From: Waterdrop Capital

How to buy 100x coins in the secondary market?

Our fund partners summarized the characteristics of the 100-fold projects in the last bull market:

Low market capitalization/low unit price is the basis for large increases. High market capitalization requires a new story.

In March 2020, 61 hundred times coins (secondary market) were born among the top 600 currencies by market value.

There are 11 coins in the top 100 by market capitalization, accounting for 18%. (BNB/LINK/ADA/DOGE/VET/SNX/SOL/THETA/HOT/ENJ/LUNA) The replacement rate of the top 100 is 67%. A new cycle requires a new narrative.

Among the currencies with the top 100-300 market capitalization, there are 21 hundred times coins, accounting for 34.4%.

Among the currencies with the top 300-600 market capitalization, 22 were born, accounting for 36%.

There are still 7 companies whose market value is too low to capture data for reference.

So overall, among the top 300 by market capitalization, a total of 32 hundred times coins were born, accounting for 10.6% of the total.

Back to the topic, how to buy 100-fold coins? In fact, the answer is very simple. Just buy blindly with your eyes closed. As long as you buy a few more, you will have a high probability of encountering 100-fold coins.

So next time you see someone showing off a hundredfold coin, don’t be envious, because he didn’t tell you about the others that didn’t rise.

What really makes big money is how to allocate limited funds so that the heavily held coins can increase hundreds of times and be able to hold on to them. This topic is quite profound, and we are also studying it.