Will there be a virtual currency that will soar 100 times in 2024?
Speculating in cryptocurrencies is essentially the same as speculating in stocks, and both are zero-sum games.
So how do you choose a 100-fold coin?
1. In terms of market value, the circulating market value and total market value must be low. It is best if there is no project party with a market value of less than 30 million, or the project party holds a very small proportion of the currency, has no impulse to harvest, and has pragmatic actions.
2. Choose a new narrative and avoid too unpopular tracks. The new narrative should be long-term value discovery rather than short-term cyclical speculation.
3. Coins with 100-fold potential are usually in areas that no one pays attention to. Those coins that are known to the entire network either open high (such as ICP) or have normal valuations (such as ARB), and their unit prices are difficult to increase by 100 times.
4. The launch time of the token should be at the end of the bull market or the beginning of the bear market. When researching or buying, the circulation rate should preferably exceed 50%.
5. The unit price should be low, and there should be multiple zeros after the decimal point. If the unit price is too high, such as a few hundred U or a few thousand U, more than 80% of the leeks will be scared away. Especially in the bull market, most of the new entrants are leeks, they only look at the unit price and do not understand the market value.
6. Give priority to public chains or head protocols on public chains, such as the public chain on the aunt chain.
