Investing.com: How to Find the Next 1000× Memecoin to Invest in: Essential Things to Know

Investing.com: How to Find the Next 1000× Memecoin to Invest in: Essential Things to Know

Investing in meme coins is not a stroll in the park if you want to hit it big and earn good returns on your investment. Meme coins have risen in popularity in recent times, all thanks to Elon Musk and his antics with Dogecoin. It is important to know that most of these coins are scams and are there to defraud unsuspecting people of their money. Therefore, if you want to put your money in meme coins, you need to be very careful and seek out the right information to guide your choice.

Finding a meme coin with 1000× potential is like looking for a needle in a haystack. However, with the right guidance, you can know how and where to look for the rare gem that will hit the moon. The boom in the crypto market in 2021 led to the proliferation of new tokens almost on a daily basis. Most of these new coins vanish within few weeks of their launch, leaving a trail of “bleeding” investors in their wake.

However, the meteoric rise of meme coins like Dogecoin and SafeMoon is evidence that investors can make good money. All you need is the ability to identify the tokens with huge potential early enough. In fact, it is possible to have 1000× on investment in the crypto space but only with good research into meme coins.

 

How to avoid Rugpulls and minimize risk

When investing in meme coins, avoiding rugpulls is also as important as identifying the right coin. With my experience in analyzing lots of crypto projects, I can tell the signs of s crypto rugpull. This observation is primarily for coins launched on DEXs like PancakeSwap and Uniswap.

 

Study the initial token distribution

Developers of new tokens have the power to distribute the initial token supply the way they want. Most times, you see these dev teams give a huge chunk of the tokens to themselves and, in some cases, to a crypto celebrity. When you see such things, you need to tread with caution. Since these people did not buy in like the rest of the investors, they can dump their holdings at any time. The best option is to go for tokens put up on PancakeSwap or Uniswap for anyone and everyone to buy.

 

Ensure you know who owns the liquidity pool

For the scam meme coins designed to defraud investors, you see the developers owning the entire liquidity pool. The implication is that these developers can remove the whole pool, including the ETH and BNB, inside the pool. This is a perfect setup for painful rugpull. The majority of the liquidity pool should be held by the burn address designated with something like “oxoooo…”

Investors should also be wary of tokens that have high transaction fees, as this is likely a ploy to discourage people from selling their coins.

 

The Search for Meme coin with 1000× Potential

When investing in meme coins, maximizing the reward should be the utmost goal. Therefore, to achieve this goal, you have to substantially reduce risk by eliminating rugpulls and then identifying the coins with the potential to reach the moon. Things to look out for include:

 

The mission of the dev team

Create time to hang out in the token’s community to know what the dev team always talks about. If they talk about long-term focus and community building, then that’s a good sign. You should stay away if they are always talking about pumping the price and pressuring people to buy. Check if they have a whitepaper with a real and actionable vision and mission.

 

Is the meme coin cute with real potential?

The fact is that cute tokens often always win the market share because people love to buy adorable tokens. Those who follow Dogecoin must have learned not to underestimate the potential of a memorable puppy.

 

Some promising meme coins to consider

Following the above analysis, here are a few meme coins with good potential to invest in.

  • BabyDoge – deflationary meme coin that is designed to be scarce with time. It is cute but also comes with a lot of BITE!
  • MiniDoge – first auto-boost and hyper deflationary coin in the crypto market
  • CorgiCoin – one of those coins that is exclusively community owned. All the tokens are locked on PancakeSwap and the keys are burned.
  • CateCoin – a special coin designed to be used on meme platforms where meme creators get paid in CateCoin after submitting their memes.

“1000X is just a dream to many, it has a lot of risks that come with it. You need to study the project properly from its team members to their tokenomics. You have to ask them where are their revenue streams too. Lastly, look carefully where they are listed. Some exchanges are safer, more reputable than others. Always do your own research.” Anndy Lian, Chairman for BigONE Asia and Chief Digital Advisor for Mongolian Productivity Organisation commented.

 

 

Disclaimer: The information contained on this article is provided for educational purposes, and does not constitute investment advice.

 

 

 

Original Source: https://www.investing.com/news/cryptocurrency-news/how-to-find-the-next-1000-memecoin-to-invest-in-essential-things-to-know-2562391

Or https://traders.fxstockbroker.com/article/how-to-find-the-next-1000-memecoin-to-invest-in-essential-things-to-know

 

 

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Anndy Lian Shared His Perspectives on Crypto Giving with ElonGate, World’s Largest Charity Crypto

Anndy Lian Shared His Perspectives on Crypto Giving with ElonGate, World’s Largest Charity Crypto

Anndy Lian, a thought leader in the cryptocurrency and blockchain space shared his perspective on crypto giving with ElonGate on 14 July 2021, 6.00 am Singapore time.

