#How to find the 100x coin in this bull market?
First of all, a review of the last bull market produced 61 hundred-fold targets.
The last bull market created many 100-fold coins, and this is still the case in this bull market. There is always no shortage of narrative direction in the currency circle.
Back to the topic, what information do we get from the 61 100-fold coins in the last bull market in the currency circle?
Several necessary conditions for 100-fold coins in the last bull market are also indicators for the selection of 100-fold coins in the next round. Let’s talk about them together. First of all, after the market peaks, the new coins released in the bear market have not gone through the bull market.
According to the previous round, taking mid-2021 as the starting point of the bull market, the time point for the birth of the 100x coin is ranked:
76% were born between 18 and 20 years old
24% were born in 2017
200 times:
85% were born in 2018-2019
Only 1.7% of these 100 times coins were born from Niu Mo!
From this logic, we should focus on the new products released in 2022-23. The market value must be low. The market value at the time of entry is best not to exceed $500 million. The 61 hundred times coins in the last round were among the top 600 in market value before they took off~
In addition, it is the narrative direction. Looking at the last round, the public chain track accounts for the largest proportion, with 17 hundred times, accounting for 27.8%, followed by chain games, with 5 hundred times. Then there are cross-chain, defi, and meme sections. On the eve of the last bull market, few people actually paid attention to public chains. Later, Ethereum became a god, and various public chains also received widespread attention, and "a hundred chains contended." As for this round, you can pay attention to the L2 section, the Hong Kong section, the artificial intelligence section, and the chain gaming section, which are popular in this round of bear market. The chain game sector must be focused on. In the bull market, the number of users has increased significantly. Only the chain game sector can achieve this and produce a better wealth creation effect. In fact, the last round of chain game narrative is just an appetizer, and overall it is not interesting. So looking forward to the performance in the next round.
After looking at the time, market value and narrative, you can also look at the project background and team strength. Institutions that have invested hundreds of times more coins include Multicoin, Polychain, Alameda, BN, A16Z, etc.
Furthermore, in terms of token distribution, the best distribution of unlocked circulation is in the 40%-60% range, which is also the area with the most probability distribution of the last round of bull coins.
To summarize:
1. Project release time: bear market
2. Section selection: leader or leader of each track
3. Circulation market value: less than $500 million
4. Project background: strength! (see investment institutions)
