Micro Cap Watch List — Friday 17th December 2021
This week’s Micro Cap Watch List is now live
An invaluable resource in the altcoin investment space
The market was down by 4% this week but it seemed a lot more with the smaller end of the market taking a disproportionate hit. The general sentiment was extreme fear as measured by the Fear and Greed index. Our Micro Cap Watch List experienced mainly red ink with only a few risers.
New addition to our list
Our only addition to our list is a project called SPIN.
SPIN is a rewards token with innovative Buy-to-Win tokenomics. Buying SPIN automatically enters you into the current daily and weekly SPIN Jackpots and rewards holders with BNB. The more SPIN you buy, the more chances you have to win.
Unlike traditional lotteries where you lose your wager with SPIN you are buying tokens which allows you to benefit from any upside in the project. By owning tokens you also receive free reflection tokens based on 3% of daily volumes. That means you have three ways of earning from owning SPIN.
And all you have to do to participate is buy the token. There is no separate registration or other requirements. SPIN isn’t the only lottery type project on the blockchain. There is the project PoolTogether for example which is a no loss lottery where prizes are accumulated from interest earned from funds deposited by users. This is a $75 million project and demonstrates the potential of SPIN.
SPIN is a new project which has only just been listed. It has a market cap of only $270,000 making this a great opportunity to buy in at a very low level.
The main winners this week were:
- PlotX +16%
- Uno Re +9%
The main losers this week were:
- Catchy -50%
- Haven -32%
- BMI -17%
View this week’s Micro Cap Watch List here