Alexander Gambon, Chief Storytelling Officer and part of the leadership team at ElonGate hosted the AMA session with Anndy. ElonGate is a pioneer and one of the largest cryptocurrency based organisations that have donated for than $3 million. Donations went to Human Relief Foundation, Action Against Hunger, just to name a few and the most recent to Malala Fund to support girls’ education.

Anndy Lian highlighted that crypto companies must work harder in the downtimes and build other streams of revenue. “ElonGate can offer their technology on the ground to help other businesses in need. They have the community and the people. They can drive traffic to the businesses and in return include an automated deduction to charities by using ElonGate charity mechanism.” Anndy Lian said.

Anndy went on to explain that Asia is an untapped market for them and it is important to set their foot into this market. He also added that the project must gain traction with the mainstream media to gain more acceptance from the general public.

Elongate is providing an opportunity and solution for people to have a social impact by connecting the blockchain with charitable giving. Anndy ended his session by telling all that he believes that blockchain and cryptocurrency are not just about money but also purpose and utility.

“We should all do good using blockchain.”

Elongate consists of a community of over 465,000 holders, with a total following of more than 320,000 users across all its platforms and channels. For more information on Elongate, visit https://www.elongate.cc/.

Anndy Lian is an intergovernmental expert. Currently acting as the Chief Digital Advisor to Mongolia’s national productivity agenda. He is also the Chairman for Asia at BigONE Exchange where he gave strategic advice for the exchange to grow in Asia. For more information on Anndy, visit https://anndy.com/.

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CPA AUSTRALIA MONTHLY TALK SERIES: INVESTING IN CRYPTOCURRENCIES

CPA AUSTRALIA MONTHLY TALK SERIES: INVESTING IN CRYPTOCURRENCIES

Passion Venture Capital spoke at CPA Australia- ISCA monthly talk series on 6 July 2021 about investing in cryptocurrencies.

Cryptocurrencies have been making headlines and are a widely debated topic. What are they, how do you use them and what are the risks that come with investing in cryptocurrencies? These are some of the questions addressed.

Passion Venture Capital, based in Singapore and is granted Capital Markets Services (CMS) Licence. The team cumulatively has 200 years of financial sector career experience and expertise in fund management, banking, corporate advisory and global markets equity research.

CPA Australia (“Certified Practising Accountant”) is a professional accounting body in Australia founded in 1886. They are one of the world’s largest accounting bodies with a global membership of over 168,000 members (as of February 2021) in more than 100 countries supported by 19 offices globally.

The speakers from Passion Venture Capital include:

1) Davy J Goh, Founder & Chief Executive Officer- Introduction and Overview

2) Jonathan Koh, Chief Commercial Officer- Overview of Cryptocurrencies

3) Anndy Lian, Partner & Investor Director, Blockchain- Q & A

 

And moderated by Melvin Yong, Country Head Singapore, CPA Australia.

The video captured is showing the Q & A session where Anndy Lian took the lead.

“Cryptocurrencies are changing the financial markets and how businesses operate. I really hope to share more insights on cryptocurrencies investing and NFT, DeFI funds to what kind of blockchain tech companies should you look out for.” Anndy Lian commented.

Anndy Lian is an intergovernmental blockchain expert. He is currently serving as the Chief Digital Advisor to Mongolian Productivity Organisation and Chairman to BigONE Asia.

For information, on Passion Venture Capital visit https://www.passion-venture.com/. Explore CPA Australia online courses at https://www.cpaaustralia.com.au/.

 

 

 

 

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Securities.io Interview Series: Anndy Lian, Inter-Government Blockchain advisor & Author

Securities.io Interview Series: Anndy Lian, Inter-Government Blockchain advisor & Author

Anndy Lian provides advisory across a variety of industries for local, international, publicly listed companies and governments. He is an early blockchain adopter and experienced serial entrepreneur, book author, investor, board member and keynote speaker.

Currently, he is appointed as the Advisory Board Member for Hyundai DAC, the blockchain arm of South Korea’s largest car manufacturer Hyundai Motor Group where he looks after the governance and compliance aspects of the business. He is also the Chief Digital Advisor at Mongolia Productivity Organization, championing national digitization.

Anndy is also part of the Gyeongsangbuk-do Blockchain Special Committee, Government of Republic Korea, together with industry experts such as Brock Pierce (Chairman, Bitcoin Foundation) and Alexis Sirkia (Founder of Yellow.com), helping the province to grow using blockchain technologies.

He is the Chairman (Singapore) for Korea eSports Industry Association (KeIA) where he is actively promoting eSports to go mainstream and adopt cryptocurrencies.

When did you initially become interested in blockchain and cryptocurrency?

