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Many investors look to low cap crypto projects for their growth potential in the market. There are many low cap projects out there – but it’s important to select those that are legitimate.
This guide will rank the 10 best low cap cryptocurrencies of 2022.
We also explain how investors can choose their own low cap gems and why they can be attractive additions to any crypto portfolio.
Quick Rundown of the 10 Best Low Cap Cryptocurrencies
Below is a list of the overall best low cap cryptos to buy right now.
- Tamadoge (TAMA) – Top Low Cap Cryptocurrency to Invest in
- Battle Infinity (IBAT) – Decentralized Gaming Metaverse With Fantasy Sports Elements
- Lucky Block (LBLOCK) – NFT Competitions Project With Rewards Pool
- ApeCoin (APE) – Governance and Utility Token by Bored Ape Creators Yuga Labs
- Synthetix (SNX) – Decentralized Trading Platform and Liquidity Pool
- Chiliz (CHZ) – Sports Entertainment Platform With Fan Tokens for Major Clubs
- IOTA (MIOTA) – Utility Token Supporting Fast and Frictionless Transactions
- NEO (NEO) – Low Cap Crypto With Dual Token Model
- ZCash (ZEC) – Privacy Focussed Peer-to-Peer Network
- EOS (EOS) – Blockchain With Unique Governance and Hard Fork to Antelope
We have vetted each of the above-mentioned low cap cryptocurrencies to ensure they are all genuine projects.
Best Low Cap Cryptocurrencies: A Closer Look
Now, let’s take a closer look at the best low market cap crypto projects with the potential to be successful.
1. Tamadoge (TAMA) – Top Low Cap Cryptocurrency to Invest in
NFT gaming metaverse project Tamadoge is undergoing an extremely successful presale and it our top pick for best ICO having raised nearly $12 million in funding.
At the time of writing, the presale phase is now more than 70% sold with the remaining tokens expected to sell before the end of September.
Early investors can still buy 40 TAMA tokens for the discounted price of 1 USDT. There is a limited number of TAMA left at this price, with price increases after every token release – the next tranche reducing the price to 36.36 for 1 USDT.
Tamadoge will be added to exchanges such as LBank and Uniswap when the presale is complete and although Tamadoge could be described as a meme coin, it has long term utility.
In terms of the use cases of TAMA, this cryptocurrency powers the Tamadoge ecosystem and is also a governance token.
Tamadoge is a P2E game that involves minting, breeding, training and generally taking care of NFT pets, based upon the Tamagotchi craze of the 90s. Once the pets are big and strong, players can take them to battle against others.
This is the overall best low cap crypto to buy now – as TAMA also acts as the in-game currency. Moreover, TAMA rewards can be used for purchasing products. When looking for cryptos with a low market capitalization, it’s important to check the roadmap of the project in question.
Eventually, Tamadoge NFT pets will be able to go on playdates in the Tamaverse and the project will also offer more prize giveaways. By Q3 2023, the platform will release a collection of Tamadoge P2E arcade games with TAMA token rewards offered to players.
Moreover, those interested in augmented reality will be able to explore their real-world surroundings with the Tamadoge AR app. Players will be able to play with their NFT pets as well as go hunting for TAMA tokens in this AR world.
NFT pets can be bought, sold or traded as the player is able to take full ownership of them. Investors interested in this low cap cryptocurrency can stay up to date with the project by joining the Telegram group, or following them on Twitter via the handle @Tamadogecoin.
Visit Tamadoge
2. Battle Infinity (IBAT) – Decentralized Gaming Metaverse With Fantasy Sports Elements
Battle Infinity is one of the best low cap crypto gems for those interested in fantasy sports. The token is called IBAT and the ecosystem is jam-packed with different products – at the time of writing, IBAT has a fully diluted market capitalization of just over $43.3 million.
This P2E gaming multiverse includes its own decentralized exchange called Battle Swap. Players can buy IBAT tokens as well as exchange rewards for other digital currencies. This is integrated with all other elements of the Battle Infinity platform.
