12 Best Micro-Cap Cryptocurrency to Invest in 2024

Kane Pepi

Last updated: January 22, 2024 07:16 EST | 15 min read

Looking to invest in the best micro-cap cryptocurrencies for upside potential? In this guide, we discuss quality micro-cap coins that could generate huge returns during the next bull run. Read on to discover the next 100x crypto gem.

The Best Micro-Cap Cryptocurrencies to Invest in

Here’s a list of the best micro-cap cryptocurrencies for 2024:

1. Bitcoin Minetrix – Revolutionary cryptocurrency is decentralizing the cloud mining space. Stake $BTCMTX and earn tokenized cloud mining credits and high staking APYs.
2. Sponge V2 – Popular meme cryptocurrency is upgrading to a V2 version – offering high staking APYs and a new play-to-earn gaming ecosystem.
3. Meme Kombat – New meme coin allows $MK investors to enter a play-to-earn battle arena and wager on live battles. Stake $MK and earn high staking APYs.
4. Scotty the AI – New AI-based cryptocurrency has recently launched on presale. $SCOTTY can be staked to earn high staking rewards and swapped on the ecosystem.
5. Tamadoge – Earn TAMA Tokens in the Metaverse by Minting an NFT Pet
6. SushiSwap – Decentralized Exchange With Borrowing and Lending
7. Gala – Blockchain Guild Hosting Play-to-Earn Games
8. inSure DeFi – Web3 Insurance for Crypto Portfolio Scams
9. Ribbon Finance – Yields Generated Through Automated Derivative Strategies
10. Prom – NFT Marketplace for In-Game Assets
11. Band Protocol – Cross-Chain Data Oracles for Smart Contracts
12. JUST – DeFi Tools for the TRON Network

A Closer Look at the Top Micro Market Cap Crypto Coins

When selecting the best micro-cap crypto to buy, investors need to look at factors other than just the market capitalization. This includes the use case of the crypto token, what market it operates in, and the upside potential of the project.

Below, we analyze the best micro-cap cryptocurrencies to invest in today.

1. Bitcoin Minetrix – Overall Best Micro Cap Crypto to Buy on Presale

At the top of our list for the best micro cap cryptocurrency is Bitcoin Minetrix ($BTCMTX). This revolutionary cryptocurrency leverages blockchain technology to decentralize the cloud mining space. Cloud mining is a process where individuals can rent mining power from centralized businesses. However, this space is plagued with fraudulent activities and scams. To solve this problem, Bitcoin Minetrix is tokenizing cloud mining. $BTCMTX, the native token, can be staked on the Ethereum-based smart contract.

As your tokens are staked, you can start generating tokenized cloud mining credits. These credits can be burned to acquire rented mining times, to earn a portion of Bitcoin mining revenues. Furthermore, staking $BTCMTX leads to APYs (Annual Percentage Yields) as high as 73%. From a total supply of 4 billion – 70% has been allocated to the ongoing presale. This micro-cap crypto has raised more than $9 million since the presale launched a few months ago. At press time, $BTCMTX is priced at $0.013 on presale. The price will increase to $0.0148 by the final presale round. For more information on this cryptocurrency, go through the Bitcoin Minetrix whitepaper and join the Telegram channel. 

2. Sponge V2 – Upgraded Token Version of Sponge Offers High Staking Yields 

Sponge soared into the scene in 2023 – instantly becoming one of the top meme coins of the year. Now, the popular cryptocurrency is revamping itself by offering additional use cases. Sponge V2 is the upgraded version of Sponge. Using the stake-to-bridge mechanism, Sponge will connect V1 token holders with the new V2 token. Existing V1 token holders can stake their tokens on the newly launched V2 smart contract. You will receive an equal amount of V2 tokens, once your V1 tokens are locked-in. Furthermore, the V2 smart contract will offer annual yields for the next four years.

At the time of writing, investors can generate 286% staking APYs on the V2 contract. So far, more than 5.2 million tokens have been staked through the new smart contract. Sponge will also launch a new play-to-earn racer game – where players compete to climb up an online leaderboard. The top performers will be rewarded with $SPONGE tokens. From a total supply of 150 billion – over 51% of the tokens will be offered through staking and P2E gaming rewards. While $SPONGE is currentlypriced at $0.000930 per token, $SPONGEV2 will be launched at $0.000025 per token. Read the Sponge V2 whitepaper and join the Telegram channel for more information.

