As the market recovers, how to ambush high-quality altcoins? BONK’s success story reveals investment secrets

Author: 0xresearcher

1. Introduction: As the market recovers, altcoins usher in a good investment opportunity

Recently, with the breakthrough of Bitcoin, the sentiment of the entire crypto market has warmed up. BTC has once again broken through the key resistance level, and the market seems to have gradually regained confidence. Although Bitcoin has always occupied the market focus, many people have overlooked the potential of altcoins. Historically, the outbreak of altcoins has always lagged behind the rise of Bitcoin. When the market starts to heat up, it is a good time to ambush altcoins with low risk. So, among the thousands of altcoins, how can we select those high-quality projects that are worth long-term investment? Today, starting from CZ’s investment philosophy and combining some actual cases, let’s talk about how to find stable investment opportunities in the altcoin market.

2. CZ’s Altcoin Investment Philosophy: Do What You Love and Stay Resilient

At the recent Web3 conference in Hong Kong, CZ had an in-depth discussion with Tron founder Justin Sun about his views on meme coins and altcoins. CZ emphasized that the projects that can really succeed are those teams that are “really building” rather than projects that rely on short-term hype. In his opinion, the most important points when investing in altcoins are:

• Real user base: The project must have real active users, rather than just relying on empty market hype.
• Sustainable income and profit model: A project can only be stable in the long term if it can support the token price through actual income.
• Building long-term value: The value of a project does not rely on short-term hype, but on its continued value to users and continuous product iteration.
• Team resilience and persistence: For a project to be successful, the team’s persistence and unremitting efforts are crucial.

To summarize CZ’s investment philosophy: When investing in altcoins, choose projects that have users, income, and teams, especially those teams that can “do what they love and stick to it for a long time.”

BONK: A Meme Coin Example That Fits CZ’s Investment Philosophy

By matching several of the criteria highlighted by CZ, BONK can be said to be an excellent choice that fits these criteria very well. It was originally born as a meme coin for the Solana ecosystem, but the strong fundamentals and continued community building behind it have made it surpass most projects that rely solely on sentiment fluctuations.

1. Community-driven and co-governance mechanism

BONK adopts a decentralized governance model in its community governance. Every large-scale token destruction activity requires community members to vote. This not only allows BONK to maintain the spirit of decentralized governance native to crypto, but also allows community members to truly participate in the future development of the project. As CZ said, the real value comes from the support and participation of the community, not just short-term hype and speculation.

2. Strong fundamental support

BONK ranks third in the Solana ecosystem, with nearly 1 million active users on the chain. In addition to a large user base, BONK also obtains stable income through core products such as BONKbot, BONKSwap, BONKRewards, BONKLive, Exchange Art, etc. These products not only provide continuous cash flow for the BONK ecosystem, but also help enhance the scarcity and value of the token, driving its market performance.

3. Web2 IP and continuous content output

BONK not only relies on the short-term popularity of Meme culture, but also combines with powerful Web2 IP, such as the BONK animation series that has been released, and the educational platform SBC25 launched in cooperation with Borussia Dortmund (German football team). These content outputs not only enhance BONK’s brand influence, but also expand its user base, laying a solid foundation for its long-term development.

4. Active institutional cooperation

BONK has established partnerships with many well-known exchanges (such as Binance, OKX, HTX, Coinbase, etc.), and has been included in the CF Benchmark Index and Coindesk Index, which has brought it more institutional attention and market recognition. In addition, BONK has been connected to Solana Pay, supporting offline payments at 100,000 merchants in the United States, becoming the first Meme coin to achieve large-scale commercial use.

5. Team persistence and long-term planning

BONK’s success is not accidental, but the result of the team’s persistence and continuous innovation. Despite the market’s many fluctuations, BONK still launches new products in its ecosystem and continues to promote the development of the project. This is in line with CZ’s investment philosophy of “persistence and patience”. Whether the team can persist determines the future of a project.

 IFC Mall, Seoul, South Korea - September 2024

IV. Conclusion: How to choose a stable altcoin in a recovering market

As the market picks up, the opportunities to choose high-quality altcoins are gradually increasing. But remember, projects that rely solely on short-term hype cannot bring long-term stable returns. To truly seize investment opportunities, you must focus on projects with real users, profitability, team resilience, and long-term value. Perhaps BONK is a successful case that meets these criteria. It has demonstrated excellent long-term development potential through a strong community drive, stable fundamentals, continuous content output, and institutional cooperation.

As the market recovers, investors need to return to fundamentals and choose projects that can continue to create value in the future. As CZ said, “Do what you love, persevere, and understand the fundamentals.” This is the right path to investing in altcoins. Choosing a potential project like BONK will not only allow you to gain steady returns in the bull market, but also achieve long-term value growth.

Investment advice: When choosing altcoins, be sure to pay attention to the fundamentals of the project, the long-term persistence of the team, and the real needs of users. By choosing these potential projects, investors can achieve steady returns.