Researcher Ignas achieved a hundredfold return by rolling over coins without investing in fiat currency for many years.

DeFi researcher Ignas has proposed six strategies for finding hundredfold returns in the crypto market. He mentioned that since 2020, he has not invested any fiat currency, yet his investment portfolio has increased by a hundredfold. How did he achieve this?

The first-person content below is compiled from Ignas' new article "How to Find 100x Gems: 5 Strategies"

Chasing KOL Token Issuance is by No Means a Path to Wealth

The goal of this bull market is to find targets that can increase by hundreds of times. Even if the market temporarily dips, the target's increase will eventually return to a hundredfold level.

However, many people are currently seeking hundredfold tokens in a very foolish way by participating in KOL token issuances like SOL. This risk may be higher than traditional gambling, and the rules of traditional casinos are even clearer than participating in KOL token issuances.

Twitter posts attract billions of dollars: 27 types of Solana meme coins raise $122 million in presale frenzy

Since March 2020, I have stopped investing fiat currency in cryptocurrencies. Yet, my investment portfolio has increased by 100 times. I continue to change my investment portfolio and earn profits through airdrops without investing any US dollars for four years.

You may hope to earn a hundredfold profit with one transaction, while I hope to provide some strategies that can increase the chance of a hundredfold return, rather than blindly following KOLs.

1. Nansen: Finding Low Market Cap Hundredfold Tokens

Searching for projects with a market cap of less than $10 million is a fast way to achieve a hundredfold return. How to find them? KOLs always promote projects for money, but I tend to rely on on-chain data for decision-making.

The data platform Nansen requires a monthly payment of $99 for a Pioneer subscription. I like to use "Token Screener" to find out which new tokens Smart Money has bought in the last 7-14 days.

This involves several steps.

Finding Tokens

Sequentially operate on Nansen:

• Go to Token Paradise

• Click on Token Screener

• Then select "On-chain indicators"

• Sort according to personal preference

The image below shows tokens deployed in the last 7 days, and I prefer projects where the number of holders grows with the trading volume.

Overall, it is not easy, and you will need to repeat this process for other tokens on the list.

My success in trading using this method has been mixed, with profits exceeding losses, but I have not achieved a hundredfold return yet. I spend more time writing content and looking for airdrops than chasing hundredfold tokens. However, I believe the on-chain information in Nansen's Token Paradise is better than recommendations from Twitter KOLs.

2. Kaito: Finding Narratives, Smart Money

Kaito is my current favorite tool. It scans Twitter posts to identify 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 activity, and even participation on Discord.

It can search all online information to summarize protocol features and updates, saving time reading documents, Discord, Twitter, and DAO.

Kaito's "Smart accounts" are one of the simplest ways to find hundredfold tokens. Typically, I observe which accounts Smart Money has been following in the last 7 days.

I asked Sandra, who recently joined Kaito AI from Nansen, and she said this combination of on-chain and off-chain analysis is feasible. That is, observing whether the token's discussion volume aligns with the on-chain flow of Smart Money.

The issue is that Kaito is not cheap, with a monthly subscription fee as high as $833. This article is not sponsored by Kaito or Nansen; I have used both, and the strategies introduced next are free.

3. From Zero to One Narrative Startup Projects

This is my favorite strategy. Occasionally, the market will see a project that is unique and changes the industry trajectory. The originality of token economics can drive industry development forward and initiate a whole new field in crypto.

Discovering such innovations may seem simple but can become difficult due to personal biases. When new hot trends emerge, the community may not be interested or may even reject them completely because they do not seem worth any attention. This is why having an open mind, being willing to try all popular and controversial things, can increase your chances of finding hundredfold tokens.

It might not be a token; NFTs are the most prominent zero-to-one innovation, with Punks and BAYC being the most successful cases.

In token economics, zero-to-one innovative projects include:

• Curve CRV

• Nexus NXM

• Ampleforth

• Olympus DAO

• Synthetix SNX

• Yearn Finance YFI

• Compound Finance COMP

• Look for technical innovations: Something that didn't exist before.

• Look for community: Does anyone care about it? A large number of trolls is also a good phenomenon.

• Look for chaos: The reason new things are confusing is because there is innovation challenging preconceived ideas.

The latest example is Ordinals.

Ordinals Earning Hundredfold

Due to Ordinals, my profits have actually approached a hundredfold.

I bought Nodemonke for 0.03 BTC, and now its price is 0.75 BTC, a 25x increase. However, because I held it, I received multiple airdrops such as RSIC, Runestone, etc.

I believe the next hundredfold token will come from the Rune protocol. Are you ready to take all actions to chase the hundredfold wave when it launches after the Bitcoin halving? Will you study how the Bitcoin ecosystem and the Rune protocol operate? If you truly want to achieve a hundredfold return without gambling, you need to put in the effort.

NodeMonkes approaching a floor price of 1 BTC, surpassing Bored Apes as the second-largest NFT project

4. Participating in Token Sales

Crypto Nova introduced me to the field of token sales.

I have never really paid attention to ICOs because it requires a lot of effort to get on the whitelist, and token allocations are usually low. However, she changed my view on token sales.

She said:

"In a raging bull market, there is nothing better than token sales to earn money. The barrier to entry for retail investors is a bit high, but they can participate through Launchpads, even though it's still a fight to get in. The profit is definitely top-notch.

Because in the daily market, it is difficult for a token to have a 500% increase, eating up all the limit orders in the order book, whereas token sales can have a 1,000% increase in a single day. Recent token sales in the bull market even saw 50, 60x returns.

This doesn't mean you can sell the token immediately and make a 40x profit. On the contrary, projects usually have lock-up periods, and about 25% of the allocation can be sold immediately, which is roughly 10x of the initial investment."

Crypto Nova shared her insights and information on token sales earlier this year.

1/ People are making life-changing gains with IDO's (presales).

But most don't know how to participate.

Here's how you can buy these 🧵👇 pic.twitter.com/kdTj1rWxGz

— Crypto Nova (@CryptoGirlNova) January 13, 2024

5. Memelord Dune Data Panel

Since Nansen and Kaito require payment, I want to offer a free data panel created by Dune master Crypto Koryo called Meme Lord.

Crypto Koryo points out that in relatively longer trading cycles in the crypto space, it is easy to achieve 2 to 10x returns. However, to achieve a hundredfold return, you must narrow down the asset range for trading.

He believes these two free charts contain most of the information about hundredfold tokens:

• Newly issued tokens traded by Degens recently
• Top 100 degen tokens traded by Degens

Crypto Koryo also reminds of a few points:

1. Don't sell too early: If you buy a hundredfold token early but always sell at five times, you will never make a hundredfold return.

2. Risk management: Many tokens will go to zero; this asset class is extremely risky.

3. Focus: This is the only niche area; ignore the noise from the crypto community, focus on this, continuously improve, and remain patient.

6. Two Ways to Participate in Airdrops

Lastly, 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 the liquidity mining token LRT, but if you do not have ETH to stake, you cannot receive a large number of airdrops. Conversely, I recommend