Best Low-Cap Crypto Gems to Buy in 2024

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Why Trust Us

Investing in low market cap cryptocurrencies is a common strategy used by investors seeking exposure to both short term and long term gains. Low market cap cryptos have significant growth potential if the projects are able to execute development and increase the demand for their tokens. These types of projects are sometimes referred to as ‘gems’ due to their potential to generate wealth.

If you’re looking for the best low cap crypto gems to buy right now, we will reveal top coins to consider in this article.

Before making any investment decisions, remember to conduct thorough research and analysis into each project. The following information is based on our own analysis of the cryptocurrency market and there is no guarantee that any of these cryptos will go up.

  • PEPE Unchained is a new and improved version of the original Pepe coin looking to 100x.
  • Built on the Ethereum Layer 2 blockchain it offers scalability, speed and efficiency.
  • $PEPU project offers double staking rewards with a current APY of 130,151%.
Project Launched
June 2024
Purchase Methods
  • ETH
    ETH
  • USDT
    USDT
  • Bank Card
    Bank Card
  • BNB
    BNB
  • +1 more
  • New meme crypto with AI-driven predictive trading features
  • WienerAI can find new crypto opportunities and users can swap, MEV-free, via DEXs
  • Investors can buy and stake $WAI tokens to earn 299% p/a passive rewards
Project Launched
April 2024
Purchase Methods
  • ETH
    ETH
  • USDT
    USDT
  • BNB
    BNB
  • MATIC
    MATIC
  • +1 more
  • Fresh off the BSC, PlayDoge breathes new life to trending Doge meme with virtual Tamagotchi-style pet.
  • $PLAY holders can earn rewards and extra tokens by caring for the virtual pet.
  • The $PLAY token comes with tons of utility and staking opportunities with APY rewards currently over 700%.
Project Launched
May 2024
Purchase Methods
  • BNB
    BNB
  • ETH
    ETH
  • Bank Card
    Bank Card
  • Shiba Shootout is a SHIB-inspired Wild-West-themed meme project with tons of utility.
  • Early investors can buy and stake $SHIBASHOOT for massive rewards of 2,288% p/a.
  • Join the 'Posse Rewards' referral program and earn extra rewards for both you and your referrals.
Project Launched
April 2024
Purchase Methods
  • ETH
    ETH
  • USDT
    USDT
  • Bank Card
    Bank Card
  • BNB
    BNB
  • +1 more
  • Available on four major blockchain networks (ETH, SOL, AVAX, BNB)
  • Presale price will increase 5% every 5 days
  • Supporters may be eligible for airdrop rewards
Project Launched
May 2024
Purchase Methods
  • ETH
    ETH
  • USDT
    USDT
  • The world's top GameFi SOL crypto, $DICE, offers the ultimate casino token experience.
  • $DICE is the native token of the established and reputable global casino brand with over 50k loyal players.
  • Buy and hold $DICE tokens to enter the $2,250,000+ USD airdrop. Presale has raised over $1.2M so far.
Project Launched
April 2024
Purchase Methods
  • SOL
    SOL
  • ETH
    ETH
  • BNB
    BNB
  • 99Bitcoins introduces its native $99BTC utility token as the face of Learn-to-Earn crypto model with presale already raising $1.7M.
  • Launching on a BRC-20 powered platform this enables developers and crypto enthusiasts to build dApps on the BTC network.
  • Buy, stake, learn and earn 99BTC tokens, with trading signals, tools and educational features all at your fingertips.
Project Launched
April 2024
Purchase Methods
  • ETH
    ETH
  • USDT
    USDT
  • Bank Card
    Bank Card
  • BNB
    BNB
  • +1 more
  • Missed out on $SPONGE's 100x surge in 2023? Sponge V2 tokens are here and ready to exceed its records!
  • $SPONGE v2 is an ERC-20 token offering 141% p/a rewards and a P2E game in which players can earn more $SPONGE.
  • Over $1M worth of $SPONGE tokens have been staked and bridged already.
Project Launched
December 2023
Purchase Methods
  • MATIC
    MATIC
  • USDT
    USDT
  • Bank Card
    Bank Card
  • Rewarding and fun P2E taxi-based game allowing players to earn rewards for completing tasks and driving fast.
  • 80% annual rewards are up for grabs when you buy and stake $TUK tokens.
  • Early presale investors gain exclusive access to special in-game rewards and bonuses. Over $3.5M raised so far!
Project Launched
June 2023
Purchase Methods
  • ETH
    ETH
  • BNB
    BNB
  • USDT
    USDT
  • Bank Card
    Bank Card
  • +1 more
  • DOGE2014 enters the meme scene celebrating DOGE's 10-year market dominance.
  • As an ERC20 PoS token participants can buy and stake DOGE2014 tokens to earn APY rewards.
  • Currently offering its native tokens via presale, DOGE2014 aims to 10x.
Project Launched
June 2024
Purchase Methods
  • Bank Card
    Bank Card
  • ETH
    ETH
  • USDT
    USDT
  • Empowering the future of crypto payments for customers and merchants, SpacePay makes buying goods and services with crypto easy.
  • With SpacePay businesses can begin accepting crypto payments from an ever-growing global crypto community.
  • SPY token presale offers buyers the chance to get their hands on the project's utility token. SPY holders can enter airdrops, vote on the future of the project, earn revenue share, and more.
Project Launched
May 2024
Purchase Methods
  • ETH
    ETH
  • USDT
    USDT
  • USDC
    USDC
  • Bank Card
    Bank Card
  • BNB
    BNB
  • MATIC
    MATIC
  • AVAX
    AVAX
  • BASE
    BASE
  • +5 more

