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Top 4 Cryptocurrencies That You Won’t Find Among the 100 Largest Coins

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Cryptocurrency investors are always on the lookout for the best investment opportunities, and as such, they follow closely what happens with the smaller coins, as well as the largest. A lot of people have a general rule to only invest in the largest, and well-established cryptocurrencies. This is a good rule that can allow them to avoid scams and increase their chances of getting a decent profit.

However, there are investors who are ready to take the necessary risks in order to become early adopters of future stars of the crypto space. The space is alive, and the top 100 list constantly changes. Even the list of top 10 largest cryptos looks a lot different today than it did a few years ago. Sure, some coins are the same, but they are in the minority.

With all that in mind, we will now take a look at top 4 cryptocurrencies that are not even among the 100 largest coins — but they do seem to have the potential to change that in the future.

Kin (KIN)

As mentioned, coins enter and leave the list of top 100 largest cryptos all the time, and KIN is a perfect example of this. The coin currently has a market cap of $35.98 million, and it ranks as the 120th largest coin at the moment. However, the coin did not sink because it is a bad project, or because its team does not do their job properly.

It appears that it simply did not receive too much attention, for some reason. While this, and other coins that suffered the same fate might seem like a bad investment — particularly to those who bought them during their ICOs — it is not too late for such projects to turn things around in months to come.

Electroneum (ETN)

Next, we have coins which are at the very edge of the top 100 cryptos but can easily be on both sides of the line. Electroneum (ETN) is one such coin, which has received a lot of attention back in 2018. However, it appears that many had forgotten about it when the price recovery started, and all the attention returned to the top 10 list.

ETN itself saw multiple ups and downs in 2019 alone, and many more are likely to come. The project itself is pretty good, and with a market cap of nearly $50 million, ETN currently ranks as 97th. While this does put it within the top 100 at the moment, it is likely only temporary. As mentioned, the project can often be found on the other side of the border as well, and it will likely keep switching until it starts drawing attention again.

Bitcoin Private (BTCP)

Then, there are small coins with large potential, such as those whose market cap barely exceeds $1 million. There are often great coins with a market cap below $1 million. Among such coins, we find another member of the Bitcoin family, Bitcoin Private (BTCP). At this time, none of the coins in this category seem very exciting, but there are hundreds of them for those willing to take a chance and bet on their future.

Bitcoin Private might never succeed, or it might go big in years to come. Pretty much all other Bitcoin coins did, at least at some point, so this one might not be an exception. At the moment, the coin has a market cap of $1,2 million, and it sits at 779th position, with a price of $0.272115. Interestingly enough, the coin’s price is currently skyrocketing with over 35% gains against the USD in the last 24 hours, and over 36% gains against BTC during the same period.

Dent (DENT)

Finally, there is the last category, which can be considered as ICO tokens. These are the coins that were launched during a very bad time for ICOs, just as they were starting to go extinct. As such, the coins never saw a lot of attention or hype, but that might simply be due to bad timing. Take DENT as an example — it is a promising project that has a working mobile data trading ecosystem.

However, while it has the potential to be very useful, the coin is often in and out of the top 100 list, similarly to ETN. It currently holds the rank of 93, but it is unlikely to be a permanent breach into the top 100 list. Its market cap is not that bad, sitting at around $52 million at this time. However, this is a coin that might be a lot higher on the list, granted that it receives the necessary attention. There are others like it, as well, so forward-looking investors might want to look them up.

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Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

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Altcoins

Solana Price Surges Beyond $100, Dethroning Ripple and BNB To Secure Fourth Place

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Solana price performance in recent times has been remarkable, surpassing Ripple and Binance Coin to become the fourth-largest cryptocurrency by market cap. The SOL price breached the critical level of $100 for the first time since April 2022 over the weekend to imbue optimism among investors. However, the altcoin has corrected by 7%, suggesting that the market is overheated. At the time of writing, the ‘Ethereum killer’ was trading slightly lower at $111.60.

SOL Outlook

Solana price has made a significant recovery over the past few weeks, climbing above the psychological level of $100. The altcoin has been one of the best-performing assets this year, extending its year-to-date gains to more than 1,025%, with more gains recorded in the past month alone. However, even with such growth, analysts have noted that Solana has a bleak chance of topping its ATH of $260.

The reason behind this is the increase in supply relative to its value. In November 2021, when the Solana price hit its all-time high of $260, its total market capitalization was around $78 billion. Despite the value of the crypto asset being less than half of what it was at the top, its market cap is currently hovering near $50 billion.

This has been brought about by the increase in the Solana supply by more than 100 million SOL over the past two years. According to some analysts, for the altcoin to retest $260, its…

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Altcoins

Solana Price Skyrockets to 20-Month Peak Amidst Memecoin Frenzy

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Solana price has noted significant gains over the past few weeks, climbing to its highest level since April 2022. The ‘Ethereum Killer’ almost topped the crucial level of $100 on Friday, before pulling back slightly. The asset’s recent surge has catapulted Solana’s total market cap to $39.6 billion, ranking 5th after and above BNB and XRP, respectively. Solana has jumped by more than 22% in the past week and more than 80% in the month to date. At the time of writing, SOL price was trading 0.90% lower at $93.10.

Catalysts Behind SOL’s Rally

Solana price has been on a strong bull run over the past few days, rocketing to its highest level in 20 months as the network benefits from the substantial activity and strong interest in memecoins. The SOL token, the native digital asset of the high-performance blockchain platform Solana, has shown some serious strength over the past few weeks, outperforming all the altcoins in the market.

The recent surge in the Solana price has been linked to heightened on-chain activities on the Solana blockchain. Notably, the ongoing hype for the blockchain’s speedy transactions, cheap fees, and a lottery of meme coin issuances has buoyed SOL’s on-chain activity. Metrics have revealed that Solana has been the strongest draw among on-chain traders, with trading volumes and network fees outperforming Ethereum- the largest altcoin by market cap.

Cited figures provided by DeFi aggregator DeFiLlama

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Altcoins

Solana Price Breaches $60 Amid a Symphony of Bullish Indicators

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Solana price has jumped more than 8% over the past week, breaching the important level of $60. At the time of writing, Solana was trading 3% higher at $61.07. The asset’s total market cap has climbed to $25.9 billion over the past week, ranking it the 6th largest cryptocurrency after XRP. The total volume of SOL traded over the last day has declined by 8%.

SOL’s Bullish Cues

Solana’s price has been among the best-performing cryptocurrencies this year amid continuous growth. The “Ethereum killer” has consistently impressed investors throughout the year on the back of a resurgence in bullishness, which saw SOL’s price climb more than 513% in the year to date. Institutional investors have also shared the bullish sentiment, making Solana their most preferred altcoin.

In the week ending November 24, Solana recorded inflows worth nearly $3.5 million, significantly more than the other altcoins’ inflows combined. The asset’s monthly inflows were higher at $40.2 million, lower than Ethereum’s $99.6 million inflows in the same period. Other altcoins, including Litecoin and Ethereum, noted significant outflows, making Solana nearly half of the home for DeFi. This implies that when it comes to institutions, Solana is currently the best-performing altcoin with the potential of a long-term rally much higher than other digital assets.

Notably, the Solana DeFi ecosystem accomplished a significant milestone earlier this week. Its Total Value Locked (TVL) hit a new yearly peak of over $655 million,…

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