Search
Search

Best Low Supply Cryptocurrency To Buy in 2024

0
0

740 Listen to this article What is Best Low Supply Cryptocurrency? Cryptocurrencies with low supply are often referred to as […]

Latest News

Listen to this article

What is Best Low Supply Cryptocurrency?

Cryptocurrencies with low supply are often referred to as “crypto gems” because they have the potential to generate large returns for investors. This is because the limited supply of these coins can lead to higher prices as demand increases.There are a few reasons why a low supply is good for crypto. First, it creates scarcity, which can drive up prices. When there are a limited number of coins available, each coin becomes more valuable. This is because buyers are willing to pay more for a scarce asset.Second, low supply can lead to higher demand. When investors know that there are only a limited number of coins available, they may be more likely to buy them, in order to avoid missing out on potential gains. This increased demand can also drive up prices. Third, low supply can make it more difficult for whales to manipulate the market. Whales are large investors who can buy and sell large amounts of cryptocurrency, which can have a significant impact on prices. However, if the supply of a coin is low, whales will have less control over the market, which can make it more stable for smaller investors.Of course, there are also some risks associated with investing in low supply crypto gems. One risk is that the project may not be successful. If the coin does not have a strong team or a viable use case, it may not be able to attract enough users and investors, which could lead to a decline in price.Another risk is that the coin may be subject to pump and dump schemes. These are fraudulent schemes where a group of investors artificially inflate the price of a coin, then sell it off at a profit, leaving other investors holding the bag. Despite the risks, low supply crypto gems can be a good investment for investors who are willing to take on some risk. If you are considering investing in a low supply crypto gem, it is important to do your research and only invest in projects that you believe have the potential to succeed.

Best Low Supply Cryptocurrency to be Accumulated in the Bear Market

  1. Maker(MKR) : Maker (MKR) is the governance token for the Maker Protocol, a decentralized finance platform enabling users to create DAI, a stablecoin tied to the US dollar, using crypto collateral. With a capped supply of 1 million tokens, MKR’s scarcity, coupled with the protocol’s potential growth, positions it as a potentially valuable asset in the cryptosphere.
  2. Compound (COMP) : Compound, a leading decentralized lending platform in the DeFi sector, oversees the lending and borrowing of cryptocurrencies, boasting over $10 billion in TVL. Its native token, COMP, serves dual purposes: settling interest on loans and facilitating governance votes. With a capped supply of 10 million tokens, COMP’s limited availability positions it as a potentially appreciating asset in the crypto market.
  3. Quant (QNT) : Quant operates as a blockchain platform bridging multiple blockchains and distributed ledgers, facilitating secure and smooth data and asset transfers across networks. With a restricted supply of 14.6 million tokens, Quant’s limited availability positions it as a potentially appreciating asset in the cryptocurrency landscape.
  4. Aave (AAVE) : Aave (AAVE) operates as a decentralized lending platform in the DeFi sector, enabling the lending and borrowing of cryptocurrencies. As a standout protocol, it boasts over $16 billion in TVL. With a maximum supply of 16 million tokens, the limited nature of AAVE underscores its potential as a valuable asset, possibly influencing its future price appreciation.
  5. Gnosis (GNO) : Gnosis (GNO) is a decentralized prediction market platform that allows users to bet on the outcomes of events. As a pioneer in the crypto-based prediction market domain, it has cemented its place over time. With a capped supply of 10 million tokens, the inherent scarcity of GNO positions it as a potentially valuable asset, hinting at potential price growth in the future.
  6. Yearn Finance (YFI): Yearn Finance (YFI) is a leading DeFi project on the Ethereum blockchain that functions as an automated yield aggregator. It is designed to optimize users’ crypto returns, establishing itself as a premier player in the decentralized finance landscape.
  7. Numeraire(NMR): Numerai operates as a decentralized prediction market platform, harnessing the power of artificial intelligence to produce forecasts. Standing out as a trailblazer, it’s recognized as one of the most forward-thinking ventures in the cryptocurrency realm.
  8. Decentralized Social (DESO): Decentralized Social (DESO) is a blockchain-driven social media platform with a mission to shift control from major corporations, aiming for broader decentralization. It emerges as one of the most promising endeavors in the cryptocurrency domain.
  9. MetisDAO: MetisDAO offers a layer-2 scaling solution for Ethereum, streamlining the creation and deployment of decentralized applications (dApps). It stands out as one of the most anticipated projects within the Ethereum ecosystem.
  10. MUX Protocol(MCB): MetisDAO offers a layer-2 scaling solution for Ethereum, streamlining the creation and deployment of decentralized applications (dApps). It stands out as one of the most anticipated projects within the Ethereum ecosystem.
Read Also:  Best Crypto Utility Tokens To Know in 2023

