More and more cryptocurrency projects are being created with huge supplies, but many projects still want to increase their value through scarcity by keeping their maximum supply to a small number. So, here are some suggestions for the top low supply Coins with potential for long-term investment.
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10 best Low Supply coins for Long-Term Investment
Bitcoin (BTC)
- Maximum supply: 21,000,000 BTC
- Current price: $ 98,469.38 (2.41%)
- Market capitalization ranking: 1
When it comes to coins with low total supply and potential, Bitcoin is undoubtedly the first choice you cannot miss. The presence of Bitcoin has amazed the world with its unstoppable growth.
Only 21 million BTC are in circulation worldwide, making Bitcoin a scarce cryptocurrency, chosen by many users worldwide, including top leading companies.
The current price of Bitcoin has dropped over 50% from its peak, and the event of Bitcoin Halving (halving the block reward) shows that the potential for Bitcoin’s price increase is still very significant. It is a top blue-chip coin that you can consider.
Litecoin (LTC)
- Maximum supply: 84,000,000 LTC
- Current price: $ 128.72 (-4.78%)
- Market capitalization ranking: 18
As a fork of Bitcoin with improvements for lower transaction fees and faster transaction speeds, Litecoin becomes one of the top 10 Low Supply coins and potential for you to consider.
The maximum supply of LTC is 84 million, and 87.1% is already in circulation, so its supply will soon become scarce and may be the driving force for Litecoin’s price increase in the future.
Litecoin recently underwent a Halving (halving the block reward) similar to Bitcoin, which means the number of LTC entering the market will gradually decrease. As more people become interested in the cryptocurrency market, the demand for investing in top coins increases, and LTC will be one of the choices due to its low price (compared to Bitcoin), low transaction fees, and fast transactions.
Aave (AAVE)
- Maximum supply: 16,000,000 AAVE
- Current price: $ 260.59 (3.13%)
- Market capitalization ranking: 37
AAVE is another DeFi ecosystem with a low maximum supply of tokens, just 16 million AAVE tokens. Although AAVE is built on Ethereum, it also supports other blockchain networks.
Notably, like Polygon, Avalanche, Harmony, and several other blockchain platforms. In terms of APY, AAVE offers users interest rates of 3.29% and 2.91% on Tether and Ethereum, respectively.
Borrowing rates on AAVE are also quite reasonable.
For example: borrowers will pay only 4.08% and 4.64% respectively when borrowing Tether or Ethereum. AAVE also has its utility token with the same name and a low maximum supply, with over 88% of the total supply already in circulation.
In terms of price, AAVE is currently trading at $ 260.59 (3.13%). This number is 70% lower than its 52-week high of 260 USD. AAVE once traded at over 600 USD in the previous cryptocurrency bull run. Comparatively, the current price is nearly 90% lower.
According to some experts, AAVE is a quality project that can operate for a long time – so AAVE is also a coin with low total supply and potential for long-term investment.
Ethereum Classic (ETC)
- Maximum supply: 210,700,000 ETC
- Current price: $ 20.87 (-0.91%)
- Market capitalization ranking: 45
Another coin with low total supply potential for long-term investment is Ethereum Classic (ETC). This project is a fork of Ethereum and was created amidst controversy, but to date, it still receives considerable attention from the community, with its market capitalization within the top 30.
While the supply of ETH is unlimited, ETC’s is capped at 210.7 million, with currently 67.1% of the supply in circulation.
Ethereum Classic may not be an excellent blockchain platform for building Dapps based on its smart contract functionality. However, the fact that it is a fork of ETH makes it a popular choice among miners after Ethereum’s upgrade to POS, which is also a driving force for the project’s growth.
Ethereum Classic also has a significant number of developers committed to long-term attachment. In fact, there are three different developer groups committed to Ethereum Classic’s long-term vision.
Adding to all this is a lot of external funding and commitment to creating a secure network that anyone can use, helping Ethereum Classic to continue growing a little bit every day, week, and month.
Dash (DASH)
- Maximum supply: 18,900,000 DASH
- Current price: $ 27.33 (4.11%)
- Market capitalization ranking: 217
Dash is a blockchain network developed with a focus on privacy, launched in 2014. Like other privacy coins – such as Monero and Zcash, Dash enables completely anonymous transactions. It is different from Bitcoin and Ethereum because, on Dash, it is almost impossible to connect transactions between the sender and the recipient’s identity.
Dash was priced at only 0.33 USD in 2014, but the current price of DASH is $ 27.33 (4.11%). This represents investment profits for early investors in this coin of tens of thousands of percent. Dash is also one of the potential cryptocurrencies for long-term HOLD with a circulating supply lower than Bitcoin.
Only 18.9 million Dash tokens will exist, and currently, 70% of the supply is in circulation. Ranked within the top 100 coins by market capitalization worldwide, Dash brings superior features, addressing issues related to scalability, speed, governance, and anonymity, and may have greater potential in the future.
