What is fundamental analysis of crypto?
FA assesses the intrinsic value of a cryptocurrency through analysis of technology, team, tokenomics, and market position. TA asks "where is the price going", FA asks "how much is this worth".
Tokenomics analysis
- Max supply: limited (BTC = 21M, bullish) vs unlimited (inflationary)
- Vesting schedule: when investor and team tokens unlock
- Token utility: governance, staking, gas, fee discount
- Emission rate: how many new tokens are created daily
Team analysis
- LinkedIn — are they real and do they have experience
- GitHub — is the team actively developing code
- Track record — previous projects and deliveries
On-chain metrics
- TVL — total value locked in a DeFi protocol
- Daily Active Addresses — real usage, not speculation
- Developer Activity — GitHub commit frequency
FA tools
- Messari — professional research reports
- DefiLlama — TVL by protocol and chain
- Token Terminal — P/E ratio for DeFi
- CoinGecko — tokenomics and market data
Combine FA for project selection and TA for optimizing entry and exit timing.