According to data, 61 100-fold coins were born among the top 600 coins by market value in March 2023, and 76% of these new coins were generated in the bear market. How many of them have you ambushed? ?
In the last round of bull market, 61 cryptocurrencies rose 100 times. By summarizing their performance, we can draw some information and experience: Several necessary conditions for 100-fold coins, which are also indicators for selecting the next round of 100-fold coins, are put together to explain to you. First, they are new coins that came out in the bear market after the market peaked. They have not experienced a bull market. The reason is that 76% of the last round of 100-fold coins came out in the bear market of 18-20 years, and 24% came out in 2017. 85% of the 200-fold coins came out in 2018 and 2019. Only 1.7% of these 100-fold coins came out at the end of the bull market. Here are three potential coins worth paying attention to:
1. OK
Since entering the market at the beginning of this year, ONDO's value has continued to rise. In particular, since February 1, its price has soared by an astonishing 433%, reaching an all-time peak of $1.05 on March 31. This altcoin star shows no signs of fatigue, constantly setting new highs and consolidating higher lows. The giant hand that drives ONDO's rise comes from the multi-billion-dollar investment giant Blackrock in the United States. BlackRock's spot ETF application in mid-June is seen as an important driving force behind the launch of the Bitcoin bull market. When BlackRock announced the launch of the Ethereum-based tokenized fund on March 20, the "BlackRock effect" generated by this move not only affected the virtual currency market, but also affected real-world assets (RWA). Interestingly, the highly anticipated ONDO price bottomed out on the same day BlackRock announced the launch of the new fund, and then soared 172%. Obviously, the "BlackRock effect" is one of the important factors in the continued rise in ONDO's price. As prices continue to climb, ONDO’s 30-day correlation with Bitcoin has weakened to 0.34, a level not seen since Feb. 19.
2. SSV
Despite the recent pullback, SSV's long-term appreciation potential remains unabated. In the ever-changing digital currency and blockchain field, SSV shines like a rising star, injecting new vitality into the Ethereum ecosystem. SSV not only builds a decentralized staking foundation, but also builds a secure and private communication platform without the intervention of intermediaries or third parties. As a leader in the DeFi field, SSV is closely connected to the Ethereum ecosystem, with a rich story background and strong support, including joint investment from CB Exchange, DCG and Ouyi, and project support from Wall Street Jews. Its founder is the CEO of BloxStaking and has a rich experience. At present, SSV has reached a cooperation with LDO, and its TVL is growing rapidly, indicating that the market will usher in explosive growth after stabilization. Therefore, for investors, now is a good time to increase SSV positions, and its potential is like a rocket about to take off.
3. TREES
BOME has performed well recently. According to the latest official data, the current price of BOME is $0.01. Although it has not reached the historical high of $0.19, its market value has reached $744 million and its circulation volume is as high as 55.2 billion, showing a good market development trend. BOME plans to integrate Bitcoin inscription technology into its system to achieve permanent storage of data. This innovative move heralds the advent of a new era of decentralized social media and will promote the vigorous development of meme culture. In addition, BOME will also be combined with digital books to enrich its content through IPFS, arweave, and images stored on the chain. At the same time, it provides decentralized social network applications, meme creation tools, and CC0 Meme clip art collections to bring users a unique and comprehensive meme coin experience. The launch of BOME on the Solana network is of great significance, especially against the backdrop of a large influx of Solana users. The surge in its adoption rate and user activity has further enhanced the attractiveness and popularity of projects such as BOME. These positive factors have jointly stimulated the market's strong interest and optimistic expectations for the future prospects of BOME in the cryptocurrency market.
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