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Dexscreener Tutorial- A Defi tool used to Analyze cryptocurrency projects for potential 100x profit

Dexscreener Tutorial- A Defi tool used to Analyze cryptocurrency projects for potential 100x profit

Hello guys welcome to my YouTube channel um this is face fave today we'll be talking about how to use death screener as one of our defy tools to do proper research and proper analysis on a coin that could you know give us potential 100x to 200x in theCrypto market so let's just dive right into it that screener is a defy decentralized Finance tool that you can use to do your research and to head on to the website to click on desk screener dexcreena.com this is what the website looks like just give a few minutes for it to load andThere you have it so um what this particular website what this tool does is to give you like full details I don't recommend using only death screener but death screener is a very very good tool when it comes to analysis so while you're using other research tooYou can add up that screener to help you do the proper analysis so what I'm trying to say right here now is once you get onto the website you're going to see so many things like the price of a particular token the liquidity the market capitalization the umThe um so many things so um first thing first you can either use the contract address to search for a particular coin or you just type the name so I'll be going with this particular projects that did massively well this 2023 I'm talking about pay pay got listed and it did exceptionally wellNow people would get confused you just type KP you don't know if this is the exact paper as you can see we have so many people right here we have paper built on the BSC Network we have on the ethereum network but you want to be sureThat you're buying into the real paper right so first thing you need to check is you you check out the liquidity you check out the market capitalization do your comparison or you can just go to their social media platform copy the address there you can go through Twitter you can go throughTelegram there's so many platforms where you can get the contract addressed from but if you just want to go to desk screen and pick it out from here you have to do your due diligence to avoid buying into the wrong crypto assets this right here I think is I think this isThe main paper let's open it and see yeah so this should be the main paper looking at the transactions the buy transaction within 24 hours they've had 2521 transactions and 1 363 buys and one thousand one 166 so this obviously is the real paper you can see the transactions right here but thisIs not enough though but we'll come back soon right um I was saying that just by going through deck screen now you can check out the price of a particular token you can check out the liquidity the market capitalization this is the liquidity right here 9.6 million dollars and theMarket capitalization is 710 million dollars um what else can you check you can go through there are socials just by being on this page here you can see a few like few informations about paper what is Pepe is a community based man talking to around blah blah blah stuff like that then youScroll down you see their website right here you see your Twitter handle and you see their telegram so this makes it very very easy in case you want to confirm if you're actually digging into the right um the right paper so I'll just click on their Twitter handle here and it takesMe straight down to their socials on Twitter uh yeah so this is the right PP verified followers looks reasonable and they're quite active on their page the last time they posted was 12 hours ago so these are like few things you need to note even while you're doing analysis soLet's say this project was a new project you want to like figure out the Catalyst the movements what are their goals what are their roadmaps what do they intend to do within the next period um 12 months one week whatever just to get into the projects so um that aside IJust showed you all how to go through their socials just by using the deck screener too another way to verify particular coin is by going through you can also and sorry you can guess the contrast address here this is paper contract address so you can just clickOn this and then go to etas can since Pepe is built on ethereum network so you just to check out do your own chain analysis you just click on it has Khan and paste contracts so just by pasting the contract you can see you can see um some details details aboutWhat's up popping up right now okay so we're not trying to do an on-chain analysis that would be for a different video the essence of this video is to show you how to use the dead screen all right so I just showed you how to copy the contract address justFrom here and then you take it there to do your own chain analysis that's aside and let's say you don't have a particular asset you don't have a particular cryptocurrency in mind that you want to invest in you just want to buy into a project you want to do yourAnalysis and stuff you can just go to new pair go to new pair and you can decide to change this last six hours to five minutes last five minutes last one hour these are tokens that were created within this period of time so I'll be checking out a particular coinI want to show you guys something real quick this pizza let's see what they have here so um yeah this might look real I'm not sure yet but we're going to do the analysis together so just follow me and if you're enjoying this video pleaseDo well to click on the like the share and the Subscribe do not forget to keep um the subscription turned on so you can get more valuable content like this so back to what we're saying I want to do a proper analysis on this particular coin this coin was createdWithin the last 24 hours as you can see here this pair has been created within the last 24 hours make sure you fully understand the risk and it has done two thousand percent so I want to be sure that this particular crypto asset is something I can get intoYou do your analysis you want to check if you can sell or first of all because we have this issue in there where you buy into a project and you're not able to sell so to do that you should quietly go down to more here you click on it and then you seeHoneypots scan on honeypots.ix it takes you to a different website now what this website does for you is to tell you if the um the crypto assets you're trying to invest in is a horny Port Honeypot in the sense that you can buy but youCannot sell off so you want to be sure you're not buying into a Honeypot project now this is Honeypot it says run the away right here see it so you don't want to get yourself involved in the projects that yes someone might ask oh but there's buys and sells and these areAll fake to do your analysis using the death screen now you need to go through all of this process so you don't get yourself you know hooked you buy into a project and you can't sell and your money is going like that so please use the HoneypotHoneypots.is is a very good website for um checking detecting honeypots projects that aside you can also use token sniffer here talking sniffer it was almost the same thing that Honeypot does but honey pots I think the talking sniffer is more elaborate in terms of giving you properAnalysis as you can see even talking sniffer does not recognize this particular coin so you should run the away from this project this is calm I mean a project was created within the last 24 hours a mem coin for that matter and you're already having 15.3 million dollars very outrageous youDon't want your guess get yourself so we're going to check for a different projects right um let's see I want to check a project that was built on ethereum network okay let's check out this wkc Wiki cards yes so this project had its it's a project I'm invested inAnd it did massively well in January 2023 and yeah let's do it like a research on this so first thing you need to do is to go down you go down to their socials you want to get informations about their social so they have your social media platform thereYou click on it it takes you to their website their Twitter handle I mean yeah so just by going through their socials you can get any information you need you can also click on the telegram here to go to their telegram handle and see what the developers are trying to buildOn the project so to check if this particular coin is tradable is not honeypots you click on more like I earlier said click on more and it takes you straight down to honeypots.is remember the last stuff we checked was Honey honeypots Run the away now this tells you doesNot seem like Honeypot a very good project to invest in so you're safe buying into this now you want to check also on token's deliver to verify some other things like if um contract has been renounced ownership renounce how much liquidity is locked and stuff soSo while that is loading let's just do a proper research here now there's a difference between liquidity locks and market capitalization the market capitalization simply has to do with the price multiplied by the circulating Supply that gives you market capitalization most times you might see huge marketsCap with very low liquidity I would advise you don't go get yourself involved in those kind of projects with very very little liquidity right you don't want to get yourself involved in the projects that has very low liquidity liquidity simply means that you can easily buy and sell into thatProject like when the liquidity is low it becomes a problem regardless of what the market capitalization is saying so understanding that liquidity matters when it comes to research therefore is very important okay so let's see if our token snap knife sniper is right so just by going through this talking snifferYou see the rating is 80 over 100 this is quite good then you scroll down you see the swap analysis token is sellable not Honeypot good one the buy fee is less than five percent two percent very fair and you go down to the contract the contrast has been renounced ownershipHas been renounced simply means that the owner the dev has renounced full ownership of this particular contract so you don't have to be scared of anything like rock pool it's solely built on the community the community are the movers of this particular project then you check the holders analysis the liquidityEverything seems to be great so if I were to be somebody who is looking up to invest in a particular project I would consider Wiki cards as one of the projects I want to buy into while using the death screener right so if you enjoyed this video do well toClick on the like the Subscribe and do not forget to turn on the notification button for more beautiful content like this thank you and see you in the next video bye

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