My interest was in cryptocurrency first and the interest grew tremendously after reading Satoshi Nakamoto’s whitepaper titled Bitcoin: A Peer-to-Peer Electronic Cash System back in 2010. We were only using bitcoin as a form of a credit to exchange items online. Maybe for music download, gaming accounts etc.

As for blockchain, it was 2016. As an investor in the health and medical industry, I was invited to a close door discussion with the medical professions and a pharmaceutical company. That was the first time I know how important blockchain is. It helps to fight fake medicines and health products. It can enhance the current search and tracking model if adopted well. My interest for both grew since that point of time.

You’ve spoken to many regulators, what are some of the biggest questions or concerns that they have with DeFi and cryptocurrency?

Their biggest concern for regulators is how to balance innovation and unregulated financial activities. I dare to say all regulators are into blockchain and agree that it can do wonders.

As for unregulated activities like ICOs for instance in 2017, they are concerned that token buyers are scammed and bought into financial products that they do not know much about. This has downstream issues and may lead to more bankruptcies and social unrest. When such issues occur, who will clean up the mess? Binance? Huobi? Gemini? Coinbase? The answer is no. Governments got to step in to help their citizens.

What are some of the biggest industry challenges that you see in DeFi?

Violations of KYC/ AML: Not knowing who is who and where the money is flowing from is one of the main problems for DeFi right now. When such trades occur between unknown parties and if these parties violate any of the regulations, the consequences can be very damaging. Nevertheless, it has improved a lot from the older days.

Liquidity issues: This is still a problem although we see PancakeSwap is doing very well with their volume. There is still clear competition between CEX and DEX. There is also competition between chains on pricing too. When you see the competitions, the liquidity flows is very obvious, some totally withdraw themselves from Chain 1 to Chain 2 because Chain 2 is new and they can get more out of it.

DeFi is very complex to use: The UI and UX have increased a lot. It is still an uphill task for many to follow. Do you know how to activate the expert mode? Why I cannot sell my coins away? Where are my coins? Slippage? Many who read this article will find these problems have happened to them before and newer problems appear day to day too.

What are some cryptocurrencies that currently have piqued your interest?

Bitcoin and the original main cryptocurrencies are still of my interest, although some of them are not doing much for the last 2 years. New cryptocurrencies with innovative tokenomics like Safemoon for example piqued my interest in the recent months. A few other NFT and MEME projects have also gain my attention too.

What’s the most important attribute that you consider when reviewing new cryptocurrencies?

Concept, Marketing, Community, Technology and Business.

These are the 5 things I look at when reviewing new cryptocurrencies. The project must have a good concept and has to solve some issues. With good marketing, it can draw in support from the community at large. Technology will help them with their use cases. Last but not least, it has to have be able to gain revenue.

“Always remember, all hype but no business = failed project.”

You’ve spoken a lot in the past about NFTs, what are your current views on the space?

The NFT space is getting exciting. Recently Twitter has also joined the bandwagon, giving away 140 Ethereum NFT on Rarible. I can see more artists, movie stars, sportsmen, luxury brands, politicians knowing more about crypto because of NFTs.

The flip side is there are not enough users to buy the overwhelming creation on many platforms. Many of the demands you see may not be the real demand. In the next year, we will see the creative folks dropping out and only the toughest can survive.

Nevertheless, this space will grow faster and has not reached its fullest potential yet.

You’re currently the Chairman (Singapore) for the Korea eSports Industry Association (KeIA) where you are actively promoting eSports to go mainstream and adopt cryptocurrencies. How has the gaming community in South Korea reacted to mixing eSports with crypto?

South Korea is both strong in cryptocurrency and esports gaming. I cannot speak for all gamers in South Korea. All I can say that they are the fastest-growing country when it comes to esports + crypto.

More semi-professionals became full-time professionals thanks to the COVID19 situation and also cryptocurrency. The gamers are rewarded with cryptocurrencies instantly after the game. This becomes a revenue stream for them to continue their lives despite lockdown. Win-win situation.

You believe that the blockchain industry needs to be “redecentralised”, could you elaborate on these views?

I started advising governments earlier than most of my peers. Most of my peers think in order for crypto to grow we need to go fully decentralised. No governments, no banks. Of course, they think I am crazy too.

My stand is if we want to grow we need to redefine the word decentralise. If we can “redecentralise” things properly, we can gain acceptance faster. This has aged well with times 🙂

Is there anything else that you would like to share regarding the industry or what’s currently on your mind?

I think all coins must co-exist.

This space must mature with time and not work on groundless price pumps, washed trading or out of this world FUDs.

Let’s work together in the right manner.

Thank you for the great interview, readers who wish to learn more about Anndy and his views should visit the Anndy Lian website.

