Big data summarizes the characteristics of 100x coins in the bull market in 2021: (the last one is the most important)
1. Speculate new concepts, with excellent fundamentals, and hot spots belong to sectors: such as modular sector, Ai sector, game Ai sector, Rwa sector, Depin sector, and Bitcoin ecological sector 2. Among the top 300 by market capitalization, a total of 32 hundred-fold companies were born Coins, among the top 100 currencies by market capitalization, 11 hundred times coins were born, a total of 11 coins were born, and among the top 100-300 currencies by market capitalization, 21 coins were born
2. The institutions behind Hundred Times Coin at that time: Multicoin, Polychain, Alameda, BN, A16Z, Gradient, coinbase, which required investment from well-known institutions
3. Unlock the circulation situation. Hundred times coins are concentrated in the 40%-60% range, with a market value of less than 500 million.
4. Choose new projects that have been launched in the past 2 to 3 years, and try not to choose projects that have a history of 4 to 5 years: among 100-fold projects, 76% were established during the 18-20 year bear market cycle, while only 24% were Before the 2017 bull market was established. So from this logic, in this bull market, projects in 22-24 years should allocate more long-term projects.
5. Focus on projects with unit prices between US$0.01 and US$3. Lower unit prices can attract more retail investors. When the unit price is low, even if the project increases 100 times, retail investors will not feel that the price is too high and will be more willing to continue. Projects like this deserve close attention
6. The bottom of the daily level has been sideways for a long time. After the bottom has shrunk for a long time and has been sideways for a long time, it has continued to put in huge amounts to push up to new highs before it really started to go online. There is no hold-up plate above, no pressure to pull the plate, and no upper limit.
7. Binance’s Launchpad has shown strong investment strength in the bull market. In Binance’s last bull market, the IEO project’s hit rate of 100x coins was 62%. We have counted the number of newly launched Binance IEOs from 21 to 23 years. There are no coins that have risen sharply and are approaching IEO prices in the bear market and are operating normally, as well as the large participating institutions that have been banned in the group.