15 Best Low Cap Crypto Gems To Invest In July

  1. PlayDoge (PLAY)The newest doge play-to-earn game that is inspired by the popular Tamagotchi.
  2. WienerAI (WAI): WienerAI is the first-ever fusion of artificial intelligence, canine loyalty, and the undeniable allure of sausages.
  3. Pepe Unchained (PEPU): Ethereum layer-two meme token offers reduced gas fees and high staking rewards.
  4. Base Dawgz (DAWGZ): A top new multi-chain low-cap crypto to buy in 2024.
  5. Sealana (SEAL): Top Solana-based meme coin featuring a rotund seal mascot.
  6. MegaDice (DICE): A new GambleFi token promising immense potential.
  7. 99Bitcoins (99BTC): Top low cap token in the learn-to-earn space.Get exciting rewards by completing interactive quizzes and tutorials.
  8. Sponge (SPONGE): Successful meme coin project that has recently launched a V2 token.
  9. eTukTuk (TUK)The best green crypto project to invest in for long-term growth. eTukTuk will help to reduce carbon emissions in developing countries.
  10. SpacePay (SPY): Next-gen crypto solution for payment companies. Use crypto for daily transactions at retail stores.
  11. Fight Night (FNIO): High potential meme coin with an engaging backstory and high staking rewards.
  12. Coindexer (COINDEXER): Platform with Hybrid DEX and CEX features to offer a secure trading experience.
  13. Immutable (IMX): A layer 2 scaling solution for NFTs that are built on Ethereum. solves scalability issues and slow developer experience.
  14. Arweave (AR): A decentralized storage network and ‘collectively owned hardrive’ that focuses on building a permanent web.
  15. Flux (FLUX): Flux is a blockchain network that has been built purposefully for web3.

Your money is at risk.

Best Low Market Cap Cryptos in 2024 – A Closer Look

Our team spent time researching different projects to identify the best low market cap crypto opportunities to consider. In the following section, we will take a closer look at the top 15 low market cap cryptos that we found.

1. PlayDoge – The newest Doge play-to-earn game

PlayDoge introduces a new dimension to the Doge ecosystem with its play-to-earn (P2E) game, reminiscent of the classic Tamagotchi. Players can care for virtual Doge pets, complete missions, and play mini-games to earn cryptocurrency rewards.

Available on Android and Apple platforms, PlayDoge combines the charm of nostalgic gaming with modern blockchain technology, creating a compelling and rewarding experience for users.

playdoge crypto game

Investors can purchase $PLAY tokens at a discounted rate during the ongoing presale, with the potential for significant gains as the token’s value is expected to rise over time. The presale also supports staking, allowing investors to earn passive rewards and helping to maintain the token’s value by reducing its circulating supply.

The PlayDoge roadmap outlines four development phases aimed at enhancing the platform’s features and expanding its user base. Future plans include listing on major centralized exchanges and hosting airdrop events for early supporters. The recent success of other Doge-themed cryptocurrencies, suggests strong market demand, positioning PlayDoge as a promising investment.

Your money is at risk.

