Best Low Market Cap Cryptocurrencies in 2018: An Insight into the World of Crypto
Introduction
The cryptocurrency market has continued to grow in popularity and has attracted numerous investors looking to invest in digital assets. In 2018, many low market cap cryptocurrencies showed great potential and delivered impressive returns for early investors. This article will explore the best low market cap cryptocurrencies in 2018, providing an insight into the world of crypto and the opportunities it presents.
What is a Low Market Cap Cryptocurrency?
Market capitalization is a measure of the total value of a company's outstanding shares. In the cryptocurrency world, it represents the total value of all coins or tokens in circulation. A low market cap cryptocurrency means that the total value of the coins or tokens circulating in the market is relatively small, often indicating that the asset is in its early stages and has significant potential for growth.
Best Low Market Cap Cryptocurrencies in 2018
1. Ethereum Classic (ETC)
Ethereum Classic was created after a hard fork from the original Ethereum blockchain. It has a small market cap but has shown significant growth potential. ETC's smart contract capabilities and its use as a platform for decentralized applications have attracted investors looking for early-stage opportunities.
2. Binance Coin (BNB)
Binance Coin is the utility token of the Binance exchange, one of the largest cryptocurrency exchanges in the world. BNB offers discounted trading fees on the Binance platform and has shown significant growth since its launch. Its low market cap indicates that it still has significant potential for growth.
3. Monero (XMR)
Monero is a privacy-focused cryptocurrency that offers complete anonymity and untraceability. Its focus on privacy makes it an attractive option for investors looking to invest in a low market cap cryptocurrency with a strong community and growing adoption.
4. Dash (DASH)
Dash is a decentralized digital cash system that offers instant transactions and enhanced privacy features. It has a low market cap but has shown significant growth potential, attracting investors looking for early-stage opportunities in the digital currency space.
5. NEO (NEO)
NEO is a smart economy platform designed to support digital assets and smart contracts. It has a low market cap but has shown significant growth potential, making it an attractive option for investors looking to invest in a cryptocurrency with strong fundamentals and a bright future.
Conclusion
The cryptocurrency market presents numerous opportunities for investors looking to invest in digital assets. In 2018, many low market cap cryptocurrencies showed great potential and delivered impressive returns for early investors. The above-mentioned cryptocurrencies are some of the best low market cap cryptocurrencies in 2018 and are worth considering for investors looking to invest in the crypto space. However, it's important to note that investing in cryptocurrencies involves risks, and investors should conduct thorough research before making any investment decisions.