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OM surged 500 times to become the king of altcoins, what makes it so special?

Who will be the next hundredfold currency? Please pay attention to DBC (DeepBrain Chain)!

Some people have concluded that the altcoins will have a hard time in this bull market, but OM has broken the prediction with a strong performance. In just over a year, OM has skyrocketed nearly 500 times from its low, becoming the "king of altcoins" in one fell swoop. Such a rapid rise has ignited the enthusiasm of the currency circle, and it also inevitably reminds people of the madness of the 2017 bull market. Back then, such a surge was not uncommon. After 8 years, this kind of miracle reappears, as if it were a dream.

Although I missed the wealth opportunity of OM, I do not regret it, after all, it is not within my research scope. However, as the first hundredfold currency after the fourth halving of Bitcoin, OM is definitely worth further research.

From a sector perspective, OM is in the hot DEFI and REA sectors of the currency circle in 2023-2024, attracting much attention. Its business is highly potential, involving collateral, lending, stablecoin minting, and game lottery pools, etc. These businesses spread quickly. Once wealth effects are generated, they will attract a large number of investors to flock in.

Taking another look at the market, OM has experienced a long and thorough decline, almost reaching its lowest point. As the saying goes, things will turn around when they hit rock bottom, leading to a crazy rebound and a breakout in the market. Strong currencies usually share common characteristics, with a high probability of rising after breaking historical highs, similar to Bitcoin in this respect.

Therefore, we summarize the method of distinguishing between strong and weak currencies: first, the sector to which the currency belongs determines the level of development; second, the technical strength of the currency determines the potential for growth; third, whether the market has been fully washed.

OM's success has distilled three key pieces of information, which may not make people rich overnight, but can help us establish the correct investment perspective and stay away from meme coins and junk coins. As long as you survive in the market for long enough, hold funds, and wait for the right moment, you can act decisively.

The legend of OM is hard to replicate, but similar opportunities definitely exist. For example, DBC (DeepBrain Chain) possesses this characteristic and potential, and is poised for development. Friends who are interested can pay attention to it: DBC (DeepBrain Chain).

We should pay more attention to hot sectors, focus on research, improve our abilities to become professional investors, this is the fundamental basis for survival in the currency circle.