Coins with a small market cap are interesting to look at. It means that they have a lot of growth potential. We introduce six projects that have such a small market cap. You can find out more about what these projects do. Here’s a link to Part 1.

So, let’s dive in and see which coins you should keep an eye out for in August 2023.

GraphLinq Protocol (GLQ)

GraphLinq Protocol focuses on creating and deploying automation. The project tries to keep this as simple as possible. For example, you don’t need any coding skills. Instead, it offers a drag-and-drop solution. It also offers pre-made templates.

The platform has four key features. For instance,

  1. GraphLinq IDE (Integrated Development Environment), 
  2. Instant Wizard App, 
  3. Engine, 
  4. And its Marketplace. 

A new addition is the GraphLinq Chat, an AI-powered personal assistant. Furthermore, there’s also the native GLQ token. You can use it to pay the gas transaction fees, IDE, and the marketplace.

The current GLQ price is $0.00508770 with a $1.7 million market cap. 340 million GLQ tokens already circulate, out of a 500 million max supply. Below is a short intro video on GraphLinq.

Alpaca Finance (ALPACA)

Alpaca Finance is a lending protocol on the Binance Smart Chain. On BSC, it’s also the largest lending protocol that allows leveraged yield farming. First, lenders can earn safe and stable yields. On the other hand, borrowers can get undercollateralized loans. Using this to leverage your yield farming positions offers great potential profits. 

However, be careful with using leverage. Besides offering great profits, losses can also be large. Nonetheless, their roadmap looks promising. An NFT marketplace and gaming with gaming tokens are about to launch in Q3 and Q4 in 2023.

The current ALPACA price is $0.144220. Its market cap is 21.6 million. The max supply is 188 million tokens, and almost 151 million tokens already circulate.

Coins
Alpaca Finance website
Aavegotchi (GHST)

An Aavegotchi is an NFT. But that’s not all, the project combines the NFTs with gaming, DeFi, and the metaverse. The project offers, for example, also land ownership and staking. Besides their lovely and collectable NFTs, they also have a native token, GHST. 

In Q3, 2023 they plan to launch the Gotchichain. This will be their dedicated blockchain, for everything connected and related to Aavegotchi. The team uses Polygon Supernets for this. So, you have permissioned offshoots of the Polygon POS network. These allow anyone to transact. However, it restricts deploying smart contracts to specific devs.

The current GHST price is $0.892971 with a $45 million market cap.  Out of the 52,747,802 max supply of GHST tokens, already 51,157,239 circulate.

Linear Finance (LINA)

Linear Finance is a cross-chain-compatible protocol. It offers trading in various liquid assets. These liquid assets simulate underlying assets. However, these assets have the same value as the underlying asset.

Their Q3 roadmap has some interesting features. For instance,

  • Multi-collateral staking.
  • Refreshing of the website and the brand.
  • New liquid listings.

The current LINA price is $0.01407524. It has a $78 million market cap. The max supply of LINA tokens is 10 billion. Out of these, already 5.5 billion circulate.

Secret Network (SCRT)

Secret Network is all about privacy. It’s built on the Cosmos Hub and is part of the IBC. They kept building in the background during this bear market. However, they seem rather quiet about their achievements. One of their Q3 releases is the Unstoppable Wallets.

These allow you to set security policies in programmable Secret contracts. They should be interoperable with almost all other blockchains. Thus, having privacy-enhanced smart contracts.

The current SCRT price is $0.335409. Its market cap is $71 million. There’s an infinite max and total supply. The circulating SCRT supply is 211 million tokens.

Coins

Source: Twitter

XCAD Network (XCAD)

XCAD Network offers creators to have their own crypto tokens. Think of YouTube creators. It allows the creators another stream of revenue. Some of the biggest YouTube creators are taking part. For example, Mr. Beast or KSI. 

As a fan, you can earn their creator tokens for free. The only thing you need to do is to watch videos of your favorite creators. Once you watched 80% or more of a tokenized creator, you start earning. However, you need the XCAD Plugin or XCAD App.

The current XCAD price is $1.51 with a $64.8 million market cap. There’s a 200 million max supply and a 198.8 million total supply of XCAD tokens. However, only 42 million tokens circulate. Here’s a short introduction video for XCAD.

Conclusion

We looked at six projects and coins with a low market cap. These coins have the potential to grow in market cap and offer interesting returns. Some mentioned projects and coins are new, others are already more established. Find out which projects and coins we discuss in this article.

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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 accepted levels of risk tolerance of the writer/reviewers, and their risk tolerance may be different from 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.

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