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How to Find the Next 100x Crypto Gem in the Bear Market

Megamind
Megamind
July 08, 2022
Features, Education

Learn how you can easily filter and sort coins using CoinBrain's advanced trading tools in order to find hidden gems on the market.

With the outflow of capital from the crypto market, sinking prices and general pessimistic sentiment, it’s getting harder to find the crypto gem. But it’s precisely when the market is in the red that it’s the best time to start opening the long positions and searching for the assets that are about to pump in the next bull run.

With thousands of coins being created every day and hundreds of thousands already existing, you’d spend years going through all of them one by one. That’s exactly when fast and reliable filtering comes in handy.

CoinBrain.com let you narrow down the coins based on several criteria and filter out the not-worthy ones. Here are the filters which you can use:

Market Cap Filter

If you're looking to make a high return, investing in small or micro-cap coins under $100,000 in market capitalization can be a smart move. However, it is important to remember that investing in these coins comes with a high degree of risk, so it's critical to do your due diligence and thoroughly evaluate all the other aspects when making a decision.

For risk-averse traders, it might be a good idea to filter the opposite way: coins with Market Cap at least let’s say $100M. It should find you quite well-established coins which have a smaller risk of rug pull or other common scams.

Liquidity

It is important to look at coin's liquidity before investing to minimize the chances of price manipulation or rug pulls. CoinBrain can help you easily filter out coins with good liquidity and then examine its liquidity pools further on the coin's profile page.

Volume/Trades (24h) Filter

A great way how to filter only active coins which are really trading is by combining Volume and Trades filters. We recommend setting minimum traded volume approx on the level of 5% of Market Cap and at least tens of trades per day.

Price Filter

With a price filter, it’s super easy to find small-price coins with a good chance of removing some zeroes. You can also use it to find stable coins or established coins with higher prices.

But do not let yourself get fooled by psychological tricks. The price of the coin has usually not much to do with its potential. The price range is mostly determined by the supply size.

Name Filter

When you hear about an interesting coin but you don’t know the exact name, or when there is a new hot trend on the crypto market, you might be interested in searching for coins based on the name. Now you can easily combine all the criteria.

Sorting

After you set your filters and criteria for coins which you’re interested in, try to search the results either based on 24h or 7d % change. You’ll get the list of the best performing coins out there.

However, you should be aware that if the coin has already done a 10X pump or more in the past week, it’s extremely unlikely that it will continue performing in the same way. That’s why it’s better to check coins which are yet to take off.

If you want to find out more about a particular coin, you can always open its profile and study other metrics which CoinBrain has gathered for you such as holders structure, Social Media engagement, website traffic, etc.

Disclaimer: The content of this piece reflects the writer's opinion. This article is not intended to provide financial advice and is meant solely for entertainment and educational purposes. Investing in cryptocurrency involves significant risk. Capital is at risk, and returns are not guaranteed. Always conduct your own research.

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