To find the next round of coins that may achieve a hundredfold growth in the cryptocurrency market and achieve financial freedom, you can follow the following strategies:
1. Look for projects that were launched during the bear market but have not yet experienced a bull market. Generally, lower-priced coins are more likely to become hundredfold coins, especially those with small market capitalization, innovation potential and market prospects. At the same time, pay attention to the project background, team strength, and projects with a circulation rate of more than 80%. In the big bull market from 2020 to 2021, many hundredfold coins emerged in sectors such as public chains, DeFi, and GameFi.
2. Observe the top 100 coins in the current market value, because in the next bull market, many new faces are likely to appear. If the existing top 100 projects want to maintain their position in the next bull market, they need new stories to attract investors.
3. Pay attention to the investment trends of investment institutions. Institutional investors such as Multicoin and Polychain have invested in many projects that have achieved a hundredfold growth. Projects with a circulation rate of 40%-60% have a higher probability of appearing hundredfold coins in the last bull market.
4. The unlocking circulation rate is an important consideration. Generally speaking, projects with an unlocking circulation rate of 40%-60% are more likely to become 100x coins.
5. The time when the project was established is also important. Most 100x coins were established during the bear market from 2018 to 2020, and some were established before 2017. Therefore, attention should be paid to newly established projects in 2022 and 2023.
6. The unit price of the token is also a consideration. The market prefers low-priced coins. Although the price does not fully reflect the value of the project, psychologically, investors usually prefer low-priced coins.
7. The relationship between market value and circulation also needs to be carefully analyzed. Projects with small market value and small circulation usually have greater potential for growth.
8. The industry field is also a factor that cannot be ignored. In the fields of DeFi, cross-chain, infrastructure, Layer2 and X2E, projects with strong backgrounds, strong team strength and sufficient funds are more likely to become 100x coins.
Through these strategies, you may be able to discover the next potential 100x coin, but remember that the cryptocurrency market is full of uncertainty and you should conduct sufficient research and risk assessment before investing.