7 of the Best Altcoins to Invest in Right Now, Low-Cap Coins with Early Promise

7 of the Best Altcoins to Invest in Right Now, Low-Cap Coins with Early Promise
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Have you missed out on being an early investor in some of the biggest crypto projects of the past decade? Don't worry. You still have a chance to profit with low cap altcoins. These under-the-radar projects have tremendous potential to grow in the coming years, and in this article, you'll discover seven of the best low cap altcoins that could bring you profit in 2023.

1. Chancer (CHANCER): Spearheading the betting revolution

Chancer is the world's first blockchain-based decentralized predictive markets app. The brainchild of brothers Adam and Paul Kelbie, Chancer aims to revolutionize the way people bet by taking the power away from bookies and betting houses, placing it firmly in the hands of the users. Chancer aims to democratize betting, removing odds stacked against bettors.

Chancer facilitates peer-to-peer (P2P) betting. Bettors can place small bets among friends and family, or participate in viral global events, such as the Superbowl or Oscars. What's more is that unlike traditional bookmakers and online betting houses, bets can be made on just about everything and are not restricted to sports.

The Chancer token, CHANCER, fuels the entire ecosystem. Bets are made and paid out in CHANCER coins. Additionally, users can earn discounts on bets, making it cost effective for frequent bettors. Users are also rewarded with CHANCER tokens simply for using and engaging with the platform. To further incentivize token holders, Chancer will offer a Share2Earn program, which will encourage users to promote their own markets, leading to increased participation and higher rewards for market creators. Chancer will also go beyond flexibility by allowing token holders to stake their CHANCER tokens. 

Chancer's potential to disrupt a market that typically has users' odds stacked against them from the beginning is huge. The betting and gambling industry is expected to grow to over $150 billion by 2030, and Chancer wants its share of the prize. With the presale underway and CHANCER valued at just $0.01, now might be the right time to invest in this altcoin which has real utility.

>>> You can find more information, including how to buy Chancer here <<<

2. Shiba Memu (SHIBA MEMU): A meme coin powered by AI

Shiba Memu is a brand new meme coin based on the cute Japanese Shiba Inu dog. Aiming to get in on the hype of meme coins, an industry that was worth zero which has now reached a valuation of $14 billion over two years, Shiba Memu presents a unique offering. Powered by AI, Shiba Memu aims to do the work of over 100 marketing agencies in real time. Its AI capabilities mean it can post on social media and forums, write and promote its own PR, personalize marketing messages to an array of audiences, and increase engagement and conversion rates.

Unlike other meme coins, which rely on initial hype and then inevitably lose value due to a lack of real utility, Shiba Memu's fusion of AI technology gives it real utility. Not only will it benefit from the buzz surrounding meme coins, but it present a real long-term investment for meme fans and crypto enthusiasts alike. This makes it a fascinating altcoin to invest in, one that stands out in the crowded meme coin market.

>>> You can find more information, including how to buy Shiba Memu here <<<

3. AltSignals (ASI): Delivering trading signals with AI

AltSignals is a platform that delivers trading signals so users know where to place their money. Founded in 2017, AltSignals has helped its userbase of over 50,000 members receive accurate trading signals to make the most of their money and invest in the latest and undervalued cryptos for a maximum return. Typically, AltSignals has delivered these signals via its proprietary software, AltAlgo™. However, AltSignals has now developed an AI stack, ActualizeAI, to boost its potential to deliver the best and most accurate signals.

By using AI, AltSignals will tirelessly scan the markets 24/7, learning from all data and research available in order to deliver the most promising results to users. In order to get access to ActualizeAI, AltSignals' users must hold ASI tokens, with lifetime access given to those with more than 50,000 ASI tokens. ASI tokens have plenty of utility within the platform and are the lifeblood of AltSignals' ecosystem. Token holders can provide feedback to AltSignals based on user experience, can suggest improvements, and can even decide the direction that the platform should take going forward.

With the ASI presale underway, those who wish to make their money go further might want to consider looking into purchasing the token. It not only has real utility within the platform itself; it can also help savvy investors diversify their portfolio.

>>> You can find more information, including how to buy AltSignals here <<<

4. Metacade (MCADE): The Home of Play-to-Earn – The best Altcoin to Invest in

Metacade is a community hub that aims to be the ultimate social space for play-to-earn (P2E) gaming. It's where gamers, developers, crypto investors, and entrepreneurs can go to connect and collaborate while playing the latest GameFi titles, all while participating in Web3's first community-run virtual arcade.

