Looking for the next big crypto moonshot? Check out these top micro-cap coins to buy now!
In this post, I discussed the top 3 micro-cap coins for a profitable investment.
Micro-cap coins are coins with a low market capitalization.
These coins have the potential to deliver insane returns because of their low market cap.
Be sure to peruse the entire post.
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Understanding Micro-Cap Coins
Severally, I have heard people predict that Shiba Inu will reach $1 or that Bitcoin will get to $500k or even $1 million per unit.
Do you think that is possible?
In my opinion, those who make such predictions don’t understand the concept of market cap.
Let’s say we have a coin called Jude. It has a $10k market cap, and a unit costs $1.
For this coin to get to $2, it means that the market cap needs to get to $20k, which is quite easy because a single person can make that happen.
Now, for Bitcoin with over $500b market cap to do 100% in price means the market cap has to reach $1 trillion or more.
I’m not saying it is impossible, but the scenario is challenging.
This is why people participate in Degen play, where they invest in low-cap coins because the market cap won’t need much to pump it.
Now, let’s look at the top 3 micro-cap altcoins.
Top 3 Micro-Cap Coins to Invest in
1. Realio Network ($RIO)
Realio is a revolutionary platform that facilitates real estate investment with cryptocurrency.
Using blockchain technology, the Realio network grants users access to various real estate-backed assets.
Users can invest in tokenised real estate, private equity, commodities, etc.
RIO is the native token and is undervalued compared to its real-world utility.
Currently, RIO boasts a micro market cap of under $1 million, along with a daily trading volume exceeding $1 million across various exchanges.
RIO launched recently, which is good because it has not witnessed the bull run yet.
I believe that when it does, it will hit nothing less than $1B in the market cap, which is 100x of the current price.
2. Chainge Finance ($CHNG)
Chainge provides various crypto management tools such as:
- a cross-chain wallet integrating EVM & non-EVM compatible chains
- an Escrow Module
- a DEX Aggregator
- a Futures DEX
- and the very first Options DEX
It is sitting at a $27m market cap but is currently the most liquid web3 trading venue.
Its token, CHNG, is currently trading below a cent, at $0.08 (October, 2023).
Chainge Finance is the first of its kind in the crypto space.
The protocol is still building so we can expect more excellent features to be added.
I predict at least a billion-dollar market cap for Chainge Finance in the next bull run.
3. Lukso (LYX)
Created by the former Ethereum developer Fabian Vogelstellar. It offers creators and users a space to innovate and interact.
Lukso has a big part to play in the metaverse.
Already, they’ve partnered with the Metaverse Standard Forums and Gitcoin.
The price of the Lukso token, LYX is priced at $5 with a market cap of $145 million, at the time of writing.
If we are to see an uptrend in the metaverse ecosystem again, I believe that Lukso would be one of the key benefactors.
I believe that a $1 billion market capitalization for Lukso is achievable.
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Conclusion
These are my top 3 micro-caps altcoins, so I will conclude here.
Micro-coins can be more risky to invest in than larger, more established coins.
However, the benefit is that they also have the potential to generate higher returns.
This information in this post should not be construed as financial advice.
Always do your research before investing in any crypto project.
Which micro-coins are you investing in? Let us know in the comments below!
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