8 Best Low Market Cap Crypto to Buy in October 2022

Alongside the high market cap and well-established cryptocurrencies, there are thousands of newly launched crypto projects with high potential. These low cap crypto coins can be a profitable way to make money with cryptocurrencies in a short time period. These cryptos have a low value and they keep fluctuating all the time, so the chances are high that they can bring huge rewards to day traders, and other short-term investors. 

But besides being a profitable investment, low cap cryptocurrencies are also very risky. They are new in the market which means that these coins aren’t as well-established as Bitcoin, Ethereum, and other popular cryptos. It is vital to be careful about the cryptos you purchase and you need to take a close look at what you are investing in.

As the market is filled with thousands of options, it can be a hard task to explore all of them and find out the best one. Our guide will help you find the best low market cap crypto projects to invest in for 2022.

8 Best Low Cap Crypto Coins to Buy in October 2022

Here is our short list of the best 8 cryptocurrencies if you want to invest in low cap cryptos right now. For a detailed review of each crypto project, check the next section of our guide. 

Top Low Market Cap Crypto List – Full Reviews

The fundamental part of investing in any type of asset is to learn about the project you want to purchase. It will give you an exact understanding of the cryptocurrency and help you make a more reasonable decision. In this section,  we will focus on describing the top 8 low cap cryptos recommended by us and introducing why they are worth buying. First, we will talk about 3 popular tokens that are in the presale stage – Dash 2 Trade, IMPT token, and Calvaria. 

Dash 2 Trade –  Best Low Cap Crypto to Buy During the Presale Stage

Dash 2 Trade is a brand-new cryptocurrency with ambitious goals to revolutionize the trading experience and take it to the next level. It provides a plethora of trading tools and data to help you make better decisions in buying and selling cryptocurrencies and stay on top of the market. The platform will incorporate both manual and automated trading tools providing technical indicators, on-chain data, and strategies. 

With Dash 2 Trade you will be informed about the latest cryptocurrency listing and take advantage of their low prices. The platform will also notify you about the trending private sales and provide you with insightful information about where the protocol is heading. Another crucial tool is crypto signals through which you can learn about the best time to buy or sell certain assets. 

Among the most valuable tools are Social Sentiment and On-chain Data tools which will give you detailed analyses of the fundamentals and transactions of a cryptocurrency. It will assist you in making more reasonable trading decisions in the fast-moving crypto market. Finally, it will provide a strategy-builder tool that will enable you to test and build more powerful crypto trading strategies without spending money on trading. The latter also has great importance in customizing your strategy and automating it.

Dash 2 Trade is a new project in the market but it has already managed to gain huge popularity and claims to have more than 70,000 traders. The project is also managed by a good team that includes professionals in the spheres of trading and blockchain technology. Dash 2 Trade issues its native token D2T to power the network. The token will give you access to its premium tools and can be staked to earn rewards as the project is built on the Ethereum blockchain. 

The SolidProof-verified token is currently in the second stage of its presale. The maximum supply of the token is 1 billion tokens 700 million of which is provided for the presale. The current presale value of the token is $0.05 but it will increase to $0.0513 once the remaining 43.8 million tokens are sold out. For more info about this coin, See our full guide on how to buy D2T.

Buy Dash 2 Trade

IMPT – Best Low Cap Cryptocurrency that Offers Solutions to Global Warming

IMPT is a rising star in the cryptocurrency market with its unique method of contributing to ease the effects of global warming. When cryptocurrencies first launched, they tended to be harmful to the environment due to their mining protocol. Bitcoin’s Proof-of-work consensus mechanism consumes a lot of electricity to power its network and generate new blocks. 

But then a more environmentally-friendly consensus mechanism emerged called Proof-of-Stake. Ethereum has recently merged with this blockchain layer cutting its damage to the environment by almost 100%. IMPT is another DeFi project trying to contribute to a healthy environment and it works on the Ethereum blockchain. It focuses on so-called carbon trading and combines NFTs (non-fungible tokens) with carbon credits for a greener kind of crypto. 

Carbon trading refers to the process of buying carbon that can be created by fossil fuel emissions. Those who buy carbon credits have the right to use them whenever they want and send the emissions to the Earth’s environment. However, they can also keep them as an investment and sell them only when their value increases. IMPT is focused on carbon credit trading but gives value through NFTs and the transactions are conducted on the blockchain. So, by purchasing those NFTs, buyers claim their ownership over those carbon credits. 