3. Meme Kombat – New Meme Coin Offers Staking and Wagering Rewards

Meme Kombat ($MK) is a new meme cryptocurrency that is soaring on presale. With $MK, investors can generate passive income, take part in live battles, and wager on competitions. According to the Meme Kombat whitepaper, the platform will launch an AI-based battle arena. This arena will feature live battles between a number of meme coin avatars. You can pick your avatars, and engage in battle. The first season of the battle arena will feature 11 avatars – ranging from popular meme coins such as Pepe and Spongebob. Players can engage on 1 v 1 battles, and even take on the CPU.

$MK token holders can wager their holdings on the live battles to earn rewards. For example, you can wager $MK and predict the outcome of the battle. Players can also wager tokens on other live battles taking place inside the arena. To generate passive income, $MK can be staked on the smart contract. At press time, you can earn 129% APYs by locking-in $MK.From a total supply of 120 million – 60 million tokens have been set aside for the ongoing presale. Since the presale launched, Meme Kombat has raised more than $7.2 million. Currently, $MK is priced at $0.279 per token. Join the Meme Kombat Telegram channel to stay updated with this new cryptocurrency.

4. Scotty the AI – New Presale Crypto Boasts Advanced AI Capabilities

Scotty the AI ($SCOTTY) is a new cryptocurrency centered around artificial intelligence. The platform leverages advanced AI algorithms to bring more security in the crypto space. Scotty the AI can analyze complex blockchain codes, mitigate risks, and track suspicious activities on the blockchain. According to the Scotty the AI whitepaper, the platform will also release a chatbot that can effectively communicate with humans. Termed ‘Scotty Chat’ – the platform will leverage AI tools, such as Natural Language Processing, to create an online AI chatbot that can interact with customers.

The $SCOTTY token can be swapped with other cryptos in the future through a staking mechanism. Currently, this micro-cap crypto is available to purchase during the early presale stages. From a supply of 1.734 billion – 30% is allocated for the presale. Currently, the token is priced at $0.005, and has raised over $129K. A successful presale can help $SCOTTY secure listings on tier-one crypto exchanges. The token is already set to be listed on Uniswap and BitMart – two of the biggest crypto platforms in the space. Join the Scotty the AI Telegram channel for more information.

5. Tamadoge – Earn TAMA Tokens in the Metaverse by Minting an NFT Pet    

Tamadoge

(TAMA) is also one of the best micro-cap cryptos to buy today. This project has a broad ecosystem that covers a wide range of web3 products. But at its core, Tamadoge is a play-to-earn game that requires players to mint a virtual pet NFT. Tamadoge pets are randomly generated from Ethereum smart contracts. As such, each pet is unique and has its own traits.

Players can then train their pets to improve their strengths. Moreover, players can feed their Tamadoge pets and even enter battles with other users. There will be a leaderboard that rewards successful players with TAMA tokens. Tamadoge is also building a metaverse. Called the ‘Tamaverse’, this will offer play-to-earn games in an immersive environment.

The Tamadoge whitepaper also states that augmented reality will be incorporated into its NFT games. Tamadoge completed its presale in late 2022 and is now listed on many exchanges, including OKX, Gate.io, and Uniswap. Tamadoge has a market capitalization of just $12 million. As such, this is one of the best micro-cap tokens for long-term upside.

6. SushiSwap – Decentralized Exchange With Borrowing and Lending

SushiSwap (SUSHI) is one of the best micro-cap cryptos for investing in decentralized finance. Its proprietary exchange supports a range of services. This includes token swaps generated by an automated market maker (AMM) protocol. In simple terms, this allows a trader to buy a cryptocurrency without a seller.

This is because the AMM uses liquidity pools. Investors can provide liquidity to a pool to earn interest. SushiSwap offers attractive APYs and investors can withdraw their tokens at any time. SushiSwap also supports decentralized loans. SushiSwap has its own native token, SUSHI. Previously trading with a market cap of nearly $3 billion, SUSHI is now worth just $300 million.

7. Gala – Blockchain Guild Hosting Play-to-Earn Games

While play-to-earn gaming projects generally create their own titles, Gala (GALA) does things differently. Put simply, Gala operates a gaming guild on top of the Ethereum blockchain. It enables developers to create and run their games on Gala, all of which offer play-to-earn rewards. Moreover, rewards are paid in the project’s native token, GALA.

