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05.01 - 18:55
Hoping multibagger returns, crypto punters betting on penny coins
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economictimes.indiatimes.comCryptocurrency investors are doing the same — parking their money in small-cap cryptos and praying for a windfall. But experts say this could be risky. There are over 6,000 virtual currencies and tokens circulating around the world, and spotting a multi-bagger early on is near impossible, they say. Much like in the stock market, the world of cryptocurrencies also has large-, mid- and small-cap coins and tokens.
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Iloilo City, a city in the Philippines, is the first city in the Asia Pacific where 3 luxury residential properties were sold in exchange for cryptocurrencies in 2019
View Details »A ‘small-cap crypto’, or ‘penny crypto’, is a currency with a market capitalisation (Mcap) usually in the $5–15 million range,
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