Crypto analyst Lark Davis says certain low-cap altcoins could increase in value by 200x during the current bull run.
In a new YouTube video, Davis encourages investors seeking big returns to take some risks. Lower cap coins, he explains, are a lot more likely to unleash huge gains – though they’re also far more likely to plummet to zero.
“Right now, I’m looking around at coins with market caps under $100 million and thinking, ‘Yeah, yeah, yeah, these can 50x, these can 100x, maybe some of them 200x.’ There’s a lot of opportunity there. This is your chance for financial independence if you’re ready to take it.”
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Davis says he recently acquired Oasis Network (ROSE) and Ramp (RAMP), the 162nd and 427th ranked assets by market cap respectively, according to CoinGecko.
When investing in low-cap coins, Davis says he looks for fundamentally strong concepts, public development teams, and big backers. He also says he very rarely puts more
