The cryptocurrency has been doing well over the weekend. Bitcoin has risen to $21,000 while Ethereum has moved above $1,200. Overall, the top market cap of all cryptocurrencies has risen to over $948 billion. This performance is mostly due to the strength of US equities, with the Dow Jones and Nasdaq 100 rising over 711 and 302 points, respectively. Here are the best small-cap cryptocurrencies to trade during the weekend.
ARPA is one of the best crypto trades during the weekend. It is an extremely small cap coin with a market capitalization of $40 million. ARPA is a security-focused blockchain project used in industries such as fintech and AI in insurance, digital advertising, personal data wallets, and other industries.
Some of its funders are well-known companies like Arrington, Connect Capital, Genesis and GBIC. ARPA is a layer 2 or sidechain network that supports secure and verifiable computation. Some of the top projects built using ARPA are LINA, MDX, CERE, and CHESS among others.
ARPA is a good crypto to trade because of its price behavior. ARPA price formed a strong bottom this week at $0.025. It then increased by 123% to reach a high of $0.055. Hence, there is a possibility that the coin will show more price action during the weekend.
Year Finance (YFI)
Year Finance is a leading blockchain project in the DeFi industry. It is a DeFi project that allows people to maximize their returns in the market. After depositing the tokens, Earn transfers the funds across multiple protocols as it seeks the highest yield. According to DeFi Lama, the net worth of Ear Finance is over $578 million in lock (TVL). This is well below the all-time high of over $5.7 billion.
to like wifi, The price of YFI has increased in the last few days. It has risen more than 84 per cent from its lowest level this year. This means that it will have some volatility during the weekend, which makes it a good coin to trade.
Navcoin is an extremely small-cap cryptocurrency with a market cap of over $8.6 million. It is a cryptocurrency that was founded in 2014 with the goal of increasing privacy. It is an interoperable coin that can be used outside its ecosystem.
The price of Navcoin has risen over the past few days as investors cheer for the launch of a new market-building DAOThe goal is to introduce new professional market makers into the network to list the coin on other exchanges. Hence, the price of Navcoin is a good buy due to the expected volatility.