokens unless they are heavily invested on the project. I witness many scam crypto project that fakes everything community, price action and other factor that will mislead people to think that there’s demand already on the project.
Locked LP is the safest metrics to track a project.