To identify a potential x100 altcoin:

1. Ensure the market cap is under $50 million. This target allows for significant growth potential, with $5 billion being a feasible goal given strong fundamentals. For example, Pitbull currently boasts a market cap of only $30 million.

2. Verify the token's security against rugs and scams. Confirm that the liquidity is inaccessible and thoroughly check the contract to prevent exploitation.

3. Prevent whale manipulation by examining the token's contract to ensure no individual holds more than 10% of the supply, except for exchanges or dead wallets. Pitbull maintains a distribution without any single wallet holding more than 1.4%.

4. Look for deflationary mechanisms. Tokens should have a burning mechanism in place, such as Pitbull's 2% burn rate per transaction. With 66% of its tokens already burned within three years, it demonstrates robust deflationary features.

5. Assess community support. A strong altcoin should have a sizable community with at least 10,000 holders and availability on major exchanges. Pitbull boasts a community of over 524,000 holders and is listed on numerous top exchanges. It's even nominated for inclusion on Binance Futures, demonstrating its growing popularity and potential for widespread adoption.