For instance, the Battle Market is where players can buy in-game assets such as weapons and characters, presented as NFTs. Battle Arena is the project’s metaverse, which is also connected to P2E games.
A standout feature of this low cap crypto project is the IBAT Premier League, a fantasy sports game on the blockchain. The game allows players to create their own strategic teams to compete against others.
Sports include cricket, based on the Indian Premier League, baseball, basketball, and American football. Each NFT player represents a real world athlete and the value of the asset will depend on the performance of the player it tracks.
Furthermore, the team behind Battle Infinity is also working on adding English soccer teams to its NFT fantasy sports collection. IBAT holders can also head over to the Battle Stake section of the platform to claim extra benefits. Rewards are gained by depositing and locking IBAT tokens.
Those who stake IBAT are also eligible for additional rewards by performing other activities on the Battle Infinity platform. The total supply of IBAT tokens is 10 billion and the coin is among our best penny cryptos on the market.
At the time of writing, the roadmap of Battle Infinity is in phase four. Phase six will include avatar releases in the Battle Market, not to mention the introduction of world-building capabilities on the Battle Arena, further game launches, and more.
Phase seven is set to include NFT Land smart contracts, as well as land maps and Battle Arena integration.
Visit Battle Infinity
3. Lucky Block (LBLOCK) – NFT Competitions Project With Rewards Pool
The Lucky Block team released LBLOCK tokens to the public in early 2022 and the project seems to have gone from strength to strength. There are two versions of this cryptocurrency. LBLOCK V1 is used for games, rewards, and prizes.
LBLOCK V2 is suitable for day trading as there is no tax to pay and is also used as a reward token for NFT holders. In a nutshell, V1 is for gaming and V2 is for trading. LBLOCK V2 has a fully diluted market capitalization of $7.6 million.
LBLOCK V1 has a diluted market capitalization at around $37.7 million. This low cap crypto aims to stand out from the crowded marketplace with its “everyone’s a winner” mantra. The platform offers investors rewards for owning Lucky Block NFTs.
According to the platform, prizes attached to the daily Lucky Block NFT competition draw is equivalent to 2% of the main pool. Moreover, those who buy Lucky Block NFTs will earn LBLOCK rewards and also gain lifetime entry into weekly draws – with current prizes including $1 million of Bitcoin and a $300,000 Lamborghini.
The more LBLOCK tokens that the investor holds, the higher the rewards on offer. In addition to the competition-related NFTs, Lucky Block also has a separate series of 10,000 unique digital assets. 25 of these NFTs are rare collectibles.
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4. ApeCoin (APE) – Governance and Utility Token by Created by Yuga Labs
ApeCoin is an Ethereum-based currency and one of the best new cryptos to buy whether you own a Bored Ape Yacht Club NFT or not. At the time of writing, the market capitalization of APE is around $1.5 billion.
Anyone who owns APE tokens is able to participate in the governance of the ApeCoin DAO. This is in charge of making choices on topics like ecosystem fund allocations, governance guidelines, projects, partnerships, and more.
In early August 2022, fashion brand Gucci revealed that it had increased its selection of payment alternatives to include APE tokens. 70% of Gucci’s retail outlets already accept payment in cryptocurrencies across the US.
ApeCoin announces all new proposals on its Twitter feed as well as on the main platform. This allows investors to stay up to date on the project. The Bored Ape Club’s Web3 metaverse game, Otherside, is one of the most anticipated in the industry.
Furthermore, well-known music artists Snoop Dogg and Eminem performed with their own apes inside the Otherside metaverse in collaboration with the MTV VMAs. They also released a music video with their Bored Ape avatars.
This video has attracted almost 50 million views at the time of writing, which is great publicity for ApeCoin, Otherside, and the ecosystem as a whole.
Buy APE on eToro
Cryptoassets are highly volatile and unregulated. No consumer protection.Tax on profits may apply.
5. Synthetix (SNX) – Decentralized Trading Platform and Liquidity Pool
The issuing of synthetic assets on Ethereum is made possible through the protocol known as Synthetix. A synthetic asset is comparable to a derivative product – it tracks the underlying asset to offer investors exposure to their chosen market without taking ownership.
