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Hoping multibagger returns, crypto punters betting on penny coins
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Cryptocurrency investors are doing the same — parking their money in small-cap cryptos and praying for a windfall. But experts say this could be risky. There are over 6,000 virtual currencies and tokens circulating around the world, and spotting a multi-bagger early on is near impossible, they say. Much like in the stock market, the world of cryptocurrencies also has large-, mid- and small-cap coins and tokens.
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