Passion
Identifying and investing in micro-caps has been a passion of mine since my early days in Crypto. Seeking out hidden gems became a viable approach to altcoin investing, especially in the early days. As the market has matured, it’s become increasingly difficult to locate projects with enormous upside potential. The previous cycle gave us Solana, a project that rallied to astronomical highs.
Solana’s ICO price was somewhere in the twenty-cent domain, around $0.23 if my memory serves me well. Solana then rallied as high as $293 in 2021. Another mover was Unibright (UBT), which rallied 460X. These are big moves, which have become somewhat of a rarity. Bonk was a big mover in late 2023 and 2024. However, it never surpassed the 100X mark, revealing how scarce large moves have become.
Taraxa was another micro-cap that yielded a 30X return, but then decided to surrender much of its gains to a constrained and subdued altcoin market. Kaspa was a bit of a wild card that rewarded investors in the heart of a bear market, something I have never seen before. Any way you look at it, the game has indeed changed. It’s become more of an art than anything else.
Finding a 100X altcoin gem in the current market has become almost unheard of. Much of it comes down to good fortune and being in the right place at the right time. This is why participating in TGEs via airdrops and DePIN projects is a great idea. They might not give you your next 100X success story. However, they may offer a decent return, especially since no investment capital is required.
Silencio’s SLC token and DeNet’s upcoming token are two tokens that I am particularly bullish on. SLC is trading at all-time high levels, and DeNet is getting ready for its TGE. Silencio’s market cap is just below $10 million, making it an obvious choice, especially given the latest developments. DeNet is focused on decentralized storage, a sector likely to offer a decent market cap once launched.
Final Thoughts
Yes, the game has changed, and even though we might still see a stunning Altcoin Season, it’s unlikely we will see 500X returns as in previous cycles. These are merely my views and should not be considered investment advice. All the best, happy hunting, and I will see you in the next one!
Disclaimer
First of all, I am not a financial advisor. All information provided on this website is strictly my own opinion and not financial advice. I do make use of affiliate links. Purchasing or interacting with any third-party company could result in my receiving a commission. In some instances, utilizing an affiliate link can also result in a bonus or discount.
This article was first published on Sapphire Crypto.
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