Best Low Cap Crypto Gems to Buy Right Now
A large portion of the crypto market consists of low-capped cryptocurrencies. These assets are desirable to investors because of their lower market cap and huge profit potential. However, determining the best low-capped cryptos to buy is difficult due to the prevalence of fraudulent projects.
This guide explores some of the best low cap cryptos and how traders can invest in them.
The Top Low Market Cap Coins Reviewed
Despite the broader market downturn, opportunities to profit still exist. Smart investors are purchasing the best low market cap crypto to buy during this bear market.
With crypto prices declining, investors can buy the best low cap crypto gems at a bargain price. This section reviews top cryptocurrencies with the highest potential due to their room for growth.
Wall Street Memes – Overall Best Low Cap Crypto to Buy in 2023
Wall Street Memes is the best low-cap crypto of this year, thanks to its meme-centric nature that has gotten the attention of the entire crypto community.
Inspired by the legendary Reddit group Wall Street Bets, a team that led the Gamestop short-squeeze and squeezed hedge fund companies out of profits, Wall Street Memes wants to do something similar to memecoin.
It intends to create a community that can rally behind its native memecoin – WSM – and generate profits for its members.
Embracing the mantra of “Greed is indeed, very good”, Wall Street Memes focuses on one thing only – generating profits. It makes no promises about the utilities. What it does deliver is an interactive community with over 1 million followers across 4 different social media platforms and posts humorous enough to get the attention of Elon Musk.
Social media activity can make or break a memecoin, and the traction Wall Street Memes has gotten on Twitter, Discord, Telegram, and Instagram is already shaping it into a winner.
WSM is currently available as a 20-staged presale, with over $17.5 million already raised. The hard cap is $20 million, leaving little time for those looking to be early movers to invest.
Launchpad XYZ – Low Cap Web 3 Crypto to Buy in 2023
Taking a more utility-centric route to provide value to investors is Launchpad XYZ. It bills itself as an all-in-one Web 3 platform that allows users to find the best Web 3 projects to invest in. Helping through this is Launchpad Quotient (LQ), a metric designed by combining 400 data points that induce financial, social, and technical indicators.
LQ determines the quality of the best NFTS, utility cryptos, play-to-earn games, metaverse experiences, and crypto presales. Adjoining LQ with these elements together is Apollo, a Launchpad XYZ-native Artificial intelligence that would allow users to find their best Web 3 projects on the fly.
Launchpad XYZ also offers a trading terminal that doubles as a strategic learning tool for beginners and a high-powered trading tool for veteran investors. The tools available on this terminal will offer investors the trading edge they require to get a leg up in the current market.
Launchpad XYZ’s aim to make Web 3 more accessible to all is the primary reason behind its raising more than $1.1 million during its presale. The potential for this low-cap crypto will be determined by how much it can deliver on its lengthy roadmap. If it does, it has the potential to become one of the best utility cryptos of 2023.
Evil Pepe Coin – Low Cap Memecoin; Inspired by PEPE
Evil Pepe Coin represents an investor’s urge to go after the memecoins and other volatile investments that they often know to turn out to be a rug pull. Capitalizing on the notoriety that Pepe Coin achieved in a short time, Evil Pepe Coin states that it wants the community to embrace the audacious side of crypto, which is uncertain, and filled with FOMO but is still profitable.
This community-driven is banking on the ‘primal” desires of investors so that they can unleash their inner “meme” villain and become successful by investing in memecoins at the right time. Stating that it is a rebellion against the status quo of the crypto world, Evil Pepe Coin, through its token EVILPEPE, aims to push the boundaries of crypto norms and embrace the unpredictability of memecoins and turn them into profit generators.
The official whitepaper of this project plays more on the sentiment of investors rather than providing a utility, which makes it an honest investment. Launched amidst the memecoin mania, this token that partly bears the name of the asset that started it all can potentially move up once it lands on DEX.
