What to look for to know that a new currency is going to explode?

[Agustin Astorga]

Before investing in a new cryptocurrency that has just been released and is still quite small, what details do you look at to know that it can explode over time?

[TomPluz]

Oe thing for sure is that no matter how good we are in analyzing if a certain project can explode or will just be another six feet underground, there is no guarantee that it would be as good as we wish it to be. In the past, there had been projects which many people believe will really make it to the top but they then just withered when exposed to the sun. Nevertheless, one must be doing his own due diligence. As for me, it would be, first, the potential market of the project it must be a growing one with a lot of prospect for growth. Two, it must have a good team behind it that can deliver what they promised.  And they must also know how to market and must build a big community to support the project. These elements can play a lot in determining the outcome.

[shadowdio]

It's difficult to know which altcoin will be the next explode even we doing a good research of the project still not guarantee if it can go explode soon. It is too risky if you invest in the new altcoin, it's better that you invest in the top coins in coinmarketcap because less risk investment.

[Jaephoenix]

First things first, there is no hard and fast rule. A project might tick all the boxes and still commit a hara kiri. Having said that, I think the community and social media presence is huge

[gunhell16]

Whether we know the coins that will explodes, surely it will become temporarily only most of the time, only few of them
stand long in the end. But of course the risk will always be high that's the problem in terms of investment in it. But of course,
the discretion will always depends in our choice or decision.