Characteristics and Investment Strategies of 100x Coins in the 2025 Bull Market

The cryptocurrency market is always a mix of opportunities and risks. In every bull market, numerous 100x coins and even 1000x coins emerge. In 2023, the meme sector and BRC20 sector have seen multiple 100x coin projects, but very few have been able to seize these opportunities. This is primarily due to two factors: the high barriers to entry in the market and a lack of funds during the bear market.

Narratives and New Domains

Narratives are a key factor in driving project value in the crypto market. Each bull market is accompanied by the rise of new narratives. For example, DeFi and NFTs in 2020, GameFi in 2021, and BNB, which transcends the attributes of a single exchange token.

The anticipated bull market in 2025 will include new narratives such as AI computing power, upgrades in public chain security, and infrastructure for the metaverse. Therefore, when investing, one should focus on those sectors that can solve real problems and possess long-term narrative potential, rather than relying solely on short-term speculation.

Undervaluation and Liquidity

Low market cap projects usually imply greater growth potential, but liquidity is a common challenge faced by early-stage projects. Analysis of 100x coin projects from the last bull market revealed that many projects had poor liquidity in the early stages, primarily on-chain or on small exchanges, yet provided excellent opportunities for long-term investors to position themselves in 100x coins.

Timing and Barriers

Data shows that 76% of 100x projects were born during the bear market cycle from 2018 to 2020, while only 24% were established before 2017. For projects that have increased over 200 times, 85% were created in 2018, 2019, and 2020, especially projects issued from 2022 to 2024. In contrast, older projects may have limited growth potential.

Lower-priced projects are more likely to attract market attention. In the last bull market, investors were more inclined to choose low-priced tokens, believing that this would allow them to acquire more quantity, leading to psychological satisfaction. Therefore, lower-priced projects have stronger market dissemination and participation. It is advisable to prioritize public chain or leading protocol projects, as they enjoy high market recognition and significant ecological development potential.

Special Case Projects

For example, the Elon Musk-themed concept coin, Ethereum Chain Puppies, has a strong community, with nearly 17,000 Ethereum holding addresses and a market cap of only over ten million, making it a dark horse in the primary market.