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3 Small-Cap Cryptocurrencies to Buy Now Turning Your $2,000 Portfolio into $20,000
For investors looking to grow their portfolio, a small-cap coin is the best cryptocurrency to buy. Just as in the real world it is easier to move lighter objects than heavier ones, the same principle applies in the cryptocurrency market. Small-cap crypto assets require less trading volume to experience price movements than their larger-cap counterparts.
In this article you will explore three small-cap cryptocurrencies to buy with the potential to skyrocket a $2,000 portfolio from 100x to $200,000 by December. Investors should do further research before committing to investing in the cryptocurrency market.
1. Cryptocurrencies to buy – Saga (SAGA)
Saga it’s a Layer 1 Proof-of-Stake (PoS) protocol that allows developers to create interoperable networks, independent of virtual machines. These chains offer unlimited horizontal scalability and mirror the robustness of Saga’s core network. By leveraging this platform, Saga facilitates the creation of specialized chains for games, metaverses and various entertainment applications.
There are currently over 350 projects in development on the Saga main chain, of which 80% are gaming-related projects. The remaining 20% are in DeFi, NFTs and other entertainment sectors. In 2022, the blockchain gaming industry was valued at $122 billion, set to skyrocket to $614 billion by 2030. Saga is strategically positioning itself in this burgeoning market with its fast and infinitely scalable blockchain solution .
The Saga blockchain’s native coin, SAGA, is priced at around $1.94, boasting a market capitalization of $181 million. The daily trading volume of this cryptocurrency increased by 22%, indicating growing interest among investors. Given its current trajectory, Saga looks set to become a multi-billion dollar blockchain.
SAGA is only 3.09% above its recent all-time low two months ago, presenting an attractive investment opportunity supported by its strong fundamentals.
2. Park (PRCL)
Parcl is a decentralized exchange (DEX) designed exclusively for trading tokenized assets in the real world (RWA), focusing in particular on tokenized properties. Unlike other RWAs, Parcl specializes in real estate tokens and provides access to indices such as New York, London and San Francisco for speculative trading.
The global real estate market is valued at a staggering $637 trillion, while the tokenized real estate market currently stands at $3.8 trillion in 2024. Analysts predict that by 2030, this figure could rise to $16 trillion. This will still be a fraction of the overall global real estate market.
PRCL price is currently trading around $0.33, with a market capitalization of around $40 million. Parcl DEX operates on the Solana blockchain, renowned for its speed and scalability, supported by robust performance metrics. In May, Solana saw the launch of over half a million new tokens without experiencing any network crashes or significant fee increases, as reported by The Block.
PRCL’s 24-hour trading volume increased by 2.4%, indicating growing investor interest. Furthermore, PRCL price has increased only 7.22% from its all-time low two months ago, making it one of the best cryptocurrencies where to invest before the bull run.
3. Nucleus (CORE)
Nucleus it is a layer 1 blockchain that aims to complement the capabilities of Bitcoin. The network provides security through a new consensus mechanism known as Satoshi Plus. Satoshi Plus integrates Delegate Proof of Work (DPoW) with Delegate Proof of Stake (DPoS), creating a robust security framework for the emerging blockchain.
On the Core blockchain, Bitcoin miners validate smart contracts and receive CORE tokens as a reward. Security is paramount in the crypto space. Developers and investors are increasingly prioritizing secure networks, and Core stands out as one of the most secure options. Leveraging the proven security of Bitcoin, Core provides a high level of protection and ensures the integrity of transactions.
The price of NUCLEUS it costs $1.57 and the project is 3 times higher than its all-time lowest price seven months ago.
Conclusion
The cryptocurrency bull market looks to be accelerating soon, with some of the best performers in your portfolio likely to be small-cap cryptocurrencies that sit at the bottom. This list identifies promising cryptocurrencies to invest in, characterized by solid fundamentals and low market capitalizations.
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