🔥🔥🔥The next 100x coin in the currency circle is revealed
🔥🔥🔥These tracks must not be missed!
在每一轮加密市场周期,也都会诞生一些百倍甚至万倍币项目,只要能够抓住那么一两个,你的整体收益都会提升一大截。
In fact, in 2023, many 100x coin projects have been born, such as the meme currency sector, brc20 sector, etc. There have been many 100x coin projects, but very few have been able to seize the opportunity.
But there is never a shortage of opportunities in the crypto market. If you miss it, you will miss it. New 100x coin projects will inevitably appear in the future. The important thing is how we can seize these opportunities.
In order to increase the probability of catching 100x coin projects, we might as well start with the 100x coin projects that appeared in the previous cycle and see what characteristics these 100x coins have. This may provide us with some useful clues.
一、上轮牛市百倍币特征
1. Track
L1: 14
L2: 2 pieces
MEME: 3
GameFi: 5
DeFi: 3
IoT: 3
NFT: 2
Cross-chain: 3
Cloud computing: 2
Metaverse: 2
Oracle (oracle): 1
It can be seen that among the 61 100x coin projects, L1 accounts for the highest proportion.
The reason why L1 accounts for the highest proportion among the 100x coin project is also related to the encryption industry background of the last market cycle.
In the last cycle, the Ethereum public chain was the only one, and it was still in the PoW era. Not only was the transaction gas fee high, but TPS was relatively low, and the transaction confirmation speed was slow. A CryptoKitties game almost brought down the entire Ethereum network. For that time For Ethereum, it is difficult to support the large-scale application of blockchain technology.
Under such an industry background, more and more L1 blockchains are emerging, dedicated to solving the outstanding problems faced by the Ethereum blockchain, so L1 accounts for the highest proportion in the 100x coin project.
After the infrastructure construction and precipitation in the last market cycle, the problems faced by the Ethereum blockchain such as high gas costs and slow speed have been basically solved. Not only L1 blockchains such as Solana have emerged, but also OP, Arb, etc. L2 blockchains, these blockchains greatly reduce transaction fees and increase transaction speeds.
In the meme currency sector, hundreds of times coins such as doge and shib were born, which has a lot to do with Musk’s mere mention on Twitter.
In addition to L1 and meme, in the last round of DeFi bull market, some 100x coin projects also appeared in the DeFi sector. In addition, many 100x coin projects were also born in the GameFi sector.
The 100x coin projects in each market cycle are closely related to the hot narrative of the current market. In this cycle, the probability of a 100x coin project appearing on the L1 track is low because of the performance and transactions faced by L1. The cost issue has basically been solved well by L2 and others.
2. Market value ranking
Quoting the analysis of Rooky_Bitcoin, judging from the market value ranking, in March 2020, 61 hundred times coins (secondary market) were born among the top 600 coins by market value.
Market value ranking TOP100, 11 in total, accounting for 18%
Market value ranking TOP100-TOP300, 21 in total, accounting for 34.4%
There are 22 companies in the market value ranking TOP300-TOP600, accounting for 36%.
Therefore, among the TOP300 coins by market capitalization, 32 100-fold coins were born, which is basically equivalent to 10 coins. One of them is a 100-fold coin, which is equivalent to one out of ten.
3. Holding time
It can be seen that each of the 100 times coins mentioned above is held for more than one year.
Moreover, the low time of the buying price and the low time of the Bitcoin price are basically synchronized, and the time of the high selling price and the high price of Bitcoin are also basically synchronized.
As we all know, the price of Bitcoin has reached a double top in 2021. The first breakthrough of 60,000 US dollars was in March and April, and the second breakthrough was in November. It can be seen that most of the selling high points of these 100-fold coins are also at the same time. They are distributed in March, April and November.
4. Price
From the prices of these 100x coin projects, we can see an obvious pattern, that is, the prices are generally relatively low. More than 50 of the 61 projects have purchase prices lower than 1, that is, with decimal places. .
The reason for this pattern may be that people tend to buy these lower-priced tokens, so that the number of holdings will be larger. Although the total value remains unchanged, at least the number of holdings will appear to be larger. For these prices with multiple decimal places, every 0 eliminated represents a 10-fold price increase. Human nature being what it is, people are often irrational when trading.
For a more detailed analysis of the 100x coin project, please refer to the analysis report shared by Rooky_Bitcoin on Twitter.
2. The current bull market’s 100-fold currency track
Each cycle has its own mainstream narrative, so we can only use it as a reference for the patterns presented by the 100x coin project in the previous cycle.
Because the market environment is very different from the previous cycle (of course some internal logic has not changed), we can make some predictions based on the current market trend.
