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Description of Technology/Product and Market Segment

Description of Technology/Product and Market Segment
CryptON
07/05/2024
Authors: CryptON

In this guide, we discuss why it is important to study the technology of an asset and its market segment

Description of technology - basic information about the asset's value.

Studying the idea of a product or technology is key to understanding what need it addresses, the scale of the technology, and its development prospects.

!!! NOTE: When searching for information about an asset, avoid phishing sites. To do this, do not enter information about the token in the search bar.

In the context of the market segment, it is important to understand that more interest will be generated by current trends. This, in turn, increases liquidity inflows, thus increasing the asset's value.

The industry of a particular token is usually indicated in the product description. If you cannot find it, you can always refer to the tags mentioned in the aforementioned analytical services.

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