2. WienerAI – The ERC-20 AI Token with Dachshund Loyalty

Looking for top altcoins with passive income potential in 2024? WienerAI stands out with its impressive staking rewards. At the time of writing, it boasts one of the highest APYs we’ve encountered – a staggering 200%! However, this offer won’t last forever. Staking rewards are set to decrease as the presale progresses, incentivizing early investment for maximized returns.

But WienerAI goes beyond just high yields. It incorporates advanced AI technology, aiming to stay relevant and innovative within the meme coin space. This unique feature grants WienerAI long-term potential that surpasses many other meme tokens.

WienerAI presale

WienerAI’s robust community and its groundbreaking use of AI technology solidify its place as a cryptocurrency worth considering. The presale’s strong traction suggests a promising future.

Your money is at risk.

3. Pepe Unchained – Ethereum Layer 2 Meme Token Offers Dynamic Staking Rewards

Pepe Unchained ($PEPU) is a new meme token built on Ethereum’s layer-two (L2) blockchain. The L2 network offloads transactions from the main network, reducing transaction costs and increasing the speed. 

Thus, Pepe Unchained promises higher efficiency, speed, and reliability in transactions. $PEPU, the native token, can also be staked on smart contracts to generate huge staking rewards. At press time, the staking mechanism offers an APY of more than 4,900%. 

Pepe Unchained presale

Due to the reduced transactions on the main network, Pepe Unchained also promises quick transaction times while reducing gas fees. Therefore, this Pepe-inspired meme coin has been in high demand through the newly launched presale. 

This low-cap token has raised nearly $500K within a week of the presale launch. Currently, $PEPU is priced at only $0.008032 per token. From a total supply of 8 billion, 20% has been allocated for the presale. 

Your money is at risk.

4. Base Dawgz – The best multi-chain low cap crypto to buy in 2024

Base Dawgz is the latest multi-chain dog coin to land on the crypto market. Inspired by the sport of Base jumping, Base Dawgz will facilitate the seamless movement between blockchain networks, improving accessibility and use cases.

Unlike typical meme coins, Base Dawgz combines the fun of dog-themed tokens with advanced blockchain technology, offering users a robust and versatile platform. By operating across Ethereum (ETH), Solana (SOL), Binance Smart Chain (BSC), and Avalanche (AVAX), Base Dawgz ensures that users can easily transfer and utilize their $DAWGZ tokens across multiple ecosystems.

Base Dawgz presale

The multi-chain capability of Base Dawgz enhances its scalability, security, and liquidity, making it a more resilient and adaptable project. Utilizing Web3 technologies such as Wormhole and Portal Bridge, Base Dawgz provides a seamless and efficient user experience, enabling cross-chain interactions and transactions without the usual barriers.

Investors can get involved early by participating in the presale, where $DAWGZ tokens are available at an initial low price of $0.00502, with prices increasing by 5% every five days. To join the presale, users need a compatible crypto wallet, visit the official Base Dawgz website, connect their wallet, and purchase the tokens. With its innovative approach and solid roadmap, Base Dawgz is poised for long-term success in the crypto market.

Your money is at risk.

5. Sealana – Top Solana-based Meme Coin Featuring A Rotund Seal Mascot

Sealana, a meme coin on Solana, playfully pokes fun at crypto culture with its portly seal mascot, a tireless symbol of the crypto enthusiast’s relentless pursuit of “#cryptogains.”

The SEAL token currently lacks specific utility beyond its meme status, but the project aims to capitalize on the popularity of meme coins within the Solana ecosystem. This presale offers a chance for early investors to potentially secure significant returns.

sealana best solana meme token

Investors can participate in the Sealana presale by sending SOL directly to the project address or using the purchase option on the official website. After the presale concludes, these early adopters will receive their SEAL tokens via airdrop.

The project team plans to leverage social media buzz and FOMO (fear of missing out) to create hype and potentially drive the price of SEAL upwards, mirroring the explosive growth witnessed in other SOL meme coins.

Your money is at risk.

6. MegaDice – A new GambleFi token promising immense potential

The DICE token is the native cryptocurrency of the MegaDice casino platform, a prominent player in the cryptocurrency casino industry. Players can use DICE to enjoy games on the platform, gain access to exclusive benefits and bonuses, and take part in crypto airdrops.

megadice best crypto presales

MegaDice shares a portion of its earnings, including transaction fees and profits, with DICE token holders. This revenue-sharing approach offers an additional incentive to hold DICE tokens and be part of the MegaDice ecosystem.

