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There are a lot of ways to find low-cap coins. The goal is to find them before others do, and have the “Do Your Own Research (DYOR)” skills to ignore the 90% useless ones and focus on the 10% that is good. I’m sharing with you some points you should check before doing anything.
Blockchain grants.
Some developing chains have grants offered to develop on a certain blockchain ecosystems (which are usually available on “newer Blockchain”). I check the forums and announcements for these grants. I then often buy cryptos that have received these grants, as the blockchain giving the grant has already done some due diligence.
Many blockchain ecosystems are offering development funds for new projects on that blockchain. Developers must submit a minimum of information and answer questions from the people who allocate development funds. The new cryptos that are granted these funds are, in my experience, less risky when investing in low/medium cap cryptos than cryptos that have been denied these funds or have not applied.
Some blockchains like HarmonyONE make the entire process public. Others like ALGO and Fantom just tell you the winners.
I usually google “blockchain” development funds or “blockchain” grantees if I can not find the information directly on the main blockchain site.
I’ve compiled the ones i’m often using:
Algorand: https://www.algorand.com/ecosystem
Avalanche: https://ecosystem.avax.network/marketplace?tag=
Constellation: https://constellationnetwork.io/ecosystem-partners/
Harmony ONE: https://docs.harmony.one/home/general/ecosystem
Solana: https://solana.com/ecosystem
Near Protocol: https://near.org/ecosystem/
Terra: https://docs.terra.money/ecosystem.html#analytics
Zilliqa: https://www.zilliqa.com/ecosystem
Blockchain ecosystem.
Look at the official ecosystem of developing chains. Many of the top 50-400 blockchains* have low caps listed in their official ecosystem, which I then examine. Some chains like ONE have a higher hurdle to be listed in the official ecosystem compared to NEAR. (This is one of the first things I do when entering a new ecosystem. I think it’s better not to dive into all ecosystems right away, but to focus on one or two and then branch out).
Exchange listing standards
Nomics or Binance have lower listing standards than CoinMarketCap and CoinGecko. All 4 have a different “new coin sorting” mechanism. It’s important to make the difference between a new cryptocurrency and a new listing on another chain.
Blockchain explorer
Check out the blockchain explorer. This varies slightly by blockchain, but is sorted by token. Some blockchain explorers display symbols and you would search for tokens without symbols. Others only display symbols and in this case you would search for symbols you do not know about. Many of the ALT blockchains do not have many legitimate projects so this is easier than it sounds. It is however quite time-consuming.
Social Networking
Follow major project developers on Twitter. See what new projects they are launching or working on.
On the Cryptocurrency reddit sub, be on the lookout for crypto influencers, aka shills. I’ve noticed that a lone shill without many upvotes, has a higher chance of winning than a lowmarket cap coin that is often mentioned or one with many upvotes.
But remember,
Disclaimer: All details found on this post, and more generally on this website (neverfomoagain.com) are for informational purposes only. I don’t provide any financial advices. Please, Do your own research before undertaking to any investment/trading actions.
