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Top 5 Digital Currencies With A Market Cap Under $100M

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While investing in the largest cryptocurrencies is usually the safest method, it is understandable that sometimes, investors simply wish to take a risk. Those who feel such an urge usually go for an underdog, a coin that is not yet well-known. Of course, even these investors wish to invest in a coin that is worthy of it.

Because of that, we have prepared a list of 5 digital currencies that have a somewhat lower market cap. The criteria include a market cap lower than $100 million, as well as belief that these specific projects have a future bright future. With that being said, let’s see which coins to invest in.

1) Ravencoin (RVN)

Ravencoin is a crypto that holds the rank of 69 as per CoinMarketCap, with its current market cap being at $91.8 million. This is a young coin, but it already started attracting attention. In fact, a lot of investors and analysts believe that this is a sleeping giant. As such, it would be smart to invest in it while it is still low-priced.

Its code base is similar to Bitcoin’s, with some even claiming that it is Bitcoin’s. The project focuses on providing a stable and secure blockchain. Of course, it is still under development, and it has yet to show its true potential.

2) Nexo (NEXO)

Nexo is a coin that has a market cap of $90.03 million at the time of writing, and as such, it holds the rank of 71. The coin is relatively basic in concept, but it has a huge potential. It revolves around being cost-effective and user-friendly while it aims to revolutionize the lending process.

It plans to become a go-to coin for anyone looking to access funds urgently, as the process will be quick and simple. They had an interesting and unique ICO, and have kept their funding goals realistic and attractive to large and small investors alike.

3) Decentraland (MANA)

Next, we have Decentraland, which is quite an ambitious project that holds the rank of 73 as per CoinMarketCap. This project has a market cap of $86.87 million, and it aims to bring blockchain technology and virtual reality closer together. It will do this by creating a Metaverse which will serve as a base for an entirely new world of gaming and trading.

Its VR platform runs on Ethereum blockchain, and it offers users and developers to buy and sell plots of land, create new places and businesses, and conduct trades. All ownership of this land will be recorded on the blockchain, which is, as we know, completely resilient to all forms of data manipulation.

4) GoChain (GO)

GoChain is a coin that currently holds the position of 130th largest coin by market cap. It has a market cap of $40.67 million at the time of writing, but it is also a coin that many believe has a lot of potential for the future. This coin and its platform revolve around speed and cost-effectiveness. It is compatible with Ethereum, and its mainnet is said to be 100 times faster and requires less than 1% of the energy that is needed to actually mine ETH.

The project also aims to solve scalability issues without having to compromise things like privacy or security. It also introduces a new type of smart contracts that have resolved the flaws of regular smart contracts.

5) Mithril (MITH)

Mithril is a coin that has been interesting to investors for a while now. It holds the 65th place with a market cap of $99.88 million. It was developed on Ethereum’s ecosystem and its goal is to revolutionize the way social media impacts our everyday social lifestyle.

While it works with other social media platforms, it does come with a twist — it rewards its users for their contribution to the ecosystem. This means that content developers actually get paid for what they do via social mining. It is a fun way to earn coins, and it rewards effort, which is why Mithril attracted a lot of attention in 2018.

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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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Hodium
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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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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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