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Samuel is an experienced copywriter and editor, working as Head of Content at a UK-based digital marketing agency. Since completing his Creative Writing degree in 2021, Samuel has produced educational content and marketing copy for some of the world's largest centralized exchanges and Web3 projects. Outside of work, Samuel is heavily invested in the cryptocurrency space, including as an early investor in several DeFi companies.
Ruby is a seasoned Editor with 5 years of experience working in the cryptocurrency space. She currently works as a Crypto Content Editor for BanklessTimes with a focus on creating informative content that helps our readers navigate cryptocurrency with confidence. Ruby discovered crypto whilst working as a freelance writer at University. She has been passionate about shedding light on crypto and DeFi through valuable content ever since. Before joining the team at BanklessTimes, Ruby worked on a number of established finance sites including The Motley Fool, TradingPlatforms.com, StockApps, ICOBench, and MoneyMagpie.com.
Ruby is a seasoned Editor with 5 years of experience working in the cryptocurrency space. She currently works as a Crypto Content Editor for BanklessTimes with a focus on creating informative content that helps our readers navigate cryptocurrency with confidence. Ruby discovered crypto whilst working as a freelance writer at University. She has been passionate about shedding light on crypto and DeFi through valuable content ever since. Before joining the team at BanklessTimes, Ruby worked on a number of established finance sites including The Motley Fool, TradingPlatforms.com, StockApps, ICOBench, and MoneyMagpie.com.
Low cap cryptocurrencies are crypto projects with a market cap below $1 billion. These projects provide risk-tolerant investors with an opportunity to get involved with projects while the price of tokens is low. Yes, they come with greater risk and typically have higher volatility, but the potential returns are usually much higher than you might expect from large-cap cryptocurrencies.
Below, I break down exactly what the term “low-cap crypto” means and talk about some low-cap crypto gems that might be worth investing in.
A Closer Look At The Best Low Cap Cryptos to Buy in 2024
Here is a bit more detail about the top low market cap crypto projects to consider in 2024.
1. iDEGEN
iDEGEN is a relatively new cryptocurrency project and one of the best crypto presales to buy in 2024. iDEGEN is an artificial intelligence (AI) designed to be shaped by “the collective consciousness of crypto degenerates” through a Twitter (X) account.
This AI bot posts on X once every hour and then learns from any replies, comments and interactions on that post. The future of the iDEGEN project is entirely reliant on artificial intelligence, which could follow one of a number of potential evolutionary paths.
iDEGEN uses the $IDGN cryptocurrency, one of the best low-cap crypto tokens built on the Solana blockchain. There is a total supply of 11,111,111,111 $IDGN tokens, launched using an adaptive auction mechanism, with the price of crypto presale tokens changing every five minutes depending on demand.
You can buy iDEGEN through the official pre-market sale website. Exchange listings are set to occur on the 1st of January which leaves only a few weeks to get involved with the presale.
Vantard is a Meme Index Fund, designed to mimic the way in which investment management firm Vanguard works. Vantard operates a bespoke portfolio of the best meme coins, allowing investors to buy shares in the Vantard Meme Portfolio (VMP) and gain exposure to almost 20 different meme coins with a single investment.
Vantard purchases (and regularly swaps out) meme coins that fall under one of the following categories: Bluchip, Trench Gems and 1000x Vaporware.
Vantard uses $VTARD, a low cap crypto token that operates both as a standalone investment, whilst also being able to be traded for any underlying holdings within the portfolio. By purchasing $VTARD, investors are automatically exposed to the VMP, with the $VTARD price reflecting the portfolio’s overall gains.
Dogizen is a dog-themed social gaming experience, designed to make Web3 accessible to more than 900 million Telegram users. Dogizen offers an open-source software development kit (SDK) to developers, allowing them to create their own Telegram gaming experiences.
Dogizen MVP is a tap-to-earn game with more than 1 million users. It’s the first game in the Dogizen library, which will continue to expand, with the Dogizen team hoping to create a user-first ads platform that allows players to earn revenue from engaging with brands.
The Dogizen Launchpad is used to make it easy for developers to launch Telegram games and expand the Dogizen Universe.
The DOGIZ token is a utility token tied to rewards and community participation. There is a total supply of 1 trillion DOGIZ tokens.
These are some of the best low-cap crypto gems available to investors, but there are a huge number of other promising low cap altcoins worth keeping an eye on.
1. Flux (FLUX)
Flux is a decentralized cloud computing protocol that uses the FluxCloud to allow users to build flexible, scalable and censorship-resistant decentralized applications.