With its strong standing in the crypto casino market, the token is expected to attract significant demand from players.

Currently, DICE is available at a discounted rate in the ongoing presale event.

Your money is at risk.

7. 99Bitcoins – Top Low Cap Coin for Learn-to-play in 2024

In the cryptocurrency environment, we are witnessing a steady evolution of reward models. In 2023, play-to-earn and move-to-earn concepts experienced explosive growth, reaching a market value of $8.9 billion. This trend marks a radical shift in how people interact with cryptocurrencies, opening up a new paradigm of incentives and benefits.

Leading the charge in this revolution is 99Bitcoins, a trailblazing initiative that is reshaping the learning and earning landscape. What sets 99Bitcoins apart is its groundbreaking ‘learn to earn’ model, which offers a one-of-a-kind experience. It seamlessly blends valuable learning with tangible rewards in the form of $99BTC tokens, a unique proposition in the cryptocurrency space.

The project’s presale is now open, offering a unique opportunity for those looking to expand their cryptocurrency knowledge while earning rewards. The $99BTC tokens are available for as little as $0.00108.

Your money is at risk.

8. Sponge Token – The best meme coin with utility

So far in this guide, we have looked at 2 promising meme tokens. Sponge stands out as another low cap meme coin with potential for 2024. The main reason that this token appears to be a good investment opportunity is the coin’s real-world utility.

Unlike other meme tokens, Sponge token comes with real world use cases that could help the token to hold onto its value over time. SPONGE can be used for staking and to access the Sponge Token play-to-earn crypto game.

spongev2 best low cap crypto token

Sponge is currently going through its second presale during which investors can buy Sponge V2 tokens. The V1 token presale sold out quickly in 2023, rewarding early investors.

For those who missed the first pump, the V2 presale could be the next opportunity to take advantage of the popularity of Sponge coin.

Your money is at risk.

9. eTukTuk – The best green crypto with a low market capitalization

Sustainable investors can take advantage of low cap cryptos too. eTukTuk is a low cap electric vehicle cryptocurrency project that will use blockchain technology to improve access to EVs in developing countries.

The project is supported by the TUK utility token that will be used for fuel payments, governance and staking.

etuktuk best low marketcap crypto

Despite its low market cap, eTukTuk has excellent potential. The project roadmap has scheduled continued development over the next few years which will incentivize investors to hold their tokens.

The eTukTuk staking mechanism will also encourage long-term holding. Investors can stake their TUK tokens for passive rewards whilst helping to maintain the security of the platform.

The eTukTuk presale has been ongoing for some time which means that now might be the last chance to buy TUK for an undervalued price. Presale investors can stake their tokens for passive rewards straight away.

Your money is at risk.

10. SpacePay – Next-Gen Crypto Solution for Payment Companies

SpacePay is a new crypto project that bridges the gap between traditional financial infrastructure and the decentralized world of blockchain technology. It introduces a decentralized terminal-agnostic payment protocol that facilitates crypto transactions at retail locations. 

With the SpacePay device, customers can connect with 325+ crypto wallets and make payments with their favorite digital assets. SpacePay offers instant settlements and zero waiting times, and even allows merchants to receive funds in their local currency. 

SpacePay homepage

SpacePay has recently launched its native token, $SPY, on presale. Currently, this low cap token has raised over $180K within a few days of the presale launch. Due to $SPY’s multiple use cases, SpacePay could become the next big crypto project.

For starters, $SPY token holders can vote on crucial platform proposals and play an integral role in determining the platform’s future. SpacePay will allocate a portion of its revenues to token holders and give them access to quarterly webinars with the leadership team. 

The most active SpacePay users will be rewarded with monthly $SPY token airdrops, incentivizing user engagement. Currently, $SPY is priced at $0.00147 per token. 

Your money is at risk.

11. Fight Night – High Potential Meme Coin with an Engaging Backstory and High Staking Rewards

Fight Night ($FNIO) is a popular new low-cap crypto project inspired by the upcoming Tyson vs. Jake Paul fight. Unlike most meme coins, Fight Night has a real purpose via a cool retro-style boxing game that puts players into an exciting story.

In the game, you play as Mike Tyson, who gets hit by lightning and meets Muhammad Ali. Ali gives Tyson magic boxing gloves and sends him on a mission to beat the bad guy, Jake Paul. 

You can earn $FNIO tokens as you play the game. You can also stake these tokens to get better powers and more rewards in the game.

