โ๏ธ How did we select the best low market cap crypto? ๐ค
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๐ When choosing the best small cap crypto, we have focused on cryptocurrencies that have already reached a market cap of over $100 million, but have the potential to grow further and join the ranks of the biggest cryptocurrencies on the market.
๐ There are several reasons why we didnโt feature โmicro-capโ cryptocurrencies when choosing the best small cap crypto with potential. Micro-cap cryptocurrencies typically have poor liquidity, which means they are difficult to trade and can have even higher volatility than one would already expect from a cryptocurrency. They are also more vulnerable to market manipulation, as a smaller amount of capital is needed to move their price substantially.
๐ When looking at cryptocurrencies with very low market capitalizations ($10 million or below), itโs common to see crypto projects that are either in an extremely early stage, donโt have a notable development team or a credible roadmap, or have already been abandoned. To sum it up, if a cryptocurrency has an extremely low market capitalization, thereโs probably a very good reason for it.
๐ Meanwhile, the cryptocurrencies we have featured in this article are readily available on several crypto exchanges, have sufficient liquidity to trade, and are still in active development. We made sure to pick cryptocurrencies from various sectors of the cryptocurrency market such as decentralized finance, privacy, real-world assets, layer 1, AI and decentralized computing, and of course, meme coins.
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