Blockchain Analysis: How to Spot Real Projects vs Crypto Scams
When you hear about a new crypto project, blockchain analysis, the process of examining public ledger data to verify activity, ownership, and legitimacy. It’s not magic—it’s just looking at what’s already out there: who’s sending coins, where they’re going, and whether the team actually built anything. Most people just check the price. Smart ones check the chain. That’s the difference between guessing and knowing.
Blockchain analysis doesn’t need fancy tools. You can start with free explorers like Etherscan or Solana Explorer. Look at token transfers. Are the same wallets moving coins around in circles? That’s a sign of wash trading. Is the dev wallet holding 80% of the supply? That’s a red flag. Are there zero transactions in the last 30 days? Then it’s dead. Projects like Ancient Kingdom (DOM), a blockchain game that promised an airdrop but never launched or Radx AI (RADX), a token with no code, no updates, and no real team look convincing on paper. But their on-chain activity tells a different story—no movement, no engagement, no future.
Even exchanges get analyzed. Platforms like BitAI, a fake trading bot that claims to use AI but has no verifiable history or user data or Tokenmom, a no-KYC exchange with zero audits or reviews rely on hype, not proof. Blockchain analysis exposes them. You can see if they’ve ever moved funds, if their wallet addresses are linked to known scams, or if their website IP matches other fraudulent sites. The same method works for airdrops. The SWAPP airdrop, a fake token distribution with no official protocol behind it? Zero on-chain activity. Real airdrops like A.O.T CMC X Age of Tanks, a verified NFT drop tied to CoinMarketCap’s official campaign show clear contract interactions, claim logs, and distribution patterns.
Security and transparency aren’t buzzwords—they’re measurable. The blockchain analysis behind Bitcoin’s hash rate surge to 600 EH/s? That’s proof of decentralized power. The drop in Ethereum gas fees after Dencun? That’s verifiable network improvement. Even regulatory moves like the EU’s planned ban on Monero and Zcash? That’s based on blockchain analysis showing how privacy coins enable money laundering. You don’t need to be a coder to use this. You just need to know where to look.
Below, you’ll find real reviews and deep dives into crypto projects—each one tested with the same principles. No fluff. No promises. Just what the chain actually shows.