DeFi researcher Ignas proposes six strategies to find hundred-fold returns in the cryptocurrency market. He points out that since 2020, he has not invested any fiat currency, yet his investment portfolio has increased hundred-fold. How did he achieve this?
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Chasing KOL Token Launches is not the Way to Get Rich
1. Nansen: Finding Hundred-fold Low Market Cap Tokens
Finding Tokens
Further Analysis
2. Kaito: Seeking Narratives and Smart Money
3. Narrative-driven Startups
Focus on Original Protocols
Ordinals for Hundred-fold Gains
4. Participating in Token Sales
5. Memelord Dune Data Dashboard
6. Two Ways to Participate in Airdrops
Chasing KOL Token Launches is not the Way to Get Rich
The goal of this bull market is to find hundred-fold targets. Even if the market briefly declines, the returns will eventually reach hundred-fold levels.
However, many people are currently searching for hundred-fold tokens in a foolish manner, participating in KOL token launches with SOL. This risk may be even higher than traditional gambling, as the rules of traditional casinos are often clearer than participating in KOL token launches.
In fact, I have not invested any fiat currency in cryptocurrencies since March 2020, yet my investment portfolio has increased hundred-fold. I continuously change my investment portfolio and earn profits through airdrops. I have not invested any USD in the past 4 years.
While you may hope to earn hundred-fold returns with a single investment, I aim to provide strategies that increase the chances of achieving hundred-fold gains, rather than blindly following KOLs.
1. Nansen: Finding Hundred-fold Low Market Cap Tokens
Finding token projects with a market cap below $10 million is a fast way to achieve hundred-fold returns. How to find them? KOLs always promote projects with money, but I prefer to rely on on-chain data to make decisions.
Data Platform
Nansen
Requires a monthly $99 Pioneer subscription fee. I like to use the “Token Screener” to find tokens that smart money has bought in the past 7-14 days.
This involves several steps.
Finding Tokens
On Nansen, perform the following steps:
Go to Token Paradise
Click on Token Screener
Then select “On-chain Indicators”
Sort according to personal preferences
The screenshot below shows tokens deployed within 7 days. I prefer projects where the number of holders grows with trading volume.
Further Analysis
This case is about MDAI, which ranks first in the screenshot above. Check the following:
Find MDAI on Coingecko and Twitter, check the official website, and judge if it is worth paying attention to.
Check the concentration of holders and whether smart money is trading.
Check the atmosphere in the Discord/Telegram community.
Engagement in the Twitter community and who follows the official Twitter account.
Who are the investors, and what is the unlocking schedule?
Overall, this process is not easy, and you need to repeat it for other tokens on the list.
The success of my trading using this method is mixed, with profits outweighing losses, but I have not achieved hundred-fold returns yet. I spent more time writing content and searching for airdrops instead of chasing hundred-fold tokens, but I believe that the on-chain information from Nansen’s Token Paradise is better than the recommendations of Twitter KOLs.
2. Kaito: Seeking Narratives and Smart Money
Kaito is my recent favorite tool. It scans Twitter tweets and identifies tokens that receive relatively more attention.
(Note: Kaito also requires payment and integrates more features similar to ChatGPT than Nansen)
Kaito AI can evaluate market sentiment, Twitter engagement, and even participation in Discord. It can also search all internet information to summarize protocol features and related updates, saving time on reading documents, Discord, Twitter, and DAO.
Kaito’s “Smart accounts” is one of the simplest ways to find hundred-fold tokens. Usually, I observe which accounts smart money has been paying attention to in the past 7 days.
I asked Sandra, who recently joined Kaito AI from Nansen, and she said that this combination of on-chain and off-chain analysis is feasible. Observing the discussion heat of tokens and whether smart money is flowing on-chain can provide insights.
The problem is that Kaito is not cheap, with a monthly subscription fee of up to $833. This article is not sponsored by Kaito or Nansen. I use both of them personally. The strategies I will introduce next are free.
3. Narrative-driven Startups
This is my favorite strategy. Occasionally, the market presents projects that are unique and change the trajectory of the industry. The uniqueness of token economics can drive the industry forward and initiate a new crypto field.
