Top 10 Crypto Projects Under $300 Million Market Cap | Potential for Growth?

The problem with investing in larger projects like Ethereum or Bitcoin is how much room the project has left for growth.

Unlike crypto projects that have smaller market frontiers, both Ethereum and Bitcoin are already huge crypto projects, which leaves them with little room for growth.

Projects less than $300 million in market value

However, projects with a market value of less than $300 million have a chance of scaling up due to their small market capitalization. This means that with just a few million (tens or hundreds), projects can still double, triple or triple in value.

According to a tweet by I GCryptoThere are 10 different projects seen as potentially scaling up due to their use cases, community, and overall contribution to the blockchain. In fact, some of these projects like MDEX have already been around for quite some time. In the meantime, I just started other projects on this list.

Here are the top 10 crypto projects with a market capitalization of less than $300 million:

injection protocol

  • Cryptocurrency bar: INJ

  • Market value: 298 million US dollars

  • Trading value: 22 million

  • 30-day price change: 25 percent negative

Anyswap

  • Any Cryptocurrency Indicator

  • Market value: 295 million US dollars

  • Trading value: 7.2 million US dollars

  • 30-day price change: negative 3.3 percent

Akash

  • Cryptocurrency bar: AKT

  • Market value: 286 million US dollars

  • Trading value: 3.4 million US dollars

  • 30-day price change: 38 percent positive

Criticize

  • Cryptocurrency Index: SXP

  • Market value: $284 million

  • Trading value: 92 million US dollars

  • 30-day price change: 5.6 percent negative

Aragon

  • Cryptocurrency bar: ANT

  • Market value: 279 million US dollars

  • Turnover: 90 million

  • Price change for 30 days: Positive 72 percent

kotie

  • COTI Cryptocurrency Index

  • Market value: 272 million US dollars

  • Trading value: 24 million US dollars

  • 30-day price change: 1.5 percent negative

Kartesi

  • CTSI Cryptocurrency Index

  • Market value: 271 million US dollars

  • Trading value: 18 million US dollars

  • 30-day price change: minus 22 percent

Super Pharm

  • Cryptocurrency bar: SUPER

  • Market value: 267 million US dollars

  • Trading value: 17 million US dollars

  • 30-day price change: minus 24 percent

Mdex

  • Cryptocurrency bar: MDX

  • Market value: 255 million US dollars

  • Trading value: 7.5 million US dollars

  • 30-day price change: negative 26 percent

Economics

  • Cryptocurrency bar: BICO

  • Market value: 252 million US dollars

  • Trading value: 37 million US dollars

  • 30-day price change: minus 37 percent

Read also: Top 10 Cryptocurrency Lending Platforms Based on TVL | DeFi investments stable?

Smaller capital means higher risk

With each smaller project, the stakes are usually much greater for investors. Usually, smaller market capitalization is equal to having smaller investors in the project. For this reason, there may be an increased risk of the project not performing well or even complete failure.

In general, small projects have higher risks as compared to larger projects due to the fact that funding can easily come out of the project at any time. It is important, however, for DYOR to search for coins on certain platforms such as CoinGecko to check whether or not there are actual crypto investors or hedges who believe in the project.

Related articles: Polygon Provides Update and POS Recommendations | MATIC’s gas fee remains low at $0.1-0.5

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Written by Orian B.

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