Have you ever wanted to know the secret to making a project succeed on launch? Last year, I had the opportunity to interact with a CEO from a well-known launchpad and learned about a specific algorithm that can increase the chances of success for any project.
As an investor, it is important to be observant and look for certain criteria when considering a presale. While it can be difficult to access this information, the CEO shared some key points that can significantly improve the chances of initial success for a project.
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First, having a Tier 1 CEX can greatly increase the value of the token on the day of trading. It is common for projects to sign a non-disclosure agreement (NDA) to not disclose which CEX will be launching them, but they are allowed to mention that they have a Tier 1 CEX ready on launch.
Second, the token needs to have a clear and creative use, or "utility," that drives demand. If the project can clearly explain why the token is necessary, it will attract more attention from potential investors.
Third, innovation is often attractive to investors. If the project is doing something new and unique, it can greatly improve the chances of success.
Fourth, having credible partners can increase credibility and demand for the token. Well-known names from both the crypto and non-crypto industries can add to the success rate of the project.
Fifth, a strong and engaged community is crucial for creating hype around the project. Social media presence is important, and the number of followers should be matched by high levels of engagement.
In addition to these criteria, the team behind the project can also contribute to its success by implementing a market making strategy and synchronizing liquidity. These actions, while not visible to the public, can influence the price of the token.
Don't miss out on how Fetch.ai worked wonders for their native token $FET :
While not all projects aim for long-term success, many focus on achieving the highest return from their initial launch. Retail traders who buy at a high multiplier on the market may end up with losses that are difficult to recover. To avoid this, it is important to consider the aforementioned criteria and, if necessary, wait to buy at a more favorable price level. By following these guidelines and being aware of the algorithm for success, investors can increase their chances of making a profitable investment.
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