For now, it can be invested in via its presale, which has already raised more than $700k, which is closer to halfway of its $2 million hard cap. Early movers should watch this asset carefully, as it is creating quite a buzz on Twitter.
Unleash the chaos! 💥 The mischievous Evil Pepe is scheming a revolution in the cryptoverse.
Buy into our presale and let's flip the tables together. Are you brave enough to join our wicked journey into the shadows of blockchain? 🐸😈 https://t.co/yD0rw22MGP#EvilPepe #Presale pic.twitter.com/0MaGsnUFPB
— Evil Pepe (@evilpepe_token) July 25, 2023
BTC20 – Low Cap Bitcoin for The Ethereum Blockchain
Bitcoin has only been fruitful for investors that could get in early in 2011 when it was worth only $1. Now at $30k, its potential to make the same level of gains remains uncertain for all and inaccessible to most investors. BTC20 is here to provide an alternative.
Embracing the early tokenomics of Bitcoin while bringing it to the Ethereum Blockchain, BTC20 is giving investors a chance to get back into Bitcoin. It aims to repeat Bitcoin’s cycle of 2011 in hopes of creating the same level of value and traction over the next decade.
Like Bitcoin, BTC20 is giving away $6.05 million in tokens via its two-staged presale, with the price being $1 for both stages. The remaining 14.95 million tokens will remain in the liquidity contract, from which tokens will be released as rewards to stakers similar to the original Bitcoin block reward mechanism.
Similar to how Bitcoin releases 6.25 Bitcoins to miners upon the confirmation of one block, BTC20 will release a predetermined number of BTC20 tokens to stakers with each block confirmation.
Built on the foundation created by Bitcoin, BTC20 is a greener alternative. Its usage of a proof-of-stake consensus mechanism drastically drops the hardware requirement, making becoming a staker more affordable. That aspect has contributed to helping BTC20 raise more than $1.7 million in its presale already.
Chimpzee – Green Crypto Dedicated to Combating Climate Change
Chimpzee is a low-cap crypto designed to drive movements related to climate change and the protection of endangered species. Built on the Ethereum blockchain, this eco-friendly asset incentivize users in three ways to take environmentally friendly measures.
These measures come in the form of three earning mechanics:
- Shop to Earn – Chimpzee Shop implements this ecosystem’s Shop to Earn mechanic. Every time an investor buys something from the shop, two things happen. A share of the profits is directed to eco-focused organizations, and investors get rewarded with CHMPZ tokens.
- Trade to Earn – Through its NFT marketplace, Chimpzee will share a portion of the overall profits generated by trading NFTs with all those who actively engage with this system. Bearers of Chimpzee NFT passports will get a bigger chunk of rewards.
- Play to Earn – Chimpzee is introducing a “Zero Tolerance Game” to gamify the tasks related to protecting endangered species and protecting the environment. Completing tasks will reward users with Chimpzee tokens.
Multiple green crypto projects have taken his path to incentivize investors – and all of them have been successful to varying degrees. But Chimpzee is leveraging a combination of NFTs, merch shop, and P2E to add more flavour to its ecosystem, which gives it the potential to go big in the near future.
DeeLance – Low Cap Crypto for Freelancers
DeeLance is a utility project that aims to bring the freelancer economy to the blockchain space. It addresses the current qualms of the ecosystem, ranging from late payouts and stolen projects, by leveraging NFTs and metaverse.
Creating a system where freelancers can tokenize their projects, DeeLance offers a platform where users can post their projects as NFTs. That allows these freelancers to have legal ownership of their projects, and through smart contracts, that ownership can be transferred to clients.
For employers, DeeLance offers a job posting module that offers everything from editing tools to an advertising banner. DeeLance also offers a metaverse from which users – employers and freelancers – can buy land to set up shop inside a digital space.
With so many upsides on the digital frontier, it is no surprise that DeeLance has done so well in its presale round for its native token – DLANCE. The presale is on its last legs. Interested parties should consider investing soon.
