Searching for hundredfold coins in the crypto world, don't miss these tracks!
In every cycle of the crypto market, several hundredfold or even thousandfold projects always emerge. As long as you catch one or two, your returns can soar.
In 2024, sectors like meme coins and brc20 have already produced quite a few hundredfold coins, but not many have truly grasped them. However, don't be discouraged; there are plenty of opportunities in the crypto market, the key is knowing how to seize them.
If you want to increase your chances of catching a hundredfold coin, we can take a look at the characteristics of hundredfold coins from the last cycle; perhaps we can find some clues.
Based on data, let's analyze:
1. What are the characteristics of hundredfold coins in the last bull market?
1. Tracks
There are the most L1 projects, with 14; L2, meme, GameFi, and DeFi also have some, but in smaller numbers. Each round of hundredfold coins follows the current hot topics.
At that time, Ethereum was dominant, but it had many problems, such as high gas fees and slow transactions. Therefore, L1 projects emerged to solve these issues. Now many of these problems have improved, with L1s like Solana and L2s coming out, which are faster and cheaper.
In the meme coin sector, doge and shib became popular, thanks to Musk mentioning them a few times on Twitter. DeFi and GameFi also have quite a few hundredfold coins.
In this round, the probability of L1 producing hundredfold coins is low because L2 has solved these problems.
2. Market Cap Ranking
In March 2020, among the top 600 coins by market capitalization, 61 later increased by a hundredfold. Among them, there were 11 in the top 100, 21 from 100 to 300, and 22 from 300 to 600. In other words, among the top 300 coins, one in every ten has the potential to become a hundredfold coin.
3. Holding Time
These hundredfold coins are held for more than a year. Moreover, the buying and selling points are basically synchronized with the rise and fall of Bitcoin.
4. Price
Most hundredfold coins start at a very low price, often with decimal places. This may be because people prefer to buy cheap coins, which are plentiful and visually satisfying.
If you want to seize this bull market, it's definitely too late to learn on the spot; it's best if someone can help you get started quickly.
I am Uncle Lei, welcome to communicate!
