How to Make Money on Low-Caps?
It's simple - buy potential gems early.
But how to find and identify gems among low-caps?
For about 3 days, I studied this market and looked for tokens on X.
But when I came across them, I wondered how to properly analyze a project at an early stage.
And I identified a few criteria for evaluating projects...
Let me show you using the example of the BiglyApp project, which I consider a pretty solid find of mine.
➤ My first criterion - Dev
It's important to analyze who's behind the project, as this gives an idea of the project's seriousness.
If the dev has a good reputation and successful projects behind them, then this project is unlikely to be a scam.
In my example, the dev is
https://t.me/fiatphobia (on X)
Many smart influencers follow him and often mention him.
His previous project
https://t.me/glympsedotfun (on X) looks solid.
He also actively runs his account and shares updates.
Overall, for this criterion, I give it 9 out of 10.
➤ Next criterion - Product
No matter how cool the dev is, if they're building yet another calculator, the token won't grow.
It's important to understand what's popular now, where the attention and money are.
I can highlight a couple of areas that are relevant right now - Prediction markets, AI agents.
It's also important that the product actually works.
In our example, BiglyApp is a launchpad for memecoins on Solana.
Why might it attract attention?
Because degens are tired of bundles and snipers.
This kind of launch guarantees fair distribution. Read more details yourself.
In the end, we get a product that's set to solve a real existing problem, which could make the project popular.
Plus, there was already the first launch that went successfully, confirming that the features work.
I rate the product category 9 out of 10.
➤ Then I analyze on-chain.
What do I look at here? The same things as when analyzing memecoins.
If you're interested, I use Nansen for analysis (link below)
Distribution is important: how much the team holds, if there are burns of the supply that they write about.
Who and how smart holders are buying.
Here's the on-chain analytics for $BIGLY as an example:
First, I see accumulation here.
Supply on exchanges is decreasing (dropped in half in a couple of days).
And meanwhile, the top 100 holders are accumulating - good sign.
smart wallet holds 28.14M.
Token distribution looks fair.
And the chart looks like interest in the project is returning.
In the end, I give 7 out of 10 for on-chain.
➤ Next, I analyze community sentiment and the project's X posts.
After the first launch, many didn't like that the memecoin didn't get proper attention.
This naturally affected the $BIGLY price.
I also don't like that there are few posts from the project itself. Mostly dev reposts right now.
But solid influencers continue to follow the project
Some influencers also keep mentioning Bigly in a positive tone.
I give it a 7
➤ In the end, the Bigly got an 8 out of 10 from me, which is pretty solid.
And also, if everything is too bullish with the project, be wary.
➤ Okay, these are the main criteria I'll use to evaluate low-caps.
They'll definitely change and expand as I dive deeper into this space.
My research is not financial advice. Always DYOR and make decisions yourself.
Happy hunting, friends!
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Useful links:
🤓 http://nsn.ai/Dionysus
📱
https://x.com/Dionysus_crypto