Theta Fuel – Gas Token for the Theta Blockchain
With a $330.2 million market cap, Theta Fuel or TFUEL is a low market cap cryptocurrency with the potential for a massive uptrend.
The digital asset serves as the gas token for the content delivery and blockchain-facing video streaming protocol. TFUEL is mainly used to power operations on the Theta blockchain, like payments to relayers for sharing a video stream, deployment of smart contracts, and serving as the fee for interacting with NFT and decentralised finance (DeFi) applications.
Despite a broader bearish climate, Theta Fuel has continued to score valid points. The video streaming channel recently got listed on the Binance.US Buy Page. Now, TFUEL investors can easily buy the token using USD currency.
TFUEL is trading at $0.063, up 32.27% in the past week.
Stacks – Bitcoin-based Smart Contracts Network
Boasting over $770 million in market valuation, the Stacks blockchain is a layer-1 protocol operating on the Bitcoin network.
The protocol’s mission is to bring smart contracts and enable the development of dApps on the proof-of-work (PoW) network. This is done by altering the decentralised and secure features of the Bitcoin platform.
Looking to bring out the full potential of the Bitcoin protocol, Stacks has been collaborating with a lot of blockchain protocols. In a recent announcement, the Xverse wallet announced the launch of a Bitcoin Naming Service (BNS) built on the Stacks network. This will allow users to receive and send crypto with their BNS usernames.
At press time, Stacks’ STX token is trading at $0.456, up 26.94% in the past week.
Holo – Streamlined DLT Platform
Boasting over $402 million in total value locked (TVL), the Holo blockchain takes the fifth spot on our best low market cap cryptocurrency to buy in the coming bull market. The Holo blockchain has a unique proposition. Instead of copying an entire blockchain ledger, the protocol picks only information relevant to the user.
The protocol launched in 2018 and has been one of the most talked about projects in the crypto industry. Holo chain solves the issues around scalability and blockchain throughput by allowing users to only deal with data that concerns them.
On the fundamental front, Holochain has recently been tapped by an instant messaging (IM) platform, Kizuna, to develop its service.
At press time, HOT token is trading at $0.0023, up 23.43% in the past week.
Moonbeam – Polkadot Based DeFi Platform
With just $729 million to its name, Moonbeam is another best low cryptos to buy that investors should pay attention to. The platform is based on the Polkadot platform but is Ethereum-compatible. This means users can easily trade and interact with ERC tokens, principally known with the Ethereum network.
The platform operates as a parachain on the Polkadot network and allows developers to leverage Ethereum’s Web3 RPC, accounts, keys, subscriptions, logs, and more. Moonbeam’s strong Ethereum affiliation enables developers to build on Polkadot with minimal changes to their setup. The protocol is powered by its GLMR token.
Moonbeam has recently integrated with Qoda Finance. The platform has been selected for a testnet launch by the DeFi protocol.
At press time, the GLMR token is trading at $0.78, up 11.4% in the last seven days.
Siacoin – Decentralised Storage Solution
Siacoin commands under $226 million in TVL and is one of the best low cap cryptos to buy for several reasons. It is focused on the decentralised storage business, allowing users to store their important details on extra bandwidths of its distributed computers.
Siacoin functions as a decentralised storage marketplace as it pairs a user and a storage provider. The SC token powers most operations on the network, allowing users to pay for fees, computation and model tasks, governance, and staking. The platform aims to become the decentralised storage backbone for the rapidly grown crypto economy.
Fundamentally, Siacoin lacks any recent market news. However, the project pulls a lot of weight among crypto investors. Siacoin trades at $0.0044, up 30.85% in the last week.
Ravencoin – Specialised P2P Network
Leaning strongly into a decentralised value ideology, Ravencoin is one of the top low market cap cryptos. The platform boasts $606.5 million in its fully diluted market cap. Ravencoin operates as a digital peer-to-peer (P2P) network that focuses on transferring value across different blockchains.
Unlike other low market cap cryptos, Ravencoin only functions in this specific use case of blockchain technology.