The native token to this platform is SNX, which is accepted as collateral by the Synthetix protocol. At the time of writing, the market capitalization of SNX is over $770.6 million.
Investors can access many assets at Synthetix. Synths include things like sBTC for Bitcoin or sJPY for the Japanese Yen. Commodities such as gold and also stocks can be traded as synths.
As such, the Synthetix network draws a sizable financial community, and offers a diverse range of investors the opportunity to trade in the native token SNX.
Buy SNX on eToro
Cryptoassets are highly volatile and unregulated. No consumer protection.Tax on profits may apply.
6. Chiliz (CHZ) – Sports Entertainment Platform With Fan Tokens for Major Clubs
The blockchain-based sports entertainment platform Socios is powered by Chiliz. For those unaware, this allows fans to engage in the administration of their favorite sports teams. The numerous fan tokens hosted by Socios is an illustration of that.
CHZ is the native token of Chiliz, which means that this low cap currency powers the platform. At the time of writing, the market cap of Chiliz is just over $1.2 billion. Aside from the aforementioned Battle Infinity, CHZ is the best low market crypto for sports fans.
This is because Chiliz has formed an alliance with some of the top sports organizations globally. This includes the likes of Manchester City, Arsenal, FC Barcelona, Paris Saint-Germain, Juventus, Inter Milan, and many more.
Fans can buy a variety of fan tokens using CHZ, which includes those for their team as well as leagues. Through surveys and polls, for instance, supporters can participate and have a say in club-related issues.
Additionally, it touts affiliations with gaming companies, as well as the NBA and UFC. At the time of writing, there is a buzz around Chiliz Chain 2.0, which is a significant upgrade to its blockchain. This upgrade allows for the buying and selling of NFTs through the platform, as well as cheaper transaction fees.
Buy CHZ on eToro
Cryptoassets are highly volatile and unregulated. No consumer protection.Tax on profits may apply.
7. IOTA (MIOTA) – Utility Token Supporting Fast and Frictionless Transactions
IOTA is a cutting-edge network created to support the cost-free, frictionless flow of value and data between humans and machines. The token that supports this interconnectivity is MIOTA. Its market cap is a little over $814.5 million at the time of writing.
This utility token is designed for the Internet of Things (IoT), which opens up new possibilities like smart cities, digital identities, supply chain management, and built-in automobile wallets. Validators and transactions are compensated for handling new transactions.
Although IOTA is a distributed ledger, there are no blocks or miners because it does not employ blockchain technology. As a result, the network is quicker than conventional blockchains.
IOTA users validate two earlier transactions each time they conduct a new one. To participate in the distribution of fresh tokens, MIOTA may be staked. Moreover, IOTA’s programmable network allows for the tokenization of any asset, enabling the development of dApps.
Buy IOTA on eToro
Cryptoassets are highly volatile and unregulated. No consumer protection.Tax on profits may apply.
8.NEO (NEO) – Low Cap Crypto With Dual Token Model
The NEO platform leverages blockchain technology and smart contracts. As well as creating and managing digital assets, the open-source blockchain platform seeks to change the existing state of the global economy into a ‘smart’ one.
NEO carries a market capitalization of around $667.5 million at the time of writing. Holders of NEO tokens have ownership interests and voting rights in the network. The supplementary coin on the original NEO network, GAS, was once employed to cover fees for trickier transactions.
According to the platform, GAS does not need staking and is given to investors just for holding NEO tokens. Put simply, NEO acts as a governance token, and GAS is the platform’s utility coin.
Network charges, the installation of smart contracts, and dApp purchases are all paid for using GAS. Importantly, after a recent update, NEO and GAS may be transferred from legacy tokens to the updated N3 version at a ratio of 1:1.
Buy NEO on eToro
Cryptoassets are highly volatile and unregulated. No consumer protection.Tax on profits may apply.
9. ZCash (ZEC) – Privacy Focussed Peer-to-Peer Network
With a distinct hashing algorithm and set of security measures, ZCash is a fork of the Bitcoin system. At this time, ZEC has a market capitalization of almost $968 million. Investors interested in mining can do so with ZEC tokens.