Fight Night Presale homepage

Fight Night wants to make their project even bigger by creating a webtoon series and an AI assistant with characters of Ali, Tyson, and other famous people.

$FNIO token is currently in the presale phase. This means you can buy tokens at a lower price and stake them to earn a really high APY of over 9,000%. It’s worth noting that the token will be listed on exchanges soon after the presale ends.

You can follow Fight Night’s X handle and join their Telegram channel to keep up with the recent updates.

Your money is at risk.

12. COINDEXER – Platform with Hybrid DEX and CEX Features to Offer a Secure Trading Experience

Another low-cap crypto to watch out for is COINDEXER. It’s a popular decentralized exchange (DEX) platform that combines the advanced trading features of centralized exchanges (CEX) with the security and independence of decentralized platforms. This hybrid approach gives traders the best of both worlds for a great trading experience.

COINDEXER has sophisticated trading tools that you usually only find on CEXs, like stop-loss orders, limit orders, and margin trading. This allows traders to manage their risks well and use advanced trading strategies that aren’t often available on traditional DEXs.

Early buyers can buy the platform’s native token for just $0.00158 at the time of writing in its ongoing presale.

COINDEXER Token Presale Homepage

It’s worth noting that the platform has all its smart contracts thoroughly checked by trusted third-party companies and uses secure multi-signature wallets. They also regularly do ‘penetration testing’ and have a bug bounty program to strengthen their defenses.

The platform uses a decentralized governance model, which means token holders get to participate in important decision-making processes.

COINDEXER has a staking mechanism that rewards users for staking their tokens. This provides a way to earn passive income and ensures users’ interests align with the platform’s long-term success. Interested buyers can join the COINDEXER Telegram channel and follow it on X (Twitter) for the latest updates.

13. Immutable –  The best low cap crypto that will power the next generation of web3 games

Immutable is a leading project in the web3 gaming space that aims to bring digital ownership to every player. The token, IMX, currently ranks #31 on CoinMarketCap, placing in only just in the threshold to be classed as ‘low cap’.

Nevertheless, many experts believe that Immutable has significant potential for growth due to the project’s strong roadmap and plans for development.

immutable low cap cryptourrency

Immutable is a layer 2 scaling solution that positions itself as the ‘better’ alternative to Ethereum. This is because the network offers instant trading, massive scalability and zero gas fees.

The network makes it possible for users to distribute assets on a massive scale. For example, the network has been used by the game Gods Unchained to implement a meta-system that was not previously possible.

Immutable has already established some top-tier partnerships including Gods Unchained, UbiSoft, Illuvium, and Unity. These partnerships suggest that Immutable could be a key player in the future of web3 gaming.

To invest in this low cap cryptocurrency project, you can buy IMX tokens from reputable crypto exchanges. IMX tokens can be used for staking, governance, and platform fees.

14. Arweave – A decentralized information storage platform that is supported by a promising low cap token

Arweave is an interesting blockchain project to watch in 2024. The project is a decentralized storage system that will be used to store humanity’s most important data. The system will also be used to host provably neutral web apps that will solve issues with bias and central authority.

Despite it’s intriguing use cases, Arweave has a low market capitalization of just $2,170,419,607 and ranks number 53 on CoinMarketCap.

arweave best low market cap crypto

The ecosystem is supported by the AR utility token. AR is used to reward miners who facilitate the storage of information on the blockchain network.

AR has a maximum supply of 66 billion tokens which will be gradually released into circulation. Arweave has managed to attract major partnerships including Meta, Instagram, Mirror, and MetaPlex. This puts the project in a strong position to see growth as the demand for decentralized data storage increases.

15. Flux – A powerful network that will establish an architecture for the future of web3

Flux is a decentralized blockchain network that has been designed to increase the adoption and accessibility of web3. The network is powered by the FLUX crypto token which has a current market cap of $393,493,226.

flux best low cap crypto 2023

The aim of the flux network is to help people build web3 applications that will support the wider adoption of the technology. The network is people-powered which means that there is no central authority or censorship. Instead, the network is distributed across a series of Fluxnode operators who all receive a share of the block reward.

Although Flux is a growing ecosystem, it is worth noting that the network uses PoW which means that it is less sustainable than other alternatives. Nevertheless, the project is backed by a team of industry experts and has managed to attract a large community of users.

