6 Characteristics of 100x Coin (100x Coin Track Classification)

Between 2024 and 2025, there will undoubtedly be a new round of bull market. In this new wave, whether you can obtain the huge profits brought by the bull market will depend on whether you can discover and deploy potential coins and hundred times coins in advance.

Now is a critical moment, choice is more important than hard work. Therefore, the current layout and choices need to be carefully considered to ensure that we can seize this important opportunity and achieve success in the future bull market.

The replacement rate of the top 100 stocks by market capitalization is 67%. The next round of bull market often requires new narratives to fill it. So, what are the characteristics of the 100x coin? Below we will share with you the 6 characteristics of the 100x coin.

1. 6 Characteristics of Hundred Times Coin

1. Market value ranking analysis

From the perspective of market value ranking, in March 2020, Among the top 600 currencies by market capitalization, 61 hundred times coins (secondary market) were born.

Among the top 100 currencies by market capitalization, there are 11 hundred-fold coins in total, accounting for 18%, namely #BNB, #LINK, #ADA, #DOGE, #VET, #SNX, #SOL , #THETA, #HOT, #ENJ, #LUNA, the old currency has a new narrative and is also a new growth point.

For example, BNB and BSC chains are separated from the attributes of a single exchange token.

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

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

There are 7 more whose market value is too low to capture data.

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, one out of ten.

2. From the perspective of investment institutions, there are only 9 documented institutions with a low proportion of investment

.

The main analysis shows that the fundraising method of cryptocurrency at that time still applied the traditional ICO logic of

in 17 years, and there were few institutional players. In addition, due to the restricted secondary market screening logic, many projects had not yet issued coins at that time. At that time, institutions such as: #Multicoin

#Polychain #Alameda #BN #A16Z later became the top capital of cryptocurrency!

3. Judging from the unlocked circulation situation

MC is concentrated in the 40%-60% range. It does not mean that full circulation is good, nor does it mean that little circulation is good. This is a strange phenomenon that cannot be falsified. There is no sufficient reason to convince myself yet (discussion welcome). There is a high probability that it is related to the time of birth, most of them were born in the 18th, 19th, and 20th years.

4. Looking at the time of project establishment

Among the 100 times projects, 76% of the projects were established during the 2018-20 bear market cycle, while only 24% were established before 2017 ( last cycle).

200 times more projects: 85% were created in 2018, 2019, and 2020. And only 1.7% of the 100x projects were created in the late bull market (2021). So from this logic, we should pay more attention to projects in 2022 and 23 years.

Inspiration: Pay attention to projects released in 2022, 2023, and 2024. Don’t look at old projects.

5. Judging from the unit price of tokens

Generally, people prefer varieties with cheaper unit prices. The lower the unit price, the more subjectively the same unit of USDT can be exchanged for more items. Tokens give people a sense of accomplishment or pleasure. This is a strange phenomenon, but the facts are here.

6. Optimal allocation time

The low point of Baidu Coin is basically synchronized with the low point of BTC, and the high point of Baidu Coin is basically synchronized with the high point of BTC. Judging from the current situation, the second bottom, 15,000 or below, is most likely the best time to buy a copycat. I expect that the pie will fall in the US financial crisis, and the forecast low may be 9800, but who knows. Make a good strategy and build positions in batches.

2. Classification of 100x coin track

1. Public chain

The largest number of 100x coins belongs to the public chain, with a total of 17, accounting for 27.8%. Among them, there are 14 in L1, 2 in L2, and 1 in L0.

Comment: In the last cycle, in order to solve the pain points of ETH expansion, TPS, GAS fees, etc., similar to the 2017 bull market, a hundred schools of thought contended in the public chain, and many of them were born #SOL, #MATIC, #BNB Such high-performance public chains have brought prosperity to our cryptocurrency market!

The probability of a hundredfold public chain being born in the future will be L2, L0, and private public chain. There is actually little point in doing L1 again. Whether L2 is the current OP or ARB, or the future ZK, they are all good options.

2.GameFi

The second largest number of 100x coins belongs to GAMEFI, with a total of 5, accounting for 8.2%.

GAME has always been a battleground for traditional WEB2 military strategists. There was Tencent NetEase before it and MiHoYo later. This track is the most profitable and the most traffic-generating. At the same time, it is also the best educational tool to train users outside the circle to enter WEB3. Only when there are more people and a stronger consensus, and the market value of cryptocurrency continues to reach new heights, can institutions cash out at a better price and leave the market. Therefore, institutions are also willing to invest, so they are naturally the hottest among hot spots.

In the game track, there are those who make super applications, such as #AXS, #GMT, and those who make public game chains, such as #IMX, #RON. There are those working on the entire game ecosystem, such as #GALA, #MAGIC. There are many path options. There is a high probability that this track will be the area where the most 100x coins will be born in the next cycle.

3.DeFi, MeMe

The third largest number of hundred-fold coins belongs to cross-chain, IOT (Internet of Things), DEFI, and MEME coins. There are 3 respectively, accounting for 4.9% respectively. In these directions, there is a high probability that the Internet of Things will have nothing to do with it in the next cycle. Cross-chain is a rigid need. One or two kings of MEME will definitely be born. It depends on fate. There will definitely be one. The way is to do more on-chain analysis. The correlation between addresses and the whale’s ability to capture.

This can be expanded upon in the future, and combined with the tool DEFI, it should be the top three track for generating 100x coins in the next cycle.

Among them, I focus on: the direction of derivatives in DEFI, the direction of algorithmic stable coins, the direction of credit and credit, NFT borrowing and lending, NFT liquidity, and CRV ecology. There is a high probability that hundreds of times the currency varieties will be born in these areas. Fortunately, these projects have emerged and are growing, so they are worth looking forward to.

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