Content pfp
Content
@
0 reply
0 recast
0 reaction

checkra1n.base.eth pfp
checkra1n.base.eth
@checkra1n.eth
Part 1 Let's simplify how to evaluate the potential of a token using simple terms and engaging examples, so it's understandable even for a child and interesting for your grandmother. 1. Market Size, Supply, and Vesting (waiting period). Imagine you have a huge cake (this is our token), but you can only eat a tiny slice now, and the rest only after a year. If the cake is very big and the slice is small, you'll have to wait a long time to enjoy the whole cake. Similarly, with tokens: if only a few tokens are available at first, and the rest will be available only after a long time, it can affect their value. 2. Investor Tokens. If you bought a lot of toys at a low price and now can sell them at a higher price, you'd probably want to do that. Similarly, investors who bought tokens cheaply might want to sell them when the price goes up to make a profit.
2 replies
1 recast
4 reactions

checkra1n.base.eth pfp
checkra1n.base.eth
@checkra1n.eth
Part 2 3. Stories and Trends. Like in fashion, there are trends in the world of cryptocurrencies. If everyone is talking about a new cryptocurrency as the new cool toy, everyone will want to buy it. But if no one is talking about it, there won't be any demand. 4. Token Utility. Some tokens are like good tools; they can do a lot, and therefore people value them. Others are like useless toys that nobody wants. Now let's look at the LDO token: - It's like a big piece of a popular cake (a token from a well-known project). - Many pieces have already been given out (a large part of the tokens are already in circulation). - The cake is neither too big nor too small (the market size is moderate). - The cake can be used not just for eating but also for decorating the table (the token has multiple functions).
1 reply
0 recast
1 reaction

checkra1n.base.eth pfp
checkra1n.base.eth
@checkra1n.eth
Part 3 In the end, if everyone starts talking about how tasty this cake is (if Ethereum and its ecosystem become popular), then the price of LDO could rise. But remember, this is not an action recommendation, just an example for understanding. I hope this makes it a bit clearer on how to evaluate tokens. And remember, it's always important to do your own research and not rely solely on others' opinions! 😊
0 reply
0 recast
0 reaction