Top trader Eugene shares his framework standards for cultivating confidence in projects

BlockBeats news, on January 4th, top trader Eugene Ng Ah Sio posted on social media, "In a time of high prices, it is indeed challenging to find new ideas. How do you gain confidence in a project that has already pumped 10 times from the bottom? The framework I use to build confidence can be summarized as follows: 1. Represent a brand new idea - this can be achieved through a new vertical field, a new product or service, or even a new Token economic model (such as a Ponzi scheme). 2. Look for relatively new names, with fewer coin holders and smaller unrealized PNL for existing holders - this is why new coins usually outperform old coins, because they do not have natural resistance levels, nor inflation or dumping pressures. 3. Look for theoretically unlimited valuation ceilings - this is why Meme coins perform so well, because they are impossible to value. Now, there is a Token that reasonably meets all of these criteria in some aspects.