Everyone in crypto is always looking for the next small cap coin that can get them rich overnight.
I know one person in real life who put $500 in a coin in 2017
and made a million dollars.
That's not an urban legend.
So it's possible to invest a small amount of money and get incredible returns.
At the peak of the 2017 bull run,
you could throw money at almost any coin and get absolutely huge ROI.
But will that be the same in 2020?
I'm gonna explain why this altcoin season will be much different than the last altcoin season
and why it is so crucial that you are very selective
when trying to pick your next moonshot coin for your portfolio.
Today,
I'm gonna be giving you six extremely low cap altcoins
that could be in line for the next 1000X.
Let's get it.
Hello and welcome to BitBoy Crypto!
Your one-stop shop for all things related to Bitcoin and cryptocurrency.
I make videos on this channel almost every day.
If you like what you hear or see,
then please make sure to hit that Subscribe button and click the bell to turn on notifications.
If you'd like to take the conversation even further, ask me questions or just chat,
please head on over to my Telegram group---
the BitSquad.
Alright, guys. Today, we're gonna be taking a look at six extremely low cap coins
or as I like to call them---
minicaps.
That's because these coins are outside the top 300, but they're ranked lower than the No. 1000 coin.
I've scoured CoinMarketCap.com to find six projects
that I believe have a future and could outperform other low cappers.
Now, first and foremost, I need you to understand that this video should serve as a starting point for research.
You must do your own research and remember these are just my opinions.
For full transparency, I want you to know that, at the current moment, I don't own any of these,
so the information is completely unbiased.
I was not paid or even contacted by any of these projects.
However, immediately following this video, I'm gonna go scoop up each of them.
But I didn't want my own portfolio to get in the way of my research.
I found probably about 50 coins that I could have used for this video,
but I dwindled it down to the top 6.
But that does not mean that there are not other great minicap coins.
And also, watch out next week because I'm gonna be doing a microcap gem video
to show you what I believe the top picks are for coins that are outside of the top 1000
on CoinMarketCap.
But please remember, while I do believe it is important to diversify your portfolio,
your best bet in crypto is sticking with coins that are in the top 10 or 20.
However, the low cap gems offer a great amount of upside
but also a great amount of risk.
The portion of your portfolio that you invest in tiny cap coins should be minimal.
You should never put all of your portfolio or even I would say more than 20% at the max of your portfolio into coins that we would consider to be low cap moonshots
because a lot of these small cap coins may not pump.
And here's why.
You see, back in the 2017 bull run, there were a total of 1,359 cryptos listed on CoinMarketCap.
Today, there are 5,100 coins on CoinMarketCap
and that's an increase of 75% more coins.
That's 75% more garbage to wade through to find the great moonshots.
The fact is a lot of projects gained anywhere from 1000X to 650,000X in the last bull run.
The higher the market cap of a coin, the less likely that it is to pull a 1000X.
There's only so much money in the world.
These are my picks that could be the next ones up to get those kinds of gains or more.
The coins will appear in the order that they're listed on CoinMarketCap.
First, we have Contentos.
Now, Contentos is the coin based off of COS.TV, a video platform.
Ranked at No. 317, Contentos has recently seen a good uptick on the chart.
YouTube is the No. 2 website in the world for traffic
and it shows the power of video platforms.
But something has happened in the last few years.
YouTube, which is owned by Google, has demonetized and deplatformed many creators.
And unfortunately, that will continue to happen.
So people all across the world are looking for more places to create.
COS.TV has really branded itself as an international video platform.
It's not dominated by Americans or any one group of people.
And it is very friendly to international groups.
Now, while we talk a lot about how the quality of the product doesn't necessarily matter in crypto,
utility tokens that power platforms such as exchanges or video websites
do provide incentive for their users to actually use them.
Contentos is one I believe that you should pay attention to.
Next, we have Pirate Chain.
I interviewed Crypto Rich a while back on this channel
and he's a huge fan of this coin.
And I understand why.
Privacy coins were under attack for much of 2019,
but what we've seen over the past several months is it is looking more and more like privacy coins are proving their use case
simply by the surveillance state that we live in.
As governments and countries scramble to watch our every move and every transaction,
privacy coins give us a way to be private with the way that we spend our money.