Flux runs a range of different products, including:
Run WordPress – Run a WordPress site in a decentralized manner
Flux Drive – Store files using the FluxCloud
Flux Marketplace – Transact on a permissionless, self-executing marketplace
Run Droplet – Secure technology that allows developers to deploy dApps
Flux uses FLUX, a multi-chain cryptocurrency that can be used across different blockchains to access various DeFi products. FLUX powers the Flux ecosystem – it’s used to purchase resources, run nodes and fuel transactions. It’s also used to reward miners and node operators. There is a total supply of 440 million FLUX tokens.
2. StormX (STMX)
StormX is an app and Chrome extension that allows users to earn cryptocurrency by shopping, completing tasks or staking $STMX, the project’s native utility token. StormX enables users to earn “Crypto Cashback” when shopping at their favourite retailers.
Users simply need to download the StormX app or browser extension, visit more than 1000 retailers and checkout as normal. They can then earn between 0.5% and more than 87.5% cashback, depending on their StormX Reward level.
The total supply of $STMX is $10 billion tokens. StormX is built on Ethereum, and so $STMX is an ERC-20 token. It’s one of the best low cap crypto tokens available, providing potential users with a simple gateway into crypto.
3. Gods Unchained (GODS)
Gods Unchained is a trading card game that utilizes non-fungible tokens. Players can master six different domains and there are more than 1,800 cards available. To win, players will need to create decks of cards and defeat opponents.
There are a number of expansions available, including:
Trial of Gods
Divine Order
Mortal Judgement
Light’s Verdict
Winter Wanderlands
Band of the Wolf
The Gods Unchained ecosystem is powered by the $GODS token, which has a total supply of 500 million tokens. $GODS is the project’s native ERC-20 token, which can be used to craft NFTs, buy packs in the Gods Unchained Marketplace, and earn rewards by holding the tokens in Immutable X.
$GODS also allows players to vote in governance decisions that will influence the game’s future direction.
4. LooksRare (LOOKS)
LooksRare is a community-first marketplace that allows users to buy and sell NFTs. LooksRare is linked to all major marketplaces, allowing users to access a huge range of non-fungible tokens. It’s also possible to host raffles for your NFTs, rather than simply selling them at a set price.
Users can also play games on the LooksRare platform and earn rewards for doing so. All fees created by the project are used as rewards to encourage active participation on the protocol.
LOOKS is the native low cap crypto token of the LooksRare protocol. It’s an ERC-20 token with a total supply of 1 billion LOOKS tokens. LooksRare has partnered with YOLO Games, a platform built on the Blast Network, and so participants can stake LOOKS and earn YOLO Shards, which can be cashed in for $YOLO tokens.
5. Verasity (VRA)
Verasity is an open ledger ecosystem that aims to bring transparency to digital advertising and payments. It utilizes VeraWallet and VeraViews:
VeraWallet – an easy-to-use, insured wallet for storing crypto assets
VeraViews – an open ledger advertising ecosystem built around Proof of View (PoV) technology
VeraViews aims to prevent ad fraud by providing a transparent auditable advertising ecosystem. It also enables instant data sharing between publishers and advertisers, reducing payment times. VeraViews uses patented Proof of View fraud identification technology to eliminate fraud.
Verasity is powered by the $VRA token, an ERC-777 token with a total supply of 110,356,466,695 tokens. $VRA is a utility token that acts as both a data transfer mechanism and as a payment option for crediting advertising campaigns.
6. MetaHero (HERO)
MetaHero is a metaverse project that allows users to be scanned into the digital world. Users visit a real-world location (including Zurich, London and Tokyo) and are scanned by a MetaHero scanning device.
MetaHero has uses within:
eCommerce – Users can try on clothes from their favourite brands before purchasing
Gaming – Players can “enter” metaverse games as themselves
Healthcare – Users can access personalized healthcare
MetaHero uses the HERO token, a BEP-20 token built on the BNB blockchain. HERO can be earned as a form of payment, and can also be used to vote on platform decisions, access exclusive content and allow holders to participate in revenue sharing. There is a total supply of 10 billion HERO tokens.
7. Crust Network (CRU)
Crust Network is a Layer 1 blockchain that provides developers, builders and end-users with cloud storage solutions. It uses a global network of nodes to ensure decentralization and to increase storage resources.
Crust Network is a trustless protocol that has guaranteed storage, cross-chain interoperability and an on-chain storage market.
In terms of additional use cases, Crust Network enables:
dApp/Website Hosting – Host front-end websites and apps with no single point-of-failure
Public File Storage – Accessible, secure storage solutions for public data
Decentralized Social – Providing users with complete control over their data
Crust Network operates using the CRU token, an ERC-20 token with a total supply of 20 million tokens. CRU is one of the best low cap crypto tokens. It can be used for staking, as transaction fees across the network, for purchasing resources services, and for on-chain governance.
