The market has started to reverse recently, and Bitcoin has almost reached a new high. It is currently hovering around 72,000, ready to break through the previous high at any time. Once it breaks through 73,000 this time, it will be unimpeded, and 100,000 will not be a very distant thing. Combined with the general environment where money is being released all over the world, it is very easy for money to flow into the relatively easy-to-enter currency circle, so the overall market is definitely bullish.

And when I was making a strategy for small currencies, I would compare these projects and found that they didn’t actually have big fluctuations, but Bitcoin represented that the overall market was indeed rising. Based on past experience, Bitcoin was the clarion call for every bull market, followed by Ethereum, and then the altcoins, so this wave may be the last chance to increase positions before the bull market.

We continue to discuss what to buy in the upcoming bull market of 2025. Previously, in August and September, we talked about 12 projects. Today we continue with 6 super potential stocks, and as usual, I will explain the criteria for selecting coins. These projects must have a greater upward momentum than downward, and they must have high potential (at least a 10X potential in the future), and they are almost all established projects with no significant release pressure on their tokens.

1.STX

This is a super established Bitcoin L2. Last year we discussed nearly 20 Bitcoin L2 projects, and this is currently the highest in market cap, at 2.7 billion USD. It is also the only Bitcoin L2 in the top 200 by market cap. We know there are many large ETH L2s emerging in this wave, such as OP, ARB, ZK, and the four kings, along with others like Mantle and IMX, all of which have high market caps and are in the top 200.

However, as we all know, Bitcoin's dominant position in the industry is unshakeable, and in recent years, many L2s have emerged, some making progress while others are still exploring. We have also discussed many Bitcoin DEFI projects before, so this is a process, and I believe that the Bitcoin ecosystem will surely flourish in the end.

We discussed the Stacks project in May 2023, and the price mentioned then was around 0.5. Given the current not-so-great situation in the Bitcoin ecosystem, having such a high market cap is quite noteworthy, and it has achieved more than ten times the increase this wave (0.27-3.7), surpassing the peak of 2021. Recently, we analyzed many projects, and there are not many that can exceed the peak of the 2021 bull market, and there is no unlocking pressure. The project team has successfully operated for 10 years and continues to pursue this endeavor, which shows that they are genuinely working on it.

2.PEOPLE

This project was discussed in September last year, and the price mentioned at that time was 0.009, which peaked at 0.13, achieving over ten times the return. Even at the current coin price of 0.07, there is still about 7 times the return.

Many people say this coin is a major election coin, which is a somewhat one-sided understanding. The biggest value it has right now is that it can be exchanged for ETH, and it is a one-way exchange, meaning it is deflationary and has a bottom line. Secondly, the project is ownerless and has long been fully issued, and it will never be issued again, which can be understood as it has become a completely ownerless MEME project.

3.SSV

It is also a player in the staking track, but it is somewhat special in that it addresses the issue of centralized staking. From a technical perspective, it is quite good because Lido was very popular at the time, but it also exposed some issues, specifically the problem of centralized staking, which SSV can perfectly solve. So you can understand SSV as a service provider for Lido, making it an upstream partner in the ecological niche.

The performance in March 24 was actually quite good, with a maximum yield of 5 times (11-60). Currently, there is no unlocking pressure, and the market cap is only 230 million USD. There are currently 1.65 million Ethereum staked on it, worth over 450 million USD. Compared to last year, this is an increase. Recently it has slipped a bit, still due to ETH's price performance not being very strong, but it's not a big issue, as there is only one player in its ecological niche.

4.YGG

The chain game guild project is also a unique existence. Although some smaller ones have emerged later, it is still considered an established leading chain game guild. Last year when we discussed it, the coin price was only 0.1 USD, and in 2024 it peaked at 1.7 USD, so it also provided returns of over ten times. Currently at 0.51 USD, it has retraced about 70%, with a market cap of 200 million USD and 40% of the tokens released. There is still some unlocking pressure, with about 10 million tokens unlocked each month.

Many games invested in 2024 have also been launched, such as BigTime, GOG, Mavia, ILV, Pixels, etc. These games we have introduced are all very good, and chain games are the easiest to break out in blockchain applications, and they have also been successfully validated in the last round. YGG is also a unique existence in its ecological niche, with the only drawback being that there is still a considerable amount of unlocking volume.

5.GALA

The leading gaming platform, which complements YGG perfectly, but there are still quite a few gaming platforms, such as Magic, Beam, MoBox, Wemix, ENJ, etc. Currently, the highest market cap is GALA (750 million USD). As mentioned earlier, the gaming sector has clearly been validated as a successful track, so it will surely perform well this time too. In March 2024, the maximum growth could reach around 4 times the return (0.015-0.07), but there were some issues with the project team in May when hackers illegally minted 5 billion GALA tokens and sold off 600 million, making a profit of 22 million USD. The actual loss for GALA was around 200 million USD. This is also an important security incident, leading to the token's price still being at a floor price position up to now.

But once bitten by a snake, one is afraid of ropes for ten years. Currently, GALA has almost been fully released, so there is no selling pressure, and this year many games have also been launched, such as (VEXI Villages), (Spider Tanks), etc., which are quite popular. It has also launched a music platform and a file platform, preparing to pursue a diversified development route. So from a big-picture perspective, there is no problem, and it is currently in an undervalued range.

6.JUP

The top DEFI aggregator on SOL currently has a market cap of 1.4 billion USD, and its FDV has reached 10 billion USD. Previously, we discussed an ETH aggregator, 1inch, which has been hovering around 300 million USD for a long time without making much progress. JUP's TVL has also surged, reaching 1.59 billion USD, and the project was launched at the beginning of the year, demonstrating its impressive capital-absorbing capability. JUP has indeed put effort into user experience; for instance, it has developed a DCA (Dollar-Cost Averaging) function for regular investments, and it also has its own DEX, similar to GMX, with a token similar to GLP called JLP.

The only current disadvantage is that there are still a large number of coins that are not unlocked, roughly around 8.7 billion, and the team's holdings are relatively high, about 40%. This is also why its TVL has surged so much while its token hasn't increased much. Previously, we always said that DeFi projects generally have a TVL/market cap ratio of about 1:1, for example, UNI's TVL is 4.9 billion, and UNI's market cap is 4.8 billion. JUP currently has a market cap of 14, while its TVL is 15.6, so as long as JUP's TVL continues to rise, its token price performance will definitely follow suit.