Many have been calling Metacade one of the best altcoins to invest in for 2023, given the number of valuable, gaming-oriented features it's planning to implement. For example, in the Metacade, you'll find dedicated forums for discussing your favorite P2E titles, a review system to help you find the games worth playing, and spaces for reading the hottest alpha shared by seasoned GameFi experts. There are even plans for a community-led game funding scheme!

One aspect that has attracted attention amongst the Web3 gaming community is Metacade's community rewards. If you post a review, offer some tips, or share other useful content, you receive rewards in MCADE tokens. Not only does this encourage advanced players to share their knowledge with the community,  but it also means you can earn simply by sharing your thoughts about a new game you've been playing or a trick you've discovered.

As mentioned, Metacade is also launching a funding scheme designed to help kickstart the next wave of P2E development. Known as the Metagrant, this scheme allows developers of any background to add their idea to a competing pool of projects. Metacade users vote on their favorite, and the one that wins the most votes is allocated funding from the treasury. Metacade's goal is to feature dozens of these community-endorsed games in its virtual arcade for the whole world to enjoy.

If you're wondering why Metacade could be one of the best altcoins of 2023, consider how vital community platforms are to gamers. They not only foster a sense of belonging amongst like-minded peers but also provide a place to ask questions, share strategies, and learn best practices. Given that GameFi is expected to grow 10x faster than regular gaming by 2025, as per Crypto.com's research, it's easy to see how Metacade could be the next Discord or Twitch for P2E gamers. Combine that with a token still in presale, and you have one of the best low cap altcoins that could rocket this year.

>>> You can find more information, including how to buy Metacade here <<<

5 . Chiliz (CHZ): The Leading Fan Engagement Platform

Chiliz is the native token of Socios.com, a platform that allows users to buy and sell fan tokens for sports teams across the globe. These tokens are the next step in fan engagement, offering exclusive benefits to holders, like early access to tickets, meet and greets, and voting rights. Fan tokens open a new revenue stream for clubs and mean fans can become directly invested in their favorite team's performance.

This model has already proved wildly popular amongst clubs and supporters alike, with dozens of football, basketball, rugby, and esports teams already signed up. Paris Saint Germain, for example, allows its fan token holders to vote on stadium designs and have the chance to interview players. With more clubs expected to join the trend in 2023, Chiliz is the second-best low cap altcoin right now.

6 . Aptos (APT): An Up-and-Coming Layer-1 Solution

Aptos is a layer-1 platform aiming to take on Ethereum's dominance in the smart contract space. It was created by former Meta engineers and is based on the company's failed Diem project. The chain's native programming language, Move, was developed by Meta and is now being implemented in Aptos due to its superiority compared to other blockchain-based languages.

Aptos's architecture theoretically can do everything Ethereum can, just faster and cheaper. For example, Aptos can handle up to 150,000 transactions per second (TPS) once the network is fully developed.

While many other networks promise to do the same, none have the rockstar team or hype of Aptos. Aptos's team is made up of "PhDs, researchers, engineers, designers, and strategists," according to a blog post made by the project, and it attracted over $350 million in venture capital funding in 2022. It remains to be seen how Aptos fares in the long run, but right now, it's definitely one of the best low cap altcoins out there.

7. MakerDAO (MKR): The Central Bank of Crypto

MakerDAO is one of the leading DeFi projects on the market today and arguably the most stable. It currently holds the most value on its chain, with $5.9 billion locked, according to DeFiLlama, and accounts for 13.2% of the total DeFi ecosystem. Alongside being one of the earliest entrants to the space, Maker has prioritized stability and community governance above all else, making it one of the most resilient DeFi projects.

This is thanks to Maker's DAI token, a stablecoin pegged to the US dollar. Simply, users lock up their crypto tokens, like ETH, to receive DAI in return. To receive a loan from Maker, borrowers must over-collateralize, meaning that they must put up more ETH than they receive in DAI. For example, Maker's current collateralization ratio is 125% (daistats.com).

In times of crisis, this move, in combination with swift action from the community, has saved MakerDAO from collapse while others failed. With Maker expected to retain its leadership in 2023, it's one of the best low cap altcoins to buy right now.

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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.

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