Let’s go straight to the standard.
The standards are divided into two parts: threshold standards and advanced standards.
(Sister Baoying said: Sharing good articles is also an attitude)
1) All threshold standards must be met, otherwise the research will not be considered as a hundredfold standard.
2) At least 3 of the advancement criteria must be met.
If this project does not meet the threshold standard for a 100x coin, or meets the necessary conditions but fails to meet the three advanced standards, but is still a good project after preliminary research, then it may be a coin that can increase dozens of times and also requires special attention.
1. Threshold conditions
1. Current or estimated market value range: between US$2 million and US$200 million.
If the market value is less than 2 million US dollars, it will be difficult to reach a market consensus, and it will be difficult to obtain much analytical information through the Internet and offline. For projects in the fog, unless the founder is your sworn wife, it is better to give up.
It's not that there is no chance for a company with a market value of more than 200 million US dollars. How can it grow 100 times to 20 billion US dollars so "blatantly"? Is it your turn to research such a project? Just Google it and you will find a lot of research.
2. Is it a new coin? A new project that has not experienced a complete bull and bear cycle.
There are too few examples of old coins being reborn. It is better to talk about rebirth than to play a time travel. In the last bull market, Bitcoin and Ethereum have already exceeded their previous highs by a large margin. BCH, LTC, and XRP are like dead fish. It is not that they have not skyrocketed several times.
In a bull market, if the increase cannot even exceed that of Bitcoin, you might as well just buy Bitcoin and Ethereum. What’s the point of playing with the hundredfold increase?
The superficial reason is that everyone thinks that there is a lock-in, so it is difficult to pull the market. The fundamental reason is that most of the old crypto projects focus on the golden finger story of Cheng Yiyan making a fortune out of nothing. In essence, there is no fundamentals at all, and they are mainly about telling stories. So instead of listening to old stories, it is better to listen to new stories and watch the 100-fold coins rise from the ground.
3. Track innovation – have new tracks been created?
No innovation, no 100-fold growth, it’s that simple. Based on an old story of an old project, whether it is incremental improvement or powerless elaboration of dreams that have never been achieved before, it is difficult to create the myth of a 100-fold turnaround.
You may argue that some projects, such as FIL’s dream of decentralized storage, cannot be realized for the time being simply because of the immaturity of packaging technology;
For example, HNT’s dream of the Internet of Things is only because distributed IoT devices are not yet widespread enough. For example, the story of the metaverse is only because multiple infrastructures such as VR, network latency, token economic system, transmission and storage have not yet been successfully built.
As long as these projects can essentially solve problems, telling the old story again, or hyping up some small innovations, is it impossible to increase the revenue by a hundred times?
I still believe that without substantial innovation, even if it is the "inevitability" of first-order innovation, it will be difficult to arouse the market's hundredfold fomo enthusiasm. It would be better to change the track to other new projects and then tell the stories of new projects.
2. Advanced conditions
1. Difficulty in communicating to the public
Projects that have clear logic and scenarios from the beginning are like shining stars on the sea. Although they attract attention, they are often quickly captured by explorers, their value is quickly absorbed by the market, and their appreciation space is limited.
The real 100x coins are like treasures hidden in the undercurrents of the deep sea. They may be unknown at first, even misunderstood and ignored, because they carry a certain mysterious veil that makes people afraid. It is these problems and doubts that make them cheap at the beginning, leaving room for future "turnaround" and explosive growth.
In this deep-sea expedition, few people know about it, and even fewer believe in it. These hidden treasures maintain their low value before being discovered by the public. But once discovered, they may become legendary pearls of the sea, bringing incredible rewards to brave explorers.
2. Luxurious financing: Is there any investment from well-known institutions?
There is a godfather, a crab walking sideways. Whether it is Matic, the son of Sequoia with a golden key in the early stage, Axs, the son of BN born in a golden cradle, or Sol, which was crowned by A16Z later, there is no need to say more. Of course, I prefer not to make too much investment from well-known institutions in the early stage, and invest a little bit, the opportunity is greater.
3. Awesome team and supporters – team composition, energy and influence of the founder or behind-the-scenes supporters.
This is the same as the previous point. Especially for tokens with a centralized tendency that are not issued fairly by project parties, it is easy to exert centralized influence if you can hold the thighs. If you are the thigh, the halo effect will be even greater.
4. High market capitalization ceiling - Benchmarking against leading projects of the same type, predicting the upper limit of market capitalization growth.
Cryptocurrency trading is a numbers game, so since you have already dreamed of a hundred times, why not benchmark against Longyi? Of course, you should benchmark against L1, and don’t imagine that your benchmark will surpass Bitcoin and Ethereum for the time being.
In addition (in addition to the corresponding No. 1 in this track, different tracks also determine the upper limit of your investment target), the No. 1 in the L2 track and the No. 1 in the education sector are incomparable.
Of course, it is also possible that this track may come from behind in the bull market, and the overall market value of all tracks may increase as a whole, so a comprehensive analysis is needed.
