5 Low-Cap Altcoins Ready for Explosive Growth

*All of the following is only for informational purposes and not financial advice.

In the world of cryptocurrency, there are always new opportunities for investors to get involved. While Bitcoin and Ethereum get most of the attention, other altcoins have much higher potential for explosive growth than Bitcoin and Ethereum. Let’s explore five low-cap altcoins that have the potential to give much higher returns than some of the top large-cap cryptocurrencies. The altcoins discussed below have all shown signs of strength in the past and are continuing to make improvements despite the current bear market conditions.

The top five low-cap altcoins ready for explosive growth are Verasity, Fantom, Enjin, LCX, and Synthetix. They could easily see growth of at least 1,000% due to continuous project improvements, low market caps, and high social followings.

What Criteria Are Used to Determine Top Low-Cap Altcoins?

Although additional criteria may be used, the following are some of the most important criteria when determining if a cryptocurrency is worth investing in:

Does the altcoin have a use case? Does the cryptocurrency have a reason for existing? Many cryptocurrencies are created as “meme coins” or coins created as a joke. Some have done incredibly well for periods (e.g., Dogecoin and Shiba Inu), but ultimately, if a coin/token does not have a purpose, there is no foundation to hold it up during bad market conditions.
Does the altcoin have a working product or service? Does the cryptocurrency have an operational product, or is it being sold based on hope or an expectation that it will fulfill its projected purpose?
Does the altcoin have a clearly explained “roadmap”? A roadmap is a visual layout used to show the direction and goals of a specific product. Many altcoins have very vague roadmaps, while others have none.
Does the altcoin have an experienced development team? Experience is essential for altcoins to become successful long-term. Every project will face countless problems that must be overcome for continued growth. A team with a lot of experience will ensure the issues are fixed quickly and efficiently, with minimal downtime.
How large is the altcoin’s market cap? Market cap shows the total value of an altcoin. Altcoins with small market caps are riskier than those with large market caps because much less money is required to manipulate the altcoin’s total value. Generally, altcoins worth less than one billion dollars are considered low market cap. These altcoins are highly volatile, with large monetary swings to the upside and downside.
How are the altcoin’s tokenomics? Tokenomics combines “token” and “economics” and is used to describe the value of a cryptocurrency. Many factors are used: token supply, token circulation, incentives for token holders, and the project’s utility. Good tokenomics is imperative for cryptocurrency projects planning for long-term success. Successful investors need to evaluate an altcoin’s tokenomics before purchasing it.
Does the altcoin have a strong, active community? Altcoins with strong community support ensure that the altcoin will be around for a long time. The stronger the community, the more likely bugs in the core code will be found and fixed. If an altcoin has a strong community, it is much more likely to become successful. Lunarcrush.com is a good website to use to help determine the social engagement of cryptocurrencies. It collects social and market activity for thousands of cryptocurrencies and distills it into actionable intelligence.
Was an audit performed on the altcoin? Audits are essential because they help investors verify that the code for the cryptocurrency has not been tampered with or is vulnerable to future attacks. It is essential to look for an altcoin that has been audited by a reputable third-party company.
What does the altcoin’s technical analysis show? Technical analysis is an essential tool that can help investors understand whether or not a cryptocurrency is in a strong position to increase in value. Technical analysis will also help show how the altcoin is likely to behave in the near future. Trading indicators, such as the RSI, Slow Stochastic, and the MACD, help determine if a cryptocurrency is undervalued.

Top 5 Low-Cap Altcoins

The following is a list of altcoins that pass the criteria listed above. All of the altcoins used in this list have market caps with total values much lower than one billion dollars:

1. Verasity (VRA). Verasity was founded in 2017 by RJ Mark. Verasity is a blockchain-based video-sharing platform that provides an alternative to traditional advertising models. The project uses a proprietary Proof-of-View (PoV) protocol that verifies users actually view videos rather than just playing them in the background of their mobile devices. Verasity was designed to be used by both publishers and viewers. Verasity also has an Esports business and will be launching an NFT marketplace.

Does it have a use case: Yes. VRA is used in Verasity’s esports business and video viewing verification business.
Does it have a working product or service: Yes. Verasity’s products and services are working.
Is there a clearly explained road map: Yes.
Does it have an experienced development team: Yes.
How large is the market cap: $40,000,000.
How are the tokenomics: It has a circulating supply of 10,343,094,362 VRA coins and a max. supply of 110,356,466,695 VRA coins. Verasity is currently selling at $.00395 while its all-time high was $.086. Verasity would have to increase by 21.7x to return to the all-time high. The project has high utility, high staking rewards, and although it has a high token supply of 10 Billion, token burns continue to occur as adoption increases.
Does it have a strong, active community: Verasity has over 244,000 Twitter followers and is ranked 221 out of 3,899 altcoins on lunarcrush.com
Was an audit performed: Yes, successfully passed.
What does the technical analysis show: Verasity is undervalued on the weekly trading chart.

2. Fantom (FTM). Fantom was founded in 2018 by Michael Kong. Fantom is a blockchain-based cryptocurrency designed to address the needs of consumers and businesses alike. It has several features that make it ideal for both markets. For example, it offers fast transactions as well as low fees. Transactions are completed in a matter of seconds, and the fees are so low that they are typically measured in fractions of cents. This makes it practical for everyday use and resolves two major problems plaguing Ethereum. The Fantom platform also offers Smart Contracts, allowing users to create and execute contracts without using a third party.

