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Six Key Factors for Mining a Hundredfold Promising Crypto
First is the "Market Capitalization Consideration". For the crypto space, the ideal market cap range should be between 50 million to 500 million USD, while anything below 1 billion USD is also a good choice. Regardless of future growth trends, such coins at least have an imaginable hundredfold potential. After all, not every coin is Bitcoin, and if many coins have too large of a market cap, it scares off investors.
Secondly, regarding the "launch time", I believe the best launch time for a "coin" is after the Bitcoin project was established in May 2021, especially those "coins" launched after October 2021 have greater potential. These "coins", both from a technical and packaging perspective, are more in line with market preferences.
The third point is the "monthly line trend". A "coin" with a monthly line showing a fluctuating downward trend, which has already started to move sideways and has not experienced a bull market, is less likely to have too many trapped positions, thus reducing the upward pressure. Such coins are more promising.
Fourth is the "leader effect"; check whether this coin belongs to the leader of a certain track or is an important competitor of the leader. The leading coins among the regular forces often have greater explosive potential and are more likely to experience follower and herd effects.
The fifth is "market consolidation test." If a coin has survived more than 2 years of market trials since its launch, it can at least be considered to have a strong ability to resist risks and is unlikely to inexplicably drop to zero.
The sixth is "market capitalization ranking." It is best to choose coins that are outside the top 100 in market capitalization. Combined with the first point, this also considers the future potential for price increases, betting on small probability events. In a bull market, there are actually many such low-probability events that are more likely to achieve growth of 20 to 50 times.