Top cryptocurrencies continued recording a weak price action over the past week, resulting in the market entering a consolidated phase. Following this, investors have increased the volume of low-cap altcoins in their respective portfolios, indicating a switch of interest toward these crypto tokens.
With the rising bullish sentiment in the low-cap altcoins, are you planning on investing in these cryptocurrencies to maximize your profits during the consolidation phase of the crypto market?
Dive in as, in this article, we have covered the top 4 low-cap altcoins that have the potential to outperform top crypto tokens during this month.
Botto (BOTTO):
Botto is an AI-driven decentralized artist-governed community. Launched on 8th October 2021, through this project, 350 artworks are created each week. Through votes, feedback is collected for Botto’s art engine. Over time, Botto has created art that is guided and governed by the community.
With a trading price of $0.9351, a circulating supply of 47.30 Million BOTTO tokens, and a market cap of $44.22 Million, it has secured the 682nd spot on the global crypto market list.
Positively, the Botto price has added approximately 3% within the past day and 17.84% over the past week. Furthermore, it has surged 297% this year, highlighting a bullish outlook for the altcoin during the upcoming weeks, making it a top pick for this list.
DUKO (DUKO):
Built on the Solana contract, the Duko token has taken its inspiration from memecoin. Launched on 14th February this year, the altcoin quickly gained attention from the crypto space, resulting in it recording a significant uptrend.
The DUKO price has added approximately 20% to its valuation within the past 24 hours and 129.51% over the past seven days. Moreover, it has recorded gains of over 68% since its inception, indicating a rising interest of investors in it.
Grok (GROK):
Based on the Ethereum blockchain, the Grok project is an Artificial Intelligence (AI) blockchain and has three MVP utilities which are on wall-E drawing, a GPU, and a Contract scanner for cryptocurrencies.
At the time of writing, the price of Grok crypto was $0.0154 and had a circulating supply of 6.32 Billion GROK tokens. With a market cap of $97.59 Million, this altcoin has secured the 487th position on the global crypto market list by market capitalization.
Moreover, the Grok coin price has added 1.25% within the past day and approximately 10% over the past week. Furthermore, it has jumped 44.32% within the past 30 days and has recorded a Year-to-Date (YTD) return of 132.34%.
MileVerse (MVC):
A one-of-a-kind public blockchain that is integrated with multiple innovations. Further, it is based on the models of Unspent Transaction Output (UTXO) & Proof-of-Work (POW) that offer groundbreaking high performance with low fees and high-level decentralization.
Notably, the altcoin has added 7% within the past day and 257% over the past seven days. Furthermore, it has surged 266.30% over the past month and has recorded yearly gains of 381.55%, highlighting an increase in the bullish sentiment for the MVC price in the market.
Conclusion:
The price volatility in the low-cap altcoins has recorded a significant rise over the past few days, highlighting a rising interest of investors in it. This makes it a good entry point for investors to stack these altcoins to maximize their profits during the coming time.
Note: This is not a promotional article in any manner and was written only for research purposes. This is not subjected to financial advice. Investing in cryptocurrencies is highly risky. Make sure to do detailed research before making any investments.
>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : Coinpedia – https://coinpedia.org/price-analysis/best-low-cap-altcoins-for-2x-5x-profits-this-month/
