Small-cap cryptocurrencies have a market capitalization of less than $ 1 billion and are most susceptible to dramatic fluctuations due to market sentiment. With the recent decline in Bitcoin (BTC / USD), many small-cap cryptocurrencies have fallen over 50% from their highs. Investors are now looking for the opportunity to buy cryptos at huge discounts. Investors are now trying to take the opportunity and buy cryptocurrencies at large discounts. Many investors are looking for promising tokenomics with confident teams to find undervalued projects. Such projects can generate huge returns. However, investors need to be careful and not buy a large proportion of their portfolio with small-cap cryptocurrencies, as these are extremely volatile.
Here are three small-cap cryptocurrencies that could have a bright future:
Ampleforth (AMPL)
Ampleforth is a unique cryptocurrency with a variable coin offering that changes daily. It adapts the number of coins to demand, with the circulating supply of coins being algorithmically modified. If the demand for fiat money is too strong, more money has to be spent. AMPL has formed a symmetrical triangle and a breakout could be seen soon that could push AMPL to new highs.
2. NFTB (NFTB/USD)
The NFTB token is used to facilitate governance of the NFTB platform and increase engagement from creators as well as buyers and sellers. The NFTB token metrics are structured to capture network participants who share our vision for the long-term success of the project. NFTB is down over 50% from its highs, so it looks undervalued to investors. In addition, NFTB could soon start raising its price again with the start of the buyback program in December.
3. Meter (MTRG/USD)
Meter is the high-performance infrastructure that enables smart contracts to scale and travel seamlessly through heterogeneous blockchain networks. Meter is highly decentralized, extremely fast and scalable and can process thousands of transactions per second. After falling by over 50%, it looks severely undervalued at current price and could soon regain value.
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