This article explains how to effectively research in the cryptocurrency field using platforms like GitHub, Discord, and X to avoid hype and identify true innovations.
Importance of Analyzing Crypto Projects
In bull markets, every token appears to be innovation. However, it’s essential to analyze what is truly behind the hype. Most retail traders rely on vague hype cycles which makes them vulnerable to losses. For successful identification of real crypto innovations, an integrated analysis of source data from GitHub, Discord, and X is crucial.
Using GitHub for Investigation
GitHub allows you to see the actual work of developers. The platform shows the frequency of commits, which indicates real development. It's important to track not just the number of commits but also the number of team contributors. By reporting actions through various metrics, GitHub serves as a reliable indicator of real developments, distinguishing useful projects from inflated promises. Focus should be placed on repository structure, presence of tests, and documentation.
Overview of Activity on Discord and X
Discord acts as a community platform where you can assess how actively users work together on projects. Attention should be paid to constructive conversations rather than only comments on airdrops. On X, developers and project founders share current information on their works, providing insight into the right direction for project development.
Thus, in order to conduct a quality analysis of cryptocurrency projects, it's essential to integrate data from platforms such as GitHub, Discord, and X. This approach will help avoid speculations and focus on real developments and innovations.