The crypto influencer “Coin Bureau” (“@coinbureau” on Twitter) offers some tips for identifying the next big altcoins.
In a recently released video titled “Where to Find 100x Tokens Before It’s Too Late !!” the host of the show predicted that the current bull rally is coming to an end, which makes it of paramount importance to investors who Find the last remaining altcoin gems.
The Coin Bureau recommended looking into assets operated by Binance Smart Chain (BSC), telling followers that they are using the DeFi Leaderboard (Decentral Finance) and analytics website DeFi Station to break down more information on DeFiprojects Get BSC. He noted that DeFi Station is informing users whether or not the logs they are tracking have been checked.
The popular analyst also told investors that if they wanted to find the next 100 altcoins, their “best bet” would be to check BscScan’s “Yield Farms” list. He reminded followers of the risky and rewarding behavior of DeFi products and that most altcoins would make extreme profits before entering mainstream exchanges.
“Although some of these projects have already been labeled as possible carpet pulls, there is no way of knowing whether that label was made by a competing project. That means you have to find out whether these up and coming CeDeFi protocols (bridging central and decentralized financing) are carpeted or not.
“Once you’ve identified a promising CeDeFi token, the next thing to do is to buy it. For the most part, the CeDeFi token you’re looking for is only available on PancakeSwap, and possibly some sketchy centralized exchanges that you should absolutely stay away from. If the CeDeFi you are looking at is already listed on a reputable exchange like Binance, it is likely already having its most extreme gains. “
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