Altcoins with a finite supply to invest in

Cryptocurrencies with a limited supply or tokens with a market cap are causing quite the uproar among investors in the crypto verse, who are lining up to get their hands on these invaluable tokens. Finite cryptocurrencies have proven to be lucrative investments due to their core functionalities and the technology that supports the currency or blockchain that urges investors to buy the tokens while they are still available. Moreover, this demand for finite currencies consequently leads to an exponential increase in the price value of the coin, which leads to more being sold. For instance, Litecoin, an altcoin that is a run-off of Bitcoin that functions more efficiently for daily crypto transactions with lower transaction fees, has a market cap of 84 million tokens, with over 75% currently in circulation. 

There are over 21 000 cryptocurrencies worldwide, with more to be launched. If you are a beginner, here is how advanced crypto investors make their profits; many stake out recently launched altcoins and those within their early stages of development or a period of a year, looking at the current growth and development process of the currency and the milestones the coin achieves within its first year. Then they analyse if the coin would be sustainable enough to have room for scalability in the future. Below is a list of top altcoins with a finite supply to invest in:

Top 3 newly developed altcoins with a finite supply

• Dash 2 Trade 

D2T is a recently developed cryptocurrency signal and analysis platform. The platform also serves as a crypto trading and social platform that aims to provide real-time global financial data, crypto newsfeeds, and messages. The platform’s core function is to aid investors in making wise and informed financial decisions. The goal is also to make the trading process simpler and more efficient using features from the platform, which have proven to be outstanding, as D2T is the best new crypto platform with a low presale token supply in 2022.

Some of the features that make this platform stand out from the rest include the following: 

• Risk profiling
• Social indicators 
• Scoring systems for presale projects
• Presale launches
• Trading signals
• Strategy builder tools
• New cryptocurrency listing alerts

The platform has a market cap of 1 billion tokens – 35 million of which are available to buy during the first presale round for under $1. During the first presale round, approximately $420,000 was made; this is mainly due to the low presale token supply, which is consequently increasing demand and supply for the tokens and also increasing the popularity of the tokens.

• Tamadoge

TAMA is one of the newest meme-coins in the crypto market, built on the Ethereum blockchain with a market cap of 2 billion coins, placing it in the same league as popular finite supply digital currencies, including Bitcoin (BTC), Ripple (XRP), Avalanche (AVAX), and Cardano (ADA). The crypto project is a play-to-earn metaverse game where users mint and earn their doges by breeding virtual dogs in the metaverse (“Tamaverse”), training and battling their tamadoges every month, and competing for crypto prizes.

This cryptocurrency is thought to be inspired by Dogecoin and functions as its rival, along with Shiba Inu, another popular meme-coin. Tamadoge is making strides for a new coin and has evident high growth prospects, although it is the cheapest low-supply currency. This is due to its popular presale that raised $19 million in less than eight weeks, while its IEO on OKX has seen the coin pump more than 1500% from its presale price of $0.01. An even more significant influx of profits is expected soon with more listings and features, including MEXC, LBank, an NFT collection, and an application for a listing on Binance.

Tamadoge is not only a limited supply currency but also a deflationary currency, making the coins even rarer, consequently leading to a spike in the price-value of the coin with increased demand.

• IMPT

IMPT is the self-proclaimed “greenest cryptocurrency” that powers Ethereum and uses the power of blockchain to curb climate change. Launched in 2022, this currency has a maximum supply of 3 billion coins. The token will have three phases of presales. The commencement of the first phase presale will see 600 million IMPT tokens for sale at $0.018 each and remain at that price until the tokens sell out. The second phase of the presale will see another 660 million tokens released at the cost of $0.023, while the final phase will see 540 million tokens sold at $0.028 each.

The first phase of the presale had numerous investors who injected more than $150,000 within the first 24 hours. So many investors recognise this currency and invest in it because it is unique but mainly due to its core functions that aim to fight against climate change and offer a solution to a real-world problem. This will be achieved through a feature of the digital currency which allows users to earn tokens through shopping, which can then be turned into carbon credits used to offset users’ carbon footprints by allowing funding and development of vetted and verified conservation projects. The carbon credits hold a market value and can be bought, sold, or stored. Additionally, users who will receive unique NFTs in return can also retire the credits.

Launching this coin changes the trajectory of digital currency as we know it and daily life by encouraging more eco-friendly thinking and reducing the carbon usage of businesses across the globe. This will be achievable through more than 10,000 retailers and globally recognised brands worldwide who have partnered with IMPT. Moreover, IMPT is a complete carbon-zero project operating on Ethereum, which is significant as Ethereum is the first crypto and blockchain to reduce its energy consumption by 99,9% after its merge into ETH 2.0, as mentioned in Bitcoineer — an authority crypto and trading site providing breaking news, market analysis, and regulatory updates.

A few years ago, partnerships between cryptocurrencies and famous brands across the globe were a farfetched dream. Today, this is a growing reality that is increasingly becoming a norm. As more people learn and become enthusiastic about crypto, its reputation changes, inherently leading to the popularity and wider acceptance of digital currency and the systems accompanying it. There are thousands of cryptocurrencies worldwide, with more yet to be launched. Looking at how the technology used in cryptocurrencies is slowly being adopted into daily life and real-life situations, making an informed investment while tokens can be bought at low prices is a great opportunity.

Hannah Parker

30/11/2022