Big Cap, Mid Cap, Small Cap, and Micro Cap trends (turnover)
When Market Makers see a favorable backdrop for cryptocurrencies, they first invest in the more stable Big Caps.
After their growth, they sell part of these assets to reinvest in Mid Cap, then Small Cap, to optimize their gains.
Now that we’ve laid the groundwork, let’s review 3 promising Small Cap and Micro Cap cryptocurrencies that could experience significant growth in 2023.
1- Hera Finance (HERA)
Hera Finance is a multi-chain DEX aggregator that helps consolidate liquidity across different decentralized finance (DeFi) protocols.
It uses artificial intelligence to find the best transaction routes between two tokens across multiple blockchains, which reduces slippage and improves trading efficiency.
The HERA token
The HERA token is the governance token of the ecosystem and has various utility functions, such as redemptions and staking.
Staking HERA tokens allows users to earn rewards and benefit from reduced swap fees.
As of the publication date of this article, HERA has a market capitalization of $10,400,000, which is particularly low. A low capitalization implies a greater exposure to significant variations, whether up or down.
Advantages and Challenges of HERA
Hera Finance stands out for its use of artificial intelligence to optimize transactions.
Its Pathfinder algorithm analyzes thousands of possible routes to find the best price and minimize user costs. Transactions can borrow up to five “hops” to get the best possible price.
Another advantage of Hera Finance is its multi-chain compatibility, which allows it to consolidate liquidity across multiple networks. The aggregator will gradually integrate different blockchains such as Optimis, Arbitrum, Aurora, Avalanche, Cronos, and Fantom.
Despite its strengths, Hera Finance still needs to overcome some challenges to become a major player in the market. The audit performed by HashEx identified several issues in the protocol code, some of which have already been resolved by the team.
Additionally, Hera Finance competes with well-established aggregators like 1inch.
What prospects for HERA?
The Hera Finance roadmap foresees many upcoming improvements, including the addition of new features and the integration of other blockchains. The year 2023 will be crucial for evaluating the performance of this innovative platform.
Hera Finance is therefore a promising project that aims to improve the efficiency of DEX exchanges through artificial intelligence and multi-chain compatibility.
Its integration with the Metis DAO ecosystem adds additional value and strengthens its position in the field of DeFi and blockchain.
However, the project is very “ early” and still has to meet some challenges to establish itself sustainably. And it is precisely for this reason that it is part of our top small crypto caps to watch!
2- Rollbit Coin (RLB)
Rollbit is a blockchain-based online casino platform, which has grown rapidly since its inception in February 2020.
It offers a variety of play-to-earn games, and sports betting and has even launched its collection of NFTs, the Rollbots.
Their latest project is the Rollbit Coin ($RLB ), which could well be an interesting investment for cryptocurrency enthusiasts.
The RLB token
The RLB is a utility token at the heart of the Rollbit ecosystem. Rollbots NFT holders and platform users can earn RLB passively by staking their tokens in the Rollbit NFT marketplace.
Rollbit coin, a promising project?
The Rollbit team has shown excellent execution, launching new products and listening to feedback from the community.
Also, Rollbit has a solid financial base, with profits estimated at $50 million in 2022 from its casino business.
Rollbit founder Razer recently hinted that new features could be added to the RLB that could potentially increase its usefulness and value. The team is also working on listing the token on an exchange like Binance, Bybit, or Biget.
3- Golden Inu (GOLDEN)
Golden Inu is a brand newcomer to the world of cryptocurrencies, which combines the universe of crypto-memes and the community approach.
Although the term may seem pejorative, they are part of the “Shitcoins” category just like Dogecoin (DOGE) or Shiba Inu (SHIB).
Here’s what you need to know about this fast-growing crypto.
Golden Inu: a community-centric cryptocurrency
Golden Inu ($GOLDEN) is a meme-like cryptocurrency that relies on a decentralized structure and strong community involvement, dubbed the “Golden Horde”.
The main objective of this project is to create a group of knowledgeable investors, able to exchange knowledge and deepen their understanding of cryptocurrencies.
Golden Inu has developed a rewards ecosystem called Golden Quest, which allows members of the Horde to be rewarded based on their skill and loyalty.
Currently, this ecosystem is based on three Web3 tools: Crew3, Quest3, and DeWork.
Prospects for Golden Inu
The team behind Golden Inu has big ambitions for the future of their cryptocurrency.
Ongoing projects include the listing of the $GOLDEN token on aggregator sites such as CoinMarketCap or CoinGecko (completed at the end of March 2023), the integration of NFTs into the ecosystem, and the launch of a staking platform and a table board for users (recently teased on their social networks).
With a public launch at the end of February 2023, it must be understood that the project is extremely “ early” and that the team is developing the ecosystem step by step.
Golden Inu, a good project?
GOLDEN seems to be a good token to diversify your wallet, exposing a small part of it for Hodl if the project goes viral, just like SHIB or DOGE.
Its ecosystem is based on the involvement of its community, the Golden Horde, and offers challenges and rewards to retain and train its members.
There is no doubt that Golden Inu is a cryptocurrency to watch closely in 2023!
Summary: Cryptocurrencies to watch in 2023
The recent boom in Bitcoin and the phenomenon of capital turnover could provide some interesting opportunities if you want exposure to small-cap / micro-cap cryptocurrencies. Golden Inu, and Hera Finance, are four examples of cryptocurrencies that could benefit from this trend and potentially see great growth in 2023.
However, it is important to remember that investments in Small Caps present higher risks.
Before investing in these cryptocurrencies or other assets, do your research to assess whether an investment fits your goals and risk tolerance!