Crypto is characterized by its highly volatile nature and even though the digital assets in this space have continued to live up to this reputation, investors remain undeterred. It is still one of the fastest-growing financial markets in the world with predictions of accelerated growth in the coming years. Recently, the space has slowed down significantly and as such, has seen declining values in the assets. Despite this, not all digital assets in the crypto space have suffered. Just like there are times where there is an exception to the rule, Small Cap altcoins have proven to be the exception this time around. While the rest of the market has been recording losses, these Small Cap coins are the only index that has remained in the green. Small Cap Coins Take The Cake Recently, as the market has tumbled, there has been an unlikely winner emerging from all the fracas. The Small Cap index is filled with altcoins whose market caps are still very small compared to their larger counterparts. Nevertheless, this has not stopped them from outperforming in times when no one has expected them. The last two weeks have been proof of this. Related Reading | Bitcoin Breaks Out Of $39K Idle Trend, But What Does $40K Hold? While the larger caps coins suffered major losses, small cap altcoins rallied. This was mostly due to the gains made by a single altcoin, WAVES, which has recorded 56% gains in the last two weeks alone. The gains from ...
