Apart from several rare instances wherein
small market cap cryptocurrencies like FunFair increased for a brief period of time, the majority of cryptocurrencies in the market moved up and down simultaneously.
SNOV is
a smaller market cap cryptocurrency that specializes in decentralized lead generation.
Not exact matches
And though the platform will start off limited to
cryptocurrencies with large
market caps, the co-founders would also like to expand the infrastructure to support
smaller assets, such as tokens sold during initial coin offerings (ICOs).
Throwing shade on the significant growth experienced by the ecosystem this year, he stated that the approximately $ 230 billion
cryptocurrency market cap was «not even the size of some of the
smaller currencies» that UBS would include in its portfolio.
And while he's got exposure to the main digital coins, he likens the digital tokens being issued in upcoming ICOs to
small -
cap stocks — high growth potential coupled with high risk — making them an interesting way to play the
cryptocurrency markets.
The
market cap of the
cryptocurrency market does look impressive, but relatively it is still
small fry.
Since the ICO
market cap is fairly
small compared to the entire
cryptocurrency market, large buyers can easily manipulate an ICO and provide unfair benefits to a
small group of people at the expense of the rest of the community.
Akin to how capital flows en masse from speculative
small -
cap stocks into «blue chips» and gold in times of economic turmoil, the helpless
cryptocurrency market has seen investors ditch altcoins — often bought into based on little more than a rudimentary prototype, or worse still, an abstract concept — in favour of the pioneering
cryptocurrency, Bitcoin (BTC).
Akin to how capital flows en masse from speculative
small -
cap stocks into «blue chips» and gold in times of economic turmoil, the helpless
cryptocurrency market has seen investors ditch altcoins - often bought into based on little more than a rudimentary prototype, or worse still, an abs...