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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

Cryptocurrency Collateralized Debt Positions Are Growing in Popularity

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While Bitcoin (BTC) continues to hover around the magical 10,000 price level, altcoins continue to fight an uphill battle.  Simply put, hopes of a future bull run continue to diminish as Bitcoin maintains its dominance.  One school of thought is that a few altcoins will survive and flourish, but which ones are anyone’s guess.  That being said, it’s hard to go wrong picking against the top coins like Ethereum (ETH), Ripple (XRP), Litecoin (LTC), and EOS.  These projects have managed to find a foothold in the market and have a better chance than most of staying there.  While traders wait for their positions to increase in value, one opportunity that may be worth looking at is initiating a collateralized debt position.

What is a Cryptocurrency CDP?

In traditional terms, a CDP is essentially putting up collateral in order to receive a loan against the deposited amount.  There are several examples of this in our day to day lives.  Auto title loans from large companies like TitleMax are extremely popular with consumers.  Consumers are essentially able to use their car as collateral in exchange for a cash payment which can then be used for whatever needs the consumer has.  The consumer can continue using their car as long as debt payments are made.

The same concept applies to cryptocurrency CDPs.  Consumers are able to put up crypto tokens, such as…

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Altcoins

Hodium Presents a Compelling Opportunity for Outsized Investment Returns

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I’m sure all of us remember the cryptocurrency glory days of 2017 and early 2018.  It was one of the biggest bull runs in history and created incredibly wealth for quite a few early entrants.  Unfortunately, for most of us, those gains have most likely been wiped out during the altcoin apocalypse.  The truth is that traders probably thought a bit too highly of their trading abilities when the reality was that anyone could have thrown a dart at a board and ended up making money.

As markets mature (and the crypto market is definitely maturing) it becomes more and more difficult to generate alpha.  In that regard, it’s similar to traditional financial markets.  I can remember trading during my high school days.  It was the late 90s and right in the middle of the dot.com boom.  Eventually, however, the euphoria fades away and reality hits hard.  Now, it’s become rather difficult to actually trade profitably which has given way to the rise of hedge funds.

Hedge funds are investment funds that pool capital from accredited and/or institutional investors and invest in a variety of assets, often with extremely complex portfolio-construction and risk management techniques.  The professionals employed by hedge funds are the best of the best and have spent years honing their craft.  That is why they’re able to make the millions of dollars that they normally…

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Altcoins

KaratGold Proves Its Business Model By Providing Official Documents

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There has been a lot of renewed enthusiasm in the cryptocurrency market thanks mainly to Bitcoin’s strong move about 10,000.  Although Bitcoin continues to show its dominance, the altcoin market has yet to benefit from that rally.  A few of the largest altcoins remain popular but the rest of the market continues to lag behind.  In 2018, there was a lot of talk regarding a possible altcoin apocalypse where only the strong would survive.  That prediction appears to be playing out as expected.  Going forward, only the best projects that have a real world need will survive.  Crypto traders will have to spend a lot of their time doing proper research in order to find the best opportunities, just like in all financial markets.  One promising project that appears to have the makings of a future winner is KaratGold Coin.

KaratGold Background

KaratGold Coin is a cryptocurrency developed by the reputable German company Karatbars International, which maintains a leading position in the market of small gold items and investments. The project is part of a larger ecosystem, which involves several blockchain solutions that can be used for transactions, communication, investing and other tasks. During the past few weeks, however, the KaratGold ecosystem has been a target of unsavory scam allegations.  

Karatbars International and GSB Gold Standard Banking Corporation…

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