Here are the Top 10 low supply crypto gems recommended to accumulate

1. Maker (MKR)


Maker (MKR)
is the native governance token of the Maker Protocol, a decentralized lending platform. The Maker Protocol allows users to mint DAI, a stablecoin pegged to the US dollar, by depositing collateral in the form of other cryptocurrencies. MKR has a limited supply of 1 million tokens, which makes it a scarce asset. This scarcity, combined with the potential for the Maker Protocol to grow in popularity, could make MKR a valuable investment.

Here are some of the reasons why you should consider buying MKR:

  • Low supply: As mentioned earlier, MKR has a limited supply of 1 million tokens. This means that there is a finite number of MKR tokens that can ever be created, which makes it a scarce asset. Scarcity can drive up the price of an asset, as demand for it increases.
  • Potential for growth: The Maker Protocol is a decentralized lending platform that has the potential to grow in popularity. As more people use the Maker Protocol, the demand for MKR could increase, which could drive up the price of the token.
  • Governance token: MKR is the governance token of the Maker Protocol, which means that holders of MKR have the right to vote on important decisions about the protocol. This gives MKR holders a vested interest in the success of the Maker Protocol, which could further drive up the price of the token.
  • Staking rewards: MKR holders can stake their tokens to earn rewards. This is a way to earn passive income on your MKR investment.

Market and Supply data:

Price$1,127.40
Max Supply1,005,577 
Circulating Supply977,631 
Market Cap$1,102,450,540
Fully Diluted Market Cap$1,134,111,829
All Time High$6,339.02
All Time Low$21.06
Coinography

2. Compound (COMP)

Operating as a decentralized lending platform, Compound facilitates the lending and borrowing of cryptocurrencies. It is one of the most popular decentralized finance (DeFi) protocols, with over $10 billion in total value locked (TVL). Within the Compound protocol, COMP stands as the inherent token. It is used to pay interest on borrowed funds, as well as to vote on changes to the protocol. Compound has a limited supply of 10 million tokens. This makes it a scarce asset, which could drive up its price in the future.

Here are some of the reasons why you should consider buying COMP:

  • Low supply: As mentioned earlier, COMP has a limited supply of 10 million tokens. This means that there is a finite number of COMP tokens that can ever be created, which makes it a scarce asset. Scarcity can drive up the price of an asset, as demand for it increases.
  • Growing popularity: DeFi is a rapidly growing space, and Compound is one of the leading DeFi protocols. As DeFi continues to grow, the demand for COMP could increase, which could drive up the price of the token.
  • Governance token: COMP is the governance token of the Compound protocol, which means that holders of COMP have the right to vote on important decisions about the protocol. This gives COMP holders a vested interest in the success of the protocol, which could further drive up the price of the token.
  • Staking rewards: COMP holders can stake their tokens to earn rewards. This is a way to earn passive income on your COMP investment.

Market and Supply data:

Price$37.37
Max Supply10,000,000 
Circulating Supply7,824,593 
Market Cap$292,399,877
Fully Diluted Market Cap$373,693,391
All Time High$911.20
All Time Low$25.55
Coinography

3. Quant (QNT)

Quant is a blockchain-based platform that connects different blockchains and distributed ledgers. It allows for the secure and efficient transfer of data and assets between different networks. Quant has a limited supply of 14.6 million tokens. This makes it a scarce asset, which could drive up its price in the future.