Discovering such startups may seem simple but can become difficult due to personal biases. When new hot things emerge, the community may not be interested or even completely reject them because they are deemed unworthy of attention. That’s why having an open mind and being willing to try all popular and controversial things can increase your chances of finding hundred-fold tokens.
It may not be a token, and NFT is the most prominent zero-to-one innovation. Punks and BAYC are the most successful examples.
In token economics, zero-to-one startups include:
Curve (CRV)
Nexus (NXM)
Ampleforth
Olympus DAO
Synthetix (SNX)
Yearn Finance (YFI)
Compound Finance COMP
4. Focus on Original Protocols
Successful protocols often have many copycat projects, but I believe hundred-fold returns come from the original protocols, which have the following characteristics:
Look for technological innovations that did not exist before.
Look for community support. Is anyone interested? Even having a large number of critics is a good sign.
Look for chaos. New things are confusing because they challenge preconceived notions.
The latest example is Ordinals.
5. Ordinals for Hundred-fold Gains
Thanks to Ordinals, my returns are actually close to hundred-fold. I bought Nodemonke at a price of 0.03 BTC, and now its price is 0.75 BTC (25 times). But I have also received multiple airdrops because I hold it, such as RSIC and Runestone.
I believe the next hundred-fold token will come from the Rune protocol. Are you ready to take all actions to chase the hundred-fold wave after the Bitcoin halving? Will you study the Bitcoin ecosystem and how the Rune protocol works? If you really want to achieve hundred-fold returns without gambling, you need to put in effort.
6. Participating in Token Sales
Crypto Nova introduced me to token sales. I have never paid much attention to ICOs because they require a lot of effort to get on the whitelist, and usually, the token allocation is very low. But she changed my view on token sales.
She said, “In a raging bull market, there is nothing better than token sales to make money. It may be challenging for retail investors, but they can participate through Launchpads and similar methods. Although it still requires a lot of effort, the profits are definitely top-notch. In daily markets, it is difficult for a token to have a 500% increase, but token sales can see a 1,000% increase in a single day. In recent bull markets, there have been even 50-60 times returns. This does not mean you can immediately sell and make a 40-fold profit. Usually, projects have lock-up periods, and about 25% of the allocation can be sold immediately, which is approximately 10 times the initial investment.”
Crypto Nova shared her insights and information on token sales earlier this year.
5. Memelord Dune Data Dashboard
Since Nansen and Kaito require payment, I want to provide a free data dashboard created by crypto expert Crypto Koryo called Memelord.
Crypto Koryo points out that in the relatively longer trading cycle of the crypto field, it is easy to achieve 2 to 10 times returns. But if you want hundred-fold returns, you must narrow down your asset range.
He believes that these two free charts contain most of the information about hundred-fold tokens:
Newly issued tokens traded by degens recently
Top 100 degen tokens traded by degens
Crypto Koryo also reminds of a few points:
Don’t sell too early. If you get a hundred-fold token early but always sell at five times the price, you will never earn a hundred-fold.
Risk management. Many tokens go to zero, and the asset risk is extremely high.
Focus. This is the only niche area. Ignore the noise of the crypto community and focus on it, constantly improving and maintaining patience.
Finally, although airdrops have been a long-standing marketing strategy, I still want to emphasize two airdrop strategies:
Liquidity mining airdrops
Participation-based airdrops
I have always been optimistic about liquidity staking tokens (LRT). However, if you don’t have ETH to stake, you cannot receive a large number of airdrops. On the other hand, I recommend looking for participation-based airdrops. Even with a small capital, you can qualify for a large amount of airdrop distribution.
These include cross-chain bridges (such as LayerZero), oracles, L1 or L2 solutions, actively participating in protocols during the early stages using testnets, and obtaining “early member” NFTs.
Participating in airdrops requires effort and persistence, but if you start with a small investment portfolio, airdrops are your way to achieve hundred-fold returns.
Kaito
Launchpads
Memelord
Nansen
Nodemonke
Runestone
Further Reading
Binance Faces Pressure; Assets Devalued by $1 Billion After Settling with the US Department of Justice
Nansen CEO’s Perspective: Which Crypto Areas are Worth Paying Attention to in the Next Market Cycle?