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

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digital currencies

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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My Crypto Heroes Announces Issuance of MCH Governance Token

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Tokyo, Japan, 24th November, 2020, // ChainWire //

My Crypto Heroes is happy to announce the issuance of MCH Coin as an incentive to players in the My Crypto Heroes ecosystem, aiming to allow them to craft a “User-oriented world”. The MCH coin is available on Uniswap with a newly created pool with ETH. 

My Crypto Heroes is a blockchain-based game for PC and Mobile. It allows users to collect historic heroes and raise them for battle in a Crypto World. Officially released on November 30th, 2018, MCH has recorded the most transactions and daily active users than any other blockchain game in the world.

What is MCH Coin?

MCH Coin is being issued as an ERC-20 Standard Governance Token. The issuance began on November 9th, 2020, with 50 million tokens issued.

Of the funds issued, 40% are allocated to a pay for on-going development and as rewards for advisors and early investors. 10% are allocated to marketing and the growth of the ecosystem, and 50% are allocated to the community. The Distribution Ratio of the MCH Coin is subject to change via a governance decision.

The MCH coin will be used as a voting right as part of the ecosystem’s governance, with 1 coin being 1 vote. It will also be used for in-game utilities and payments. Additional information can be found here:

https://medium.com/mycryptoheroes/new-ecosystem-with-mchcoin-en-a6a82494894f

During December 2020 the first governance…

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Rewards Platform StormX Offers 50% Crypto Cashback Bonus for Thanksgiving

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Singapore, Singapore, 23rd November, 2020, // ChainWire //

Blockchain-based rewards platform StormX has released a seasonal promotion for its award-winning Crypto Cash Back App. The promotion will allow app users to earn a 50% bonus on top of their cashback between Thanksgiving Day and Cyber Monday (November 26-30).

StormX has also introduced a brand-new staking service, allowing users to earn an additional 50% per year when they stake STMX tokens. The native ERC20 token of the StormX ecosystem, STMX has a total supply of 10 billion and is available to trade at many of the world’s top exchanges, including Binance and Bittrex.

“With Bitcoin’s price approaching its all-time high, interest in cryptocurrencies has renewed, though some people believe it’s now too expensive to buy in,” said StormX CEO and Co-Founder Simon Yu. “What we have done is create an easy way for such individuals to accumulate bitcoin, ethereum and other cryptocurrencies via everyday shopping.

“We’re also excited to provide users with the ability to earn greater rewards simply by staking their tokens.”

Since the StormX mobile app launched its Shop feature with over 700 stores in February 2020, some 400,000 unique users have been added to the rewards platform. StormX has also witnessed over 50% month-on-month growth for sales. The app is available for download on the App and Google Play Stores, and can be downloaded as a browser add-on from the Chrome Web…

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3 Reasons Why Liquidity Dividends Protocol (LID) Will Be a Huge Winner

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Liquidity Dividends Protocol

Since 2017, cryptocurrency has experienced both the crazy highs and the crazy lows with fortunes being made and lost overnight.  That volatility is one of the main reasons why cryptocurrency has been relatively slow to gain mass adoption.  In addition to volatility, another concern for many is the lack of security and regulation in the market.  This can be seen through the countless exchange hacks and rug pulls that seem to occur on a weekly basis.  In order for cryptocurrency to move into the next stage of maturity and bring on mass adoption, investors and users will need to feel secure knowing that their funds are safe.  One promising organization that may have the perfect solution is Liquidity Dividends Protocol (LID).

What is Liquidity Dividends Protocol?

Liquidity Dividends Protocol is an up and coming organization that provides locked liquidity services to cryptocurrency projects that launch their offerings through ERC-20 tokens.  It lets non-custodial pre-sales lock liquidity of a token in a trustless manner through Uniswap.  This locking process will prevent every investor’s worst nightmare of seeing their hard-earned money disappear through “rug pull” scams that are designed to remove liquidity out of DeFi projects.

This year has seen an explosion of interest in Uniswap and DeFi projects.  Many investors have generated enormous returns on investments, but many have experienced the pain of being duped.  Below are three reasons why LID Protocol is poised to be a massive winner in…

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