那么,这一轮的百倍币项目大概率会出现在哪些赛道呢?我们不妨根据当下的加密市场做个简单的预测。
1. Bitcoin Ecology
In the current bull market, the Bitcoin ecosystem is undoubtedly the most outstanding performer. The basic protocol Ordinals has completely opened up the Bitcoin ecosystem. The DeFi in the previous bull market will be replicated in this round of Bitcoin ecosystem.
Moreover, compared with other public chain ecosystems, Bitcoin has gained a wider consensus. It is the underlying basic asset of the encryption market. The potential released by the Bitcoin ecosystem will be far greater than that of other public chain ecosystems.
Therefore, the market value of DeFi applications in the Bitcoin ecosystem will most likely be much higher than the market value of DeFi applications in other public chain ecosystems. When valuing DeFi applications in the Bitcoin ecosystem, you might as well be more imaginative.
At present, in the Bitcoin ecosystem, there are actually many hundred-fold or even thousand-fold coin projects in DEX, Lending, oracles, Bitcoin second-layer and other tracks. Inscription tokens like ORDI are all more than 10,000 times. increase.
但是,对于当下的比特币生态来说,可以说格局未定,每个项目都有机会成为所在赛道龙头的机会。
Although Multibit (MUBI) is the leader in cross-bridge chains and Bitstable is the leader in stablecoins, the official website of the project has been launched and a lot of actual data has been generated, and it is currently in the leading position in its segmented track.
However, for subdivided tracks such as DEX, Lending, Staking, derivatives trading, oracles, there is currently no obvious leading project, and many projects are even still in the concept stage, and the websites have not yet been launched.
In these subdivided tracks of Bitcoin DeFi infrastructure, there will definitely be more ten-fold and hundred-fold coin projects in the future.
In addition to replicating the craziness of Ethereum’s DeFi, Bitcoin does not rule out the possibility that there will be some subdivided tracks that are only suitable for the Bitcoin ecosystem in the future.
In addition, Bitcoin also faces similar problems to Ethereum, such as slow transaction confirmation speed and high gas costs. These problems are even more serious in the Bitcoin ecosystem, which provides opportunities for Bitcoin’s Layer 2 solutions. .
目前已有多个项目在做比特币 Layer2 了,未来,在比特币 Layer2 赛道也将会诞生一些十倍甚至百倍的优质项目。
In fact, the future outline of the development of the Bitcoin ecosystem seems to have become increasingly clear. Coupled with the halving of Bitcoin production, spot Bitcoin ETFs, etc., the Bitcoin ecosystem will give birth to the most 100x coin projects, so we must pay more attention to it.
In short, in this bull market, the Bitcoin ecosystem is a major narrative, and more high-quality projects with high returns will surely be born.
2. Solana Ecology
In addition to the Bitcoin ecosystem, there is a high probability that the Solana ecosystem will give birth to some high-quality 100-fold projects.
Compared with Ethereum, the Solana ecosystem deserves more attention. Whether in terms of gas fees or TPS, Solana is superior to Ethereum.
This year, the Solana ecosystem has performed unexpectedly. Not only has TVL surged, but most of the Solana ecosystem DeFi platform tokens have skyrocketed this year, and multiple 10x currency projects have emerged.
Moreover, the airdrops of projects in the Solana ecosystem are also relatively strong. This year, many airdrop projects in the Solana ecosystem have been issued.
In addition to DeFi, the leading projects in the current popular DePIN track are basically built on Solana, such as Helium, Hivemapper, Render, etc., which are all current popular DePIN projects, and they are also star projects in the Solana ecosystem. .
In addition, popular meme coins such as BONK and Silly were also born in the Solana ecosystem. These meme coin projects have brought popularity to the Solana ecosystem and brought more users and funds.
More users and funds are pouring into the Solana ecosystem, so the Solana ecosystem is very worthy of our attention and layout.
In this bull market, you can pay more attention to Solana DeFi, meme coins, and other subdivided tracks in the Solana ecosystem, and you can usually experience more applications in the Solana ecosystem.
3. New tracks (DePIN, DeSoc, DeSci, etc.)
Of course, the above classification is only based on the public chain ecology. From the perspective of the public chain, the Bitcoin and Solana ecology will produce the most 100x coin projects in this bull market.
In addition, with the continuous improvement of blockchain infrastructure, the application of blockchain technology is also expanding into traditional fields, resulting in the birth of some new tracks, such as DePIN, DeSoc and DeSci. These traditional fields are applying blockchain Chain technology is used to integrate resources.
The DePIN track has performed very well this year. Many projects have increased by more than 10 times this year. The DeSci track has also performed well recently.
Moreover, many cryptocurrency research institutions are optimistic about the development of the DePIN/DeSci track in 2024. There is a high probability that these new tracks will also give birth to a number of 100x coin projects. They deserve more attention. You can usually explore more high-quality projects in this track. project.
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