Hello,
There are many new coins and tokens being created every day. Do you know of a cheap coin or token with a bright future? What do you think about the future of Dero or XLM?
Thank you.
It's hard to find cheap token that have the potential these days. Usually it's already priced in the first day of TGE. Moreover, the potential of new coin is as good as the VC backing it.
So personally I don't really invest into those new tokens anymore, Just stick with the big coin like ethereum, they are more profitable and have higher chance of having rally because they are being legitimized and invested by big investors such as blackrock.
Also
There are many new coins and tokens being created every day.
This is the reason why finding hidden gem is hard, too much coin being created means fragmentation of liquidity in the altcoin market.