When looking for a potential crypto project that could be 10x in value, good projects with a small market cap could offer this opportunity. With that, crypto projects, like most companies providing a service or product, could multiply in value depending on their performance.

"The early bird takes the worm" is a phrase that is very true when it comes to making massive gains off of starting crypto projects. But keep in mind to ensure that the project invested does have innate potential instead of just a dead-end project.

Examples of Failed Crypto Projects

While there are a lot of projects out there that do pretty well when it comes to pre-launch by building hype, not all of these projects perform well after they have launched. An example of this is OneCoin or ONE, as shared by Fool.

As a cautionary tale, ONE initially launched back in 2014 and was involved in early crypto frauds. To add, events were held worldwide, even calling itself a "Bitcoin killer" to only later reveal that it was a $4 billion Ponzi scheme using new money to pay old money.

Another example of this is BoringCoin or ZZZ, which was technically a memecoin that failed without ever hitting what Dogecoin was capable of doing. The coin had no hype, no pump, no dump, and basically, almost nothing happened to it.

Investing in crypto Projects

These cryptocurrencies remind investors to remain cautious when looking for something to invest in despite its promise of fame and fortune. With that, CryptoDep announced the top 10 projects with a market cap shy of just $10 million.

Here are the Top 10 Crypto Projects with Market Cap Under $10M

NFTD

• Market capitalization: 9.54 million
• Fully diluted market capitalization: 130 million
• 30-day price change: 163 percent
• Major exchange by volume: PancakeSwap

NTX

• Market capitalization: 9.51 million
• Fully diluted market capitalization: 80.1 million
• 30-day price change: unavailable
• Major exchange by volume: UniSwap

MAHA

• Market capitalization: 9.08 million
• Fully diluted market capitalization: 38.9 million
• 30-day price change: 8.03 percent
• Major exchange by volume: KuCoin

LOCG

• Market capitalization: 7.92 million
• Fully diluted market capitalization: 19.2 million
• 30-day price change: negative 44.1 percent
• Major exchange by volume: Gate.io

ILA

• Market capitalization: 7.71 million
• Fully diluted market capitalization: 211 million
• 30-day price change: unavailable
• Major exchange by volume: KuCoin

RIN

• Market capitalization: 7.66 million
• Fully diluted market capitalization: 82.4 million
• 30-day price change: negative 51.1 percent
• Major exchange by volume: Gate.io

SOLR

• Market capitalization: 7.60 million
• Fully diluted market capitalization: 189 million
• 30-day price change: negative 33.6%
• Major exchange by volume: Gate.io

LITH

• Market capitalization: 7.57 million
• Fully diluted market capitalization: 145 million
• 30-day price change: negative 46.8 percent
• Major exchange by volume: Okex

BNPL

• Market capitalization: 6.75 million
• Fully diluted market capitalization: 56.1 million
• 30-day price change: negative 39.9 percent
• Major exchange by volume: SushiSwap

CRWNY

• Market capitalization: 6.60 million
• Fully diluted market capitalization: 22.2 million
• 30-day price change: negative 34.1 percent
• Major exchange by volume: AscendEX

KXA

• Market capitalization: 6.57 million
• Fully diluted market capitalization: 26.4 million
• 30-day price change: unavailable
• Major exchange by volume: PancakeSwap

RAZOR

• Market capitalization: 6.39 million
• Fully diluted market capitalization: 34.1 million
• 30-day price change: negative 48.7 percent
• Major exchange by volume: Gate.io

CELT

• Market capitalization: 5.61 million
• Fully diluted market capitalization: 416 million
• 30-day price change: 93.2 percent
• Major exchange by volume: Okex

FINA

• Market capitalization: 5.21 million
• Fully diluted market capitalization: 160 million
• 30-day price change: negative 66.5 percent
• Major exchange by volume: PancakeSwap

HPL

• Market capitalization: 5.03 million
• Fully diluted market capitalization: 190 million
• 30-day price change: unavailable
• Major exchange by volume: PancakeSwap

Read Also: Top 5 Altcoins Show Positive 24hr Price Change Up to 15.8% 

Related Article: Whales Control 94% of All ADA Supply | Only 10% of Wealthiest Cardano Addresses

This article is owned by Tech Times

Written by Urian B.