Notably, for optimal results, application-specific integrated circuits should be used for mining the cryptocurrency. ZEC uses zero-disclosure evidence, allowing for the mathematical consistency of the entire transaction procedure.
This is cross-checked without disclosing any information, which makes ZEC one of the best low cap cryptos to buy for privacy. ZCash’s usage of unique transaction block headers, the zk-SNARK protocol, comments, and JoinSplit descriptions are just a few of its standout features.
Because of its emphasis on anonymity, the ZCash network is well-known among crypto investors. As such, ZEC tokens are available at many cryptocurrency exchanges and online brokers.
Buy ZEC on eToro
Cryptoassets are highly volatile and unregulated. No consumer protection.Tax on profits may apply.
10. EOS (EOS) – Blockchain With Unique Governance and Hard Fork to Antelope
The EOSIO network, which is focused on offering users a decentralized operating system, employs EOS as its native token. At this time, EOS has a market capitalization of a little over $1.4 million.
This project is popular with developers of dApps – as they have access to all the resources they require through the system. After facing several challenges, EOS has moved away from Block.one, the original developer, and has rebranded itself.
Early in 2022, Telos WAX, UX Network, and EOS joined together to manage the creation of EOSIO. An open-source blockchain technology called Antelope was developed as a result of the collaboration between the networks.
As such EOS is now supported by Antelope. The price of EOS increased on the news. Within two months, tokens were trading almost 110% higher. Investors of EOS are watching this space.
Buy EOS on eToro
Cryptoassets are highly volatile and unregulated. No consumer protection.Tax on profits may apply.
What are Low Cap Cryptocurrencies?
There is often a misconception that the price of a token represents the crypto project’s valuation. However, this couldn’t be further from the truth.
On the contrary, in order to asses the value and future growth of a crypto project, there should be a firm understanding of the market capitalization.
The calculation is as follows:
Price of crypto token x circulating supply = market cap
Generally, a low market cap crypto has a valuation of $2 billion or less, as with stocks. That said, some platforms consider those under $1 billion to be small cap assets. Nonetheless, this guide has analyzed a diverse range of low cap cryptocurrencies.
For instance, we’ve assessed new projects like Tamadoge, which we’ve named as our best presale token of 2022. We’ve also included new low cap cryptocurrencies of around $50 million, such as IBAT and LBLOCK.
Additionally, there are crypto assets such as ApeCoin, which has a market capitalization of around $1.5 billion at the time of writing.
Visit Tamadoge
Guide to Finding the Best Low Market Cap Cryptocurrencies
It is true that the cryptocurrency market is volatile and unstable. However, there are several important factors that investors can consider.
Having a checklist may just improve their chances of success while searching for the best low cap crypto gems in 2022.
With this in mind, here are some crucial factors to take into account before investing in low market cap crypto projects:
Consider Crypto Investing Goals
Although seemingly obvious, it is important for the investor to consider their goals.
That is to say, there are traders who wish to buy and sell cryptocurrencies in the short term. In this case, extra volatility will likely be a benefit.
Meme tokens without much utility could be suitable in this scenario as they largely rely on social media attention and sudden influxes of support from online forums.
On the other hand, long-term crypto investors will look for the best low cap cryptos to buy with scalability/growth prospects
As such, when researching the best low cap cryptos to buy for their portfolio, investors could consider whether they want to partake in day trading, or prefer to hold their tokens in the long term.
Research the Roadmap
Some investors will be more likely to choose a project with a clear roadmap and a token with use cases and the potential to grow over time.
This is especially the case for longer term investors who may become part of a community and hold tokens for a longer period of time.
The best low cap cryptos to buy will have a fully operational platform and detail a clear and easily accessible roadmap for all potential investors to study. A good road map has to be precise and timely.
Even better, the roadmap can display a current development track for each level. This aids the decision making process for investors looking for the next big coin.
Does the Crypto Project Have a Strong Following?
Those researching low cap cryptocurrency projects should also check out the community of supporters, as this offers insight into its potential to blow up.
