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Over the course of the last several years, there has been an expansion in the cryptocurrency market. Discovering the most promising low-cap crypto coins and investing in them before they see a price surge has become a lucrative business strategy for many investors.
If you’re wondering which of these low-cap coins you should invest in, we’ve already done the homework for you in this article and will take you through the 5 best low-cap coins you will regret not investing in 2024.
5 Best Low-cap Coins To Invest in 2024
1. Battle Infinity (IBAT)
On the top of this list is Battle Infinity, especially if you’re interested in a low-cap cryptocurrency with a lot of potential. This is the best time to invest in Battle Infinity.
This brand-new and fascinating sports Metaverse game platform offers its own token, known as IBAT, in addition to the Battle Infinity NFTs.
The project is presently in the presale stage, which means that now is the greatest moment to invest at a cheap price and potentially enjoy the advantages of big profits when it goes online. Currently, the project is in the presale stage.
Battle Infinity includes a seemingly endless number of features. The platform gives you the ability to create an avatar and engage in conversation with other users and the expansive Metaverse environment they inhabit.
This virtual world is based on the IBAT token, which can be obtained as a reward for doing things like participating in the Battle Infinity fantasy sports league or by betting on the outcome of a match. Staking is another way to get IBAT tokens.
You can also win IBAT tokens by participating in one of the many exciting player-versus-player games that are offered in the Battle Store.
There are also NFTs that are used to represent the players in fantasy sports leagues; the value of these NFTs can rise and decrease inside the Metaverse based on how well the players perform in their respective roles.
Battle Infinity has undergone the Know Your Customer (KYC) verification process by CoinSniper, and the platform itself has been audited by SolidProof.io, indicating that it is a genuine platform with a clean history.
The presale stage is currently in full swing. You may buy IBAT using BNB, and you will get approximately 166,666.66 IBAT for each BNB that you spend.
If you want a piece of the action and don’t want to miss out on even a minute of the current updates, it’s best to join the Battle Infinity project’s Telegram group and stay abreast of the most recent information on the game and its development.
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2. Theta Fuel (TFUEL)
TFUEL is the currency of the Theta Protocol. The Theta protocol was introduced in 2017, and since then, it has been operating a network of computers with the goal of enhancing the quality of video streaming and making material available to users all over the world without imposing any limits.
By giving their spare bandwidth, Theta’s worldwide user base of users is given the ability to transmit video content. As a token of appreciation for their assistance, they will get TFUEL.
TFUEL is now trading at $0.1292, representing a loss of 2.86% in the previous twenty-four hours. The market capitalization of the digital asset, which is currently $689.55 million, has also decreased by 0.7% over the same time period.
The expansion of the Theta Network is contributing to an increase in the cost of TFUEL. A few weeks ago, Theta made the announcement that a worldwide blockchain infrastructure business called Bridge Tower Capital will be joining its network as an enterprise validator. Bridge Tower will join other firms on the network, such as Alphabet, Samsung, and Sony, in performing the role of a validator.
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3. DeFi Coin (DEFC)
DeFi Coin is another low-cap cryptocurrency that has been generating a lot of buzz over the past few weeks. DeFi Coin (DEFC) is the native currency of the exciting new decentralized exchange known as DeFi Swap. This exchange provides a variety of services to its users, including as token exchanging, staking, and yield farming, among other things.
The DeFi Swap exchange eventually went operational at the beginning of May, after experiencing a number of substantial delays over the course of the previous year. This development was welcomed with overwhelming praise from investors.
The introduction of DeFi Swap had a very favorable impact on the price of DeFi Coin, which increased by more than 180% in the span of just one day. It is easy to understand why DEFC’s value has increased considering the significant function it performs in the DeFi Swap ecosystem.
In addition, there was around $200 billion in total value locked (TVL) throughout the wider DeFi industry during the first quarter of 2022. This means that there is the potential for DEFC’s value to increase even higher as the weeks go by.
The novel method of taxation that DeFi Coin uses is one of the primary reasons why this cryptocurrency is receiving so much attention. A tax equal to 10% of the position’s value is imposed on the investor whenever they purchase or sell DEFC.
The other half of this money is sent out in the form of a ‘dividend payment’ to other DEFC token holders, providing them with the opportunity to generate an income stream without actively doing anything other than holding the token.
This transactional tax has the additional benefit of decreasing intraday price fluctuations, which in turn provides better portfolio stability for investors. Despite the fact that DEFC is already traded on PancakeSwap and Bitmart, the development team is already working at adding DEFC to more exchanges in order to increase liquidity and exert upward price pressure.
Before the price of the token takes off once more, now could be a great opportunity to buy in DEFC. If you want in on the action, join the DeFi Coin Telegram channel and stay updated on the latest happenings before investing.
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4. Compound (COMP)
One of the best bets in this list of low-cap high-potential coins currently available in the market includes another DeFi currency that is making headway, and that one is Compound’s COMP.
People are able to have access to available cash and make interest payments on their loans through the use of Compound, which is a prominent lending protocol in the DeFi ecosystem.
The governance of the protocol and the payment of liquidity awards may both be done with the COMP token. Just a few days ago, COMP’s price tumbled by 1.61%, bringing it to $104 per share prior to which COMP’s market value had increased by 0.83%, reaching $698 million.
In the market for digital currencies, the digital asset has already caused a stir. Since Compound is now one of the most successful lending protocols, the value of its token is very certain to rise whenever the market becomes bullish. The ongoing growth of COMP’s influence will only assist to assure that this will be the case.
The widely used retail investment platform Robinhood just included COMP, along with a number of other cryptocurrencies, to its list of available assets. The tens of millions of retail traders who use Robinhood are likely to increase their investments as a result of this development.
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5. Chiliz (CHZ)
Chiliz’s CHZ is one cryptocurrency that has investors quite enthusiastic, despite the fact that its market size is rather modest. Chiliz has identified a distinct value offer in the market and is concentrating all of its efforts on maximizing it.
Chiliz is a platform that was established in 2018 with the goal of assisting sports businesses in increasing the amount of fan interaction they receive via the usage of various collectibles and non-fungible tokens (NFTs).
Chiliz is an excellent doorway for any sports company that is considering into the Web3 market and wants to do so. Fans may make purchases of tokens representing their favorite teams and organizations using CHZ, which functions as a medium of trade.
The CHZ price currently sits at $0.1761, representing a loss of 3.28% a few days ago. The asset’s market value has decreased by 0.88% in the same time period, now being valued at $1.05 billion.
Since the debut of its layer-one blockchain platform a few weeks ago, the Chiliz ecosystem has been bustling with activity. Chiliz introduced its public Testnet for its layer-one blockchain platform for the sports and entertainment sectors in the month of March. This platform is known as Scoville.
With the help of the platform, companies will be able to develop goods based on the DeFi standard, mint NFTs and engagement tokens, create games, and develop applications designed to take use of the potential of Web3.
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