 

Original Source: https://www.securities.io/anndy-lian-inter-government-blockchain-advisor-author-interview-series/

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Catching up with Anndy Lian: “WE ARE SATOSHI”

Catching up with Anndy Lian: “WE ARE SATOSHI”

1. Where are you originally from, what was your upbringing like?

I am born in sunny island Singapore. Singapore’s environment is rather competitive if you compared it to other countries. You can imagine how is life like in this fast pace country. I am trained to do my best in whatever I do, be effective and results driven.

 

2. What languages are you fluent in, what heritage or culture do you hold onto strongest?

I can speak English, Mandarin, Cantonese, Hokkien, a bit of Japanese and Korean. I am Chinese, so I do hold on to my Chinese roots very much. Having said so, we are in 2021. Our culture changes with times, we learn from the best cultures and adapt to our lives.

 

3. What or when was the first time you realized crypto was your life path?

My first encounter with crypto was in 2010/11. My first encounter with blockchain was in 2016/17. Crypto as a life path is a bit cliche. I think it is more like I felt that blockchain can help to improve our lives, that is why I started to find out more.

 

4. If you could change one thing about your crypto journey what would it be and why?

Honestly, nothing in my opinion needs to be changed for my crypto journey. If it is a ‘must” for me to answer this, then I would say get rid of bad partners and find more like-minded individuals. Because I started early, you won’t imagine what kind of bad incidents I have encountered.

 

5. If you could educate new people getting into the crypto space what would you choose?

I would recommend them to learn from the basics and not enter into the cryptocurrency space because their friends made a 100X for example.

 

6. If you could change one thing about yourself what would it be and why?

“Maybe to be less successful when young.” Don’t ask me for the details.

 

7. What countries do you feel are leading the way in the digital currency space?

South Korea, China, Singapore and U.S.

 

8. What media do you feel is the right place to search for right information or less FUD?

There is no right media. I read @WuBlockchain, @blockcastcc, @cointelegraph and lots from the mainstream media. Do they have some FUD angles? Yes, but good media will provide both sides of the story.

 

9. Do you believe Cryptocurrency will end the banking system or evolve around it?

As of now, cryptocurrency will not end the banking system. It is evolving around it and improving it. I know many of my friends were against me when I started to give advice to governments in 2018. They told me crypto is decentralised and working with the government makes me look bad. I did not listen, I stuck to my point that we need to work with everyone to make crypto mainstream and we need to redefine decentralisation. I used the word “redecentralise”.

 

10. Will you mentor me? Lol jk. Do you believe Satoshi Nakamoto is an idea or an actual person?

I am in no position to mentor anyone. I need some mentorship myself too. (LOL). I believe Satoshi Nakamoto is amongst us. It may be a group or an actual person in the past but right now- “WE ARE SATOSHI”.

 

About Anndy Lian:

Advisory Board Member, Hyundai DAC Technology (Blockchain arm of Hyundai Motor Group)

Chief Digital Advisor, Mongolian Productivity Organization 

Member, Gyeongsangbuk-do Blockchain Special Committee, Government of the Republic of Korea

Former Blockchain Adviser, Asian Productivity Organization (APO)

Book Author, “Blockchain Revolution 2030”

Advisory Panel, China-ASEAN Business Alliance

Partner, Blockchain Investment, Passion Venture Capital (Granted Capital Market Services (CMS) licence from Singapore regulator MAS.)

Chairman, Korea eSports Industry Association (Singapore Chapter)

 

Anndy Lian is an all-rounded business strategist in Asia. He has provided advisory across a variety of industries for local, international, public listed companies and governments. He is an early blockchain adopter and experienced serial entrepreneur, book author, investor, board member and keynote speaker.

Currently, he is appointed as the Advisory Board Member for Hyundai DAC, the blockchain arm of South Korea’s largest car manufacturer Hyundai Motor Group where he looks after the governance and compliance aspects of the business. He is also the Chief Digital Advisor at Mongolia Productivity Organization, championing national digitization.

Anndy is also part of the Gyeongsangbuk-do Blockchain Special Committee, Government of Republic Korea, together with industry experts such as Brock Pierce (Chairman, Bitcoin Foundation) and Alexis Sirkia (Founder of Yellow.com), helping the province to grow using blockchain technologies.

He is the Chairman (Singapore) for Korea eSports Industry Association (KeIA) where he is actively promoting eSports to go mainstream and adopt cryptocurrencies.

 

 

 

 

 

This interview curated by Scott Tripp @CryptoBeast32.

Date of interview: 29 June 2021
Time of interview: 9.00 am SGT

 

 

 

Originally published on:

Catching up with Anndy Lian: “WE ARE SATOSHI”

Anndy Lian personal Interview. from SafeMoon

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