1. 10 Potential Coins Deep Analysis
1. PEPE: The "Phenomenal Representative" of the MEME Coin Sector
As the leader of the "Earth Dogecoin" trend, PEPE's growth can be described as a "mythical case" in the crypto market—within less than a year, its market value skyrocketed from $140,000 to $100 million, becoming a landmark asset in the MEME coin sector.
It should be noted that PEPE's price and market value are greatly influenced by market sentiment, industry heat, and overall crypto trends. From the current market value of $600 million, if it subsequently corrects by 3-4 times (i.e., the current price divided by 3-4), it can be considered a relatively reasonable layout range, which needs to be judged in conjunction with market sentiment dynamics.
2. WLD (Worldcoin): The 'Wall Street Power' of the AI + L2 Track
Backed by a Wall Street background team, WLD focuses on 'AI + L2' (Wave Land) as its core concept, recently announcing the launch of a dedicated public chain, scheduled for formal release in May-June this year (summer), aligning with the current mainstream narrative of the crypto market.
From the current market capitalization and token circulation, WLD's valuation has not yet been fully released. If subsequent public chain progress and ecological collaborations land positively, there is a possibility of short-term doubling; attention should be paid to project progress and industry enthusiasm resonance.
3. PENDLE: The 'Multi-Chain Player' of DeFi Yield Tokenization
As a multi-chain deployment revenue tokenization protocol, PENDLE's core mechanism is 'separation of principal and interest for yield tokens': users can purchase underlying assets at a discount, while yield traders can express their long or short views on the yield of yield-bearing assets through trading yield tokens (YT) (specific mechanisms will be elaborated later).
As of now, PENDLE's TVL (Total Value Locked) has exceeded 4 billion USD, but its market capitalization remains relatively low. Given its scarcity in the DeFi yield track, the long-term target price is expected to exceed 10 USD, indicating significant growth potential.
4. PIXEL: The 'Scarcity Currency' of the GameFi Track
Created by the AXS team (Axie Infinity), PIXEL is positioned as an 'Advanced Currency' within the game, with core uses including purchasing scarce items, character upgrades, and appearance enhancements—these items do not participate in the core game loop and are harder to obtain, with user demand concentrated on scenarios like 'saving game time' and 'enhancing social status'.
From the perspective of the supply mechanism, PIXEL's issuance is highly controllable: only 100,000 new coins are minted daily, and they are only distributed to active players who contribute to the ecosystem, avoiding inflationary pressure. It is important to note that PIXEL is positioned differently from the 'basic circulating coin BERRY' within the game (BERRY is easy to obtain and supports the core loop), and its value will rise in tandem with the activity level of the game ecosystem.
5. PYTH: The 'New Force in the Solana Ecosystem' of the Oracle Track
As the native token of the Pyth Network, PYTH's core value is to provide 'price feed services' for the Solana (Sol) ecosystem, aligning with the current narrative logic of Sol chain ecosystem expansion.
Although PYTH currently has no direct staking rewards, the project team has previously launched generous airdrop activities, and more ecological projects are expected to join in future collaborations. Despite being a new coin, PYTH's foundational ecosystem is still being improved, but leveraging the traffic dividend of the Sol chain, if community building and practicality can be further strengthened, it is expected to become a 'dark horse target' in the oracle track, with long-term potential worth looking forward to.
6. ENA (Ethena): The 'Crypto-Native Solution' of the Stablecoin Track
Jointly invested by Anhe and OKEx, Ethena is a synthetic dollar protocol based on Ethereum, with the core goal of creating a crypto-native stablecoin that 'does not rely on the traditional banking system'. Its two core products are the 'Internet Bonds' (USD-denominated savings tools) and the synthetic dollar USDe.
The advantages of USDe lie in its 'resistance to censorship, scalability, and full transparency': by hedging the Ethereum collateral through derivatives position delta hedging, it ensures stability in anchoring to USD, and it can freely integrate into the DeFi ecosystem. The 'Internet Bonds' integrate Ethereum staking yields, derivative market funds, and basis to provide USD savings options for users in compliant regions.
From the perspective of market space, the market capitalization of leading stablecoins often exceeds 10 billion USD in bull markets. ENA's current valuation is relatively low, conservatively estimated to have a 10-fold space; if the ecosystem lands smoothly in the long term, a 50-fold growth potential is expected.
7. SAGA: The 'Modular New Star' of GameFi Exclusive Layer 1
As a Layer 1 protocol designed specifically for games, SAGA's core vision is to 'solve the pain points of scalability and interoperability in blockchain games'. After launching through Binance Launchpool on April 5, 2024 (the 51st project), it surged over 20% within 24 hours, demonstrating significant market enthusiasm.
Its core advantages are: first, the 'modular blockchain' positioning that fits the high concurrency demands of games; second, high market recognition, attracting over 13 billion USD in funds for staking mining in the early stages, making it the largest project in the history of Binance Launchpool; third, the token mechanism is clear, with a total issuance of 90 million coins and cumulative financing of 15 million USD, indicating a relatively reasonable valuation, which is expected to benefit from the long-term expansion of the GameFi ecosystem.
