The SECRET To Spotting 100x MEMECOINS

Summary

This video reveals the 100x blueprint, a strategy used by top traders to identify high-potential cryptocurrencies early. It highlights four key factors for success: virality, memeability, narrative, and resemblance. By analyzing the popularity, humor, and underlying story behind a coin, traders can predict its potential. The video demonstrates how identifying these factors helped turn small investments into massive returns, with real-life examples like Doge and the Big Short-inspired Shortcoin. The strategy emphasizes the importance of being involved in crypto communities and staying disciplined to make profitable decisions.

Takeaways

• 😀 Identifying the next big crypto project is not about luck, but about understanding key metrics.
• 😀 The 100x blueprint includes four key components: virality, memeability, narrative, and resemblance.
• 😀 Virality is crucial—measure the buzz around a coin through metrics like views, likes, impressions, and social chatter.
• 😀 To assess virality, use platforms like Axim and engage in group chats to gauge public interest and viral potential.
• 😀 Memeability refers to how funny or relatable a coin is to the general public, beyond the crypto space.
• 😀 A coin with strong meme potential, like Pepe the Frog, can go viral and turn into a successful crypto project.
• 😀 Narrative is perhaps the most important factor. A strong underlying story or cause can drive a coin's success.
• 😀 Look for newsworthy or culturally relevant narratives that people outside the crypto world will resonate with, such as the Peanut the Squirrel story.
• 😀 Resemblance to bigger, well-established projects like Bitcoin or Dogecoin can give a coin an edge by triggering familiarity and trust.
• 😀 Successful traders identify these factors early and assess them on a scale of 1 to 5 to determine a coin's potential for success.
• 😀 By understanding these four components, traders can flip small investments into massive returns, like turning $400 into $40,000 with the right coin.

Q & A

What is the 100x blueprint in crypto trading?

The 100x blueprint is a framework used by top traders to identify successful coins based on four key components: virality, memeability, narrative, and resemblance. These metrics help traders assess a coin's potential for explosive growth.

How do traders measure the virality of a coin?

Virality is determined by looking at factors such as views, likes, impressions, and comments on content related to the coin. A high level of engagement and buzz around the coin suggests its virality, which is a key indicator of potential success.

Why is memeability important for a coin's success?

Memeability refers to a coin's ability to be used as a joke or meme by people outside the crypto community. Coins that are easily memeable, like Pepe, can spread widely and gain traction, turning into highly profitable investments.

What role does narrative play in the success of a crypto project?

The narrative behind a coin is its story or underlying cause, which can be extremely influential in determining its success. A strong narrative creates emotional appeal, generates media attention, and can lead to widespread adoption, as seen with the Peanut the Squirrel incident.

How can traders identify the narrative of a coin?

Traders can identify the narrative by researching the coin's backstory, understanding its purpose, and seeing how it resonates with broader social or news trends. This includes looking for news, discussions, or even viral content associated with the coin.

What is the significance of resemblance in crypto trading?

Resemblance refers to how closely a coin's concept or branding aligns with a well-established and successful project. Coins that resemble major projects like Bitcoin (BTC) or Dogecoin (DOGE) are more likely to catch the attention of traders and investors.

Can you give an example of a coin that successfully combined virality, memeability, narrative, and resemblance?

Shortcoin is a great example. It combined a strong narrative about shorting the housing market (inspired by the movie 'The Big Short'), memeability through popular movie clips, virality due to Hollywood ties, and resemblance to Housecoin, a successful token in the real estate space.

How can traders use platforms like Axim to assess the potential of a coin?

Platforms like Axim make it easy for traders to analyze coins by providing insights into metrics such as virality, memeability, and narrative. By using the search function to look up coins, traders can quickly assess the level of engagement and interest around a particular project.

What are the most common factors driving a coin's success in the market?

The four key factors driving success are virality (how widely a coin is shared), memeability (its potential for humor and wide appeal), narrative (the story or purpose behind the coin), and resemblance (how closely the coin resembles other successful projects).

What advice is given to aspiring crypto traders in this video?

The key advice is to focus on understanding and applying the 100x blueprint. By assessing coins based on virality, memeability, narrative, and resemblance, and by staying disciplined in research and community engagement, traders can increase their chances of spotting profitable coins early.