Here is why you should consider buying Quant:

Quant has the potential to revolutionize the way we interact with the world’s financial systems. By providing a secure and efficient way to connect different networks, Quant could make it easier for businesses to trade with each other, for individuals to send money to friends and family, and for governments to track and manage their assets. Quant is still in its early stages, but it has already attracted the attention of some of the biggest names in the blockchain industry. In 2021, Quant raised $100 million in a Series B funding round led by Sequoia Capital.

Read Also:  What makes cryptocurrency go up?

The Quant team is also composed of some of the brightest minds in the blockchain space. The company’s CEO, Gilbert Verdian, is a former Goldman Sachs executive and the co-founder of the Linux Foundation’s Hyperledger project. With a limited supply, a strong team, and a big vision, Quant has the potential to be a major player in the blockchain industry. If you are looking for a low supply crypto gem with the potential to grow in value over time, Quant is a good option to consider. Of course, there are also some risks associated with investing in Quant. The blockchain industry is still in its early stages, and there is always the risk of failure. Additionally, the price of Quant is volatile, and it could lose value if the blockchain market does not succeed.

Overall, Quant is a low supply crypto gem with the potential to grow in value over time. Yet, conducting personal research prior to any cryptocurrency investment remains crucial.

Market and Supply data:

Price$98.15
Max Supply14,881,364 
Circulating Supply12,072,738 
Market Cap$1,184,957,796
Fully Diluted Market Cap$1,460,628,756
All Time High$428.38
All Time Low$0.1636
Coinography

4. Aave (AAVE)

Functioning as a decentralized lending platform, AAVE facilitates the lending and borrowing of cryptocurrencies. It is one of the most popular decentralized finance (DeFi) protocols, with over $16 billion in total value locked (TVL). With a capped supply of 16 million tokens, AAVE’s availability is limited. This makes it a scarce asset, which could drive up its price in the future.

Why you should consider buying AAVE:

Imagine a world where you can borrow and lend cryptocurrencies without having to go through a bank. This is the promise of AAVE, a decentralized lending protocol that is changing the way we think about finance. AAVE is a peer-to-peer lending platform that allows users to lend and borrow cryptocurrencies without having to trust a third party. This makes it a more secure and efficient way to borrow and lend money.

AAVE is also more transparent than traditional lending platforms. All transactions on the AAVE protocol are recorded on the blockchain, which means that everyone can see how much money is being lent and borrowed.

In addition to being a secure and transparent lending platform, AAVE is also very liquid. This means that it is easy to buy and sell AAVE tokens, which makes it a good investment for both long-term and short-term holders. AAVE is also backed by a strong team of developers and investors. The AAVE team is composed of some of the most experienced people in the blockchain industry, and the project has been backed by some of the biggest names in venture capital. With a limited supply, a strong team, and a clear vision, AAVE has the potential to be a major player in the DeFi space.

If you are looking for a low supply crypto gem with the potential to grow in value over time, AAVE is a good option to consider. Of course, there are also some risks associated with investing in AAVE. The DeFi space is still in its early stages, and there is always the risk of failure. Additionally, the price of AAVE is volatile, and it could lose value if the DeFi market does not succeed.

Market and Supply data:

Price$54.82
Max Supply16,000,000 
Circulating Supply14,534,962 
Market Cap$796,491,076
Fully Diluted Market Cap$876,878,802
All Time High$666.86
All Time Low$26.02
Coinography

5. Gnosis (GNO)

Serving as a decentralized prediction market platform, Gnosis empowers users to wager on event outcomes. It is one of the oldest and most established prediction markets in the cryptocurrency space. Gnosis has a limited supply of 10 million tokens. This makes it a scarce asset, which could drive up its price in the future.

Here are some of the reasons why you should consider buying GNO:

  • Low supply: As mentioned earlier, GNO has a limited supply of 10 million tokens. This means that there is a finite number of GNO tokens that can ever be created, which makes it a scarce asset. Scarcity can drive up the price of an asset, as demand for it increases.
  • Established platform: Gnosis is one of the oldest and most established prediction markets in the cryptocurrency space. This means that it has a proven track record and a large user base.
  • Active community: Gnosis has an active and engaged community of users and developers. Such active engagement often indicates a promising future for the project.
  • Real-world applications: Gnosis is being used by a number of real-world organizations, such as Augur and DAOstack. This shows that there is a demand for its products and services.

