What is a Low Cap Crypto Project?
Before we begin researching low-cap crypto projects, let’s first begin by defining what a crypto project is.
The term “crypto projects” represents another way to describe cryptocurrencies, their development teams, and the technology behind the coins. Cryptocurrencies allow for internet-based transactions through use of cryptographic functions and decentralized networks.
There are over 9,000 different crypto projects, ranging from big name such as Bitcoin to meme coins such as Dogecoin. Low-cap cryptocurrencies are a pillar in the crypto world because holding high-potential low caps can result in the highest profits.
Low-cap crypto projects are cryptocurrencies in the early stages of development. As a result, the term “low cap” refers to coins with a low market capitalization. Market capitalization refers to the total value of the circulating supply of a coin. Low-cap crypto projects are the hidden gems of crypto, and they have allowed many investors to achieve sky-high returns.
In this post, each project considered has a market cap between $200 – $400 million. Coins are ranked according to fundamental analysis as well as AI ratings as of March 25, 2022.
5 Best Low Cap Crypto Projects for 2022
1) AaveGotchi (GHST)
AaveGotchi has a market capitalization of $124 million. This is very low, so expect this coin to be quite volatile. GHST launched on Mainnet on 14 September 2020.
GHST is the eco-governance token of Aavegotchi. Users can spend GHST to purchase various digital assets within the Aavegotchi universe. GHST holders also can participate in DAO governance, and earn GHST by excelling at Aavegotchi rarity farming.
2) Maple (MPL)
Maple is a decentralized corporate credit market that offers undercollateralized loans for institutional borrowers and fixed-income opportunities for lenders. It has a market cap of $177 million and is only available to American users through Coinbase exchange and Gate.io.
The protocol is governed by the Maple Token (MPL), which enables token holders to participate in governance, share in fee revenues, and stake insurance to lending pools.
3) ICHI (ICHI)
ICHI is the governance token of the ichi.org community and platform. ICHI has a market cap of $280 million and a circulating supply of only 5 million.
According to their website, “With ICHI, every community gets their own token worth $1. It is minted with each community’s cryptocurrency. It is redeemable 1-for-1 for USD Coin (USDC).” ICHI allows users to easily create social tokens immune to volatility.
4) PirateChain (ARRR)
Pirate Chain (ARRR) is a 100% private send cryptocurrency. It has a market of $430 million and a fixed circulating supply of 200 million.
Pirate Chain uses a privacy protocol that cannot be compromised by other users activity on the network. Pirate Chain uses zk-SNARKs to shield 100% of its transactions on the blockchain, making for highly anonymous and private transactions.
5) Thorchain (RUNE)
THORChain (RUNE) is a decentralized and autonomous cross-chain liquidity network.
According to their website, “THORChain aims to decentralize cryptocurrency liquidity via a network of public THORNodes and ecosystem products. Access to its native and cross-chain liquidity is open to any person, product or institution.”
THORChain is building a chain-agnostic bridging protocol that will allow trustless and secure value-transfer connections with most other chains. This includes Bitcoin, Ethereum, Monero and all of Binance Chain. RUNE token holders maintain the ability to stake cross-chain assets and earn on liquidity fees.
These coins are low crypto cap projects, therefore their prices should all be quite volatile. This is the risk that comes with low cap crypto investments. Due to this, make sure not to invest more than you can lose into any of the above mentioned coins.
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