5. Excellent economic model - whether there is a unique economic model and circulation mechanism, the seed round price of institutional investors and the allocation ratio (dual currency model, unlocking time, etc.)
If the above four points are macro standards, then the next two points are micro standards. After the narrative shell is established, the next key issue is the supply and demand of tokens. A high-quality economic model must find a balance point based on the project type and the timing of the token issuance, using heat to resolve selling pressure and using time to exchange for space.
From the perspective of cryptocurrency speculation, we have to praise FIL of that year. If you are a cryptocurrency speculator, it’s quite cool. The high price was maintained for a long time, and it was the economic models such as staking and locking that avoided market selling pressure.
Of course, if you are a miner, it is a bit miserable. Of course, in this article, we only select projects from the perspective of cryptocurrency speculation.
6. Tokens are fully empowered - whether the tokens can capture the value generated by the project (staking, burning, use, governance)
I have said this too many times in previous programs. Empowerment, destruction, those who understand will understand. Continuous issuance, especially for gaming projects, is actually quite scary to think about. There are very few projects that can support continuous issuance and unlock a large number of tokens.
7. Active community: community atmosphere, cohesion, and activity (including retail investors and developers) can reflect crypto fundamentalism
The last point may be particularly applicable to various types of Fair Mint tokens led by BRC20 in the past six months. Especially in the early stages, the sinking community is much more important than the previous standards.
Rats is a project that was purely hyped up by the community.
The next one may be AMB, so Pi, which was previously criticized by everyone, may have found the best track for itself to CX through BRC20.
Having said the basic standards, there is another simple method that is safe and efficient, which is to directly pay attention to the exclusive projects of the top few exchanges.
As the exchange's coin listing team has unique vision and project review capabilities, these carefully selected projects can help its users avoid pitfalls relatively accurately and get started with high-quality potential projects as soon as possible.
1) Binance’s launchpad
The coins here not only meet the conditions of the standards originally announced in 2019: the project development is at a relatively mature stage, has the conditions for large-scale application, has a strong and persistent team, and has the potential to promote the growth and development of the entire cryptocurrency ecosystem.
Moreover, these coins are sold exclusively by large firms, in which they have invested heavily and in which they are deeply involved.
Many projects claim to be incubated by Binance Labs, commonly known as Binance’s own sons, but most of these sons are the illegitimate children left behind by the licentious emperor. You should know that Binance Labs has now incubated more than 200 projects, covering almost all areas of the crypto market, including: infrastructure, public chain, NFT, GameFi, Metaverse, DeFi and CeFi, etc. You can see that this is the main approach of casting a wide net and making miracles happen with great effort, so some people who want to follow a Binance-incubated project from beginning to end may be able to become an Uncle Liu, but the greater probability is that they will just live in the slums of Naples all their lives.
However, only a few of them can actually be put on Launchpad. As you can see, only four have been released after the end of 2022, so Arkham, edu, id, and hook are all worth paying attention to.
Binance also has a new coin mining program, which also has many high-quality projects. Most of them have seen growth far exceeding the overall market in the past six months.
Sei has increased 7 times from its lowest price, NTRN 6 times, pendle 4 times, cyber 2.5 times, and MAV 2 times. So for MEME and ACE that have not risen yet, or even NFP that has plummeted, maybe you don’t need to be too anxious. After all, Binance is likely to find high-quality projects. Maybe they won’t increase by a hundred times, but they will definitely not be garbage.
Finally, regarding Binance and BNB trading pairs, some projects incubated by Binance are not widely recognized by the market, but are valued by Binance. They can enjoy the spillover of Binance traffic. Such altcoins generally only have BNB trading pairs opened, and no Usdt trading pairs.
2) Jumpstart of Ouyi
We can now see TAKI and ELT that were launched in the past. At a glance, their issuance cycles and other characteristics are more in line with the above standards for 100x coins.
Some people asked why Sui was not chosen. On the contrary, it is difficult for a larger project like Sui to increase by 100 times (not impossible). On the other hand, this is another consideration of the Euro Exchange: grasp market hotspots and attract traffic.
3、Bitget
Bitget's first NFT star project BLUR, the MEME coin upstart PEPE, and BIGTIME in the second half of 2023, etc., have performed amazingly.
Furthermore, Bitget is also faster in launching popular projects.
It can be clearly seen from the above figure that many projects launched by Bitget were later launched on Binance. For example, BLUR was launched by Bitget in early 2023, and Binance was launched on November 24. At present, BLUR has risen by 4692% compared with the initial launch of Bitget. As for the recently popular BRC-20 track, Bitget also laid out early. As early as May 10, 2023, Bitget launched the ORDI token, the leader of inscriptions. The initial price was only 1 US dollar, and with the launch of ORDI on Binance, its price has risen 80 times, and now the price is 80U. Similarly, SATS, which has recently aroused heated discussion and attention in the community, was launched by Bitget on November 9, and with the launch of Binance, the price of SATS rose by 769%. Therefore, if you lay out these tracks in Bitget in advance, the wealth effect will be more obvious.
Pay attention and share valuable information in a timely manner.