What Is a Crypto ‘Gem’?

best low cap crypto

In simple terms, a crypto gem refers to a relatively unknown or undervalued cryptocurrency project that has the potential for massive growth and profit in the future.

These crypto gems are often hidden among the best cryptocurrencies, making them difficult to find. However, for those who are willing to put in the time and effort to research and dig deeper, they can uncover these hidden gems and potentially achieve significant returns on their investments.

The appeal of crypto gems lies in their potential for exponential growth. Unlike well-established cryptocurrencies like Bitcoin or Ethereum, which have already experienced substantial price increases, crypto gems are still in their early stages and have the potential to grow exponentially in value.

Investing in crypto gems does come with its fair share of risks, as not all projects will achieve the desired success. It is crucial for investors to conduct thorough due diligence and research before jumping in. This includes looking into the project’s team, technology, market potential, and community support.

How To Find Low-Cap Crypto Gems To Buy

One of the biggest challenges of investing in crypto gems is finding them in the first place. A lot of low cap cryptos fail to provide investors with the results that they promise which means that you must conduct thorough research before making any investment decisions.

Here are a few ways to find low cap cryptos that could potentially explode in 2024.

Social media

One of the best ways to find crypto with low market caps is to follow reputable social media pages and influencers. These accounts often announce potential investment opportunities and sometimes provide insight into their analysis to help you understand why a token might be worth considering.

Good platforms to use include X, Reddit and Telegram.

coinmarketcap twitter find low cap crypto

It is important to make sure that the accounts you follow share legitimate information that is backed by analysis. The crypto industry has attracted a lot of scammers who often use social media to encourage unknowing investors into rug pull or pump and dump schemes.

Some reputable accounts that you could consider following include CoinMarketCap on Twitter, The Wall Street Memes Telegram channel and r/CryptoMoonShots on Reddit.

Information that you find on social media should be used purely as guidance for your own research and analysis. Never rely on just one source of information when making a decision about a trade.

Technical analysis

A more manual approach to finding low cap cryptos that could explode is to conduct your own technical analysis. This involves looking at a crypto price chart to spot patterns that indicate upwards price movement. This method of finding promising cryptocurrencies is used mainly by day traders and comes with a high level of risk.

Indicators to look out for include:

  • High 24h trading volume
  • Over-sold relative strength index (RSI)
  • Bullish candle stick patterns
  • MACD above 0

There are tons of different indicators that can be used to conduct technical analysis. Most analysts use a combination of a few to strengthen their predictions.

It is important to understand the future price of cryptocurrencies can never be guaranteed and past performance does not equate to future results. Even if a price chart indicates that a crypto will turn bullish, there is not guarantee that this will be followed through. Markets can change very quickly.

Technical analysis is a complex method of finding low cap opportunities that is most suitable for advanced crypto traders.

Crypto news sites

Another popular way to find low market cap cryptos is to follow cryptocurrency news. News headlines can have a big impact on the price of cryptos and are a good way of determining whether or not a coin has potential.

Positive news stories indicate positive market sentiment which means that the project could attract investors. On the other hand, negative headlines could lead to sell-offs and investor uncertainty which could make it difficult for the value of a crypto to grow.

Again, it is important to make sure that you are using reputable news sites that post valuable information. Stick to well-known publications with a good reputation amongst crypto investors.

How To Buy Small Cap Cryptocurrencies

Many of the low cap cryptos that have potential in 2024 are available via ICO drops. This means that you can buy them by connecting your cryptocurrency wallet to the presale website and swapping high cap coins for presale tokens. The best crypto presales provide a seamless buying process and allow investors to start staking their tokens before the event ends.

Before buying low cap crypto from a presale, it is important to conduct thorough research and be aware of the risks that are involved with investing in new tokens.

Here is an overview of how to buy PlayDoge – the best low cap crypto – from the ongoing presale.

Step1: Create a crypto wallet

metamask wallet best low cap cryptos

Before taking part in a crypto presale, you will need to own a crypto wallet that is compatible with the blockchain network.

MetaMask is a good option that can be accessed via browser extension. We like this wallet because you can buy crypto directly which reduces the amount of back and forth that is often involved with purchasing coins.

If you don’t already own a crypto wallet, you can create a MetaMask account with your email address.

Step 2: Fund your wallet

The next step involves funding your crypto wallet with coins that can be swapped for presale tokens. In the case of PlayDoge, you can use ETH, USDT, or BNB to buy $PLAY tokens.