IMPT’s native token – IMPT can be used to buy these NFTs. Meanwhile, users of the IMPT platform can generate free tokens simply by buying products from other shops. The project manages to make a deal with thousands of shops for cooperation. 

IMPT cryptocurrency will have a maximum supply of 3 billion IMPT tokens 52% of which is planned to sell during the presale. 22% of the tokens were sold out during the 1 stage of its presale and the team managed to raise $150,000 in the first 24 hours of the presale. The second stage will be carried out until the beginning of the next year or when all the coins are sold out. It is currently priced at $0.023 but the value will increase during the third presale stage. To buy the IMPT token, see our full guide on how to buy IMPT. 

Buy IMPT

Calvaria – Blockchain-based Card Game that is in the Presale Stage

Calvaria is a play-to-earn game built on the Ethereum blockchain that focuses on card games in which you collect, earn and upgrade to build a custom deck and win battles. The narrative of the game is introduced on its website in a detailed and creative way accompanied by visual materials. The game enables you to earn rewards for winning the battles in the form of its native token and use it for buying new cards and making your decks more powerful.

Calvaria’s native token is called RIA which currently has utility token use cases within its network. It is used to distribute rewards and buy NFTs to claim ownership of certain cards. Additionally, the RIA token uses the ERC-20 token standard which means that it can be staked to generate rewards by contributing to the network. The team also plans to launch a DAO so RIA tokens can also bring governance rights to the token holders. 

The total supply of the Calvaria tokens is 1 billion coins 30% of which users can buy in the presale stage. Calvaria has successfully gone through half of its second presale stage during which you can buy 66.67 RIA tokens with 1 USDT. RIA is also available to buy with ETH or other stablecoins. Only 60 million coins remain before the end of the second stage and RIA’s value will increase to $50 RIA for 1 USDT in the third stage.

Buy Calvaria

Tamadoge – Newly Launched Low Cap Crypto that Offers Exciting P2E Features

If you are interested in cryptocurrencies, you have probably heard about the memecoins which are crypto projects that start as a joke. Tamadoge belongs to the group of memecoins with its TAMA token. Unlike most of the memecoins, Tamadoge takes a bit more sophisticated approach to this field as it introduces unique features and play-to-earn elements. While memecoins are just created for fun and don’t have any real-world value Tamadoge has a lot of them and enables its users to play and earn rewards in the meantime. 

Tamadoge’s metaverse is called Tamaverse and to be a member of its network you need to buy a Tama pet that will represent you in the game. You take care of your pet, feed it, buy items for it and once it is mature you can fight it against other Tama pets and win competitions. The winners of the competitions get monthly rewards in TAMA tokens and can use them to buy new items and make their Tama pets even more powerful. 

TAMA is the native token of the Tamaverse with its multiple functions – it is used to distribute rewards to the winners of battles, reward those who stake TAMA tokens and buy new items from the store. All the in-built items, including TAMA pets, are represented as NFTs which claim your ownership over these pets and you can also sell them to generate income. 

TAMA is already launched officially and is available to buy on the OKX brokerage platform. The cryptocurrency has a maximum supply of 2 billion TAMA tokens, half of which are already circulating. TAMA has a low market cap but its roadmap indicates that there are multiple functions yet to be launched. So, if TAMA succeeds in getting more popularity it can grow significantly and bring high rewards to early investors. See our full guide to buying Tamadoge.

Buy Tamadoge on OKX

Lucky Block – A Competing Platform with High Rewards and Frequent Draws

Lucky Block is a new word in the cryptocurrency market with its unique features making it attractive and popular. It is a competing platform built on blockchain technology that significantly changes the view about the prize draws and jackpot rewards. Lucky Block aims to be a user-oriented platform enabling people to earn money even if they don’t win in the competitions. 

To participate in Lucky Block’s competitions you must buy NFTs from its different NFT collections. There are many of them, each giving various advantages. You can buy NFTs with Lucky Block’s native token – LBLOCK. Many of the NFTs will also enable you to take part in prize draws. Prize draw rewards are diverse – ranging from different cryptos to luxurious holidays and cars. But even if you don’t win in the competitions, you still get rewarded with Lucky Block’s LBLOCK token. 

When it comes to the prize draws they tend to be more user-friendly with frequent draw chances, higher rewards, and more chances to win. Additionally, Lucky Block uses blockchain technology to record the transactions and everything is transparent which significantly reduces the risk of fraud and makes the platform more reliable. Another amazing feature is that Lucky Block makes the competitions available for anyone from any part of the world removing geographical boundaries. 