The platform was built on a Bitcoin fork and is a fair-launched project. The platform has no recent fundamentals but keeps attracting much investor interest.
At press time, its RVN token is trading at $0.028, up 35.75% in the past week.
Harmony – Scalable DeFi Network
With a fully-diluted market cap of $347.5 million, Harmony blockchain is one of the best low cap cryptos to buy as the crypto market recovers. The layer-0 blockchain protocol is a new generation network that enables the development of smart contracts and dApps.
Harmony does this by using random state sharding, which allows it to create multiple blocks in seconds instead of minutes. The platform boasts of enabling 2-second finality for transactions posted to its network.
The Harmony blockchain has been working on its cross-chain infrastructure and cross-shard contracts in the past year, and the project has linked up with networks like Ethereum and Solana to enable interoperability. The ONE token serves as the network’s utility token.
Harmony has been hard-hit by a major hack which saw it lose millions in investors’ funds. However, the platform is still building out its ecosystem and recently partnered with Miracle Universe. The integration will allow game developers to access top-notch tech stacks, funding, tokenisation, design, and distribution.
At press time, the ONE token is trading at $0.027, up 44.21% in the past week.
Qtum – Bitcoin’s UTXO Transaction Model Network
Raking in $342 million in market cap, the Qtum blockchain rounds up our best low cap cryptos to buy list.
The platform is a proof-of-stake (PoS) smart contract network that allows the development of smart contracts in an open-source environment. It focuses on scalability and relies on Bitcoin’s UTXO transaction model to build a truly decentralised and secure solution.
Qtum leverages the high-security undertone of the Bitcoin network and Ethereum’s robustness in dApps to provide a truly modern blockchain concept.
The platform’s popularity is grabbing investors’ attention. According to a recent tweet, the Qtum blockchain hit 2 million blocks, pointing to a growing number of solutions building atop the protocol.
At press time, the QTUM token is trading at $3.33, up 28.16% in the past week.
What is Low Cap Crypto?
Before going further into what a low cap crypto is, we need to understand what a market cap means. So what is a market cap?
A market cap is synonymous with the total dollar value of a crypto asset. This is usually derived from multiplying the current price of an asset by the number of coins currently in circulation.
A low cap crypto asset is a digital asset with a market cap lower than $1 Billion. This is largely predominant among newly launched projects.
These assets offer more upsides and a larger crypto bag. Due to their lower prices, investors can buy more than their more expensive and established competitors. While investing in a large cap project can be a smart choice, many low cap cryptocurrencies offer more opportunities to make profitable trades.
Factors to Consider When Searching for Low Market Cap Cryptocurrencies
Identifying some of the most promising coins can be a major chore, given the low public interest they attract. How should investors source the best low cap cryptos to buy?
Top News Outlets
Reputable news platforms like B2B Community and Bloomberg are viable media outlets investors can use to identify fast-rising stars in the crypto space. Development teams usually use these platforms to push their brand to the wider public and announce product updates.
Although a social media network, Reddit has quickly carved a niche for itself as the crypto investor’s paradise. The platform has multiple channels or subreddits where crypto enthusiasts discuss newly launched and promising low cap cryptocurrencies. Looking to stay in the loop? Joining a Reddit crypto forum will help.
Data aggregator websites like Coinmarketcap and CoinGecko constantly list new coins daily. These sites boast thousands of projects. Newly listed coins are added to the ‘Recently Added’ tags.
Investors can also look at the Trending section to see the projects making their debut on the global crypto charts, and filter by market cap and price for micro cap cryptos under $1.
Social Media (Follow the Right Influencers)
Social media platforms like Twitter, Discord and Instagram are popular hotbeds for crypto discussions. Many influencers use these platforms to educate their followers on the projects they hold and new projects breaking into the market. Following the right influencers on these platforms will help an investor stay aware.
Should You Invest in a Low Cap Crypto?