What is a Low Cap Crypto?
A low cap cryptocurrency is a cryptocurrency with a low market capitalization. Market capitalization (or “market cap”) indicates the overall market value of a particular cryptocurrency, and is calculated by multiplying the current price of a crypto coin or token by the total number of tokens in circulation.
For example, if you were looking at an altcoin worth $10 per token, and this cryptocurrency had a circulating supply of 15 million tokens, the total market cap of that crypto asset would be $150 million.
So, with that in mind, a low-cap cryptocurrency is one whose market cap is low. Typically, cryptocurrencies are split into the following categories:
Large Cap Cryptocurrencies
Mid Cap Cryptocurrencies
Small Cap Cryptocurrencies
Micro Cap Cryptocurrencies
What crypto market capitalization is defined as ‘low cap’?
There is no set definition of what makes a cryptocurrency a “low cap crypto”. However, there are widely agreed parameters that can be used to distinguish a low cap cryptocurrency from a large cap cryptocurrency.
Large Cap Cryptocurrencies – Those with a market cap over $10 billion
Mid Cap Cryptocurrencies – Those with a market cap between $1 billion and $10 billion
Small (Low) Cap Cryptocurrencies – Those with a market cap under $1 billion
Micro Cap Cryptocurrencies – Those with a market cap under $100 million
Therefore, you can usually assume that a cryptocurrency with a market capitalization between $100 million and $1 billion is a low cap cryptocurrency.
Are Low Cap Cryptos a Good Investment?
Low market cap crypto tokens definitely have the potential to be good investments, although they usually have a higher risk return than cryptocurrencies with a higher market capitalization.
Low cap cryptos have growth potential
Low cap cryptos have good growth potential, especially compared to established cryptocurrencies with a large market cap. For example, if Solana has a market cap of $100 billion, for it to reach a market capitalization of $500 billion, the price of 1 SOL token would need to increase by 5x (assuming Solana’s circulating supply didn’t change).
However, a low cap crypto with a market capitalization of $500 million would see a 1000x increase if it reached the same theoretical market cap (again, assuming no changes to this token’s circulating supply).
Although this exact scenario is unlikely, it does demonstrate the potential for growth that low cap cryptocurrencies have.
Low cap coins come with a low barrier to entry
Often – although this is not always the case – low cap cryptocurrencies will have a lower price per token. This can make it easier for investors to accumulate a more significant number of tokens at a lower cost.
How to Buy Low Cap Cryptos
Once you have found a promising low cap crypto, it’s helpful to know how to buy it.
Here is an overview of how to buy low cap crypto from an exchange or presale website.
Step 1: Conduct research
First, conduct significant research into any potential low cap crypto projects. Make sure you understand what the team is trying to achieve – this fundamental analysis can help you to understand the project’s long-term prospects. If the project has real utility, it is more likely (although not guaranteed) to see mainstream adoption.
Check out the team behind the project. Have the real identities of this team been revealed? If so, is the team made up of experienced individuals with a proven track record?
Make sure you take a look at public forums or social media accounts to see what other people are saying about the project before you commit real-funds to any trades.
Step 2: Create and fund a crypto wallet
Create a cryptocurrency wallet. Make sure you know how you’re going to buy any low cap cryptos before creating your wallet. Which cryptocurrency do you need to purchase your chosen cryptocurrency? If you need Ethereum, for example, you’ll want to set up an Ethereum-compatible wallet such as MetaMask.
To create a wallet, you’ll need to download an app or browser extension. Creating a cryptocurrency wallet is incredibly straightforward – once you’ve downloaded it, you’ll just need to follow the relevant steps and note down your 12/24-word seed phrase. Remember that this is usually not recoverable, so write it down and store it somewhere offline, ideally.
Once you’ve created a wallet, you’ll need to fund it. You can sometimes do this through the wallet directly, but the easiest way is typically by using a centralized exchange. Create an account on your chosen exchange and then purchase the cryptocurrency that you’re going to use to buy your low cap cryptocurrency.
After you’ve bought the relevant cryptocurrency, you’ll need to transfer it to your new wallet by copying down your wallet’s address and using the exchange’s “Send” function.
Step 3: Connect your wallet to the relevant exchange or presale platform
If you’re buying a low cap crypto token, it’s unlikely that it will be available on all major centralized exchanges.
Instead, you’ll typically need to buy it through a decentralized exchange or presale platform.
