Some low market-cap cryptocurrencies can present appealing risk-reward potential in the highly competitive and constantly shifting crypto landscape. In this article, Finbold has picked three assets that could reach $1 billion in market value in 2024.
These projects sometimes grow under the radar due to not being featured among the top 100 ranks. However, it is important to understand that low market-cap cryptocurrencies will face different risks than the bigger ones. For example, lower liquidity or underdeveloped ecosystems.
In this selection, Finbold looked to fundamental aspects of these projects, including decentralization, security, utility, and competitive advantages against higher capitalized coins.
Radix (XRD) to reach $1 billion market cap
First, Radix (XRD) is a layer-1 blockchain that serves as the infrastructure for decentralized finance (DeFi). Its native token currently has a $407,12 million capitalization, trading at $0.039 per token.
If Radix reaches a $1 billion market
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