While many of the top privacy coins, like Zcash, Monero and others, get a lot of the attention,
there's definitely room for another privacy coin to move its way up into the top 100 or higher.
Pirate Chain is currently sitting at No. 359
and I can envision it definitely making its way up the ladder.
Next, we have a coin coming in at No. 435---VITE.
Now, I was given this project by one of my BitSquad members
and I have to say I was definitely impressed with what I saw.
It recently had a large pump of 77%,
but I think there is more room to grow for this coin.
As you can see, it's up 8% just today.
VITE is live with a mainnet as of right now
and it brands itself as a decentralized ecosystem.
Now, one thing that VITE definitely has going for it is that it's on Binance.
A Binance listing can help legitimize a project.
When a low cap coin is combined with a major exchange listing,
it's really the perfect storm
because one problem minicap coins have is that they're on obscure exchanges often.
And that makes it difficult to buy and sell them.
Binance provides liquidity, which means projects there can pump quickly.
And VITE might be that project.
Nimiq is another project I really like and it's available on KuCoin,
another reputable exchange.
At one time, Nimiq sponsored a Ledger giveaway on my channel,
so I'm a little more familiar with this project than some of the other minicap coins.
But right now, Nimiq is coming in at No. 596,
but the chart for Nimiq looks great in my opinion.
When troubled of something for low-volume coins is when you see a lot of jagged sideways lines.
These usually mean the coin is purely a pump-and-dump project.
And the lower you get on CoinMarketCap, the more common they are.
But to be ranked so low, Nimiq has a natural-looking chart in my opinion
and looks like, right now, it is in the midst of a take off.
So, what is Nimiq?
Well, it's basically attempting to become a digital currency of the internet.
As Bitcoin has evolved into really just a store of value,
the opportunity exists for a project to rise up
and become the currency people trade while on the World Wide Web.
Nimiq runs within a regular browser,
which I think gives it a good shot to possibly do that.
Alright, we're really starting to get deep in CoinMarketCap
as our next coin is coming in at No. 851.
Plair is a VeChain-based gaming ecosystem.
For a long time, VeChain was absolutely struggling
and people were calling it a scam.
Even people inside of their own community were starting to question the direction of the project,
but over the last several months, things have really changed
and now, everyone is talking about the bright future of VeChain.
Many VeChain projects stopped getting any press, such as their exchange---OceanEX
and projects like Plair.
Now, many crypto enthusiasts agree that gaming is a huge pathway to adoption,
so any token that involves gaming has an easier path to success
than some other niches.
Plair aims to be an ecosystem kind of like Twitch in a way,
where gamers are rewarded for their content, skills and achievement.
And that sounds exciting to gamers.
You also have to consider how much cross investment there is
between VeChain and VeChain-based projects.
As VeChain continues to pump,
it would stand to reason that it could help pump VeChian-based projects,
and Plair is the one that I'm looking at.
Lastly, let's check out Upfiring.
It's coming in at No. 942,
barely making the top 1000.
Upfiring made big news as it launched its dApp about a year ago.
It's basically a BitTorrent competitor.
As BitTorrent was acquired by the ever controversial Justin Sun and Tron,
many people were hoping out of sheer hate for Tron that Upfiring could compete with BitTorrent.
Upfiring is a cryptocurrency-powered torrenting platform.
While Upfiring has certainly not become a heavy topic of conversation,
there was definitely interest in it when it launched.
Now, one thing about a bear market is that it stifles fledgling projects.
Their budgets just aren't high enough to be able to absorb that,
but in a bull run, some of these projects may find a second life
and begin to gain traction and momentum.
I do believe that Upfiring could be one of those projects
that we see during this next bull run.
So, what do you guys think about my list?
Are there some coins that I left out?
If so, drop me a comment and let me know what coins you're looking at.
There were many more projects that I could have listed,
but I thought I would keep it simple with only six,
so you could easily do research without your head spinning.
I hope you enjoyed this video.
If you did, smash the like button for me.
And if you haven't done so already,
make sure that you hit that Subscribe button to become a member of the BitSquad.
Thank you so much for watching this video.
Have a blessed day.
BitBoy out.