OP 29 February, 2024 - 10:37 AM
The purpose of fundamental analysis is to guide the trader to the "fair" price of an asset. This is a relative value that gives an understanding of where, at what levels it makes sense to buy and where it makes sense to sell.
Fundamental analysis includes information such as:
the basic faces of the company,
background,
the tokenomics of the project,
what exchanges it's traded on,
whether it has real value,
what are the real-world applications,
extent of social media community and activity,
affiliated individuals and companies, etc.
You can start studying information about any crypto project with cryptocurrency aggregators: coingecko, coinmarketcap, messari, cryptorank. If the project is not represented on these aggregators, it is a strong argument in favor of the fact that it is not worth attention.
Fundamental analysis includes information such as:
the basic faces of the company,
background,
the tokenomics of the project,
what exchanges it's traded on,
whether it has real value,
what are the real-world applications,
extent of social media community and activity,
affiliated individuals and companies, etc.
You can start studying information about any crypto project with cryptocurrency aggregators: coingecko, coinmarketcap, messari, cryptorank. If the project is not represented on these aggregators, it is a strong argument in favor of the fact that it is not worth attention.