The BlockBeats news on January 4th, top trader Eugene Ng Ah Sio wrote on social media, “In a time of high prices, it is indeed challenging to find new ideas. How do you have confidence in a project that has already pumped 10 times from the bottom? The framework I use to build confidence can be summarized as follows: 1. Represent a brand new idea - this can be achieved through a new vertical field, new products or services, or even a new token economic model (such as a Ponzi scheme). 2. Look for relatively new names with fewer coin holders and smaller unrealized PNL for existing holders - this is why new coins usually outperform old coins because they don’t have natural resistance levels, inflation, or selling pressure. 3. Look for theoretically infinite valuation ceilings - this is why meme coins perform so well because they cannot be valued. Now, there is a token that reasonably meets all of these criteria.”