Opinion pieces are based on the author’s personal opinion, and they do not constitute investment advice, financial advice, or trading advice. Securities.io does not recommend that any cryptocurrency should be bought, sold, or held by you. Conduct your own due diligence and consult a financial advisor before making any investment decisions. The cryptocurrency industry has some massive coins that are gathering the attention of most investors. Coins like Bitcoin, Ethereum, Binance Coin, and alike, are all heavy hitters that have proven themselves over the years and are considered to be safe investments. However, as professional investors know, the trick to scoring big rewards on your investment lies in finding the underdogs with great potential and investing in them before they reach greatness.
For example, investing in Bitcoin now would not be nearly as profitable as buying it back in 2012 when its value was under $100 per coin, or even earlier, when each coin was worth mere cents. This is why the best coins to look up and consider now are the ones with low market caps, and today, we created a list of the top 12 cryptos whose market cap sits at $66 million or lower. While this may not seem low at first, it is nothing compared to the largest cryptos. A $66 million market cap guarantees that the coins have potential and growing communities, so the risk is somewhat reduced. However, it is still not high enough for you to be too late to invest in them now.
With that said, here are our top selections. Check them out and see if you find the same potential in them as we did. 1. Aion
The first on the list, we have Aion. This is a token used for securing and offering access to the Open Application Network (OAN). OAN is a public network that was developed in Canada, and it is available to everyone. Its goal is to grant the public the environment for the creation of Open Apps, as well as access to said apps.
The project also seeks to achieve interoperability between different chains, which would allow users to develop and access a variety of different applications. And, the Aion token can also be used for storing data, executing smart contracts, and more.
To learn more visit our Investing in Aion guide. 2. Phala Network
Next up, we have Phala Network. This is a project that acts as a privacy-preserving cloud computing service, and it offers computing power similar to existing, centralized services of this kind. However, unlike centralized clouds, it also protects the privacy of all the managed programs.
Phala Network is based on TEE-Blockchain Hybrid Architecture, so it is not only blockchain that runs under the hood. However, this brings plenty of advantages to the project, such as allowing the developers the ability to deploy confidential smart contracts running inside the TEE Enclaves in the CPU.
To learn more visit our Investing in Phala Network guide. 3. Goldfinch
In the third spot, we have Goldfinch, which is a global credit protocol. Goldfinch aims to offer high-quality, sustainable stablecoin yields generated by real-world economic activity. Another of its goals is to offer greater stability, unlike the regular DeFi sector, which is known for being extremely volatile.
The project has its native cryptocurrency, the GFI token, which was launched on Ethereum’s network. GFI is primarily functioning as a governance token for Goldfinch, as well as a lending currency that will make lending more accessible. It enables loans that can use both on-chain and off-chain collateral, which makes it rather unique in DeFi as it is right now.
To learn more visit our Investing in Goldfinch guide. 4. Gitcoin
Moving on, we have Gitcoin, which is a decentralized community of creators, builders, and protocols. According to the project itself, they have all come together to work on developing the future of the open internet. Gitcoin is a project that aims to create a community that supports infrastructure for Web3, which includes new tools, technologies, networks, and anything else tied to the next version of the internet.
The project uses its native token, GTC, which is necessary for the creation and funding of the DAO that will eventually grow to govern Gitcoin.
To learn more visit our Investing in Gitcoin guide. 5. API3
The fifth on our list is a project known as API3, which is a project that aims to allow the creation of decentralized versions of APIs. APIs are meant to be built, managed, and monetized, all within the same platform. The project’s team […]
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