Is 100x coin really just a myth for insiders to hype themselves up?

Looking back at the report card of 2023, it's indeed hard to find a few 100x coins that can stand the test. That year, Bitcoin performed reasonably well, but the overall market? Calling it a bull market is a bit forced; it felt more like the tail end of a bear market. Occasionally, a few coins with 100x gains pop up, but they're mostly Meme coins — they come and go quickly, like fireworks.

But if we extend the timeline a bit, the situation after the Bitcoin halving in May 2020 was completely different. Some have calculated that during the bull market from 2020 to 2021, there emerged 61 100x coins among the projects ranked in the top 600 by market capitalization. This number is not small, but it is not to the extent of being everywhere.

The most classic case? It has to be Solana. SOL was launched for trading just before the third Bitcoin halving, and in a year and a half, it surged to a historical peak of $259.96. Compared to its listing price, the increase exceeded 43220%—over four hundred times, not just four times. This explosive growth indeed left many people dumbfounded at the time.

So the conclusion is clear: 100x coins are not a legend in a bull market; they will appear, but not just any coin can rise like this. Luck, timing, and the project's fundamentals are all essential.

The market in 2025 is starting to get interesting again. Some early hidden chips have already come out, for example, a certain AI concept coin has risen from a cost price of 0.145 to a peak of 20 — this is a real case of over a hundred times. When market sentiment picks up, such explosions are not uncommon.

Of course, the prerequisite for seizing such opportunities is that you must identify potential targets early on and truly dare to place your bets. In a bull market, a tenfold return might just be the beginning, but the prerequisite is that you must withstand volatility and also be able to understand trends.