Why you should invest in low market cap tokens
Making the right investment decisions can be really difficult, especially in times like this. The market has really been indecisive lately, and everyone is kinda uncertain about a whole lot of things.
We just keep hoping for a better tomorrow, that is why I am here to let you know why you should invest in low market cap tokens.
Finding a unique low market cap token can be really difficult but not impossible. There are a thousand low market cap tokens out there, you just have to check for ones that have a great use-case and bag a lot of them for the bull run.
A fully diluted market cap is simply calculated by multiplying the price of a token by its total supply. This plays a major role in the possibility of a token skyrocketing in price.
It is easier for a token with a low market cap to give an investor 10X of the initial investment.
When multiplying a token's price by its total supply, if it is within this boundary of 0 < market cap < 1M, then it can be considered as a low market cap gem. In most cases, be sure that the token hasn't had a major pump prior to the day of its discovery by you.
Else let it go and search for something that is yet to experience an actual pump.