Microcaps have both the highest potential and the most risk in our market. Yes, it’s easier for a $5 million project to 100x to $500 million than it is for Bitcoin to 100x from $1.3 trillion to $130 trillion. That would be 60x the current value of NVIDIA by the way if you are keeping track at home.
But they carry the most risks. The project may never fully launch. Or it may launch and fail. Or its price can go to zero. That’s not even talking about the scam and rug possibilities. So today, we present 4 microcaps altcoins with potential but a little less risk.
1) xRaise
First, today, we have xRaise. The zkSync-based smart wallet for gaming. What makes it smart are benefits like Session Keys. This is great for gamers. You set up your gaming session to pre-sign what you might need while playing.
Then guess what? No game interruptions to allow, sign, and confirm transactions. That’s gone forever. Plus, with their Paymaster feature, you can pay gas in different tokens, not the required one the network forces you to use. Again, another convenience for gamers.
Source: X
Game developers love this too. Think about it. If a game is on BNB Chain but most other games they play aren’t, then having to get BNB to pay gas each time just for this one game is a hassle. And players won’t do it. But pay with USDC or USDT or DAI? They already have that in their wallet. Convenient. And developers know they need to make it EASY for gamers to keep them engaged in the game.
xRaise recently launched its token. The native $RAISE token is available on SyncSwap and the current price is 16/100s of a cent or $$0.0016. You are seriously early on this one. And check out this link if you want to try the xRaise Smart Wallet today.
2) Common Wealth
Common Wealth has one of our favorite goals in mind in crypto. To democratize access to early stage investments. Why there are so many middlemen and gatekeepers keeping regular people from investing early in a project? It is something we just don’t understand. And we hate it.
If you know a lot about a certain technology or industry, why should you be kept out and only some VC or Private Equity funds can invest? That doesn’t seem fair. And Common Wealth agrees. Their Free VC Fund, gave access to a piece of one of their investment funds to the public for free. The Alpha Fund soon opened and sold out after that.
Source: X
The fund that is active now is the WLTH Fund formerly known as the Community Fund. We like how Common Wealth is transparent in how it selects projects and a couple of them in the Alpha Fund are intriguing like:
- BluWhale for AI personalization so the protocol can profile users while users can get a customized experience.
- BitLayer is using the BitVM or Bitcoin Virtual Machine to create a usable Layer 2 for Bitcoin.
And it is very early for CW’s native $WLTH token. $WLTH holders get profit-based royalties from the Funds as well as the typical ROI from price appreciation as the projects grow. It’s a great deal. For a DEX option, you can buy it on Uniswap. Or for CEX options, you can buy on Kucoin, MEXC, or Gate.io.
3) ChainGPT (CGPT)
ChainGPT is one of the AI projects we see as having a lower risk despite its $80 million market value. And that’s small. We know. So that means there is some risk here. But AI infrastructure tools, not like OpenAI, but the tools that decentralized versions of OpenAI need are a good market to be in right now. So, ChainGPT has:
- A launchpad.
- Chatbots.
- NFT generators.
- AI-assisted services like adding AI components to a smart contract.
- A Solidity-based smart contract generator. This means creating EVM-compatible smart contracts, and more.
Source: X
So you can see ChainGPT offers a lot. And projects need these services. This is a project with $1 billion potential. And that would be a 12x from here.
The native $CGPT token is available on many of the biggest CEXs not named Binance or Coinbase. And there are lots of DEX options too including PancakeSwap, Uniswap, or aggregator Kyber Network. Its price on Pancakeswap is ~15.5 cents with ~52% of the total supply of tokens in circulation.
4) ORAI
Oraichain is growing fast in 2 areas we like a lot. AI and Oracles. I don’t have to repeat all the reasons we like AI. But for oracles, the emergence of RWA as a hot sector means that more projects need more oracles and their data.
Data feeds for things like real estate prices are vital if we ever want to tokenize real estate. With Oraichain, you have AI-based oracles to ensure the data is accurate and fast. This is something new and different from projects like leading Oracle Chainlink.
Source: X
Another great sign is that Oraichain, which is part of Cosmos IBC, is bucking the trend there. Many IBCs are struggling mightily. But not Oraichain. It has struggled over the last 3 months where it is down almost 20%. But that’s much less than most IBC projects. And even with that tough last 3 months, $ORAI is up 255% in the last 12 months.
At its current price of just under $8, ORAI has a market cap of $109 million with almost 90% of the total supply of tokens in circulation. This is another one where we feel the downside risk is a lot lower than its potential upside.
Disclaimer
The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted levels of risk tolerance of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd.
