5 Best Low Supply Cryptocurrency Projects to Invest in

The supply of cryptocurrencies is one of the key factors that investors assess before settling on a coin. The supply can have a notable impact on the price of the asset. When the supply is too high, the price tends to be low, and when the supply is low or deflationary, the price of a crypto asset tends to have more potential for price gains.

Below are some of the best low supply cryptocurrency projects to invest in:

Tamadoge (TAMA)

Tamadoge is one of the newest meme coins in the market. However, it has distinct attributes that differentiate it from the other meme coins in the market. One of the main features of most meme coins is the vast supply that results in generally low prices.

However, Tamadoge is coming in with a different aspect by bringing a low supply to the meme coin space. Tamadoge’s maximum supply is 2 billion coins, which is lower than most of the other meme coins that have quadrillion coins in supply.

Besides the low supply, Tamadoge also comes with utility by being a crypto games ecosystem. Tamadoge allows players to mint, breed, battle with their Tamadoge pets, and earn rewards. These unique features of TAMA make it evident that it will witness high demand as the presale continues.

Battle Infinity (IBAT)

The other low supply cryptocurrency that you should also consider investing in is Battle Infinity. The Battle Infinity team says there will only be 10 billion coins, and part of these has already been sold in the presale. IBAT is set to list on PancakeSwap on August 17.

Moreover, Battle Infinity has a strong roadmap that could see early investors make strong returns. The Battle Infinity ecosystem includes a play-to-earn platform where users can access multiple games. The team also plans to venture into decentralized finance with the launch of Battle Swap.

Bitcoin (BTC)

One of the cryptocurrencies you should invest in if you are looking at the supply dynamics is Bitcoin. Bitcoin has a capped supply of 21 million coins. These are the only coins that will ever exist. Therefore, as demand grows, so will the price because supply will remain constant.

Bitcoin, the largest cryptocurrency by market, cemented its utility as an asset that can be used as a means of payment. Additionally, Bitcoin is gaining increased institutional adoption, which is a positive sign for its long-term price.

Avalanche (AVAX)

The other best low supply cryptocurrency you should also consider investing in is Avalanche (AVAX). Avalanche is gaining adoption from decentralized applications (DApps) that want to leverage the low fees and high speeds offered by the network

AVAX has a maximum supply of 720 million coins, according to CoinGecko, and more than half of these coins are already in supply. Given the low supply and growing utility, AVAX could be one of the top gainers in the future.

Polygon (MATIC)

The other low supply cryptocurrency that you should also consider investing in is Polygon (MATIC). Polygon is an Ethereum layer two scaling networks. It boasts of high speeds and lower fees compared to layer one networks.

The maximum supply of MATOC tokens is 10 billion, and the circulating supply is less than 50%. Since launching, MATIC has been on a bull run because of the low supply and the utility offered to token holders.

Related

• Best DeFi Coins to Buy (2022 Top 10 List)
• Best Altcoins to Buy Right Now in August 2022
• Best Altcoins to Buy on Low Prices