@SapphireCrypto 6 August 2023 more from that month

Fuse Network - EVM-Compatible Blockchain Providing WEB3 Infrastructure

**The Hunt Continues** Last week I published my **first altcoin micro-cap pick** for the upcoming bull market. Today, I will be introducing my second layer 1 pick, **Fuse Network**. Whenever I am researching micro-caps I like to look at projects that are still sub $20 million. **FUSE** falls well within this categorization, as the current **market cap** is only $12 million. This is a great base to begin building a position, as the market cap is tiny, yet simultaneously has some level of stability. https://sapphirecrypto.org/2023/07/26/taraxa-potential-micro-cap-gem/ https://www.fuse.io/ https://www.coingecko.com/en/coins/fuse https://leofinance.io/@leoglossary/leoglossary-market-capitalization Ultimately, Fuse provides the necessary infrastructure and ecosystem for **WEB3**-based payments, enabling the exchange of goods and services via the blockchain. Just as Hive has the HBD, Fuse has the Fuse Dollar. **DeFi** lovers are likely to be familiar with Fuse. As a Layer 1 there are several DeFi opportunities available that can be explored on **DefiLlama**. However, the idea of **impermanent loss** is something that not all investors can stomach. https://leofinance.io/@leoglossary/leoglossary-web-3-0 https://leofinance.io/@leoglossary/leoglossary-decentralized-finance-defi https://defillama.com/chain/Fuse https://leofinance.io/@leoglossary/leoglossary-impermanent-loss

Image Source https://news.fuse.io/liquid-staking-on-fuse-a-new-way-to-earn-rewards%EF%BF%BC/?utm_source=blog&utm_medium=twitter&utm_campaign=sFUSE+liquid+staking&utm_term=staking,+liquid+staking,+rewards,+sFUSE For such investors and FUSE holders, there is a **single staking FUSE vault on Beefy Finance** that is currently offering 13.73%, which is once again pretty decent. Despite Fuse not managing to garner any significant attention in 2021, it did however perform relatively well. FUSE is currently priced at $0.052 and reached an all-time of $2.13 in 2021. The market cap is currently $12 million and has room for significant upside. https://app.beefy.com/vault/fuse-fuse I do somehow think that Fuse Network is likely to be a bit of a late bloomer. However, the upside potential looks rather promising, especially as it has previously extended beyond the $2 mark. FUSE is likely to be a good investment decision for a strategy that incorporates modest allocation over an extended period. In other words, a good **dollar-cost-averaging** investment. https://leofinance.io/@leoglossary/leoglossary-dollar-cost-averaging-dca Choosing to take on additional risk by **staking** FUSE could see your holdings grow by approximately 30% over the next two years or so. Averaging into a position over time will affect this figure. My previous altcoin pick from last week has already peaked at 700%, with much of this action taking place in three or four days. I don’t expect such a strong start for FUSE, but you never know. https://leofinance.io/@leoglossary/leoglossary-staking

Image Source https://news.fuse.io/fuse-account-abstraction-for-mainstream-web3-payments/?utm_source=blog&utm_medium=twitter&utm_campaign=account+abstraction&utm_term=AA,+account+abstraction For **experienced investors** and those who are willing to do a little research, this is where the money is made. If BTC did 700% off of the current levels, It would be trading at $232K! This is basically what has transpired in real terms with Taraxa over the past week. The risks are real… and the market could always be hit with a swan event at any time, but that’s the nature of the game. https://sapphirecrypto.org/2023/04/06/the-professional-defi-investor/ I am fine with this risk profile, as I have a very structured approach that incorporates good **risk management** practices. Inexperienced investors should start with money they are prepared to lose. Like anything, there’s a learning curve. Meaningless capital now has value when you multiply it by 100X or even 500X. Just so you know, Solana generated a total return of 865X in the previous cycle. https://sapphirecrypto.org/2022/12/15/effective-portfolio-construction-risk-management-your-saving-grace/

Free Litecoin http://cointiply.com/r/me3o3 **Final Thoughts** Yes, there are significant gains to be made in the **micro-cap market**. However, investors shouldn’t allow this to blind them from the potential pitfalls. I will soon be publishing an article on how to effectively and safely build altcoin positions. If you appropriate disciplined practices that incorporate good risk management, potential losses are kept to a bare minimum. https://sapphirecrypto.org/2023/07/28/key-aspects-of-investing-in-micro-caps/ Nothing in this article should be considered investment advice. This is where I share my journey and what I have learned over the years. As I mentioned, I don’t expect FUSE to start rallying like Taraxa. However, it makes for a good slow **accumulation** strategy. Once again, diversification is everything… even when it comes to investment strategies. See you next time. All the best! https://sapphirecrypto.org/2023/06/18/the-accumulation-zone-where-warfare-takes-place/ Purchase and trade Taraxa and Fuse Network on **MEXC**. https://www.mexc.com/register?inviteCode=1MVmf

Free Ethereum https://www.coinpayu.com/?r=Collector99 **Disclaimer** First of all, I am not a financial advisor. All information provided on this website is strictly my own opinion and not financial advice. I do make use of affiliate links. Purchasing or interacting with any third-party company could result in me receiving a commission. In some instances, utilizing an affiliate link can also result in a bonus or discount. This article was first published on **Sapphire Crypto**. https://sapphirecrypto.org/2023/08/06/fuse-network-evm-compatible-blockchain-providing-web3-infrastructure/