Fund your wallet with enough coins to buy the tokens and pay for gas fees. Gas fees will fluctuate depending on market conditions so it is a good idea to buy presale tokens when the network is quiet.

Step 3: Connect your wallet to the PlayDoge presale

Head to the PlayDoge presale website and click ‘connect wallet’. From here, select your wallet provider and follow the instructions to complete the connection.

Step 4: Swap crypto for $PLAY

You will now be able to buy $PLAY with coins from your crypto wallet. Enter the number of coins that you would like to swap and then select ‘buy’.

You will be able to claim your tokens when the presale has ended. However, it is possible to start staking your tokens immediately which is a good way to take advantage of early rewards.

Your money is at risk.

Pros and Cons of Investing in Low Cap Altcoins

Investing in low cap crypto is a good way to support a diversified investment strategy. Low market cap altcoins often present growth opportunities and can be accumulated without needing to put a large amount of capital at risk. This makes them an attractive option for investors who want to diversify on a budget.

However, investing in small cap cryptos also comes with a fair amount of risk. There is no guarantee that the value of the projects will go up and it is normal for the hype around new low cap cryptos to die out.

Here is a closer look at the advantages and disadvantages of buying low cap coins.

Advantages of investing in low cap cryptos

For investors who are willing to take risks and explore new opportunities, low cap cryptos can be an attractive investment.

Opportunities for growth

One major advantage of investing in low-cap cryptos is the potential for significant returns. As these cryptocurrencies have low market capitalization, their prices are often undervalued and have the potential to skyrocket once they gain traction and popularity.

Identifying promising low-cap cryptos at an early stage can result in substantial profits, as they have a higher chance of experiencing exponential growth compared to larger, more established cryptos.

Passive income

Another benefit of investing in some of the best low cap cryptos is the chance to acquire passive income through staking. Many of the projects that we have discussed in the guide offer lucrative staking rewards for early investors.

By taking part, you could earn passive income each day on top of your initial investment. This is a good way to maximize your initial investment.

Portfolio diversification

Another reason to consider buying low cap cryptos is the opportunity to diversify your crypto portfolio without needing to put a large amount of capital at risk.

Many of the presales that we have looked at in this guide allow you to invest from as little as $1. This could be a good way to gain exposure to new projects that could perform well when other areas of the market are suffering.

Disadvantages of investing in low cap coins

As we mentioned above, low cap cryptocurrencies come with a fair amount of risk that should not be ignored.

Low liquidity

One major disadvantage is the lack of liquidity these coins often have. Low cap coins are typically not widely traded and may have limited availability on exchanges. This means that when it comes time to sell your investment, you may struggle to find buyers and experience significant price slippage.

Furthermore, the lack of liquidity also makes these coins more susceptible to manipulation and sudden price swings, causing increased volatility and potential losses.

Limited history

Another potential risk of buying low cap cryptos is that they lack the track record and performance history that can be seen with more established projects. This can make it difficult to predict whether or not the project will do well in the market.

Additionally, with less information available about these coins, it becomes harder to make informed investment decisions, increasing the risk of losing your hard-earned money.

Volatility

Low market cap cryptos are often more volatile than established projects. These coins are often associated with smaller teams and lower liquidity, which makes them more susceptible to market manipulation and sudden price swings.

This means that investors may see their investments plummet in value or experience extreme price fluctuations within a short period of time. For those with a low risk tolerance, this level of unpredictability can be a major disadvantage.

Best Low Cap Crypto Gems to Buy – The Verdict

The best low cap crypto to buy in 2024 are presale tokens that have the potential for significant growth. These projects are considered to be undervalued because the tokens have not yet been made available on mainstream exchanges. The best presales to consider at the time of writing are PlayDoge, WienerAI and Sealana.

In this guide, we have taken a look at the top low cap coins to watch in 2024. We have also discussed how to buy low cap cryptocurrencies from presale as well as the pros and cons of investing in these projects.

Remember, investing in low cap cryptos comes with high risk and you should never invest more than you can afford to lose. There is no guarantee that the value of your investment will go up.

Your money is at risk.

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By Ruby Layram

Ruby is an SEO Editor who occasionally contributes as a writer for ICO Bench. Ruby has been working in the Fintech and Personal Finance space for 5 years and has been featured in a number of reputable online publications including The Motley Fool UK, Bankless Times, Cryptonary, TradingPlatforms and BuyShares.