Investors often avoid these altcoins, given their relative novelty and low market cap. But what do investors stand to gain if they invest in low cap crypto assets? They are prone to large price swings due to their lower market value. However, the minute a bull market is in play, low cap cryptos tend to post more profits than their large-cap counterparts.
Below, we’ll examine some other reasons:
Cryptos with lower market caps have low dollar valuations compared to their more established counterparts. Given their relatively low dollar value, they tend to post more price uptrends within a short period. A low market crypto can easily scale more than 50% in a good market climate. For instance, the Lucky Block token surged more than 4,000% in less than two weeks of its launch. This was during a full-swing bear market.
Also see our guide to the cryptos with the most potential.
Trade at a Discount
Low cap cryptocurrencies also cost less in upfront investment. This is different when dealing with a project like BTC. A $100 investment can only obtain fractions of Bitcoin, and a price surge would not directly impact the expected return on investment.
With a token less than a dollar, a 20% surge would create huge upsides.
Have More Utility
Low cap cryptos also have more utility than their large cap counterpart. Aside from facilitating network fee payments and securing the network, the BTC asset does little else.
Meanwhile, the IBAT token facilitates payments, computation and model data usage, NFT and Metaverse use, staking, and governance. Lower cap assets generally provide more utilities than larger cap assets.
Best Platforms to Buy Low Cap Crypto Gems
With an understanding of what a low cap crypto is, investors may wonder about the best platforms to use. There are several cryptocurrency trading platforms in the market. However, we recommend using eToro.
eToro is a social trading platform and one of the best places to buy low cap crypto gems.
Traders who use eToro benefit from its community. Investors can communicate and learn from one another. This communication is made possible via eToro’s CopyTrader functionality, allowing users to copy more experienced traders’ trades for low fees. CopyTrader saves beginner traders from taking unmitigated risks while enabling them to profit from their trades. Essentially, new traders can learn and earn with CopyTrader.
Additionally, the CopyPortfolio feature allows users to diversify their portfolios across top-performing industries and sectors. This feature automatically rebalances their investment basket, ensuring that investors always obtain the best returns on investments (ROIs).
eToro is also user-friendly. A manual isn’t required to place an investor’s first trade. Also, the platform has a low minimum deposit of $10, and investors can deposit without any fees using a bank wire transfer, credit/debit card, and e-wallet solutions like PayPal.
eToro is also secure. It offers two-factor authentication (2FA) for users. In addition, the platform is regulated by top financial watchdogs like the Financial Conduct Authority (FCA), Australian Securities and Exchange Commission (ASIC), Cyprus Securities and Exchange Commission (CySEC), and the Financial Industry and Regulatory Agency (FINRA).
To purchase the best low cap cryptos to buy, follow these detailed steps:
Visit the official eToro website and tap on the ‘Start Investing’ button. This will lead to the registration page. Put in your preferred username, email address, and password.
eToro is regulated, meaning new users must comply with stipulated know-your-customer (KYC) guidelines. This doesn’t take a lot of time. All new users have to do is upload a copy of their driver’s license or official ID and a copy of their utility bill or recent bank statement.
To fund an account, tap on the profile icon and select the ‘Deposit Funds’ button. Then, select a preferred payment method and insert how much to credit the newly created eToro trading account. Once done, tap on ‘Deposit’ to complete the process.
The last step is to buy crypto. Type in the ticker symbol for the preferred asset and select the relevant popup result. Then, click on ‘Trade’ to open up the order box. Fill in a purchasing amount and click on ‘Open Trade’ to complete the purchase.
Low cap cryptocurrencies may be volatile and risky, but they provide one of the fastest means for investors to hit their financial goals, especially if they identify the genuine ones.
Wall Street Memes is one of the hottest low cap crypto projects on the market. This community-focused token has over 1 million followers on social media, which is fueling its value during the presale.
Another low cap token to watch out for is Launchpad XYZ. It aims to encompass all elements of Web 3 into a single inclusive blockchain package.