If you want to turn your pocket money into a life-changing windfall, crypto startup projects could be your best friend. However, for every crypto unicorn that produces millionaires, there are dozens of flameouts that burn investors’ hard-earned capital.
However, the appeal of playing with these cryptos is undeniable. And for some, that gamble is paying off in spades as investors ride a wave of hype to stratospheric gains.
That said, please only stake what you can comfortably throw into the ether. Think of it as “fun money” that you are willing to burn in exchange for a few lottery tickets. With this understanding, there are three projects to consider here.
Blue Kirby (KIRBY-USD)
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Blue Kirby (KIRBY USD) is currently one of the riskiest investments you can make in the crypto sector. However, I believe that the upside potential here clearly outweighs the risks involved. This meme coin was previously “soft robust,” which resulted in a major sell-off. However, the token distribution has since been reorganized as many investors bought the price drop, and it has been trending sideways ever since.
KIRBY is a risky micro-cap startup project. But once meme coins regain popularity in the next off-season, this cryptocurrency could easily reach a multi-million dollar market cap. It’s on the Fantom (FTM USD) Blockchain, which itself has one Market cap of $2.1 billionand KIRBY is one of the most popular meme coins in this ecosystem.
Because of these bargain levels, I believe multibagger returns are likely for patient investors who hold this meme coin long enough. Although the project carries significant risk, it already has an established support level, making the project’s downside risk far less compared to most other meme tokens that are still trading in the micro-cap range.
Yak DAO (YAKS-USD)
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Crypto projects with real-world assets (RWAs) are among the hottest investment categories in this bull market. I believe that investing in top RWA projects can continue to bring significant returns in the future. Yak DAO (YAKS-USD) is an RWA startup that, in my opinion, has enormous potential.
Yak DAO claims to be the world’s first recreational real estate DAO to make responsible and eco-friendly real estate investments that emphasize sustainability and have a positive impact on the environment. This is how it works: 30% of the revenue from YAKS properties goes directly to buying back the token and providing sustainable returns to YAKS token investors who participate.
Essentially, you are investing in high-yield luxury real estate through crypto. Yak launched its token on April 4th after showing strong participation at TokenFi’s opening Launchpad, and the project has an interesting roadmap for the next two years, including plans to offer convenient locations around the world. It has also partnered with leading travel and hospitality companies, which makes me confident in the prospects of this token.
Serenity Shield (SERSH-USD)
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Serenity shield (SERSH-USD) is a crypto security token that has experienced great volatility. This cryptocurrency was listed on CoinMarketCap about five months ago. I still consider it a startup as it hasn’t attracted much attention so far.
Specifically, SERSH is the native utility token created to enable the retrieval of sensitive information from a user’s StrongBox®. This is a deflationary SPL token based on the Solana (SOL USD) network, benefiting from low gas fees and high throughput.
What SERSH does is solve one of crypto’s main problems: heritability. When someone passes away, their loved ones cannot get their crypto assets back without knowing the private keys associated with the deceased person. In fact, practically no one shares their keys, not even with loved ones. Serenity Shield solves this problem with its technology. Therefore, I believe this valuable use case deserves a much higher market cap than its current one Valuation: $2.2 million.
If Serenity Shield’s solution prevails, I see enormous potential for SERSH. The token has been struck down. However, this creates an attractive entry point for investors who see the potential in the crypto security space.
Small, low volume cryptos
On small capitalization and low volume cryptocurrencies: InvestorPlace does not regularly publish commentary on cryptocurrencies whose market capitalization is less than $100 million or whose trading volume is less than $100,000. Because these “penny cryptos” are often a playground for fraudsters and market manipulators. If we publish a comment on a low-volume crypto that may be affected by our comment, we ask InvestorPlace.com writers to disclose this fact and warn readers of the risks.
Read more: How to avoid popular cryptocurrency scams
At the time of publication, Omor Ibne Ehsan did not hold, directly or indirectly, any positions in the securities mentioned in this article. The opinions expressed in this article are those of the author and are subject to InvestorPlace.com’s publication policies.