Does it have a working product or service: Yes, smart contracts.
Is there a clearly explained road map: No, but it is focused on building decentralized apps for its ecosystem and partnering with other projects.
Does it have an experienced development team: Yes.
How large is the market cap: $595,000,000.
How are the tokenomics: It has a circulating supply of 2,545,006,273 FTM coins and a max. supply of 3,175,000,000 FTM coins. Fantom is currently selling at $.23, while its all-time high was $3.48. Fantom would have to increase by 15x to return to the all-time high. The tokens are used for staking, governance, payments, and fees on the network.
Does it have a strong, active community: Fantom has 460,000 Twitter followers and is ranked 156 out of 3,899 altcoins on lunarcrush.com.
Was an audit performed: Yes, successfully passed.
What does the technical analysis show: Fantom is undervalued on the weekly trading chart.

3. Enjin (ENJ). Enjin was founded in 2009 by Maxim Blagov and Witek Radomski. Enjin (ENJ) is a cryptocurrency focused on creating a gaming ecosystem. It allows for creating virtual goods, services, and a currency that can be exchanged for other cryptocurrencies or fiat money.

Does it have a working product or service: Yes. ENJ coin is primarily used in purchasing, selling, and trading NFTs.
Is there a clearly explained road map: Yes.
Does it have an experienced development team: Yes.
How large is the market cap: $462,000,000.
How are the tokenomics: It has a circulating supply of 1,000,000,000 ENJ coins and a max. supply of 1,000,000,000 ENJ coins. Enjin is currently selling at $.45, while its all-time high was $4.85. Enjin would have to increase by 10.7x to return to the all-time high. Enjin is one of the most popular metaverse cryptocurrencies with a max supply of one billion tokens. Enjin token is used for virtual goods purchases, community building, and payment for game server hosting.
Does it have a strong, active community: Enjin has 536,000 Twitter followers and is ranked 285 out of 3,899 altcoins on lunarcrush.com.
Was an audit performed: Yes, successfully passed.
What does the technical analysis show: Enjin is undervalued on the weekly trading chart.

4. LCX (LCX). LCX was founded in 2018 by Monty C. M. Metzger. The LCX Exchange is a regulated trading venue offering a range of digital currencies. The primary purpose of developing this cryptocurrency is to reduce user transaction costs and make quick and easy transactions between individuals and business entities. It also offers a decentralized and secure payment system for its users. LCX’s goal is to become one of the world’s first licensed and supervised blockchain ecosystems for professional investors.

Does it have a working product or service: Yes. The LCX Token is an exchange-based token and may be used to pay all fees associated with the services offered by LCX AG. The LCX Token can be used as a voucher to pay fees, such as fees for LCX Terminal subscription; fees for custodian solutions LCX Vault; fees for exchange transactions for all crypto assets; exchange fees for fiat-crypto-fiat transactions; processing fees; and other fees within the LCX ecosystem.
Is there a clearly explained road map: Yes.
Does it have an experienced development team: Yes.
How large is the market cap: $35,000,000.
How are the tokenomics: It has a circulating supply of 771,584,751 LCX coins and the max. supply is not available. LCX is currently selling at $.046 while its all-time high was $.70. LCX would have to increase by 15.2x to get back to the all-time high. LCX AG has issued the LCX Token in full compliance with applicable laws and regulations in Liechtenstein. As per legal assessment performed by qualified legal firms, LCX Token can be legally classified as a utility token according to the US, Singapore, European, and Liechtenstein law.
Does it have a strong, active community: LCX has 178,000 Twitter followers, and the community is continuing to grow on other platforms, such as YouTube. LCX is ranked 384 out of 3,899 altcoins on lunarcrush.com.
Was an audit performed: Yes, successfully passed.
What does the technical analysis show: LCX is undervalued on the weekly trading chart.

5. Synthetix (SNX). Synthetix was founded in 2017 by Kain Warwick. It is a blockchain technology that aims to connect all of the world’s digital currencies into one network. The Synthetix protocol uses a combination of decentralized exchanges to achieve the highest level of security and flexibility. Synthetix offers exposure to real-world assets, such as gold, oil, fiat currencies, and stocks, to its ecosystem. These real-world assets are turned into synthetic tokens that mirror the asset’s value.

Does it have a working product or service: Yes. SNX allows users to mint new crypto assets that mimic real-world assets (like the U.S. dollar) and crypto assets (like Bitcoin).
Is there a clearly explained road map: Yes.
Does it have an experienced development team: Yes.
How large is the market cap: $572,000,000.
How are the tokenomics: It has a circulating supply of 238,500,594 SNX coins and a max. supply of 291,657,310 SNX coins. SNX is currently selling at $2.40, while its all-time high was $28.77. SNX would have to increase by 11.98x to return to the all-time high.
Does it have a strong, active community: Synthetix has 217,000 Twitter followers and is ranked 252 out of 3,899 altcoins on lunarcrush.com
Was an audit performed: Yes.
What does the technical analysis show: Synthetix is undervalued on the weekly trading chart.

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