Affordable Growth Potential Cryptocurrencies
Are you looking for affordable cryptocurrencies with growth potential? Check out these picks of promising options priced under a dollar.
6 Best Cheap Crypto to Buy Now Under 1 Dollar
Several tokens within the top 20 by market capitalization are still trading below the $1 mark. Among these, some tokens merit consideration for their future growth potential and competitive standing. These coins include Polygon, XRP, and Cardano.
1. Beam (BEAM)
Beam has entered a partnership with Immutable and Polygon Labs. This collaboration indicates a shift in the trajectory of blockchain technology in the gaming industry from its initial focus on the Avalanche Subnet to a broader multi-chain strategy.
2. Sei (SEI)
Sei’s value surged remarkably within a week, showing a bull flag formation and a potential increase in value if it surpasses the $0.4 price barrier. In addition, it boasts a circulating supply of 2.3 billion tokens against a maximum supply of 10 billion.
3. The Sandbox (SAND)
The price of The Sandbox has surged by 114% over the past two months as it forms an upward channel, potentially reaching $1 by late February next year. It currently holds a market capitalization of $1.23 billion and a circulating supply of 2.12 billion tokens out of a maximum supply of 3 billion.
4. Decentraland (MANA)
Decentraland has witnessed a price surge of 71% over the past year, surpassing its initial token sale value and currently holds a market capitalization and trading volume of $1.06B and $378.95M, respectively, alongside 1.89B MANA tokens in circulation.
5. Bitcoin Minetrix (BTCMTX)
Bitcoin Minetrix, a newly emerged cloud mining platform, has drawn notable attention, with a significant stake of over 400,000 BTCMTX tokens committed and a reported annual percentage yield (APY) of 103,225%.
6. Flow (FLOW)
Flow has experienced notable price movement and holds the top position within the NFT Tokens sector and the 30th spot in the Layer 1 sector. It has demonstrated a 34% price increase over the last year and consistently trades above the 200-day simple moving average.
Hot Take
If you’re looking for affordable yet promising cryptocurrencies, these six options priced under a dollar present a potentially rewarding investment opportunity in the crypto market. With growth potential and competitive standing, these affordable tokens could pave the way for a lucrative crypto journey.
Insa’s extensive background in the financial realm encompasses roles as a writer, trader, and personal finance coach. Her proficiency spans a wide spectrum, ranging from commodities and indices to forex and cryptocurrencies. Insa’s specialization lies in furnishing strategic investment advice tailored to the fintech investment niche.