The last bull run produced 61 hundredfold tokens.

The last bull run created many hundredfold coins, and this bull run is no different; the crypto space is always full of narrative directions.
Getting back to the point, what information do we gain from the 61 hundredfold coins in the last bull run in the crypto space?
The necessary conditions for the hundredfold coins in the last bull run are also the indicators for selecting the next round of hundredfold coins. Let's discuss them together.
First of all, if the big cake peaks and new coins emerge in a bear market, they have not gone through a bull run.
Looking at the last round, taking mid-2021 as the starting point of the bull run, let's list the time points of the birth of hundredfold coins:
76% born in 18-20 years
24% born in 2017
200x:
85% born in 2018-2019
These hundredfold coins only 1.7% were born in the bull run!
From this logic, focus on the new ones released in 22-23. The market cap must be low; ideally, the market cap at the time of entry should not exceed 500 million. The 61 hundred-fold coins from the last round all started before taking off with a market cap within the top 600.
In addition, regarding the narrative direction, looking at the last round, the public chain track accounted for the largest share, with 17 hundred-folds, accounting for 27.8%. Next is the chain game, with 5 hundred-folds. Then there are cross-chain, DeFi, and meme sectors.
In the run-up to the last bull run, very few people paid attention to public chains. Later, Ethereum became a sensation, and various public chains gained widespread attention, leading to a "hundred chains contending for supremacy". As for this round, sectors like the L2 segment, Hong Kong segment, artificial intelligence segment, and blockchain gaming segment, which have become popular in this bear market, are worth watching. The blockchain gaming segment must be a key focus; during the bull run, the significant growth in user scale is something that only the blockchain gaming segment can achieve, resulting in a better wealth creation effect. In fact, the narrative around blockchain gaming in the last round was just an appetizer; overall, it lacked playability. So, we look forward to the performance in the next round.
After looking at the time market value and narrative, you can also check the project background and team strength. Just like carving a boat to seek a sword, institutions that have invested in many hundredfold coins include Multicoin, Polychain, Alameda, BN, A16Z, etc.
Furthermore, in terms of token distribution, it is best for the unlocking circulation to be distributed in the range of 40%-60%, which is also where the probability distribution of the last bull run hundredfold coins was more concentrated.
In summary:
1. Project issuance time: bear market
2. Sector selection: Leading companies in each track or secondary leaders
3. Circulating Market Cap: Below 500 million
4. Project Background: Strength! (Look at the investment institutions)
#SOL 质押市值超越 ETH