Market and Supply data:

Price$100.57
Max Supply3,000,000 
Circulating Supply2,589,588 
Market Cap$261,036,883
Fully Diluted Market Cap$301,994,526
All Time High$1,088.87
All Time Low$7.05
Coinography

6. Yearn.Finance (YFI)

Yearn Finance (YFI) is an automated yield aggregator on the Ethereum blockchain that aims to maximize the returns of users’ crypto assets. Yearn Finance stands out as a leading DeFi project globally.

Read Also:  How To Buy Sensei Inu Token? Step By Step Guide

Here are some reasons why you should consider buying YFI:

  • Low supply: YFI has a limited supply of 30,000 tokens. This means that there is a finite number of YFI tokens that can ever be created, which makes it a scarce asset. Scarcity can drive up the price of an asset, as demand for it increases.
  • High APY: Yearn Finance offers high annual percentage yields (APYs) on users’ crypto assets. This is because it automatically farms and compounds interest on users’ funds across multiple DeFi protocols.
  • Governance token: YFI is a governance token, which means that holders of YFI tokens have voting rights on the future of the Yearn Finance project. This gives YFI holders a vested interest in the success of the project.

Market and Supply data:

Price$5,332.06
Max Supply36,666 
Circulating Supply33,060 
Market Cap$176,276,463
Fully Diluted Market Cap$195,512,770
All Time High$93,435.53
All Time Low$739.44
Coinography

7. Numeraire (NMR)

Numerai is a decentralized prediction market platform that uses artificial intelligence (AI) to generate predictions. It is one of the most innovative and promising projects in the cryptocurrency space.

Here are some reasons why you should consider buying NMR:

  • Low supply: Numeraire has a limited supply of 10 million tokens. This means that there is a finite number of Numeraire tokens that can ever be created, which makes it a scarce asset. Scarcity can drive up the price of an asset, as demand for it increases.
  • AI-powered predictions: Numeraire uses AI to generate predictions on a variety of topics, such as stock prices, sporting events, and political elections. This could be a valuable tool for investors and businesses who want to make informed decisions.
  • Strong community: Numeraire has a strong community of users and developers. Such robust community engagement often indicates a sustainable future for the initiative.
  • Active development: The Numeraire team is actively developing the platform. This shows that they are committed to making Numeraire a success.

Market and Supply data:

Price$13.18
Max Supply11,000,000 
Circulating Supply6,323,145 
Market Cap$83,335,313
Fully Diluted Market Cap$144,973,507
All Time High$168.49
All Time Low$1.93
Coinography

8. Decentralized Social (DESO)

Decentralized Social (DESO) is a blockchain-based social media platform that aims to decentralize the control of social media platforms from large corporations. It is one of the most promising projects in the cryptocurrency space.

Here are some reasons why you should consider buying DESO:

  • Low supply: DESO has a limited supply of 888,453,600 tokens. This means that there is a finite number of DESO tokens that can ever be created, which makes it a scarce asset. Scarcity can drive up the price of an asset, as demand for it increases.
  • Decentralized: DESO is a decentralized platform, which means that it is not controlled by any single entity. Such a structure enhances its resilience against censorship and undue influence.
  • Scalable: DESO is designed to be scalable, which means that it can be used by a large number of users without sacrificing performance.
  • Extensible: DESO is extensible, which means that it can be customized to meet the needs of different users and communities.

Market and Supply data:

Price$8.77
Max Supply10,808,492 
Circulating Supply8,884,536 
Market Cap$77,902,330
Fully Diluted Market Cap$94,772,164
All Time High$475.00
All Time Low$5.33
Coinography

9. MetisDAO (METIS)

MetisDAO is a layer-2 scaling solution for Ethereum that aims to make it easier to build and deploy decentralized applications (dApps). It is one of the most promising projects in the Ethereum ecosystem.

