1. How to screen currencies with 100-fold potential? ✨
1️⃣ The fundamentals are good and belong to a hot sector, preferably the sector leader: Choose those currencies that perform well on fundamentals, especially the leading currencies that have a leading position in the current hot sector.
2️⃣ Have good narrative skills and ecologically sustainable development: focus on coins that can clearly convey their project vision and development direction. At the same time, consider whether the project's ecosystem has the potential for sustainable development, including developer community activity, partnerships, and user adoption.
3️⃣ The market capitalization cannot be too large: For currencies looking for hundreds of times the potential, the market capitalization cannot be too large, because large market capitalization currencies have usually experienced large increases and may have limited room for future growth. On the contrary, there is more potential to choose a currency with a relatively small market capitalization but with the above advantages.
2. Three don’ts for long-term altcoin planning: ⛔
1️⃣ Don’t use currencies with too large a market capitalization that have already exploded: Currencies with an excessively large market capitalization have already gone through the explosive stage and are more likely to be replaced in the next round. Choosing currencies with relatively small market capitalization and potential for growth has a better chance of obtaining higher returns.
2️⃣ Don’t use currencies with too low market value and lack of narrative ability: Currencies with too low market value and lack of narrative ability have higher risks. Although some coins may grow into successful projects in the future, most similar coins ultimately fail to achieve their intended goals and should be invested with caution.
3️⃣ Don’t use coins whose concepts are too old-fashioned and have no new ideas: The currency circle pursues new things, and hyping new concepts is often more attractive. Choose coins that are innovative and unique, rather than projects that are old-fashioned and lack new ideas.
3. Some altcoins with 10-100 times potential when Bitcoin halving arrives: 🚀
1️⃣ L2 track: ARB (total amount 1.027 billion, peak valuation is about 160 billion): The leading project in the L2 track, the public chain is Ethereum, the ecosystem is prosperous, and it is expected to become a product worthy of investment.
2️⃣ L2 track: OP (total amount 4.3 billion, peak valuation is about 90 billion): Ranked second in the L2 track, the ecosystem is developing rapidly, and has the potential to become an investment target.
3️⃣ LSD track: LDO (total amount 1.4 billion, peak valuation 10 billion): The leading project on the LSD track, it has a leading advantage and is expected to seize more market share.
4️⃣ NFT track: BLUR (total amount 3 billion, peak valuation 30 billion): a dark horse in the NFT field, ranking first in transaction volume, and with broad future development prospects.
5️⃣ DEFI track: FXS (total amount 421 million, peak valuation 10 billion): It has its own exchange and stable currency, is developing well, and is considered the first in the stable track.
ℹ️Please note that the currencies mentioned above do not constitute investment advice. There are risks in market investment. Please be sure to conduct your own research and evaluation before investing, and make careful decisions.