- CVault.finance’s CORE token focuses on deflationary governance and yield farming with its upcoming Automated Strategy Vaults.
- Beefy Finance optimizes yields for staked tokens using smart contracts, offering instant withdrawals for users.
- Tether Gold provides a stable cryptocurrency backed by physical gold, appealing to investors seeking stability in the volatile market.
As the cryptocurrency landscape evolves in 2024, low supply tokens are emerging as valuable assets for savvy investors. With their scarcity driving up demand, these unique cryptocurrencies offer both utility and growth potential. From yield farming innovations to gold-backed stablecoins, this article highlights the best low supply cryptocurrencies poised for long-term success.
CVault.finance(CORE) is slowly but steadily increasing
Current price:$4,459.98
Market cap:$44.60M
CORE – its native token, enables users to perform yield farming, also known as liquidity provision, and vote on the protocol’s decisions. CORE is a deflationary token and that means that the token supply gradually declines which in turn would lead to its value appreciating. New product features such as the upcoming “Automated Strategy Vaults” will allow for fully automated profit strategies over staked tokens to increase user interaction, thus enhancing the product value proposition. It is now possible to purchase a share of CORE for $4,212.91, and the company has a total market capitalization of $42,130,000.
Beefy Finance (BIFI): Reward optimization and the concept
Current price:$288.16
Market cap:$23.06M
Beefy Finance helps users earn compounded interest on their stored cryptocurrency through a decentralized yield optimization across multiple chains. Through partnerships in Beefy, users can benefit from yield optimization from different liquidity pools without staking. This flexibility ensures that users keep exercising control over their assets while at the same time enjoying maximum returns. It is currently sold for $277.28 with a total market capitalization of $22.18 million.
Doge Killer (LEASH): Increased Usage of the Shiba Inu
Current price:$266.73
Market cap:$28.37M
Shiba Inu‘s token Doge Killer also goes by the name LEASH. It has established itself as central to the ‘dog coin’ mania. In addition to SHIB, the token LEASH is integral to the Shiba Inu ecosystem which garners quite some attention and follows. For $0.00743 each and a $280,012 market cap, LEASH diversifies the expanding ecosystem, available at $263.32.
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Wrapped Bitcoin(WBTC) cross Bitcoin and Ethereum
Current price:$67,177.09
Market cap:$10B
It is an Ethereum-based token and is an ERC20 token that represents Bitcoin. Each WBTC is backed 1:1 with Bitcoin acting to maintain the price constant, during which the reserves switch between the two massive networks. It further enhances the overall use of dEXs and the lending market on the Ethereum platform since tokens will be easier to manipulate. As of now, WBTC has a value of $ 59165.11 and a total value of $8,190,504,491.
Tether Gold (XAU₮) A Safe Investment in an Unsustainable Economy
Current price:$2,691.35
Market cap:$663.43M
XAU₮ is considered a stablecoin since it operates depending on Tether owning physical gold which in return has potential investors equally profiting from both cryptocurrency and a precious asset like gold. XAU₮ is an e-money anchored to one troy ounce of physical gold stored in different centers. Consumers get an opportunity to invest in gold without the usual costs of physical bars and coin storage. XAU₮ is currently trading at 0.00262733 and has a total market capitalization of 64,888,111$.
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