Are you looking to invest in cryptocurrencies, but are looking for that explosive potential that made Bitcoin so profitable for millions of people? If so, then you might be looking for the best cryptocurrency under $1. With a price under $1, there is plenty of room for explosive growth potential.
The cryptocurrencies that we are going to take a look at in this complete analysis are going to provide you with more insight into the best cryptocurrencies on the market today that are under $1. It’s going to include some newcomers to the scene as well as older, established coins that have yet to break out. By the end, you should have a good idea of which cryptocurrency under $1 is the best.
Why Buy Cryptocurrency Under $1?
If you’re new to investing in cryptocurrency, you might be wondering what all the hype is about purchasing cryptocurrency under $1. The reason that many see this as desirable is that it leaves plenty of room for growth. With a cryptocurrency under $1, it would only take a minor movement to net you a large gain. You will be able to purchase more coins if the price is cheaper. This means that if your chosen coin rises to the value that is proportional to Bitcoin’s value, you are set to make huge gains.
For this reason, many seek to buy cryptocurrency that is available for under $1. With this explosive growth potential, you could stand to make millions from simply getting in early.
List of the Best Cryptocurrency Under $1
Now that you know the benefits of buying lower-priced cryptocurrency, it’s time to identify some targets. Luckily, there are thousands of coins out there to choose from. However, we are going to recommend some projects with a track record of success. With a robust team and great use case, these coins have all the potential in the world to rise to the level of notoriety of Bitcoin. This provides you with an excellent chance of having the success that you seek.
For our first coin, we welcome back an old friend, Ripple. Ripple is one of the most frequently-discussed–and criticized–cryptocurrencies on the market. That is because there is some debate as to whether it qualifies as a decentralized asset. However, as an investor, you might not care about this debate.
One of the reasons that people love Ripple is that it is so cheap to obtain. This gives you the ability to buy thousands of them with relatively little funds. A large spike in the price of Ripple could then net you several thousand percent gains on your investment. However, a cheap price is not all that it takes.
Ripple is known as having one of the strongest use cases in the industry. It has already partnered with banks from around the world. Its network has been deployed successfully. Ripple is already one of the most successful cryptos in the world, but is held back by the community’s disdain for it.
This makes it a great target for those that want to net a big gain on a cheap cryptocurrency under $1.
Cardano is another project that was popular in the 2017 bull run but has since lost favor along with many other coins. This token is a robust project with a strong use case. Rivalling Ethereum, the Cardano network specializes in allowing users to build and execute smart contracts on the network. If widely adopted, Cardano could lead the way to the new blockchain economy. At well under $1 each coin, it makes an excellent bet for the future.
Cardano is also traded on large exchanges, making it easy to access. If you’re looking to bet on a coin with some huge growth potential, then Cardano is a great option.
Vechain is one of the strongest projects yet in the blockchain industry. This project is aimed at helping businesses integrate existing business systems to use blockchain technology. Everyone acknowledges that Bitcoin has had a huge impact on the world and the economy, but what many people recognize as the key to its success is blockchain. Vechain aims to bring that technology to businesses around the world.
With an integration using Vechain, businesses around the world would have access to the technology that they need to make their business more efficient and profitable. It can’t be exaggerated the positive impact that this would have on these businesses. Furthermore, any future that includes Vechain as the main component in business blockchain systems is worth building on. If it comes to fruition, Vechain could experience exponential price gain.
Longshot Pick: Digibyte (DGB)
Many people recognize Digibyte from long ago in the early days of cryptocurrency. It is a coin that is often made fun of because it performs essentially the same function as Bitcoin and others that are used as exclusively transactional coins. However, what many people don’t talk about is the fact that Digibyte is quietly building one of the most robust, fast, and affordable payments systems in the world. Digibyte is faster, cheaper, and more efficient than most coins, and for that reasons, it maintains its use case. It’s not a bad coin to hold for the future, especially since its price increases are notoriously large in nature.