How to Spot Crypto Unicorns Early | CoinMarketCap

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How to Spot Crypto Unicorns Early | CoinMarketCap
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cryptotips: CMC presents you with four different ways to filter through the sheer expanse of cryptocurrency projects to find those that have a chance at pulling off an extraordinary performance. 🦄

We’ve all tried to summon our inner Nostradamus in a bid to predict the next big thing in crypto. But as you may be well aware, unicorns remain incredibly rare, and the vast majority of projects fail to achieve notable success, making it difficult to separate the gold from the chaff.

Here, we present four different ways to filter through the sheer expanse of cryptocurrency projects to find those that have a chance at pulling off an extraordinary performance.Join us in showcasing the cryptocurrency revolution, one newsletter at a time.

Unlike seed, private and pre-sale investments, ICOs, IDOs and IEOs are often accessible to casual investors — though there are usually some hurdles to jump through first, such as holding a specific token, winning a raffle or winning a gas war. With that said, it’s important to bear in mind that while a large proportion of the top 100 cryptocurrencies were funded by ICO/IDO/IEOs, these can be considered outliers. The vast majority of public sales do not generate significant or, sometimes, even positive returns. Because of this, it is necessary to do your due diligence and research before taking part.Despite being relatively new, the cryptocurrency industry has a remarkably developed investment and trading landscape.

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