How to find the next round of 100x coins and achieve financial freedom
100x coins in the currency circle appear in almost every cycle, such as the public chain star coin SOL and GameFi giant AXS in the bull market of 2021. They gradually exerted their strength after the secondary market was launched, and eventually became 100x or 1,000x coins.
1. Pay attention to projects established during the bear market
For projects established during the bear market and not experiencing a bull market, investing in low-priced varieties can increase the probability of finding 100x coins. Look for projects with relatively small market capitalization, pay attention to innovation potential and market prospects, and evaluate project background and team strength at the same time. The circulation rate should be above 80%.
The main tracks include:
- Public chain: such as SOL (100x), AVAX, Matic
- DeFi: such as Uni, Cake, Aave, CRV
- GameFi: such as Sand, AXS (1600x)
If you can't hold 100x coins for a long time, you can also choose a medium-term large-band cycle to quickly recover funds and improve short-term utilization.
2. Replacement rate of the top 100 currencies by market capitalization
On March 15, 2020, the replacement rate of the top 100 currencies in the cryptocurrency market was 67% compared to the market peak on November 8, 2021. The next bull market is likely to repeat this trend, and new narratives will fill the top 100 projects.
3. Participation of investment institutions
Institutions that invest in 100x coins include Multicoin, Polychain, Alameda, BN, and A16Z (Alameda has returned to zero). The circulation and unlocking situation is usually in the range of 40%-60%, which is also the common probability distribution of 100x coins in the last bull market.
4. Circulation and unlocking situation
The circulation and unlocking situation have a significant impact on potential 100x coins, mainly distributed in the range of 40%-60%.
5. Project establishment time
About 80% of the 100x projects were established in the 2018-2020 bear market, and 20% were established before 2017. It is also important to pay attention to new projects in 2022 and 2023.
6. Token price
Investors generally prefer coins with lower price. Although the price cannot fully reflect the value, the market psychology does prefer low-price coins.
7. Relationship between market value and circulation
The relationship between market value and circulation is a key indicator for finding potential 100x coins. Projects with smaller market value usually have greater room for growth.
8. Industry fields
Focus on DeFi, cross-chain interoperability, infrastructure, Layer2 and X2E. The background of the project, team strength and funding adequacy are also important factors.