Across 28 games, Gala has distributed more than $2.2 billion worth of rewards. All Gala games also come with in-game ownership, backed by an Ethereum NFT. Gala has also entered the world of decentralized music and film. This allows artists to sell their creations and dictate their own terms. GALA is currently trading with a market cap of just $290 million.

8. inSure DeFi – Web3 Insurance for Crypto Wallet Scams  

Launched in 2020, inSure DeFi (SURE) is looking to bridge the gap between insurance and crypto investments. In a nutshell, the project insures crypto wallets against the threat of a scam. For example, if the crypto wallet is hacked and the tokens are stolen, the user can make a claim. In terms of the specifics, users will first need to buy SURE tokens.

This is the utility token backing the project and the insurance kicks in seven days after making the purchase. Moreover, the SURE tokens need to be stored in a private wallet and not an exchange. After investigating and approving the claim, inSure DeFi will cover the loss, payable in SURE tokens. As of writing, inSure DeFi has a market capitalization of just $115 million.

9. Ribbon Finance – Yields Generated Through Automated Derivative Strategies  

Ribbon Finance (RBN) is also one of the best micro-cap cryptocurrencies to consider today. It has built an innovative system that generates yields from crypto derivatives, such as options and futures. Some of its core strategies include covered calls, put-selling, and principal protections. Yields depend on the strategy and the token being traded.

For example, covered calls on Ethereum are currently yielding an APY of 70%. From the perspective of investors, the process is passive. Investors simply need to choose their preferred strategy and deposit some crypto. Ribbon Finance has some serious backers, including Coinbase Ventures and Paradigm. Its native token RBN has a market cap of just $125 million.

10. Prom – NFT Marketplace for In-Game Assets

While many blockchain games enable users to earn and buy in-game items, not all projects have an in-built marketplace. Prom (PROM) has solved this issue by creating a decentralized marketplace that allows users to sell their gaming NFTs. 27 games are supported with more being added in the coming months.

This includes MetaSoccer, Elips Battle, Cryptoblades, and Tiny World. Users can set their own price when listing an in-game NFT and multiple digital currencies are supported. Moreover, Prom also enables users to rent NFTs, allowing the owner to earn passive income. Its utility token PROM, has a market capitalization of just over $91 million.

11. Band Protocol – Cross-Chain Data Oracles for Smart Contract

Another project that caught our eye when searching for the best micro-cap cryptocurrencies is Band Protocol (BAND). Launched in 2019, Band Protocol specializes in data oracles for smart contracts. This means that it provides real-world data to the blockchain. Not only that, but Band Protocol has cross-chain functionality.

This means that it can provide real-world data to multiple network standards without requiring a third party. While its protocol receives an average of 33,000 requests per day, it is able to facilitate data blocks in just six seconds. According to CoinMarketCap, Band Protocol had a market cap of just $50 million at the start of 2023. It has since increased to $200 million.

12. JUST – DeFi Tools for the TRON Network

Although TRON has one of the most efficient blockchains for speed, fees, and scalability, it lacks a comprehensive range of DeFi tools. That was until JUST (JST) entered the market with its decentralized suite of lending and earning services. The platform specializes in TRC-20 tokens and popular liquidity pools cover TRX, BTT, USDT, and TUSD.

JST is the project’s native governance token, enabling holders to cast votes on how JUST is run. Users can also mine JST for additional rewards. When JUST was launched in 2020, it was trading at just $0.0084. As of writing, JUST is worth $0.026 per token – representing growth of 200%. This translates into a market capitalization of $228 million.

What is Micro-Cap Crypto?

Micro-cap cryptocurrencies refer to projects with a small market capitalization. This is often a valuation of under $300 million, similar to micro-cap stocks. While micro-cap cryptocurrencies can be ultra-volatile, they also offer an attractive upside.

This is because micro-cap cryptocurrencies have the potential to generate sizable gains. After all, it doesn’t take as much buying pressure to quickly increase the value of a micro-cap cryptocurrency. This is because there is less liquidity and depth in the market.

For example, if an investor buys $100,000 worth of a cryptocurrency with a market cap of just $5 million, this could increase the price by double-digit percentages. This isn’t the case with multi-billion dollar projects like Bitcoin. In fact, a $100,000 buy order would barely move the market at all.

