Cryptocurrency prices are in the spotlight – and more attention is being paid to small-cap cryptocurrencies. A recent report from GodzillaNEWZ, an online digital financial market and news site, shows that the crypto market is in a strong uptrend.
small-cap cryptocurrencies are those with a market capitalization of less than $750 million. These digital currencies are less well known than the larger ones but often offer the same potential for returns. They usually offer more risk, but also more potential reward for investors.
Given the recent rise in prices of Bitcoin and other large-cap cryptocurrencies, the smaller ones are beginning to attract more attention. And, according to the report, the small-cap coins are now in an uptrend.
The report notes that most popular small-cap coins, including Dash, Tron, Binance Coin, Litecoin, Monero, and Zcash, have experienced significant gains over the past week. Smaller coins that have experienced notable surges include Aeternity (AE), ICON (ICX), and Waves (WAVES).
Additionally, the report notes that there are still many digital currencies that are yet to see the same level of attention as their large-cap counterparts. These coins include Verge (XVG), Vertcoin (VTC), Digibyte (DGB), NEM (XEM), and Qtum (QTUM).
The report concludes that now, more than ever, investors are beginning to appreciate the value of small-cap cryptocurrencies and the different investment opportunities they offer. With their potential for larger returns, these smaller coins can offer investors an attractive alternative to the larger, well-known cryptocurrencies like Bitcoin and Ethereum.
For investors who are looking to diversify their portfolios and reap the potential rewards of small-cap cryptocurrency investing, the current uptrend in prices is an encouraging sign. It indicates that small-cap coins are beginning to attract the attention of more investors, offering a lucrative and low-risk investment opportunity.