Here are some reasons why you should consider buying METIS now:

  • MetisDAO is still in its early stages: MetisDAO is a relatively new project, which means that it has the potential for significant growth. As the project matures and more dApps are built on MetisDAO, the demand for METIS tokens is likely to increase.
  • MetisDAO has a strong team: MetisDAO is backed by a strong team of experienced developers and entrepreneurs. Their collective experience showcases a history of accomplishments within the blockchain sector.
  • MetisDAO has a growing community: MetisDAO has a growing community of developers and users. Such active community engagement often bodes well for the project’s sustained success.
  • MetisDAO is compatible with Ethereum: MetisDAO is compatible with Ethereum, which means that it can be used to build dApps that are interoperable with other Ethereum dApps. This could make it more attractive for developers to build dApps on MetisDAO.

Market and Supply data:

Price$11.14
Max Supply10,000,000 
Circulating Supply4,466,403 
Market Cap$49,767,449
Fully Diluted Market Cap$111,426,248
All Time High$323.00
All Time Low$3.29
Coinography

10. MUX Protocol (MCB) /Formerly MCDEX

MUX Protocol is a decentralized finance (DeFi) platform that allows users to trade and leverage their assets across multiple blockchains. It is one of the most promising projects in the DeFi space.

Here are some reasons why you should consider buying MCB:

  • Low supply: MUX Protocol has a limited supply of 10 million tokens. This means that there is a finite number of MCB tokens that can ever be created, which makes it a scarce asset. Scarcity can drive up the price of an asset, as demand for it increases.
  • Cross-chain trading: MUX Protocol allows users to trade and leverage their assets across multiple blockchains. This makes it more convenient and efficient for users to manage their assets.
  • Leveraged trading: MUX Protocol allows users to leverage their assets, which means that they can borrow money to increase their trading positions. While this has the potential to magnify gains, it equally heightens the risk of losses.
  • Active community: MUX Protocol has a growing community of developers and users. Such community dynamism often suggests a promising trajectory for the project’s future.

Market and Supply data:

Price$9.40
Max Supply10,000,000 
Circulating Supply3,821,523 
Market Cap$35,900,238
Fully Diluted Market Cap$94,046,817
All Time High$67.86
All Time Low$0.9507
Coinography

Disclaimer: It’s crucial to note that the cryptocurrency landscape is marked by inherent volatility, with prices subject to rapid changes. Always conduct thorough research and seek advice from financial experts prior to any investment actions.

0 0 votes
Article Rating
Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments

Get Latest Updates

Latest News

Web Stories

Latest News

0
Would love your thoughts, please comment.x
()
x
Scroll to Top
Crypto Whale Splurges $10.4 Million on Meme Coin PEPE SOL Price Nearing Support as On-Chain Activity Dips for Solana Penguiana Meme Coin’s Presale Achieves Success, Raising 290 SOL Solana to Bitcoin Bridge, Zeus Network, Set for Debut in Q3 2024 DeFi Lending Leader Aave Unveils V4 Protocol Overhaul MicroStrategy (MSTR) Incurs Losses in Q1 After Digital Asset Impairment Takes Toll Upbit Emerges as Top Five Crypto Exchange, Posing Challenge to Binance, Coinbase Tether’s TON Blockchain Entry Reaches $60M: CEO Content SHIB News: 700M Tokens Burned, Shiba Inu Targets $0.00004 Polkadot Relay Chain Upgrade Plan and 10M DOT Prize Initiative TON Network Surpasses $140M TVL as Toncoin Price Skyrockets Bitcoin Falls Below $60,000 After Israel’s Strike on Iran Ragnarok Joins Web3 via Ronin and Gravity Collaboration Worldcoin Announces “Human Centric” Blockchain: World Chain Dubai Flood Spurs Blockchain Life 2024 Airdrop ZachXBT Reveals Frauds on Ethereum Layer-2 Networks Winklevoss Twins Invest $4.5M BTC in Bitcoin Soccer Club VeChain and UFC Unveil Tokenized Gloves Collaboration Web3 Credentials Platform Galxe Goes Live with Mainnet Launch El Salvador’s Newest Hilton Leverages Tokenized Bitcoin Debt