5 Small-Cap Crypto Gems Below $1 with High Investment Potential

There is no better time to find some gems to invest in than around and before Bitcoin halving. When the market is mostly in the green, some tokens show more potential than others, sometimes even more than Bitcoin itself. Tokens that have surpassed Bitcoin's growth during past halvings were mostly the ones with a small cap. Today, we'll go through five of them that have a price lower than $1 but have the potential to rise significantly.

1. CHO 

For about 7 years now, the team behind Choise.com has been onboarding new people to crypto and giving crypto enthusiasts a chance to earn more through their solutions. Just recently, the founder, Vlad Gorbunov, and the team announced their game-changing entry into the B2B sector. Backed by pure expertise, Choise.com has a user base in over 170 countries, with more than 1 million people using their solutions, and this B2B shift can only expand on these numbers. Less than a year ago, the same team founded Vault, a B2B company offering white label digital/crypto banking solutions, which is already as successful as Choise.com, boasting over 54 contracts and millions in revenue. Now, Choise.com and Vault are merging into Choise.ai, forming a broader ecosystem.

Why is all of this important? CHO is the token launched by Choise.com for use and staking. Now, people who stake CHO will receive up to 20% of the entire Vault's revenue. Speculations about these developments have driven the CHO’s value up by 800% since the beginning of the year, yet, now, there is another factor that may contribute to the token’s growth. The team has just unveiled plans for the upcoming release of the VLT token, exclusively distributed among CHO holders. They will be able to receive anywhere from 20% to 150% worth of VLT tokens (that will not be available for purchase on the secondary market) scheduled to go live in the next 30 to 60 days.

Choise.com also recently announced the ability for users to order virtual crypto-powered Mastercards via their platform. Since it's almost impossible to ignore the steady stream of updates from the team over recent times, it's only natural to anticipate some more exciting news that may drive CHO's price even higher.

2. SUKU

The SUKU Protocol offers a seamless onboarding process to Web3 with no setup or seed phrase required. Currently, SUKU is constructing a crypto wallet tailored for social media, enabling users to utilize their Twitter handles as crypto addresses. Additionally, they are introducing SUKU Distribute, a program facilitating the transfer of crypto and NFTs via social media channels. Last SUKU's initiative, SUKU This, is actually a widget that will enable minting and collecting tweets as NFTs.

There are rumors circulating on Reddit suggesting that the recent surge in the SUKU token's value is due to retail investors injecting funds. The token has risen by 44% in the past month and experienced an 88% increase since yesterday. However, certain indicators suggest that there have been no concrete announcements or indications regarding the release of any associated tools. This leads to speculation that the current price surge may be merely an inflated market response.

3. VAI

VAIOT is a project that connects blockchain and AI and combines their capabilities into a virtual assistant accessible to customers and businesses. This assistant can write contracts, offer legal services, automate basic legal processes, and simplify communication distribution among other things. VAI tokens can be staked, used as a payment method for VAIOT solutions, wield voting power, act as a bidding medium, and more.

VAIOT is on the verge of launching a new version of its virtual assistant on April 16th, offering beta testers the opportunity to earn rewards of up to $8000. However, upon examining the monthly chart, it becomes evident that VAI has already experienced a 29% decline compared to last month. It is plausible that the price peaked at $0.38 and is now on a downward trajectory.

4. AKRO 

Founded in 2017, Akropolis was initially a platform that assisted developers in creating DeFi products and services, including lending, saving, and investing. In 2022, it transitioned into a DAO and currently serves as a frontend provider for liquidity troves and staking and optimizes yields through yVaults. As usual, their native token, AKRO, is utilized for governance and community activities.

AKRO has experienced a 20% price increase in the last 7 days. However, no significant news or product updates have been released during this period or in the last 30 days. We witnessed a significant outflow of ACRO from Binance last August, with over $5 million worth of tokens withdrawn from the exchange, only to be subsequently returned. This situation appears somewhat suspicious and suggests that the current price may be artificially inflated.

5. FIS 

StaFi is a liquid staking protocol that allows users to stake their tokens (BNB, MATIC, SOL) across chains without having to lock them. Not only that the protocol allows users to earn staking rewards but it also makes it possible for them to retain the ability to trade them in the meantime. The FIS token is the primary token of the StafiChain and it is linked to the staking, trading, and mining activities.

The StaFi team announced a rebranding in March and introduced a burning mechanism for the tokens, which is deflationary and positively affects the price. Yet, the token is nearing the resistance zone, potentially signaling a breaking point. Therefore, potential investors should wait for confirmation of the trend before making any decisions.

Summary 

Everyone can discern the allure of making millions in crypto, and it's evident that overnight wealth is unrealistic. However, decent profits can still be achieved through diligent research on projects. All the coins mentioned in this article have the potential to multiply tenfold after halving, and undoubtedly, many others are waiting to be discovered. Still, it's important to always bear in mind that investing carries risks, and opting for the least risky option, such as CHO in this case, is advisable. Furthermore, there's a hint of an impending airdrop on Choise.ai, so it's worthwhile to keep an eye on the website if you're interested in snagging some freebies. 

Source: https://thebittimes.com/5-small-cap-crypto-gems-below-1-with-high-investment-potential-tbt85159.html