How to Find Micro Market Cap Cryptocurrencies?

Read on to discover what methods seasoned investors use when researching the best micro-cap cryptocurrencies.

Use CoinMarketCap to Source Micro-Caps

CoinMarketCap is a great starting point when searching for the best micro-cap cryptos. By default, the data aggregator website lists cryptocurrencies in descending order by market capitalization.

This means that investors simply need to get down to $300 million and this will display thousands of micro-cap coins.

Investors can then research their chosen projects by reading the whitepaper, assessing the token’s use cases, and more.

Invest in Presales for the Best Entry Price

The vast majority of crypto presales will offer access to a newly launched micro-cap token. This is because presales are fundraising campaigns that help fund a new project.

The project will sell its native token at a huge discount to early investors. After the presale sells out, the token is then listed on an exchange.

Not only do presales allow micro-cap investors to secure an attractive entry price, but there is often an immediate upside on offer.

Look for Concepts That Could Become Global

Another strategy to consider when searching for the best micro-cap tokens is to focus on innovative concepts.

Think along the lines of investing in social media in the early 2000s or EVs in the 2010s. In doing so, investors can gain exposure to new markets before they have had the chance to blossom.

Are Micro-Cap Crypto Gems a Good Investment?

Whether or not micro-cap cryptocurrencies are worth buying will depend on the goals and risk tolerance of the investor.

Here’s what to consider before proceeding:

Consider the Enhances Risk

All cryptocurrencies are considered risky investment products. However, those with a micro-cap valuation come with an even greater level of risk.

After all, if a whale sells a huge chunk of tokens via a single trade, this could wipe a sizable amount of value from the project.

Moreover, many micro-cap cryptocurrencies are backed by up-and-coming projects. Many of which never meet the expectations of their investors.

Long-Term Upside Can be Huge

While riskier than large-cap projects, micro-cap cryptocurrencies invariably offer a much higher upside. This is especially the case in the long run, as newly launched projects have time to grow organically.

Moreover, many micro-cap projects are at the start of their development phase. This means that it can take several years for the concept to reach the masses. But nonetheless, the upside potential of a token with a micro-cap valuation can be significant.

For instance, when Shiba Inu was launched in mid-2020, it was worth just a few million dollars. In just over a year, Shiba Inu went on to reach a market cap of over $40 billion. This translates into gains of over 10,000x.

Micro-Caps are Ideal for Small Investments

Those on a budget are constantly on the lookout for the best micro-cap cryptocurrencies. The reason for this is that even with a small investment, if a micro-cap ‘moons’ the returns can be sizable.

• For example, when BNB launched in 2017, it had a market capitalization of just over $10 million.
• Today, BNB is worth over $50 billion.
• This amounts to growth of over 500,000%.
• Therefore, investing just $100 in BNB in 2017 would now be worth $500,000.

Conclusion

Finding the next 100x gem is often a case of focusing on quality micro-cap cryptocurrencies. This is because micro-caps have considerable room for growth, especially if they are behind innovative concepts.

The top micro cap crypto on our list is Bitcoin Minetrix ($BTCMTX). This cryptocurrency decentralizes the cloud mining space by offering tokenized credits. Investors can stake $BTCMTX and earn high APYs and mining revenues.

FAQs

What is a micro-cap crypto?

Micro-cap cryptocurrencies have a market capitalization of under $300 million. In a similar way to micro-cap stocks, this market is attractive to investors that seek huge returns. This is why the Bitcoin Minetrix ($BTCMTX) is a  presale proving so popular.

What are the best micro-cap cryptos to buy?

Overall, Bitcoin Minetrix is the best micro-cap crypto to buy today. The crypto has raised more than $9 million since the start of its presale – and offers high staking APYs.

About the Author

Kane Pepi

Kane Pepi is a financial, gambling and cryptocurrency writer with over 2,000 published works, including on platforms like InsideBitcoins and Motley Fool. He specializes in cryptocurrency guides, exchange and wallet reviews, and covers new crypto projects for Cryptonews.com. His expertise includes asset valuation, portfolio management, and financial crime prevention. Pepi holds a Bachelor's in Finance, a Master’s in Financial Crime, and is pursuing a Doctorate in money laundering in crypto and blockchain. He can be connected with on LinkedIn.

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