Let me be clear, the following strategy has historically speaking performed awesomely, but this doesn't mean that it is a guarantee it will be of any value in the future. So be careful and think twice before going 100% in! I discovered it earlier today and it was too good for me not to share it!
The strategy is simple, invest in whatever project CoinMarketCap earns launches a campaign about. I will prove my point by giving you the analysis for EACH COIN, this took me hours to write!
The approach is simple:
- Find the first mention of their earn campaign the project using the internet archive tool (i.e. wayback machine) and triangulate that with other mentions online (such as Reddit) to confirm the date, as they do not provide the dates themselves.
- See the price when the campaign was launched and how it performed since then
We look at each project, first off:
Band Protocol, BAND
If we search the wayback machine for this campaign, we see that the first mention is Aug 12, 2020.
https://preview.redd.it/du7s9tmway381.png?1371&format=png&auto=webp&s=872626fb6cf23d21f615fdbbb4320094a80071b9
We search on google to confirm this date, a simple search as "earn band coinmarketcap" shows this article on Medium
https://preview.redd.it/o1gmdk46by381.png?1416&format=png&auto=webp&s=0f78efa5b841479412255bd2921ddc618cb018af
Also the same date! Let us be sure by googling the following: "earn band coinmarketcap reddit"
https://preview.redd.it/j3e4hyzcby381.png?715&format=png&auto=webp&s=3c6f6721df6979cee645b4614f4022cd19ceeb17
Even when you expand the results by click at More results at the bottom, we see that the first mention is indeed Aug 12, 2020!
Now that we know the date, we check the price back then:
it was about $15, and you had 3 moments where you could sell at a profit but overall it is pretty underwhelming as it has only achieve 1.5x, not impressive!
https://preview.redd.it/5ci74lm3cy381.png?982&format=png&auto=webp&s=558b70bdab5a842badb20b9552f43a3332d8e9aa
This is not the case for all of them, let me show you and then I will make a table to show you!
Kava.io, KAVA
First mention, September 12, 2020
https://preview.redd.it/qb8wz1mhcy381.png?1350&format=png&auto=webp&s=581b2dae27b9c41a089b943fc5a4a7a48d7f0d6f
https://preview.redd.it/yj7wvtricy381.png?897&format=png&auto=webp&s=8ff4dc89443e5c6c3e0ad7a75d18e15059e8fd7a
Kava did a 3x since then and you would have spent most of the time in profit since then, and currently it is still at profit, even given the recent dip:
https://preview.redd.it/zc6c6kq1dy381.png?1433&format=png&auto=webp&s=6d815d4b6117b98df01d6c5ad630e31075101bef
You get the point, so i will mention dates and prices from now on and then will summarize how long you approximately should hold on average to be at a profit and how much is the profit, on average!
Terra, LUNA
SEPTEMBER 30, 2020
https://preview.redd.it/kaxw3f3ndy381.png?1404&format=png&auto=webp&s=97d5a288a8daa7356872d0c4b82d7b1c20cca0e0
https://preview.redd.it/olj6g3ikdy381.png?1394&format=png&auto=webp&s=8f3d2bdc036cd7b92fa5371ccf023bc980b2379d
The chart speaks for itself, but at its peak it is a 250x!
