No gamble, no future.
Well, this article isn’t literally about gambling, but it is about taking risks. So strap up and let me act as your guide through the unpredictable landscape of sub-$10 million market cap altcoins.
Investing in cryptocurrencies carries inherent risk, so there’s always a likelihood your investment is reduced to a worth no more than a McDonald’s double cheeseburger or less. Diversifying your portfolio, cost-averaging, and sticking with core dominant market actors is a good way to skirt the most volatile of swings.
However, if you have a little gamble in you and are comfortable setting aside a specified (and written off) amount of your investment for undiscovered projects, small market cap projects can add unprecedented value to your portfolio. Just make sure you’re prepared to absorb any of the potential losses that may be incurred in such a volatile market. And, it bears repeating—never invest more than you’re willing to lose.
Keeping up with our past articles analyzing small cap coins and their project merits, we’re tackling 4 more projects that boast even lower market caps—this time in the sub-$10 million range.
Remember, when investing in cryptocurrencies and blockchain projects, it’s imperative you do your own research. Take this article as an introduction to four coins and projects we think have sound teams, fundamentals, and a chance to overhaul our traditional (and ineffective) present day institutions and processes.
Now, let’s get to it. Below are 4 sub-$10 million market cap coins worth keeping an eye on.
This article should not be taken as investment advice and the below projects and coins are not ranked in any particular order.1. Spectrecoin ($XSPEC) – $8.6 Million What is Spectrecoin?
Utilizing a “range of proven cryptographic techniques” to achieve anonymous, untraceable, and un-linkable transactions, Spectrecoin is a secure Proof-of-Stake cryptocurrency e...