Wed. Jul 24th, 2024

The Best Coins under 50M Market Capitalization

By Bullcoins.info May 3, 2024

Introduction

These are the Top 5 Coins that are currently under 50,000,000 $ Market Capitalization. This list doesn’t constitute financial investment advice, it is compiled based on the current situation on the blockchain and is intended solely for market speculation and estimation. One thing that all of these coins have in common is that they were all once valued at over 100,000,000 $ but due to the fluctuation of prices through the years they have been positioned under 50M for a long period and are again starting to make a comeback towards and over that mark.

Strike (STRK)

Strike is a DeFi lending protocol that allows users to earn interest on their cryptocurrencies by depositing them into one of several markets supported by the platform.

When a user deposits tokens to a Strike market, they receive sTokens in return. These sTokens represent the individual’s stake in the pool and can be used to redeem the underlying cryptocurrency initially deposited into the pool at any time. For example, by depositing ETH into a pool, you will receive sETH in return. Over time, the exchange rate of these sTokens to the underlying asset increases, which means you can redeem them for more of the underlying asset than you initially put in — this is how the interest is distributed.

Linear Finance (LINA)

Linear is a decentralized delta-one asset protocol capable of instantly creating synthetic assets with unlimited liquidity. The project opens traditional assets like commodities, forex, market indices and other thematic sectors to cryptocurrency users by supporting the creation of “Liquids” — Linear’s synthetic asset tokens.

The protocol consists of various products like Linear.Buildr, a DApp used to manage Liquids using Linear (LINA) and other tokens as collateral. The exchange is specifically created to enable trading of a variety of Liquids with rapid confirmation times and robust security.

Gaimin (GMRX)

Merging the worlds of decentralized computation and gaming to scale compute while you have a blast! $GMRX: A token for our entire economy and our fully-built, plug-and-play cloud computing, games distribution and gamer experiences platform

Decentralized computation: 1. Targeting the 1.6 billion desktop gamers globally. 2. Biggest active decentralized GPU sharing network. 3. Automatic GPU monetization (AI, Render & Mining Jobs).

Thunder Core (TT)

ThunderCore is based on decentralized trust. Users have to trust neither the consensus nodes, nor the accelerator. Users only need to trust the honest majority for ThunderCore to be secure (which is the same for standard blockchains).

ThunderCore and Ethereum use the same virtual machine (EVM). As such, smart contracts that run on Ethereum can run on ThunderCore as well, which means that ThunderCore supports coding languages that Ethereum supports; including Solidity, Vyper, etc.

The Root Network (ROOT)

At the heart of the network infrastructure and protocols in the open metaverse is The Root Network (TRN).

The Root Network is the core blockchain infrastructure designed with a strong emphasis on user onboarding, aiming to improve the web3 experience. While the initial onboarding process in web3 lacks user-friendliness and safety features compared to web2, once users are onboarded, web3 offers superior privacy and flexibility in handling assets and data.

The Root Network has the following main elements:

-Substrate Core

-EVM Support for Smart Contracts

-Custom Runtimes

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