As a general rule, significant community support for a crypto project results in increased networking, awareness and price action.
This entails spreading the word, making the existing community aware of updates, including investors in crypto giveaways, and reaching new targets.
Additionally, a large audience of potential new investors can learn about the project.
The communities that support cryptocurrencies are quite active and involved in such initiatives.
Therefore, having a robust community supporting the project and offering suggestions and input is always beneficial.
On the other hand, if the community is not behind the cryptocurrency, or numbers are still limited during its presale phase, new investors may be hesitant to join.
A good example in this respect is Tamadoge. As of August 2022, the P2E metaverse project had accrued more than 50,000 Twitter followers.
Bear in mind that Tamadoge only joined the social media platform in July 2022. Moreover, as it’s still in its presale phase, this is a good example of a low market cap crypto that has the potential to succeed.
Is it Worth Investing in Low Cap Cryptocurrencies?
We’ve reviewed the best low cap cryptos to buy and have explained how to seek them out.
Next, we’ll talk about the potential advantages of investing in this category of crypto asset
Low Cap Crypto Assets – Potential to Grow
Some, but not all, low cap cryptocurrencies are fairly new projects, or are in the early stages of development.
Because of the volatility in the space, particularly with those finding their feet, investors view small cap cryptocurrencies as high risk.
This is owing to the possibility that they are brand new or that they could collapse if they don’t prove themselves to be popular.
Some of the assets in this category are cryptocurrencies that haven’t yet shown to be resilient on the market.
That said, those who take the risk and invest in a low cap crypto asset early may anticipate tremendous returns on their initial outlay.
All that said, investors should only ever allocate the funds they can afford to lose to any trading position. On the other hand, it’s also possible to invest in a project in its presale phase at a discount before it goes live on an exchange.
As we touched on, investors can buy Tamadoge now on presale. At the time of writing, it’s possible to get 40 TAMA tokens for just 1 USDT.
Some Low Cap Cryptocurrencies Are Good For Day Traders
As we touched on, the best low cap cryptos to buy for day traders will likely be meme cryptocurrencies or new projects. The reason is simple – volatility means greater risk but potentially greater gains.
Moreover, many new low cap crypto assets experience an influx of new investors when they are listed on a major exchange. As such, those who bought tokens during the presale phase could opt to sell for a profit at the height of an early rally.
Buy Low Cap Cryptocurrencies: Walkthrough
Those looking to buy our highest ranking low market cap crypto, TAMA, on presale can follow the guide below.
Step 1 – Choose and Download a Crypto Wallet
Regardless of the decision reached when searching for the best low cap cryptos to buy, it’s crucial to have somewhere to store the respective tokens.
There are many different wallets to choose from. However, MetaMask is simple to download. It also supports various blockchains and is used by 30 million users.
The investor should start by deciding whether to have the MetaMask wallet as an extension on a browser or an app on a phone/tablet.
MetaMask can be installed on Firefox, Chrome, Brave and more. Alternatively, head over to the Google Play Store if using an Android device, or Apple Store for iOS.
Step 2 – Buy Some ETH or USDT Tokens
Investors can swap either ETH or USDT for TAMA tokens on the Tamadoge platform. If the investor doesn’t already have some, they can buy ETH or USDT on a crypto exchange and then transfer them to their new wallet.
Alternatively, buy ETH with a credit card on the Tamadoge platform to exchange for TAMA at the presale price in step 4.
Step 3 – Connect the Crypto Wallet to Tamadoge
To connect the MetaMask wallet to Tamadoge and complete the purchase, go to the official platform. Next, click ‘Buy’.
After clicking ‘Buy’, the above provider screen will appear. Click ‘MetaMask’ or an alternative and confirm all.
Step 4 – Place an Order to Buy TAMA
At the time of writing, investors can swap 1 USDT for 40 TAMA tokens. Enter the amount to invest and confirm the transaction.
Step 5 – Claim TAMA tokens
Following the presale of TAMA, investors who joined the community early can claim their tokens. This simply entails going to the Tamadoge platform and selecting the ‘Claim’ button.