You can buy Lucky Block’s LBLOCK v1 token if you want to take part in the platform’s network and participate in competitions. But for trading purposes, the project issues another coin – LBLOCK v2 which is designed for CEX listing. Lucky Block’s token is more suitable for long-term trading as the taxes for buying or selling the coin are high but the holders are rewarded constantly for storing the token. 

See our LBLOCK V2 price prediction for 2022.

Buy Lucky Block

DeFi Coin – A Low Cap Crypto that Supports a Popular Decentralized Exchange

As the DeFi sector is growing rapidly several projects emerge concerning different aspects of its ecosystem. One of them is decentralized exchanges which have gained huge popularity in recent days. These platforms provide trading tools for those who want to buy and sell cryptos similar to centralized exchanges, but the difference is that they are built on blockchain where the transactions are transparent and decentralized. 

DeFi coin is the native token of one such exchange called DeFi Swap. The DEX’s popularity is strongly associated with the value of the DeFi Coin. When the DEFC first launched it was not so valuable but its price increased after the launch of the DeFi Swap exchange. The platform powers traders with different functions, including buying, selling, swapping, yield farming, staking, etc. It is still in the early stages of its development and claims to add new features to its platform in the future. 

DeFi Coin is an excellent investment in terms of long-term holding too. The team tried to make it less volatile by preventing the quick buy and sell contracts with the token putting a 10% tax on every buy or sell the contract. So, it is unlikely that short-term traders will use this token for trading and affect its price fluctuations. Besides, holders of the DeFi coin get rewards simply by having the coin in their crypto wallet which boosts its long-term investment among traders. 

Read more about the DEFC token.

Visit DeFi Coin

Compound – Crypto Project that Allows Lending and Earning Real Money

Founded in 2017, Compound is currently one of the most popular low market cap cryptos and is among the leading crypto lending protocols. As a lending platform, it has two types of users – lenders and borrowers. Borrowers can make use of the ready funds and take loans. They pay interest on their loans. In their turn, lenders provide funds to the protocol and gain interest for providing their cryptos. 

Compound issues a native utility and governance token – COMP which powers its ecosystem. COMP is used for governance purposes and to reward the lenders for their service. Compound has a low maximum supply which is equal to 10 million COMP tokens. More than 72% percent of the coins are already issued and the price for one coin is $50. COMP token is among the 100 best cryptocurrencies with its market capitalization. 

Read our complete how to buy Compound guide.

Buy Compound

Your capital is at risk.

Gala –  Low Cap Gaming Platform that Incorporates NFTs, Blockchain, and P2E

Gala Games is a blockchain-based platform that offers different games that players can enjoy playing and earning ownership over in-game items through NFTs. Founded in 2019, Gala already claims to have 1.3 million monthly active players and sell 26.000 pieces of NFTs. The project aims to solve different problems that exist in the traditional gaming industry. 

First, Gala uses a decentralized blockchain which means that it is not governed by a single party. With this, Gala wants to give players more freedom over their gaming status. It wants to remove the practice of losing your game status within a minute which you gained by playing several hours a day and spending a lot of money. 

Second, the game incorporates play-to-earn elements and players claim the ownership of their assets through NFTs within the Gala games. These NFTs represent real-world value and players can sell them to generate rewards. Gala issues a native token GALA coin which is the utility and governance token for the community. GALA holders can participate in the governance voting and decide which games the platform should launch in the future. Currently Gala has launched only one game – Town Star. 

The GALA token has various use cases as a utility token. It is used to pay for different in-game items and serves as a medium of exchange between the participants of the Gala ecosystem. GALA is a stackable coin and holders can lock it to generate income. The circulating supply of the Gala cryptocurrency is 7 billion GALA tokens and it has a market cap of $240 million. GALA is currently one of the most popular and promising low cap cryptos. 

Buy Gala

Your capital is at risk.

What are Low Cap Cryptocurrencies?

The market capitalization of a cryptocurrency is the total value of all the tokens which illustrates its palace in the market. It is calculated the same with all the cryptocurrencies, meaning by multiplying the total number of the coins with the price for each coin. Coins having high market capitalization tend to have low supply and high demand. 