Helium, HNT
https://preview.redd.it/dkk192wtdy381.png?1240&format=png&auto=webp&s=68cc7c1c921fff87cdd5298636c1b0785528d212
https://preview.redd.it/damb6wrydy381.png?1416&format=png&auto=webp&s=6942b6babcac9a7d0ba19de013fca55cf28d382d
Again the chart speaks for itself, at its peak it is 48x
The results, sorted by date of publishing (scroll horizontally if you are on your phone):
| Coin Name | Mention date (Day-Month- Year) | Price when mentioned | Price at peak | How long it took before reaching the peak? | multiplier | How long did you have to wait before turning profit? |
| Band Protocol, BAND | 12-08-2020 | $15 | $21 | about 8 months | x1.4 | 12-02-2021, around 7 months |
| Kava.io, KAVA | 12-09-2020 | $2.9 | $8.7 | about 11 months | x3 | 04-02-2021, around 6 months |
| Terra, LUNA | 30-09-2020 | $0.3 | $75 | 1 year 2 months | x250 | It almost never dropped before that price and when it did it was only 1 cent, so right away! |
| Helium, HNT | 21-10-2020 | $1.1 | $52.7 | 1 year 1 month | x48 | It almost never dropped before that price and when it did it was only 1 cent, so right away! |
| Orchid, OXT | 19-11-2020 | $0.24 | $0.84 | 5 months | x3.5 | around 2 months, but it did drop below $0.24 a few times for a few days |
| The Graph, GRT | 22-12-2020 | $0.55 | $2.7 | 2 months | x4.9 | the next day already |
| Sandbox, SAND | 24-12-2020 | $0.04 | $8.4 | 1 year | x210 | the next day already |
| 1inch, 1INCH | 19-01-2021 | $1.96 | $7.5 | about 5 months | x3.8 | the next day already |
| Nervos Network, CKB | 09-02-2021 | $0.008 | $0.04 | 2 months | x5 | next day already |
| FIO Protocol, FIO | 13-04-2021 | $0.38 | it only went downhill from there, current price $0.18 | Not applicable | negative number, depending on when you sold. It still could go up but currently it is down :) | Not applicable |
| PlasmaFinance, PPAY | 31-05-2021 | $0.07 | $0.22 | around 3 months | x3.1 | less than a week |
| REVV, REVV | 15-06-2021 | $0.09 | $0.42 | around 5 months | x4.6 | less than a month |
| Mobox, MBOX | 21-06-2021 | $0.62 | $15.4 | around 5 months | x25 | less than a month |
| TheForce Trade, FOC | 29-06-2021 | $0.003 | $0.007 | 2 months | x2 | less than a month |
| Polkastarter, POLS | 12-07-2021 | $1.1 | $4.2 | around 5 months | x3.8 | two weeks |
| Sushiswap, SUSHI | 21-07-2021 | $7 | $15.1 | 2 months | x2.1 | the next day already |
| IoTeX, IOTX | 26-07-2021 | $0.019 | $0.23 | around 3 months | x12.1 | the next day already |
| Tokocrypto, TKO | 01-08-2021 | $1.58 | $3.29 | less than a month | x2 | a week |
| Folder Protocol, FOL | 03-08-2021 | $1.28 | $3.97 | 3 months | x3.1 | the next day already |
| Cybertino, CYBER | 08-08-2021 | cant find data | cant find data | Not applicable | cant find data | cant find data |
| Crust Network, CRU | 01-09-2021 | $52.3 | it only went downhill from there, current price $9.25 | Not applicable | negative number, depending on when you sold. It still could go up but currently it is down :) | Not applicable |
| NFTb, NFTB | 10-09-2021 | $0.12 | $0.6 | around 1 months | x5 | the next day already |
| Aurox, URUS | 21-10-2021 | $128.9 | $281 | less than a month | x2.1 | the next day already |
| Mars Ecosystem, XMS | 29-10-2021 | $0.93 | $1.43 | two weeks | x1.5 | the next day already |
| Perpetual Protocol, PERP | 04-11-2021 | $16.5 | $18.8 | 5 days | x1.1 | the next day already |
One important note: This is performed today, meaning that in the future the coins can go even higher or lower (seems obvious but wanted to stress that just because something didn't turn profit yet, it doesn't mean it never will)
Key takeaways:
- There have been 25 campaigns on CMC earn that have concluded, if we exclude Cybertino as there is no data available on it, that makes them 24.
- Only 2/24 (roughly %8) went downhill after the announcement of the campaign, that means %92 of them did well!
- Best performers are: Luna, Sandbox and Helium.
- You could have taken profit in most of them almost immediately, within a month on average.
- Most of them reached their peak within half a year ON AVERAGE
If you had put $100 into each of them, at the time they were released you would have had:
100*1.4 + 100*3 + 100*250 + 100*48 + 100*3.5 + 100*4.9 + 100*210 + 100*3.8 + 100*5 + 100*0.5 + 100*3.1 + 100*4.6 + 100*25 + 100*2 + 100*3.8 + 100*2.1 + 100*12.1 + 100*2 + 100*3.1 + 100*0.17 + 100*5 + 100*2.1 + 100*1.5+ 100*1.1 = $59,777
There are few more campaigns that are still active right now, but I haven't looked at these yet. This approach certainly, historically speaking, looks like a fool proof approach.
Conclusion: I don’t know what the criteria CMC looks at before starting an Earn campaign, but on average, they list pretty darn good projects in terms of profit!
Let me know if you like such posts and I will make more of them!
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