8. ORDI: The 'Pioneer' of the Inscription Track
As the first BRC-20 token based on the Bitcoin blockchain, the birth of ORDI is quite 'accidental'—it was initially just an experiment by developers based on the Ordinals theory, aimed at testing whether 'Bitcoin can issue homogeneous tokens like ERC-20'. The total supply is 21 million (consistent with Bitcoin).
It should be clear that ORDI is fundamentally different from Ethereum's ERC-20 tokens: Bitcoin does not support smart contracts, BRC-20 is not a smart contract token, there is no project team, no actual application scenarios, and no technical support. The price fluctuations depend entirely on community consensus and market enthusiasm, making it a 'pure MEME + inscription asset'.
As the leader of the inscription track, ORDI is currently in a relatively retracement range. If the enthusiasm for the inscription track rises in the future, it can be seen as a layout opportunity, but one must be wary of the volatility risk driven by 'pure consensus'.
9. LPT (Livepeer): The 'Institutional Heavyweight Target' of Web3 Video Infrastructure
LPT is backed by strong investment institutions and is core positioned as 'Web3 Video Streaming Infrastructure', providing computing power and technical support for decentralized video platforms. Its fundamentals are solid, and its current market capitalization is low, offering 'low-cost, high-return' layout attributes.
From the characteristics of the market, once LPT enters an upward cycle, its growth potential is strong, and the retracement range is relatively limited—its value logic is deeply bound to the expansion of the Web3 video ecosystem. If the decentralized video track sees a breakthrough in the future, LPT is expected to become a 'low-valued dark horse', suitable for long-term layout.
10. TON (The Open Network): The 'Traffic Giant' of Social + Public Chain
Personally designed by Pavel Durov, the founder of Telegram, TON's core advantage is its 'large user base'—relying on Telegram's social traffic (over 1 billion users globally), TON has a natural advantage in the cold start phase of the ecosystem, positioning itself as a 'public chain for the masses', covering multiple scenarios such as payment, DeFi, NFT, and social interactions.
In the long term, TON's value is directly related to the progress of the integration of 'social + Web3'. If it can convert Telegram users into on-chain users, its ecosystem scale and market capitalization are expected to achieve a breakthrough in magnitude, making it one of the 'high certainty' potential targets in the bull market.
II. The List of 14 Mainstream Sector Leaders to Watch Before the Bull Market
In a bull market, 'sector rotation' is the core rule. If one is unsure about specific targets, it is advisable to prioritize the 'leaders of each track', diversifying risks while capturing industry dividends. The following is a summary of the 14 core sectors and their leading targets:
Sector Classification Leading Targets Sector Core Logic MEME Coin Sector DOGE, SHIB, PEPE, FLOKI, BONK driven by community consensus, dominated by sentiment, highly elastic AI Sector AGIX, WLD, FET, AI, NMR combines AI technology with Web3, mainstream narrative track public chain sector ETH, BNB, SOL, MATIC, FTM, ADA, AVAX, DOT, ATOM the foundation of the crypto ecosystem, supporting various applications Layer 2 Sector OP, ARB, METIS, IMX, MANTA, EGLD, MNT solving congestion issues of public chains, improving transaction efficiency 2024 Halving Sector BCH, BSV, ZEC, ZEN, BTG halving expectations drive supply contraction, benefiting prices GameFi Sector SAND, MANA, GALA, ENJ, RON, PIXEL, ACE, ILV, MAGIC the integration of games and blockchain, high user stickiness Oracle Sector TRB, LINK, API3, BAND connecting on-chain and off-chain data, core infrastructure of DeFi Payment Concept Sector MOB, ACH, XLM, CELO focusing on decentralized payments, clear landing scenarios Inscription Sector ORDI, SATS, RATS innovation in the Bitcoin ecosystem, gradually strengthening consensus Storage Sector AR, FIL, STORJ, BLZ decentralized storage, core data security in Web3 DeFi Sector AAVE, COMP, RDNT, CRV, MKR, AVAX, DYDX core of crypto finance, covering lending, trading, etc. NFT Sector BLUR, X2Y2, LOOKS, DEGO digital asset certification, strong artistic and collectible properties Modular Sector TIA, MANTA, DYM, ALT splitting blockchain functions, enhancing scalability Sports Sector CHZ, SANTOS, POR, CITY, OG combining sports IP and blockchain, driven by fan economy
III. Key Layout Reminders: Long-term holding is the core
After selecting targets, 'long-term holding' is key to navigating bull and bear markets and obtaining returns—cryptocurrency markets are highly volatile, and short-term sector rotations are frequent. If one frequently changes holdings due to 'other cryptocurrencies surging', they may easily miss the main upward wave of core targets.
Remember: 'Flowers do not bloom overnight, while grass grows quickly but does not grow tall.' Truly valuable targets often exhibit 'steady growth and continuous development', ultimately becoming 'tall trees' in their respective fields. Be firm in your judgment, and patiently hold for a cycle to truly capture the dividends of the crypto market.
