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Want to find a black horse coin that doubles in value? First, you need to understand what the label of a black horse is.
Market capitalization is the first threshold. Projects with a market cap below $100 million have real room for imagination; too large a market cap can't move easily. Next, look at the exchange background—at least established on a second-tier exchange, preferably on top-tier ones (like MYRO, RATS, NEIRO, which have all succeeded before).
But recognition by the exchange is just a basic condition. The key is to observe the actions of the whales. Recent signs of accumulation indicate they are paving the way for subsequent price increases, which is a signal. New coins are easier to run, especially those launched in 2024 or airdrop projects, like PIZZA, DOG, etc.
The chip structure determines the potential for rise. Projects with high control by whales and thorough washing of retail investors tend to break through more fiercely later on. Whale background is very important—having strength, resources, and a history of successful projects. DOG’s team comes from RuneStone, PIZZA is backed by the UNISATS team, and NEIRO is supported by top-tier backing. These are all plus points.
The formula for a black horse is actually simple: low market cap + strong whale funds + high-quality background + high control + thorough washing + fresh hype. Comparing these, leaders in various tracks like ORDI, SATS, PEPE, FLOKI are big white horses, with greater stability but limited room for growth.