《Unpopular Places Have Explosive Returns》
1. Currently, the entire market's attention is on AI, and everyone is showcasing their AI selections, so I won't join the frenzy. Let's talk about something niche: the Dog of the Bitcoin ecosystem.
Dog currently has a market cap of 900 million. It has increased 4-5 times from the bottom in September.
Ordi is currently around 700-800 million. Dog has gradually stabilized its lead over Ordi.
This means that Runes is gradually replacing Brc20.
Dog has the potential to become the number one meme on BTC.
2. Let's do a simple calculation.
Currently, shib accounts for 3.4% of ETH's market cap.
wif accounts for 2.7% of Solana's market cap.
We can see that the on-chain meme dragon one accounts for about 3% of the chain's market cap.
Note that this number could increase during altcoin bull markets.
3. So what is Dog's current market cap as a percentage of BTC's market cap?
0.045%.
What if Dog reaches 1% of BTC?
Then Dog would grow 22 times.
Adding BTC's own 2 times, that would be about 45 times.
4. How about the logic above?
I find it very solid, simple and straightforward. Logic that can be explained in a few sentences is often the most effective, much more reassuring than a bunch of flashy agents that make simple-minded people feel more secure.
Is the above logic guaranteed to be realized? Not necessarily; memes certainly carry risks.
The overall market might not do well, a new standard might defeat Runes, Dog's whales might have a small layout, or a new target might surpass Dog.
That doesn't matter. Buy Dog, having held from the bottom until now, already with the determination to hold it to zero, only things with a hundred-fold potential are worth holding onto. Only simple and solid logic can allow one to sleep soundly.
Recently, I plan to ambush a potential coin that is set to explode; doubling it is quite simple, and I also plan to find some potential coins to hold until the end of the year, expecting a growth space of over 10 times is not a problem. If you want to follow along, check out my bamboo leaves, leave a message, follow, and like.