Bitcoin is one example that is the largest crypto by its market cap. The circulating supply of this crypto is more than 19 million tokens and a capped supply of 20 million coins. The demand for Bitcoin is huge so it is quite a valuable asset with a market cap of almost $400 billion. Ethereum has more supply which is not limited, but the value for each coin is several times less than that of Bitcoin. So, Ethereum’s market cap is almost 2 two times lower than Bitcoin’s.

Based on this metric, cryptocurrencies are divided into three large groups – low cap, mid cap, and big cap cryptocurrencies. Big caps are the ones having the largest market capitalization which exceeds $10 billion. The first ten largest cryptos can be considered large-cap cryptos, including Bitcoin, Ethereum, Dogecoin, etc. These cryptos stand out with low volatility and are more well-established, so investing in them includes less risk but the rewards are low too.

Mid-cap cryptos have a market cap between 1$ billion to $10 billion. They have more potential for growth compared to large-cap cryptos but also include higher risks. Finally, low market cap cryptos are the ones having less than $1 billion market cap. These cryptos include the highest risks but can also bring the highest rewards in the short term. 

The low market cap group of cryptocurrencies usually includes newly launched tokens, speculative crypto assets, coins that are in the early stages of development, and are usually after the presale or ICO stage. Obviously, the number of low cap cryptocurrencies strongly outpaces the number of mid-cap and large-cap cryptos, which makes them even riskier. But many of these cryptos have a huge potential for growth as they plan to launch a product or a service that can attract a lot of investors and grow the demand. 

The problem is that many of these projects don’t have any service, or product to launch which will make them valuable and they are created just for hype or for a joke. It is extremely crucial to be able to differentiate the speculative coins and the new cryptos with new and exciting features and not to invest in everything that comes your way. 

It means that the process includes a lot of research during which you need to explore its roadmap, white paper, presale events, features, popularity in the market, etc. If you think it may take you a lot of time, you can find the best low market cap cryptos in our recommendation list which we selected based on thorough research and analyses of different cryptocurrencies. 

Is It a Good Idea to Invest in Low Cap Cryptocurrencies?

If you still can’t decide on investing in low cap cryptocurrencies, you may need some information about their profitability that can help you make a better decision. Here are some benefits you can get by purchasing low cap crypto gems. 

Affordable for Beginners

Though low cap cryptos are not well-established and can be a risky investment, they are extremely cheap cryptocurrencies and cost below $1. It means that you can purchase a great number of tokens by investing as low as $50 to $100. Investing in such low amounts also significantly reduces the risk of losing too much money as long as you will lose little money if the crypto crashes. 

High Profitability 

The next good thing about the low cap coins is that most of them are undervalued and have huge potential for growth. The prices of such tokens fluctuate in high volumes, which makes them a profitable investment. For example, if a coin valued at $0.002 increases to $0.02 it will experience huge growth which will bring you good rewards. So if you buy it spending $100 when its price is $0.002 and sell it when it’s valued at $0.02 you will earn $1000 (not considering the fees) gaining ten times higher than you have invested. 

You Can Stake to Earn Passive Income

Many low market cap cryptos are built on blockchains that operate based on the PoW consensus mechanism. It means that those holding tokens can lock up their assets for a while and contribute to network security and development. Instead, they are rewarded with new tokens. So, if you buy tokens as a long-term investment, you can take advantage of them and stake them to generate passive income. See our full guide to staking.

Multiple Use Cases

If you invest in cryptocurrencies that serve a sophisticated DeFi project with exciting features, you can also make use of its multiple functions. They act as the native token of that platform and are used for various purposes within its network. For example, they can be used to buy in-game items, develop your avatars, give access to various services, etc. Many of these projects also have play-to-earn elements so you can use these tokens to invest in your character within these platforms and generate rewards by playing or using the platform.

How to Buy Low Cap Crypto Coins?

When you already know what low market cap cryptos are and have selected which coins you want to buy, you may be curious about how to invest in low cap cryptos. To walk you through the whole process we have prepared 2 step-by-step guides that explain how to buy low cap coins with eToro and OKX. 

How to Buy Low Cap Crypto Coins OKX

Tamadoge is one of our most recommended low cap cryptos to buy, which has been recently listed on the OKX cryptocurrency broker. So, here is a detailed guide explaining how to buy TAMA tokens with OKX. 

Step 1: Sign up for an Online Account

To buy cryptocurrencies on its platform, OKX requires you to have an online account. Your first step is to visit the website of the broker and start signing up for an account if you don’t have one. The account-creating process is quite simple with OKX which simply requires you to provide your email address and create a strong password for your account. Once you have an account you can browse the platform to explore its features and tools. 

