The crypto market’s total capitalization has stalled at $2.6 trillion. Specifically, Bitcoin, Ethereum, Binance Coin, and other major currencies have yet to display bullish signs. Meanwhile, other tokens like Avalanche (AVAX) and Crypto.com Coin (CRO) are overtaking top contenders one after the other.
Read CRYPTONEWSLAND onPersons who are new to crypto may feel overwhelmed by the price of major assets. However, there are many projects that have low market capitalization yet present high growth potential. Some of these low-cap cryptocurrencies may be good to invest in for the long term.
One example is Konomi Network, a decentralized liquidity and money market protocol for cross-chain assets. Konomi uses the Polkadot blockchain, a scalable network popular in the DeFi space. According to CoinGecko, Konomi has a $17 million market capitalization at the time of writing.
Moonstarter is another interesting project. Specifically, it describes itself as a multi-chain launchpad for initial decentralized exchange offerings (IDOs). As per CoinGecko, Moonstarter has a $22 million market capitalization.
Ispolink is a promising project to watch out for. It is a cross-chain platform for blockchain developers that uses the Binance Smart Chain and Polygon network. Currently, its market cap is $13 million.
Other interesting projects include SolRazor, which bills itself as the first decentralized developer ecosystem for Solana Launchpad. Given that Solana has become one of the biggest cryptocurrencies to date, platforms such as SolRazor may prove helpful in expanding its blockchain.
In the metaverse and GameFi space, some projects including Legends of Crypto, Brokoli Network, and The Crypto Prophecies may have a chance to have a Cinderella run like Axie Infinity. These tokens have a market capitalization that does not exceed $20 million.
Disclaimer: No information in this article should be considered as investment advice. CryptoNewsLand does not make assurances about the future performance of the tokens mentioned above nor the success of their project. Everyone is encouraged to make his own research before making any investment decision, given that cryptocurrencies are known to be volatile in nature.
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