Check out 6 low-market-cap projects worth paying attention to on BRC20
Original author: AlΞxWacy, encryption researcher
Original compilation: Feilx, PANews
BRC-20 Narrative has achieved massive growth with a market capitalization of over $3 billion. Despite the current brief downturn, BRC-20 trading activity remains at a high level, and the space is expected to become a long-term hot narrative.
In addition, with the development of BRC-20 infrastructure and the currency listing support of CEX such as Binance, it not only enhances the liquidity of the market, but also highlights the importance of the BRC-20 ecosystem.
With the expansion of the BRC-20 ecosystem, it is expected that a large number of interesting projects will be launched. This article has taken stock of 6 low-market value BRC-20 protocols worthy of attention, covering application directions such as RWA, cross-chain bridges and lending (the following data are selected at the same time for December 16). It should be noted that this article is intended to provide market information and does not constitute investment advice, please DYOR.
One of the bull market investment strategies is to actively exchange old coins for new coins. The more mainstream alternatives to old coins currently on the market include: tia replaces sol base replace bnb zksync replaces op ayerzero replace link eigenlayer replaces ldo wormhole replaces uni linea replaces dot scroll replaces matic Recently I saw a point of view that bull market investment needs to change its thinking. For many old coins, it is necessary to appropriately exchange positions for new coins of the same type or quality, so as to get greater bull market dividends, because the market value of old coins has too much room for growth. Secondly, there are fewer holders of new coins, making it easier to get FOMO. Thirdly, retail investors always believe in speculating on the new rather than the old, and capital has more incentive to support new projects. Personally, I think there is nothing wrong with this view. New coins are indeed more imaginative than old coins. The main decision depends on the popularity of each currency, capital speculation or not!
1. The land of the Red Sea. It appears earliest, has the oldest topic, has the most limited expansion, and has no escape. Most of these are mining coins. It is expected that it will be difficult for the next bull market to surpass the highest point. How difficult is it? It is difficult to reach the sky. This category includes FIL, FLOW, BSV, LTC, ICP, etc.
2. Mediocre. It appeared earlier and was mainly born in the last bull market, that is, 2020-2021. Occupy a certain market. The project has not been completely given up, and we are still working hard to tell the story, but it is definitely low-frequency and limited. This kind of trend is mostly in line with the market. These include DOT, XRP, NEAR, ATOM, #MATIC , CRV, etc.
3. Advanced representatives. Appearing after 2021, it represents advanced productivity and future development direction. And the market value is relatively high, ranking high. This category will still shine in the bull market. These include OP, ARB, SUI, APT, #imx , AR, etc.
4. Rising star. It's just happened in the past two years. The stories told by the project are either useful or touching, and are relatively practical and highly feasible. There is plenty of room for development. Of course, it cannot be ruled out that some may die young. In this category, there are ORDI, KAS, ARKM, SATS, TIA, RDNT, etc.
The currency with a bull market of 20 times is highly recommended for collection
Today we are going to talk about a topic that everyone is interested in. We have talked about a lot of 100-fold coins before, but you have to know that 100-fold coins are hard to come by, but the probability of the bull market going down to 20-fold coins is very high, and The certainty is higher, so today we will take stock of which coins can rise to 20 times from the current stage, because we know that many coins have already doubled several times, but the meaning of today’s article is to start from the current stage. Calculated based on the currency price, there are still projects with a 20-fold increase. We rank them based on the fundamentals of the project (the market size, the degree of innovation/practicability of the project, the team of the project), the current market value (the size of the market value, the current circulation volume), stability (the probability of rising is greater than the probability of falling), and then it is only a data-level analysis without any endorsement or investment advice. The ranking is based entirely on personal experience and preference.
#Looking for 100 times the currency The first bullet of the Binance IEO project
Compared to looking for a needle in a haystack among thousands of projects, or choosing to bet on a dozen tracks, the Binance launchpad project can be said to be the cradle of 100x coins - with fewer targets and a high hit rate.
According to the data in Figure 1, ATH ROI is calculated based on IEO prices. Among the total 35 projects on Binance, there are 3 Thousand-fold coins and 7 Hundred-fold coins. The average ATH return on investment is approximately 18,481%.
Based on this idea, we screen out the projects that have surged in the last bull market, only count projects from 21 to 23 years, screen out the coins that are close to the IEO price and operate normally in the bear market, and remove Binance’s fan coin sector and the recent $BETA $LINA are two dangerous projects that have been added to the watch list by Binance. You can see that $TKO#C98$VOXEL $LOKA four meet the conditions and can be included in the bottom-buying fixed investment options.
$TKO: Indonesian exchange platform currency. Binance holds nearly 100% of the Tokocrypto exchange.
#C98: DeFi one-stop platform, including exchanges, wallets and cross-chain bridges, announced in August that it received a seven-digit investment from DWF Labs.
$LOKA: A multiplayer online strategy game, backed by many well-known VCs, and has many gamers. About 2,000 people are online in DC every day.
$VOXEL: A free 3D turn-based game. Every time Loka rises, voxel will follow suit. It is considered a sister currency. DC has more than 1,000 people online every day. It has fallen below the IEO price. The team is operating normally and updating the game.
The benefits of picking up the Binance IEO project are, in addition to the potential high rate of return, the most important thing is the margin of safety, low zero risk, liquidity, and the probability of rising is much greater than the probability of falling.
In a complete bull market, the pattern of fund rotation in sectors is usually BTC—ETH and public chain/L2—currently popular sectors—Web 3 infrastructure—GameFi/Metaverse—NFT—MEME currency/animals Coin – The bull market is over
Reviewing the last round of thousand-fold coins $matic, $axs, etc., they all traded sideways at the bottom for a year or two before the outbreak. Even Bitcoin broke through the all-time high and did not rise. It tests the patience and vision of currency holders, so investing spare money is particularly important.
Foam always floats on the surface of the water, but pearls are buried deep under the water.
The bear market is a good time to make plans and pick up leaks.#Lookingfor Hundred Times Coin series will be updated from time to time. I hope that when the next round of bull market arrives, we will all gain something.
In Xai Odyssey, I am currently ranked 2nd in the entire network. However, I still have a lot of points to earn, so the first reason shouldn’t be a problem. Since I shared it with everyone in the square, I must take first place!
I should be the cleanest person on the Internet who has organized the Xai project in every aspect, down to the smallest detail!