*obligatory not financial advice*
Here I want to introduce you to 5 random coins and tokens that are outside of the top 100 cryptos by market cap but have potential to grow. These are supposed to be moonshots but are useful and seem like solid projects unlike Safemoon and Safemars that have nothing to offer.
The Ren network offers a decentralized way to "wrap" cryptocurrencies to make it possible to use them on different blockchains. You cannot use Bitcoin on Ethereum directly because its a different blockchain, if you want to use it for a DeFi protocol you need to create tokens on Ethereum that are backed up by real Bitcoin. This is usually done with WBTC that is handled by BitGo, this is a problem because you depend on this third party which kinda destroys the entire point of using crypto. With Ren you can transfer BTC to an address that is owned by the network and automatically create the same amount as tokens on Ethereum.
The network is not controlled by a single entity but many different nodes that offer their process power in exchange for fees. To run a node, you need to hold at least 100,000 REN tokens this ensures that nodes will not harm the network because it would hurt the value of their tokens. There is a max supply of 1,000,000,000 REN, the more people use the network, the more profitable it will become to run a node and the more valuable the REN token will become. There is demand for being able to bridge Bitcoin to other blockchains without depending on a centralized entity so REN could gain a lot of value.
2. LTO Network
The LTO network is a blockchain used for private communication between businesses without the need for a third party. LTO uses "live contracts" where businesses can share all data relevant to their agreements without storing that data on a third-party service, making communication much safer and private. Live contracts allow users to register actions, add/remove participants, and record discussions on the blockchain. When the agreement is fulfilled or partly fulfilled, one of the parties can send a notification to the blockchain, and the other signs it, allowing the node to confirm that the action has taken place. All contract data is available only to its parties. LTO is a hybrid blockchain that unites a public part that is used to process transactions and achieve a consensus and a private part where live contracts are stored. The LTO coin is used to pay for transaction fees and for staking. There is a max supply of 403,393,276 LTO.
3. Mina Protocol
Mina is a smart contract platform and the world lightest blockchain. See, most blockchains have the problem that they are growing with each block they add. The Bitcoin blockchain for example has more than 300 GB and grows 1 MB with each new block that is being added every 10 minutes. This is a problem because Bitcoin miners need to store the entire blockchain somewhere on their device to be able to mine, so a very big blockchain makes it even harder to mine for regular people. To be able to mine many people need to join mining pools but this makes the network more centralized which is a problem.
Mina has a blockchain that is 22 KB big and doesn't grow. It doesn't simply add a new block to the chain, it uses a Zero-Knowledge protocol. You can imagine the process of updating the Mina blockchain this way: Each time a new block is ready the network takes a photo of the new block with a photo of the previous block, if another block is added it will take another photo of the new block with the photo of the old block and so on, they only store the newest photo and so the blockchain size doesn't grow. The increasing blockchain will be a huge problem in a few years and so cryptocurrencies with a method of keeping them small could gain value.
Pantos was founded by the very popular European crypto exchange Bitpanda and is developed by the Technical University of Vienna. The goal is to make cross chain token transfers in a decentralized way possible in a convenient way. Its goal is very similar to what Cosmos is trying to do. To be honest the only reason I even noticed this coin is because Bitpanda is supporting it and its one of very few low market cap coins on its exchange. Bitpanda is one of the biggest exchanges in Europe and they don't actively support any other cryptocurrency. It is very much possible that this could draw both seasoned and new investors to the project and due to its very low market cap of less than $80 million it could gain a lot of value. However, Pantos is definitely a moonshot and no were near a safe bet.
Balancer is decentralized exchange that automatically rebalances provided funds while letting its users earn trading fees. Like with any DEX, Balancer uses liquidity pools that are offered to traders to exchange coins at a price set by an automated market maker, the unique thing about Balancer is that its liquidity pools can hold up to 8 different coins and tokens and can be weighted differently. As example you can have a pool with wrapped BTC weighted at 50%, ETH with 30% and DAI with 20%. The prices will then be set like at any other DEX, but the chosen weight will be considered, if one coin falls beneath its desired weight it will make its price cheaper relative to the other coins in the pool to incentivize traders to sell that coin to the pool. This would cause the pool to automatically rebalance itself while the liquidity providers earn the fees paid by traders. Currently people pay portfolio managers to rebalance their portfolio frequently, Balancer lets you earn money for getting your funds rebalanced. BAL it the governance token of the exchange like Uniswap's UNI token.