Uncovering Crypto Gems: Hidden Treasures in the Market
Gems is a term for relatively unknown, low-cap coins that have great potential or are severely undervalued.
What are gems?
“Gem” is the term for relatively unknown low-cap coins that have enormous potential or are severely undervalued. Recognizing potential gems is not an easy task, since there are no exact attributes that make up a gem other than the fact that it will eventually pump up. Nevertheless, several criteria should be considered when analyzing potential gems, namely their market value, volume, supply and fundamentals.
Moreover, they usually involve scarcity mechanisms, such as a limited money supply, as in bitcoin, or a deflationary model. However, this is not a hard-and-fast rule, since some gems are also subject to inflation.
The leading cryptocurrencies in today’s market were once gems. When bitcoin was first introduced to the public, very few people saw it as a gem, but those who saw it were immensely rewarded. At the same time, you have to be careful in your search for gems and never cut corners in your research. While some coins can grow 100 times in a few months, most fall to nothing.