April Showers Bitcoin Away? Big Low Cap Cryptocurrency Returns With Big Eyes Coin
Joy to the world, the happiest of seasons is upon us, it’s crypto low caps season. Many if not most “experts” will advise you to invest in Bitcoin (BTC) and Ethereum (ETH). The question is, will that advice lead to profit? BTC is the original cryptocurrency, ETH and all other cryptocurrencies are described with the term altcoin.
The problem with investing in BTC is that it requires a lot of liquidity that many new and even some of the most experienced investors do not have. BTC is expensive and so are most altcoins that have meaningful value. However, this should not be a reason to frown, be happy as alt season seems to be here.
Crypto Low Caps in a flash
Cryptocurrencies come in all shapes and sizes, but the most lucrative are those with low values. What are lower case letters you ask? Low-cap cryptos are cryptocurrencies that have a small market capitalization typically below $1 billion. This means that the crypto has a lower total value or fewer tokens in circulation.
As mentioned, cryptos come in all shapes and sizes and can be found across a variety of blockchain networks that include Ethereum, Binance Smart Chain, Solana, and others. Another smaller category of crypto exists and is known as micro caps. Micro-cap cryptos are cryptocurrencies that have a smaller market cap of $300 million, which most of the time is actually under $10 million.
The logic behind investing in both low and micro caps is the opportunity to minimize the risk factor due to low or limited valuation. This also enables you to purchase a larger amount of the crypto which in turn allows you to potentially get a greater return on your investment. The more you own a unit, the more you will earn in profit as its value increases over time.
However, you want to be very careful with microcaps cryptocurrencies as most of the time they are newly launched and have low trading volumes. Most investors will forgo investing in micro-caps as they are highly speculative even though they are considered risky due to their limited history. This translates into high volatility in pricing which is sensitive and dictated by market manipulation.
Best Low-Cap Options
The best low-cap cryptocurrencies for the alt season 2023 are the ones that have a large community following them. The community can be evaluated by the online activity from the crypto’s various social media channels which can include Telegram, Discord and Twitter and can usually be found through their websites.
Some may point you towards Audius (AUDIO) or Serum (SRM) as investment options, or even other more established altcoins. I, on the other hand, will instead point you in the direction of soon-to-be-released altcoins that are in a pre-sale state, such as Big Eyes Coin (BIG).
BIG has managed to secure over $33 million in funding and has a large following on the Telegram channel. There are other options available when it comes to choosing an altcoin or meme coin to invest, but as mentioned, BIG has a dedicated community and has managed to raise a large amount of money in the pre-sale stage in a very short time.
Some may see that investing in unreleased crypto can be a risky investment since it has no transaction history, but any investment in crypto can be risky anyway. The reason behind Dogecoin’s (DOGE) success has been the community, which is why choosing an altcoin with great community support is very important to succeed as a crypto investor.
Big Eyes Coin (BIG)
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