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Small-cap cryptos are among the riskiest bets you can make right now. We have seen a lot Bitcoin (BTC USD) Dominance as altcoins have continued to slide lower. However, now might be a good starting point to think about putting more focus on some projects that offer great value. Certain meme coins are also gaining momentum and have posted huge gains in recent weeks.
I believe that if the altcoin market makes a U-turn and starts going higher, we could see many major exchanges listing some small-cap projects again. This could lead to an even bigger rally in some of these cryptos as investors currently have a lot of money parked on top-tier exchanges. Here are three small-cap cryptocurrencies that have not yet seen major listing activity on major exchanges.
PAAL AI (PAAL-USD)
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PAAL AI (PAAL-USD) is a decentralized AI chatbot crypto project. Similar to many AI and utility cryptos, PAAL AI has experienced some bearish price action in the past few months. However, I think it is a project that could see a boost in the future. I think we’ll probably see some sort of old-season rally when the time comes ether (ETH-USD) ETFs get approval and Bitcoin hits new all-time high after halving begins to have noticeable impact on its supply.
PAAL AI is part of the Ethereum ecosystem, so I think it could be one of the biggest winners in the AI space. The market capitalization of this project is close $200 million at the time of writing.
The main cryptocurrency exchanges for trading with PAAL AI are BingX, BitMart, HTX, Gate.io and XT.COM. None of these exchanges are top-tier exchanges.
The main reason PAAL AI is not widely available on major exchanges is that it is a relatively new token, launched in August 2023. It often takes some time for new tokens to be listed on established and reputable exchanges. However, if PAAL AI gains visibility and consolidates its position in the market, it could attract more interest on exchanges.
HashAI (HASHAI-USD)
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HashAI (HASHAI USD) is another AI crypto project. It is a crypto mining company that uses artificial intelligence to increase mining efficiency. The company mines the most efficient coins on L1 blockchains in real time, maximizing its hashing (computing) power. This crypto token is a product of this company from which holders receive a portion of the returns from their AI-powered mining rigs.
I think HashAI has great growth potential in the coming years as crypto mining becomes more popular on many blockchains. This is especially true as AI makes its way into the crypto sector and ultimately makes mining more efficient. The market capitalization of this project is close 85 million dollarsand the cryptocurrency has 98% of its volume Uniswap (UNI USD). Therefore, I think there is a good chance that HashAI will be listed on many of the top exchanges as it becomes more established.
Non-Playable Coin (NPC-USD)
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Unplayable coin (NPC USD) is a good choice if you want to buy cryptos with momentum instead of putting your money into lazy bets. Meme coins are the only ones seeing significant volume at the moment and NPC has been one of the most bullish names in the meme cryptocurrency space.
There are currently no use cases with this token. Accordingly, I would view NPC as more of a short-term trading opportunity. However, I think this project could be very attractive and make great progress Pepe (PEPE-USD) did. That is, once this project gets listed on some major exchanges.
I wouldn’t be surprised if NPC reached a market cap of $1 billion, although this is unlikely in the near future as it is still one of the smallest market cap cryptocurrencies on the market.
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.