Quant (QNT)
- Maximum supply: 14,881,364 QNT
- Current price: ()
- Market capitalization ranking:
Quant Network is a blockchain project aiming to achieve interoperability between blockchains using its Overledger OS blockchain operating system. Unlike other cryptocurrency projects, Quant Network is not open-source, and most of the technology used in its products is patented, requiring licensing for use.
Although Quant Network focuses more on blockchain services for enterprises, it is also seeking to integrate many cryptocurrency blockchains into its Overledger Network, such as Bitcoin, Ethereum, XRP, Binance Chain, Stellar, EOS, IOTA, and Constellation. It also supports JP Morgan’s Quorum blockchain, R3’s Corda blockchain, and the Hyperledger Fabric blockchain.
The total supply of QNT is also lower than Bitcoin, and currently, 81.13% is in circulation, indicating that this project is gradually becoming scarce and could make QNT one of the potential cryptocurrency projects for long-term investment.
OKX Exchange (OKB)
- Maximum supply: 14,881,364 OKB
- Current price: $ 49.58 (-0.07%)
- Market capitalization ranking: 47
One of the best-performing exchange cryptocurrencies with a low total supply in the market is OKB. This token powers the operations of the OKX exchange, one of the largest in this industry. Some of the main applications of OKX include access to specialized derivative products, lower transaction fees, and voting rights.
Additionally, OKX allows OKB holders to earn passive rewards.
For example: depositing OKB into an OKX savings account yields an APY of 5%. Moreover, this is a flexible account, allowing immediate withdrawal approval at any time.
When OKB was launched in 2019, its price was just $1.60, but now it has reached $ 49.58 (-0.07%). OKB reached an all-time high of $58, and its current price, which is only about 27% down from its peak, shows strong community support for this project. Meanwhile, top coins like Bitcoin or Ethereum have seen a decline of over 60% from their all-time highs.
Related post: What is OKB coin? Is OKB a good investment?
MultiversX (EGLD)
- Maximum supply: 31,415,926 EGLD
- Current price: $ 23.03 (5.46%)
- Market capitalization ranking: 131
MultiversX (formerly Elrond) is a high scalability, fast, and secure blockchain platform for decentralized applications (DApps), business use cases, and the new internet economy.
Founded in 2017, the MultiversX network aims to offer faster and cost-effective transactions through smart contracts operated by a distributed computer network. MultiversX has also partnered with top names in the cryptocurrency industry like Ledger, PolyNetwork, BitGo, Coinbase Custody, etc.
This project aims to develop a highly scalable and interoperable blockchain platform, and this is how MultiversX has been conceptualized. In terms of its capabilities, MultiversX is a truly powerful network. It can process nearly 10,000 to 15,000 transactions per second with an average cost of 0.001 USD.
The maximum supply of EGLD is just over 31 million tokens and currently, over 82% is in circulation, so the quantity of EGLD will soon become scarce and could be a driving force for the token’s price increase. This is another suggestion in the top low supply potential coins for your consideration.
Yearn Finance (YFI)
- Maximum supply: 31,415,926 YFI
- Current price: $ 5,884.84 (3.32%)
- Market capitalization ranking: 306
Yearn Finance (YFI) is a platform for decentralized finance (DeFi) investors who want to use yield farming to maximize their returns. This platform is designed for cryptocurrency investors who lack the technical know-how to navigate the complexities of yield farming but wish to earn higher returns on their capital.
The platform generates revenue by charging a 5% gas fee and a 0.5% withdrawal fee, but these can change at any time.
YFI is a cryptocurrency with an extremely low circulating supply, having a fixed supply of just 30,000 YFI. The total supply at launch was 0 YFI, but currently, most of the supply has been put into circulation.
Since its launch in 2020 at around $1,200, the price of YFI rose to a record high of $82,745.19 by the end of 2021, becoming the first cryptocurrency to be valued higher than Bitcoin (BTC).
Although the current price of YFI has decreased from this record high to just $ 5,884.84 (3.32%), it is still a low supply coin for long-term investment, as this project is one of the leading projects in the DeFi sector currently.
Maker (MKR)
- Maximum supply: 31,415,926 MKR
- Current price: $ 1,447.66 (25.28%)
- Market capitalization ranking: 87
The Maker Protocol is a Decentralized Autonomous Organization (DAO) aimed at democratizing everyday financial services. This project develops two different tokens:
♦ DAI – a stablecoin pegged to the USD
♦ MKR – the governance token of the Maker Protocol.
MKR is one of the best low supply coins for long term investment. Specifically, the maximum supply of MKR is capped at 1,005,577. Most of MKR (977,631) has already been circulated. This is good news for investors, as the tokens are not held by the project itself.
In April 2021, MKR even reached prices higher than $6,000, while the current price of MKR is only $ 1,447.66 (25.28%), a decrease of nearly 80% at the time of writing. Among algorithmic stablecoin projects, DAI is the largest by market capitalization. If Maker continues to perform well, in the next bull run, it could be a potential project for long-term investment.
The above are the top 10 Low Supply Coins for your consideration. However, the cryptocurrency market always involves many unpredictable risks. You should not invest a large amount of money in cryptocurrencies, even if you are interested. If you choose to participate, only use the amount of money you are prepared to lose. Good luck.
