Leo Up A Quick 10% - Small Caps Are Primed To Explode

I said this before and I'm going to say it again and there is a good chance that it might happen soon.

In a bull market small cap coins can explode.

Look at Leo today which just shot up 10%. With the low number of Leo that is on the market it really does not take much for a coin to really climb. I cannot stress how small the market cap is right now. There are only 6 million coins out there with almost 80% of them locked into staking. The total market cap is still under 2 million. A 10x would take very little.

Massive Bitcoin Value

Right now there is a lot of Bitcoin value sitting on exchanges and people's wallets. And as crazy as it is there is still the possibility this can go on for a few more months and we can see 50-100k or more. That makes the market cap of 1 trillion dollars. When people sell some that money has to go somewhere. What is even more impressive is alts are already starting to move without Bitcoin dominance going down. This means there is a lot of money entering the field as a whole which is good for all projects.

Money tends to go to bitcoin, to medium caps and then to small caps. Right now it looks like the medium caps are the ones moving. But small cap coins like Leo are seeing gains.

Several Examples From This Week Alone

You have seen the markets this week. Ethereum is up 30%. Polkadot is up over 80%. These are not small cap coins, these are already in the billions and are still moving up in large amounts. Imagine how much a coin like Leo can move in a day or a week with money flowing into it.

Things are looking really good for cryptocurrency and now that alts are starting to wake up we can see some crazy runs if this trend continues. It can turn at any second, and I'm not counting any chickens before they hatch but I'm pretty optimistic right now and it is a feeling I have not had in crypto for the last couple of years during the bear market.

It is too early to call but I'll be keeping an eye on the market this week and working my ass of on sites like Leo. There are a lot of opportunities right now and hopefully this is just the beginning of at least 6 months of this.

And as always only invest with money you can afford to lose. Things are getting pretty fomo-y right now and you do not want to loss your shirt chasing the hype. Be smart and do your research.

Posted Using LeoFinance ^Beta