Characteristics of coins with 100-fold potential in the bull market
First, project release time
Among the last round of 100-fold projects, 76% were issued in the bear market of 18 to 20 years, while only 1.7% appeared at the end of the bull market. So focusing on new projects released in a bear market can be a successful strategy. After all, those who launch projects in a bear market and survive the bull market at least have some capital.
Second, in terms of market value
The market value when entering the market should be controlled below US$500 million, because when the last round of 61 100-fold projects started, they were all among the top 600 projects in terms of market value.
Third, narrative direction,
Among the 100-fold projects in the last round, the public chain track accounted for the largest proportion, accounting for 27.8%. Secondly, Lian, cross-chain, DEFI and MEME can focus on the emerging narrative direction in the next round. For example, I am personally optimistic about the l2 sector, and others include the Hong Kong sector, artificial intelligence sector and oil refining sector.
Fourth, institutions and investors are paying attention,
The participation of institutions that have invested more than 100 times of coins, such as Multicoin Polychin Alameda BN A16, may be an indicator of the quality of the project.
fifth,
Token distribution, unlocking and circulation are best distributed in the 40% to 60% range, which is the area with more probability distribution of 100x coins in the last bull market.
Sixth, the best time to enter the market is
It is best to open a position when the pie hits the second bottom before and after the pie is halved, because the lows of hundreds of projects are usually synchronized with the lows of the pie, and the market is coming out, so it is important to wait for the right time.
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