I went balls deep into some low cap altcoins. I made some money on the Asko pump before it dumped to sub .04. They released a shitty website that looked so amateurish it was practically Askopunk77 levels. I’m eyeing Sparta right now. Binance has had my coins locked up for well over 14 days and I’ve watched it climb. Been watching it since it was priced at $.31.
My new one has a market cap of $4m and it’s called $DFT. This project is really neat with a low cap of around 500m coins. They have been working on a project called ‘AnyStake’ which lets you stake any ERC20 tokens. At launch, they’ll have 14 of them but will eventually add more down the line. Since you need to stake $DFT along with the ERC20 token you’re going to stake, it automatically incentivizes people to hold their tokens. I’m not entirely sure how they’re going to do it but testnet has launched and I haven’t heard of any hang ups yet. Their tokenomics are also really strong with a burning feature in place. And finally, they have something called 2nd chance in which you can switch the coins you may have had a rug pulled on you with a token they offer to trade. Pretty cool.
Obviously it would flop, and it’s high risk, but it may play out well. We’ll see.