For investors looking to grow their portfolio, a low-cap coin is the best crypto to buy. Just as in the real world, it’s easier to move lighter objects than heavier ones, the same principle applies in the crypto market. Low-cap crypto assets require less trading volume to experience price movements compared to their larger-cap counterparts.
In this article, you’ll explore three low-cap crypto to buy with the potential to skyrocket for a $2,000 portfolio 100x to $200,000 by December. Investors must carry out further research before committing to investing in the cryptocurrency market.
1. Crypto To Buy – Saga (SAGA)
Saga is a Layer 1 proof-of-stake (PoS) protocol that empowers developers to build interoperable networks, independent of virtual machines. These chains offer limitless horizontal scalability and mirror the robustness of the main Saga network. Leveraging this platform, Saga facilitates the creation of specialized chains for gaming, metaverses, and diverse entertainment applications.
Currently, over 350 projects are developing on the Saga main chain, with gaming projects comprising 80% of these initiatives. The remaining 20% span across DeFi, NFTs, and other entertainment sectors. In 2022, the blockchain gaming industry was valued at $122 billion, projected to skyrocket to $614 billion by 2030. Saga is strategically positioning itself in this burgeoning market with its rapid and infinitely scalable blockchain solution.
The native coin of the Saga blockchain, SAGA, is priced at approximately $1.94, boasting a market cap of $181 million. The daily trading volume of this cryptocurrency has surged by 22%, indicating growing interest among investors. Given its current trajectory, Saga appears poised to become a multi-billion-dollar blockchain.
SAGA is only 3.09% above its recent all-time low price from two months ago, presenting a compelling investment opportunity bolstered by its robust fundamentals.
2. Parcl (PRCL)
Parcl is a decentralized exchange (DEX) designed exclusively for trading tokenized real-world assets (RWA), focusing particularly on tokenized real estate. Unlike other RWAs, Parcl specializes in real estate tokens and provides access to indices like New York, London, and San Francisco for speculative trading.
The global real estate market is valued at a staggering $637 trillion, whereas the tokenized real estate market currently stands at $3.8 billion as of 2024. Analysts predict that by 2030, this figure could surge to $16 trillion. This will still be a fraction of the overall global real estate market.
PRCL price is currently trading around $0.33, with a market cap of approximately $40 million. Parcl DEX operates on the Solana blockchain, renowned for its speed and scalability, supported by robust performance metrics. In May, Solana witnessed the launch of over half a million new tokens without experiencing network crashes or significant fee hikes, as reported by The Block.
The 24-hour trading volume of PRCL has increased by 2.4%, indicating growing investor interest. Furthermore, PRCL’s price has risen by only 7.22% from its recent all-time low two months ago, making it one the best cryptocurrencies to invest in before the bull run.
3. Core (CORE)
Core is a Layer 1 blockchain that aims to complement Bitcoin’s capabilities. The network ensures security through a new consensus mechanism known as Satoshi Plus. Satoshi Plus integrates Delegate Proof of Work (DPoW) with Delegated Proof of Stake (DPoS), creating a robust security framework for the emerging blockchain.
On the Core blockchain, Bitcoin miners validate smart contracts and receive CORE tokens as rewards. Security is paramount in the crypto space. Developers and investors are increasingly prioritizing secure networks, and Core stands out as one of the most secure options. By leveraging the proven security of Bitcoin, Core provides a high level of protection and ensures the integrity of transactions.
The price of CORE is $1.57, and the project is 3X up from its all-time low price seven months ago.
Conclusion
The crypto bull market looks to ramp up soon, with some of the best performers in your portfolio likely to be low-cap cryptocurrencies that are at there bottom. This list identifies promising cryptocurrencies to invest in, characterized by solid fundamentals and low market caps.
The post 3 Low Cap Crypto To Buy Now Turning $2,000 Portfolio Into $200,000 appeared first on CoinGape.
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