If you’re looking for high returns in this crypto cycle, your best bet is to find altcoins that are yet to realize their true potential. While legacy projects like Bitcoin (BTC), Ethereum (ETH), and Chainlink(Chainlink) have already grown by over 20 times compared to their listing price, there are still tons of upcoming low-cap coins that can potentially multiply your investment.
Today, we’ll explore some leading low-cap coins that have the potential to beat Chainlink (LINK) this year. So, let’s dive right in!
Best Low Cap Coins That Can Outperform Chainlink
PYTH Network (PYTH)
Pyth Network has already exceeded investors’ expectations with massive returns this year. The project surpassed its initial price goal which was set at $0.65. Currently, the crypto asset, which ranks 83rd by market capitalization, is trading at about $0.658, a significant rise from its value of $0.356 at the beginning of the year.
Leading analysts are predicting that subsequent price points for the asset are $0.6979, followed by $0.767. Earlier in the week, we observed that PYTH was undergoing a phase of price discovery, a scenario in which an asset is trading at all-time high levels that it has never reached in its history.
KASPA (KAS)
Kaspa has been a standout performing this year thanks to its unique GHOSTDAG protocol. The proof-of-work (PoW) blockchain offers a unique approach towards block creation and management. This allows secure operations while maintaining high block rates.
The project has been one of the standout performers of 2023 with a yearly growth of over 2200%. Currently, KAS price stands at $0.1779 with the potential to hit $1 before the end of 2024.
Tellor Tributes (TRB)
Tellor Tributes (TRB) stood out as a major success story during the late 2023 rally, embarking on a dynamic multi-month surge that resulted in TRB boasting a substantial 3-month gain of +122.48%.
Although TRB has experienced impressive growth, its market capitalization remains relatively modest at $296,041,585. This indicates that to secure a 3x return for its investors, Tellor Tribute’s market cap would only need to reach $900 million—a target that seems quite attainable when compared to the leading oracle network Chainlink, which has a market cap of $8 billion.
Algotech (ALGT)
is a leading TradFi platform that has raised significant attention due to its unique approach towards trading. Users can use the platform to realize competitive advantages including breakout detection, hedging, and mean reversion. The platform also promises exciting community benefits including governance rights and profit shares.
What sets Algotech apart from existing trading platforms is its use of machine learning to foster performance and to streamline the execution of trading strategies. Algotech’s recent success in securing $1.1 million through a private funding round has reinforced investor confidence. Currently, in its presale phase, ALGT tokens are being offered at $0.04.
You can find more details about this project:
Visit Algotech Presale
Join The Algotech Community