πDiscovering New Tokens
Using alright botty is Easy. Finding Tokens to Invest In? Not So Much!
There are three key steps involved in finding tokens to invest in:
Checking Tokens for Safety
Analyzing Tokens
Finding New Coins to Invest In
How to Check if a Token is Safe
DYOR (Do Your Own Research) β Always verify for yourself before trusting othersβ advice.
Before buying any token, consider if the LP is fully or partially burnt or not:
LP Burnt: If the liquidity pool is burnt, the creator can't withdraw funds, making your investment safer.
How to Research a Token
Once youβve done your safety checks, itβs time to analyze the token. Hereβs what to look for:
Social Media Presence: A good token should have active channels on Telegram or Twitter, showing effort from the developers and a growing community.
Market Cap: Lower market caps usually come with higher risk but may offer higher rewards. Be cautious, as small holders could have too much supply, making the coin volatile.
Website: A functional or funny website can be a good sign of legitimacy. A well-built website often reflects the developer's commitment.
How to Find Coins and Tokens
To find potential investment opportunities:
Dexscreener is popular platforms for filtering coins based on volume and time frames. Filter coins with:
Market Cap: Above $500k
24h Volume: At least $100k
Our token token alert channel is the best place to catch brand new token listings as they launch. However, please exercise caution when trading newly listed tokens, as they carry higher risks. These tokens are often more likely to rugpull, so make sure to do your due diligence before making any trades. Join here.
Social Media: Get involved in Telegram, Twitter, or Discord to stay updated on new tokens.
Join the alright botty Alert Channel to catch new token launches
Any new tokens launched on alright botty will show up here (as well as LP burn alerts):
π¨alright botty New Token AlertsYou can also check out tokens that are trending on alright botty
πTrending TokensOur alright botty community group is a great place to discover tokens with their own dedicated chat channels. All deployed with $5K+ in liquidity and fully burnt can be found here. Join here or read more below
πalright botty Community GroupConclusion: How to Find Tokens
While alright botty makes it easy to trade, finding the right coins is the challenging part. Remember:
Ensure the token meets basic safety checks.
Look for tokens with active socials and unique concepts.
Use platforms like Dexscreener to filter for promising coins.
Risks of Buying Memecoins
Understand the risks: Most tokens, especially memecoins, often lose value. There is no guarantee of success. Always approach investments with caution and do thorough research before purchasing.
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