Market cap is becoming the criteria for choosing an asset. Altcoin Buzz presents five projects that are defying the market trend.
The world of cryptocurrencies consists of more than 7,000 projects today, ranging from popular brands like Bitcoin and Ethereum to meme coins such as Dogecoin and Shiba Inu. While these digital assets make up most of the volume of cryptocurrencies, low-cap virtual currencies are equally important in the crypto world, deserving a separate investment class.Low-cap projects are the hidden gems that have allowed many investors to achieve massive profits. In this article, we share top underrated cryptocurrencies with a bright future, although they have the lowest market cap.1. Terra Virtua Kolect (TVK)Founded by Gary Bracey, Terra Virtua is a cross-platform for non-fungible token ecosystems across mobile, augmented reality (AR), and virtual reality (VR). The platform offers a curated marketplace to collectors and creators to interact. TVK is the fuel that runs Terra Virtua’s ecosystem, opening up an abundance of opportunities for token holders, including staking and farming. Since TVK is an ERC-20 token, it uses Ethereum’s proof-of-stake consensus to validate transactions and secure the platform.Lately, the project raised $2.5 million in three funding rounds supported by leading venture capital firms, including Woodstock, Hashed, NGC Ventures, LD Capital, and Twin Apex Ventures. In addition to funding, Terra Virtua’s top-notch partnerships with industry leaders are expected to push its price to new heights.The list of Terra’s partnerships includes Casper Network, Ethernity Chain, Elrond, Polkamarkets, Phantasma, Polygon, and other well-known crypto projects.Price: $0.1559Market Cap (May 24, 2021): $34,517,705CoinGecko ranking: #5122. PAID NetworkPowered by Polkadot, PAID Network is a complete ecosystem of dApps built on top of blockchain technology that delivers DeFi-powered SMART Agreements for all business needs. The project aims to simplify traditional legacy business by introducing blockchain-based contracts.PAID Network is the first to develop SMART Agreements that can be deployed and signed on-chain. Domestic and international businesses can use this proprietary technology to build upon various aspects of business transactions.The project is the brainchild of Kyle Chasse, an industry veteran with investments in many different companies, including Kraken, Coinbase, Bitfinex, Circle, Ripple, and many more. In the advisory team, the project has Ryan Williams, the founding partner of Ashbury Legal; Ivan on Tech, a famous YouTuber; Saeed Hareb Al Darmaki, eGovern chairman, and other renowned industry figures. The network has a reputable partnership with Curate, LGCY Network, DuckDao, Plasm, and Alphabit, to name a few.Price: $0.7336Market Cap (May 24, 2021): $62,424,267CoinGecko ranking: #3703) Secret NetworkSecret Network is an open-source platform that allows developers and users to perform computations on encrypted data. Therefore, it brings privacy to public blockchains and smart contracts. The network has its consensus and on-chain governance built on top of Cosmos’ Tendermint network. At the heart of the Secret ecosystem lies SCRT tokens, which token holders must stake to become validators of the network.It is the first blockchain to offer privacy-preserving smart contracts. dApps built using Secret Network can utilize encrypted data to protect their users’ data and important information. While it is not the only project offering privacy to the blockchain space, the project could be key to driving the future of the decentralized world.Moreover, Secret Network has entered into the realm of non-fungible tokens (NFTs) through the SNIP-721 standard. Using Secret NFTs, collectors can have privacy on their digital art collection while enjoying the transparency of blockchains.