To do this, you’ll need to connect your wallet to the relevant platform. This is usually fairly straightforward, but will require you to sign and confirm that you’re the owner of the wallet and that you’re happy to connect to the platform in question.
Step 4: Buy low-cap coins
Buy your low market cap crypto by swapping the cryptocurrency that you’ve bought previously. On a decentralized exchange or presale platform, you’ll need to choose how much of the low cap crypto you’re interested in buying.
Make sure you keep an eye on any fees that might occur during the transaction, and follow any steps to complete the purchase. Don’t worry, because you’ve already connected your wallet to the platform, any tokens will automatically be sent to your wallet – they might just take a short period of time to arrive.
How to Minimize Risk When Buying Low Market Cap Cryptocurrencies
Even the best low cap crypto gems come with risks. After all, they’re cryptocurrencies – which are already volatile – with lower trading volumes. This can make them susceptible to significant price movements in both directions.
Diversify your investments
First and foremost, you should always diversify your investments. It’s usually best practice to only allocate a percentage of your capital to crypto specifically – this way you can reduce your risk profile by investing in “safer” investments.
Also, within the crypto market specifically, you should make sure that you’re investing in a range of different projects – think AI, Web3 gaming, utility, etc. – across a range of market caps. Yes, cryptocurrencies with a lower market cap might provide the potential for greater returns, but more established crypto projects are typically more likely to survive over the long run.
There are a number of different investment strategies, but some investors will split their crypto holdings into the following:
Large Cap Cryptocurrencies – 50% of a portfolio
Mid Cap Cryptocurrencies – 30% of a portfolio
Small Cap Cryptocurrencies – 20% of a portfolio
Conduct thorough research
Always conduct thorough research before investing in a low cap crypto project. You should understand the fundamentals of the project in question – including vision, long-term prospects, tokenomics, etc. – and make sure you know who the team is behind the protocol.
Don’t invest more than you can afford to lose
You should never invest more than you can afford to lose. Crypto is always a risky investment, and this is especially the case when looking at low cap cryptocurrencies.
Only allocate a small percentage of your capital to crypto, and make sure that you’re never putting more money into a single investment that you’re comfortable losing.
In general, the best rule of thumb is as follows: if you’d be in financial trouble if your investment fell to zero, you’re probably investing too much money.
Final Thoughts
Low cap crypto tokens are some of the most highly sought after by investors. Not only do they provide a greater growth potential than more established, large cap cryptocurrencies, they can also allow you to get into a project early and support the team behind it.
However, low cap crypto investments are some of the most risky in what is already a risky asset class, so always invest sensibly and do your research before committing real-money to a trade.
If you’re looking for the next low cap crypto gem to explode, top projects to watch include iDEGEN, Vantard and Dogizen. You can buy these tokens by visiting the official project websites and swapping crypto coins for the low cap tokens.
There are a range of different cryptocurrencies with a low market capitalization. Any projects that have a market cap of less than $1 billion can typically be considered low market cap cryptocurrencies. At the time of writing (November 2024), this includes iDEGEN ($IDGN), Vantard ($VTARD) and Dogizen (DOGIZ).
Which coin will give 1000x?
There is no guarantee that any coin will provide investors with 1000x returns. In fact, although cryptocurrency is a very volatile industry, it’s unlikely that any crypto will provide you with these returns. However, if a cryptocurrency was going to provide significant returns, it’s more likely to be a low cap crypto than a large cap crypto.
Is it good to invest in low market cap crypto?
It can be a good idea to invest in low market cap cryptocurrencies, but investors should understand the risks attached to them. Best practice is usually to invest in a number of cryptocurrencies with different market capitalizations in order to spread risk. Low market cap cryptocurrencies do have potential to see significant returns but they have just as much likelihood of losing money.
Where can I find good low cap cryptos?
It’s possible to find good low cap cryptocurrencies on sites such as CoinMarketCap, which lists all of the top crypto projects in order of market cap size. Alternatively, use social media platforms such as Twitter (X) to see what low cap crypto projects people are talking about.
Samuel is an experienced copywriter and editor, working as Head of Content at a UK-based digital marketing agency. Since completing his Creative Writing degree in 2021, Samuel has produced educational content and marketing copy for some of the world's largest centralized exchanges and Web3 projects. Outside of work, Samuel is heavily invested in the cryptocurrency space, including as an early investor in several DeFi companies.
Samuel is an experienced copywriter and editor, working as Head of Content at a UK-based digital marketing agency. Since completing his Creative Writing degree in 2021, Samuel has produced educational content and marketing copy for some of the world's largest centralized exchanges and Web3 projects. Outside of work, Samuel is heavily invested in the cryptocurrency space, including as an early investor in several DeFi companies.