Big Eyes Coin (BIG) is among the newest cryptocurrencies in the crypto world, and as the crypto low caps season approaches, many are wondering if investing in Bitcoin (BTC) and Ethereum (ETH) would lead to profits. BTC is the first cryptocurrency, and all other cryptocurrencies are referred to as altcoins. While investing in BTC and ETH requires a lot of liquidity, many investors, including new ones and experienced ones, do not have enough funds.
Alt Season is Here
The problem with investing in BTC is that it’s expensive, as are most altcoins with significant value. Nevertheless, this should not be a reason to despair since it appears that alt season is here. Cryptocurrencies come in different sizes, and the most lucrative ones are those with low caps. Low-cap crypto has a small market capitalization, which is usually under $1 billion. This results in a lower total value or fewer tokens in circulation. Micro-cap cryptos are those with a smaller market capitalization of $300 million, and most of the time, it’s actually under $10 million.
Investing in low-cap and micro-cap cryptos is a wise idea since it minimizes the risk factor due to the low or limited valuation. This also enables you to purchase a larger quantity of the crypto, which in turn enables you to possibly get greater returns on your investment. The more you own a unit, the more you stand to earn in profits as its value increases over time. However, investors must be cautious with microcap cryptocurrencies, as they are usually newly launched and have low trading volumes. Investors often forgo investing in micro-cap cryptos since they are highly speculative and have a limited history. This translates into high volatility in pricing susceptible to market manipulation.
Best Low-Cap Options
The best low-cap cryptocurrencies for alt season 2023 are those with a large community following. The community can be evaluated by the online activity from the crypto’s various social media channels, which may include Telegram, Discord, and Twitter, and can usually be found through their websites. Some may point you towards Audius (AUDIO) or Serum (SRM) as investment options or even other more well-established altcoins. However, the author suggests investing in soon-to-be-released altcoins that are in their pre-sale state, such as Big Eyes Coin (BIG).
BIG has managed to secure over $33 million in funding and has a large following on its Telegram channel. While there are other options available in terms of selecting an altcoin or meme coin to invest in, BIG has a dedicated community and has managed to raise a significant amount of money in the presale stage in a short amount of time. Some may argue that investing in unreleased crypto may be risky since it has no transaction history, but any investment in crypto can be risky. The success of Dogecoin (DOGE) can be attributed to its community, which is why selecting an altcoin with a large community backing is essential to be successful as a crypto investor.
As the crypto low caps season approaches, investors must remain vigilant and cautious when selecting low-cap and micro-cap cryptocurrencies to invest in. Cryptocurrencies with a dedicated community backing and a strong social media presence are more likely to succeed in the long run. Therefore, investors should consider investing in altcoins like Big Eyes Coin (BIG), which has already gained significant momentum and is on its way to becoming a popular cryptocurrency in the crypto market.
Big Eyes Coin (BIG)
Presale: https://buy.bigeyes.space/
Website: https://bigeyes.space/
Telegram: https://t.me/BIGEYESOFFICIAL