Joy to the world the merriest of merry seasons is upon us, it’s crypto low caps season. Many if not most “experts” will advise you to invest in Bitcoin (BTC) and Ethereum (ETH). The question is, would that advice lead to profit? BTC is the original cryptocurrency, ETH and all other cryptocurrencies are described with the term altcoin.
The problem with investing in BTC is that it does require a whole lot of liquidity which many new and even some of the most experienced investors do not have. BTC is expensive and so are most altcoins that have meaningful value. However, this should not be a reason to frown, be joyful as alt season appears to be here.
Crypto Low Caps In A Snap
Cryptocurrencies come in all shapes and sizes however the most lucrative ones are those that have low caps. What are low caps you ask? Low-cap cryptos are cryptocurrencies that have a small market capitalization which is usually under $1 billion. This translates into the crypto having a lower total value or fewer tokens in circulation.
As mentioned, cryptos come in all shapes and sizes and can be found across different ranges of blockchain networks which include Ethereum, Binance Smart Chain, Solana, and others. Another smaller category of crypto does exist and is known as micro caps. Micro-cap cryptos are cryptocurrencies that have a smaller market capitalization of $300 million which most of the time is actually under $10 million.
The logic behind investing in both low and micro caps is the ability to minimize the risk factor due to the low or limited valuation. This also enables you to purchase a larger quantity of the crypto which in turn also enables you to possibly get greater returns on your investment. The more you own a unit the more you stand to earn in profits as its value increases over time.
However, you want to be very careful with microcaps cryptocurrencies as most of the time they are newly launched and have low trading volumes. Most investors will forgo investing in micro-cap as they are highly speculative even though considered risky due to their limited history. This translates into high volatility in pricing susceptible and dictated by market manipulation.
Best Low-Cap Options
The best low-cap cryptocurrencies for alt season 2023 are those that have a large community following. The community can be evaluated by the online activity from the crypto’s various social media channels which may include Telegram, Discord, and Twitter, and can usually be found through their websites.
Some may point you towards Audius (AUDIO) or Serum (SRM) as investment options, or even other more well-established altcoins. I, on the other hand, would instead point you in the direction of soon-to-be-released altcoins that are in their pre-sale state such as Big Eyes Coin (BIG).
BIG has managed to secure over $33 million in funding and has a large following on the Telegram channel. There are other options available in terms of selecting an altcoin or meme coin to invest however as mentioned BIG has a dedicated community and has managed to raise a large amount of money in the presale stage in a very short amount of time.
Some may see that investing in unreleased crypto may be a risky investment as it has no transaction history however any investment in crypto can be risky anyway. The reason behind Dogecoin’s (DOGE) success has been its community which is why selecting an altcoin with a large community backing is very important to be successful as a crypto investor.
Big Eyes Coin (BIG)
Presale: https://buy.bigeyes.space/
Website: https://bigeyes.space/
Telegram: https://t.me/BIGEYESOFFICIAL