After this, investors will have full access to their TAMA tokens via the wallet they connected when completing the purchase.
Visit Tamadoge
Buy Alternative Low Cap Cryptocurrencies
Below, we explore the best place to buy low cap cryptocurrencies that are already listed.
This should help investors that wish to access the best low cap cryptos to buy now, but don’t know where to start.
eToro – Online Broker Offering Access to Multiple Low Cap Crypto Assets
eToro has been operational since 2007 and is trusted by over 25 million investors and traders. Not only does this trusted online broker list some of the best low cap cryptos we’ve reviewed today, but there are also medium and large cap options.
There is a 1% commission fee payable when buying and selling cryptocurrencies. This is fixed, so there are no surprises for investors. We also found indices, a multitude of stocks, ETFs, currencies, and commodities at eToro.
Regulatory bodies such as the SEC, ASIC, FCA, and CySEC watch over the platform. Moreover, those who buy cryptocurrencies here will find their investments in their portfolio rather than being able to add them to MetaMask. That said, it is also possible to transfer tokens to the eToro Money crypto wallet.
This wallet is offered as a cell phone app and to add their tokens, investors must complete a crypto transfer on the main platform. Note that only certain crypto positions are eligible. eToro also allows investors to buy and sell cryptocurrencies passively via Copy Trading.
Put simply, when $200 or more is allocated to Copy Trading, everything the seasoned trader buys or sells will be mirrored in the portfolio of the investor. Smart Portfolios on the other hand, are comparable to managed funds, only with cryptocurrencies (and stocks).
That is to say, multiple cryptocurrencies will be added to an investor’s portfolio at once. The investor can pick the most suitable Smart Portfolio for their objectives. The minimum investment in this case is $500.
This includes ready-made portfolios like Scalable-Crypto, DAO Portfolio, Napoleon Crypto and more. The minimum deposit amount is just $10 for US investors. Moreover, the platform accepts numerous payment methods. This includes credit/debit cards, e-wallets, ACH, and bank wire transfers.
Buy Crypto on eToro
Cryptoassets are highly volatile and unregulated. No consumer protection.Tax on profits may apply.
To Conclude
Today we have listed and reviewed the best low cap cryptos to buy in 2022. This included exciting new projects like Tamadoge, which, at the time of writing, is available on presale at just 1 USDT for 40 TAMA.
Tamadoge is a meme crypto with a difference as the token can be used across its entire ecosystem.
TAMA will also be offered as a reward during gameplay and investors still have time to join the strong community of supporters before the tokens go live on an exchange.
Visit Tamadoge
FAQs
What is low market cap crypto?
A low market cap cryptocurrency is generally considered to be a project that has a valuation of less than $2 billion. This is similar to how low, medium, and large-cap stocks are viewed.
Which cryptocurrencies have a low supply of tokens?
Tamadoge has a low supply of tokens. The maximum supply is just 2 billion TAMA tokens. As such, this low cap crypto gem is a deflationary coin with a finite supply.
What Low Cap Cryptocurrency is the Best?
Today we found that Tamadoge is the best low cap cryptocurrency to buy right now. The P2E metaverse project is already proving popular. It has an army of Twitter followers, having attracted over 50k between July and August 2022. Moreover, the Tamadoge presale has already raised $12 million.
Which cryptocurrency has the lowest market capitalization?
From the list of projects that we have discussed today, Lucky Block’s LBLOCK V2 token has the lowest market capitalization – at just over $7.6 million. However, there are also projects in this marketplace with a market capitalization of under $1 million.
Which low-cost cryptocurrency has the most potential?
Tamadoge is the best low market cap cryptocurrency with the most potential. This project is building a P2E rewards game that enables players to earn TAMA tokens. The game focuses on a virtual pet that can be bred, trained, and battled.
Are low market cap currencies a good investment?
Whether low market cap cryptos are a good addition to a portfolio will be dependent on the risk tolerance of the investor. Although high risk, there is growth potential with some low market cap crypto projects. Investors should conduct their own research.
This news is republished from another source. You can check the original article here