3 New Cryptos to Buy That Should Be on Your Watchlist

New cryptos can be one of the best ways to make a large amount of money with a modest capital. However, it can also be one of the best ways to lose your capital, as crypto startups are by no means safe investments.

New cryptos can be a great way to make a large amount of money with a modest capital. But they can also be a great way to lose your capital, as crypto startups are inherently risky investments.

However, I think it’s worth investing some change here as long as you know the risks and size exactly. Due to their small size, these cryptos could easily deliver multibagger returns overnight. Moreover, I believe the peak season due to interest rate cuts will likely come within a year. It could be the spark that pushes these crypto startups much higher.

Here are three new cryptos to buy that should be on your watchlist.

Okratech Token (ORT-USD)

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Okratech token (ORT-USD) is a multiple-tool ecosystem. It features OrtJob and OrtWeb3. I’m personally more intrigued by the former, as it’s the only one of its kind I’ve come across. OrtJob essentially features a decentralized version of Fiverr (NYSE:FVRR).

If you’ve never heard of it, it’s a website where freelancers from around the world sell their gigs. However, signing up with Fiverr can be difficult due to banking and legal restrictions, and there are also certain types of work you can’t do on it that a decentralized platform would allow. In my view, OrtJob is a very good concept.

OrtWeb3 features over 150 tools for Web 2.0 and Web 3.0 web design. It also includes SEO and technical tools, and I think once Web 3.0 takes off, this OrtWeb3 segment could become very popular. I haven’t heard of any other projects in these niche segments, so Okratech has a strong lead.

This crypto currently has a market cap of just $3.1 million at the moment and isn’t traded on a major exchange. I believe it has multibagger upside potential as there will likely be many exchanges once people learn more about the use cases here.

Mintlayer (ML-USD)

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Mintlayer (ML-USD) is another relatively new cryptocurrency that I’m bullish on. It experienced explosive growth along with many other AI and DeFi altcoins in early 2024. This growth stalled and the trend reversed, with ML trading at 74% below its all-time high.

Still, I think this project has lots of potential left from here. I expect the trend to change once again, as volumes have been rising on many exchanges in recent months. This is thanks to meme coins, which are becoming more popular across many chains.

What makes Mintlayer special is that it’s a DeFi project focused on Bitcoin (BTC-USD). It features a Layer 2 solution that allows people to run smart contracts and dapps on the Bitcoin blockchain.

There are other projects that do the same thing, but Mintlayer is the only startup I’ve come across that’s specifically focused on DeFi. The market capitalization is just $16 million as of this writing. Thus, I believe the stock can rise significantly as trading volumes increase.

Blue Kirby (KIRBY-USD)

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I believe the rising meme coin Blue Kirby (KIRBY-USD) could do well in the coming months. This is a cryptocurrency that had a “soft rug” earlier this year and is admittedly a very high-risk, high-reward bet. The tokenomics have since improved significantly and the cryptocurrency has found a stable support level.

The main reason I’m bullish is that it’s on the Fantom (FTM-USD) blockchain. This blockchain has been one of the hottest in the recent bull market, and given the recent meme coin hype, I believe many investors in this particular ecosystem could start investing in Blue Kirby.

Fantom has about $2 billion in market capitalization at the moment, and this cryptocurrency is actually one of the most traded on SpookyFi, the most popular decentralized exchange on Fantom.

Omor Ibne Ehsan does not, directly or indirectly, hold any positions in the securities mentioned in this article at the time of publication. The opinions expressed in this article are those of the author and are subject to InvestorPlace.com’s publication policies.

Omor Ibne Ehsan is a writer at InvestorPlace. He is a self-taught investor focused on growth and cyclical stocks with strong fundamentals, value and long-term potential. He also has an interest in high-risk, high-reward investments such as cryptocurrencies and penny stocks. You can follow him on LinkedIn.