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3 Small-Cap Cryptos to Buy Now, Turning a $2,000 Portfolio into $20,000
For investors looking to grow their portfolio, a low-cap coin is the best crypto to buy. Just like in the real world it is easier to move lighter objects than heavier objects, the same principle applies in the crypto market. Small-cap crypto assets require less trading volume to experience price movements than their larger-cap counterparts.
In this article, you’ll explore three small-cap cryptocurrencies to buy with the potential to skyrocket to a $2,000 portfolio, times $100-$200,000 by December. Investors should conduct 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 allows developers to create interoperable networks, independent of virtual machines. These chains provide unlimited horizontal scalability and reflect the robustness of the Saga mainnet. By leveraging this platform, Saga facilitates the creation of specialized channels for games, metaverses and various entertainment applications.
Currently, there are over 350 projects in development on the main Saga channel, with gaming projects accounting for 80% of these initiatives. The remaining 20% covers DeFi, NFT and other entertainment sectors. In 2022, the blockchain gaming industry was valued at $122 billion, and is expected to reach $614 billion by 2030. Saga is strategically positioned in this booming market with its fast and infinitely scalable blockchain solution.
The Saga blockchain’s native coin, SAGA, costs around $1.94, with a market cap of $181 million. The daily trading volume of this cryptocurrency jumped 22%, reflecting growing investor interest. 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 an attractive investment opportunity enhanced by its robust fundamentals.
2. Parcel (PRCL)
Parcl is a decentralized exchange (DEX) designed exclusively to trade real-world tokenized assets (RWA), with a particular focus 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 purposes.
The global real estate market is valued at $637 trillion, while the tokenized real estate market currently stands at $3.8 billion in 2024. Analysts predict that by 2030, this figure could reach $16 trillion. dollars. This will still only represent a fraction of the overall global real estate market.
PRCL price is currently trading around $0.33, with a market cap of around $40 million. Parcl DEX runs on the Solana blockchain, renowned for its speed and scalability, backed by robust performance metrics. In May, Solana saw the launch of over half a million new tokens without experiencing network outages or significant fee increases, as reported by The Block.
PRCL’s 24-hour trading volume increased by 2.4%, indicating growing investor interest. Additionally, PRCL price is up only 7.22% from its recent all-time low two months ago, making it one of the best cryptocurrencies to invest in before the bull run.
3. Core (core)
Heart is a layer 1 blockchain that aims to complement the capabilities of Bitcoin. The network provides 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 guarantees the integrity of transactions.
The price of HEART is $1.57, and the project is 3 times higher than its all-time low price seven months ago.
Conclusion
The cryptocurrency bull market is expected to intensify soon, with some of the best performers in your portfolio likely being small-cap cryptocurrencies that are on the lower end of the spectrum. This list identifies promising cryptocurrencies to invest in, characterized by strong fundamentals and low market capitalizations.
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