Coinbase Listings - Beware (Patreon)
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Hi Team
Just had a Q pop in from a member here re new Coinbase listings and AXL token.
First - for any new listing you will most likely get your butt handed to you.
Second - sadly coinbase is still listing $hitcoins
Third - Coinbase now not only have AXL but also AXL INU - are u kidding me?
Fourth - the tokenomics of any new token are just awful.
Final note. I've been keeping my eye out for gems for years now. I look at Tokenomics, Tech, Product Market Fit, and Adoption. If it does not hit all 4 boxes I slate it. This stance has made me very unpopular as the way I see Crypto is there is an opportunity cost of investing in it - I could put $1 into Tesla or $1 into Bitcoin or $1 into Crypto.
Every new token has red flags galore and 98% are money grabs. Be careful out there.
The only items I would consider dabbling in right now are BTC ETH SOL FTM GRT and MATIC (and none are without their issues) but these are the best risk-reward I see for this next bull run.
Rem I am still 99.6% BTC ETH SOL.
SUMMARY: Look for items with low inflation under 10%, and half a million Daily Active Users, and a situation where insiders are not ready to dump it all on you.