Unlocking Wealth: Four Essential Steps to Discover 100x Coins!

Potential track sectors

Only the garbage coin has no potential concepts or ideas. Valuable coins always attach to specific areas of technology. For example, some coins are attached with payment and privacy. Some belong to technical differences like Optimism and ZK. You can divide the cryptocurrency world into many different categories. Each category has its strength, size, and potential. Only those coins can gain market support, which is large and provides many types of solutions to the world. Small market-size coins are unlikely to have a high momentum.

Find projects with potential.

If you can find a good track of the technological world, your second step is a lot easier. For example, after seeing a track like AI, your next step is to find a potential project in this track. After finding the right project, take one more step and search the key position of this project and how your track can gain the maximum growth. This project can do some things that others cannot do. Is this project faster or cheaper? There are many variables that you need to discover for your investment.

Token Economic Model

Learning token economics is also a necessary step. The supply, issuance, distribution ratio, and purpose of tokens are the major concerns for your investment. Kindly give more attention to token inflation because good projects are difficult to rise sharply. In other words, the fast distribution of tokens compared to their growth rate may disturb their price value. Secondly, you must know the allocation ratio, because this will affect the selling pressure in the future. For example, if a large proportion is allocated to only owners of the project, like team members, when the token price increases. If there are no appropriate lock-up restrictions available, whenever the token rises in the future, it will face huge selling pressure. For this task, the Crypto Rank platform provides detailed insights.

Market value or FDV

Market values are so important for finding a successful project. For example, if Bitcoin which have the market value of $800 billion, increases to 100 times, it may reach 3 trillion dollars. Similarly, for Ethereum, if its market value is increased to 100 times, it means it reached 20 trillion US dollars. Ignore those projects that already have very high market value. Because they have less chance to increase further. Only search those coins that have less than US$700 million in fully diluted valuation (FDV) or market value.