Step 2: Verify Your Account 

However, having an account with OKX is not enough to buy tokens on it. Your next step is to verify your account and provide your identity. To do this, visit the verification section, select an individual account and provide the required details, including nationality, your full name, and ID number. 

Step 3: Buy USDT with a Fiat Currency

Once OKX verifies your account you can start buying TAMA tokens. OKX supports buying tokens both with fiat currencies and other cryptocurrencies. It means that you don’t need to have a digital crypto wallet with cryptos on it beforehand and can buy tokens through your bank card. Still, there are cryptos that are not available to buy with fiat currency, including TAMA. So you need to buy another coin and convert it with TAMA tokens. 

As USDT is a stablecoin it is not as volatile as other cryptocurrencies. It is a good choice to buy and exchange with TAMA tokens. To buy a USDT coin, click on the “Buy with Card” option in the “Buy Crypto” section and fill in the number of coins you want to purchase. The next step is to provide your card details to finish the transaction. 

Step 4: Buy Tamadoge with USDT

Now when you have USDT tokens you can easily swap them with TAMA tokens. Visit the “Markets” section and search for TAMA coin. Click on the “Trade Now” button and you will be navigated to a page where you can analyze the current market condition of the token with a price graph. You will also see two separate sections for buying and selling the TAMA tokens. Use the Buying window to fill out the number of TAMA coins you want to purchase and make the transaction. 

See our full review of OKX exchange.

How to Buy Low Market Cap Crypto Coins on eToro

eToro supports a wide selection of low cap tokens, including some of our recommended coins. In this part of the guide, we will explain how to buy Compound tokens with eToro. 

Step 1: Create an Online Account with eToro

As eToro is a heavily regulated and secure brokerage platform it is required to have a verified account with this broker to start trading with it. You need to accomplish some simple steps to open an eToro account. First thing is to visit eToro’s website and click on the “Sign up” button to provide the necessary details and create your account. The data includes some personal data, address, birth date, email, etc. 

To complete the process you need to also verify your account. eToro has 4 stages of verification but all of them are quite simple if you have the required documents. You go through the first 2 stages when you open your account. These are email and address verifications that are straightforward and quick. The next stage is ID verification which you must do with a copy of your passport or ID or a driver’s license copy. Finally, you need to do address verification with a bank document or a utility bill. 

Step 2: Deposit Funds on Your Account

If you provide the necessary documents, eToro will quickly verify your account after which you can charge your account to start trading with the broker. eToro supports fiat currencies which you can deposit into your account with multiple options. The quickest method is the bank card option, which includes both credit and debit cards. The slowest option is bank transfer, but you also have an e-wallet option as eToro supports Neteller, Paypal, and Skrill transactions. 

All the methods are free to use and charge no deposit fees. However, you will need to pay a small conversion fee for non-USD contracts. eToro requires a $10 minimum deposit to allow you to trade on its platform and the minimum trade is $10, which means you can start trading with eToro investing as low as $20. After selecting the payment method, follow eToro’s instructions to provide the details of your payment method and charge your account. 

Step 3: Search the Coin You Want to Buy

If you have selected which low market cap coin you want to buy on eToro simply put its name in the search toolbar and click the first results. In our case, it’s Compound, so we need to write COMP which is the ticker of the coin. If you have not selected a token to buy you can visit the cryptocurrency markets section to find out what tokens eToro supports and select from the list. 

Step 4: Buy Compound at eToro

When you find the token to buy, you will navigate to a separate page about that coin with a lot of information and news about the coin and some tools to analyze it. After making the final decision, start the buying process and finish the transaction by filling in the number of coins you want to purchase. 

Conclusion

One of the best methods to invest in cryptocurrencies and earn money quickly is finding and purchasing newly launched tokens that have low market capitalization. Though these coins are not as valuable as the ones that are quite popular and well-established, they have room for growth and can bring you huge returns in the future. 

Summarizing the guide, we have introduced here the top low cap cryptocurrencies that stand out with unique features and look quite promising. Our top recommended crypto is Dash 2 Trade which is still in the presale stage. You can invest in spending as low as $0.023 for each token and benefit when it gets officially listed and increases in value. 

Tamadoge is another highly recommended cryptocurrency project with a lot of play-to-earn elements that attract several gaming enthusiasts. It has just launched its TAMA token officially which is not only an excellent tradable asset but can also be used to gain access to the Tamaverse’s platform and play the game to earn money.

FAQs