Have you ever felt that you missed some potentially good investment at an early stage? This feeling follows all crypto traders and believers when a new gem is rocketing to the moon.
Happy to introduce 💎Gem Locator v 0.1 alpha — new service which will help you to monitor fresh tokens that appear every hour.
As for now it’s on an alpha stage and only supports 🦄 Uniswap, but will be updated in future.
How it works
💎Gem Locator monitors newly generated pairs on Uniswap and rates them on few parameters:
- Token price;
- Price change;
- Pair liquidity;
- Liquidity change;
- Transactions count;
- Creation time.
Based on these parameters service rates token as 🤔 Worth Attention or 💩Not a Gem Yet. Also in future there will be 💎Gem category, but it’s still developing.
Please note: buying unknown tokens can be extremely risky. This site contains only analytics, we do not give any financial advice. Do your own research and use common sense.
Few useful tips to check new tokens:
- Check if the token’s smart contract code is verificated on the etherscan.
- Check transfer and approve methods in the code. There should not be any restrictions for you to sell the token after the buying. Standard ERC20 token example.
- Liquidity amount should be solid enough for your investment. Price impact after your purchase should not be higher than 3%.
- Check who owns initial LP tokens at the moment. If the deployer address still has all the LP tokens and didn’t lock or burn them, it’s a bad sign.
- Check the LP tokens holders amount. The more people have added liquidity is better.
- Number of token holders and transactions should be high enough.
- Check the amount of unique token sellers. Should be more people than just a deployer and few of his other addresses.
- If possible, check project’s website and social media accounts.
Please notice that following these steps will not guarantee you that the token you have analyzed is totally safe. But it might save you from losing money someday.
You are welcome to visit the website and to try it!
There’s a lot of updates coming for this product. As for now ⛽ Pump Locator and 🔎 Token Analyzer updates are under development.