5 Best Cryptos That Cost Under $1, There are HBAR And VET
2024-12-11Bittime - There are many cryptocurrencies that offer great potential at low prices. For investors looking to get started or diversify their portfolio, there are a number of tokens still trading below $1 with promising prospects. Keep reading this article, come on!
Low-priced cryptocurrencies are often considered a risky investment, but many projects with strong fundamentals not only offer profit potential, but also build innovative blockchain solutions.
In this article, we will discuss the five best cryptos you can buy for under $1. While there is no particular order, each of these projects has the potential to grow rapidly.
Let's take a look at some of the best options that can be part of your crypto investments.
5 Best Under $1 Cryptos
Source: Watcher.guru
1. Stellar (XLM)
Stellar (XLM) is one of the most attractive cryptocurrencies priced under $1. Stellar aims to connect various payment systems into one efficient and affordable network.
The token used at Stellar is Lumens (XLM), which functions to facilitate transactions within their blockchain network.
One of Stellar's main advantages is its very low transaction fees and incredible speed, making it very potential for micropayments or international money transfers.
Additionally, Stellar competes directly with Ripple (XRP) and focuses on individuals and small and medium-sized businesses (SMEs), which are often easier to reach than large financial institutions.
With high developer support and a commitment to innovation, Stellar (XLM) has the potential to continue to grow and become a solid investment choice.
Read also: 7 Ways Crypto Whales Manipulate the Market, You Must Know So You Don't Lose!
2. Crypto.com Coin (CRO)
Crypto.com Coin (CRO) is the native token of Crypto.com, one of the largest and most developed exchange platforms in the world. Currently, Crypto.com offers a variety of services, from crypto exchanges, credit cards, to staking services.
CRO itself can be purchased for under $1, and there are many benefits to be gained by investing in this token.
One of the interesting features of Crypto.com is the staking program, where investors can get returns (rewards) of up to 10% per year if they keep CRO tokens on the platform for a certain period of time.
Additionally, users can also earn cashback on purchases using the Crypto.com Visa card, which offers varying rates of return, depending on the level of the card held.
With the various features offered and the increasing popularity of the Crypto.com platform, CRO has the potential to become one of the tokens that has long-term value.
3. VeChain (VET)
VeChain (VET) is a blockchain project that aims to increase transparency and efficiency in global supply chains. By combining blockchain technology with hardware installed on physical goods, VeChain helps trace the origins and journey of products from producer to consumer.
VeChain (VET) uses proof-of-authority consensus and allows its users to stake VET to earn rewards in the form of VeThor Tokens (VTHO), which are used to execute transactions and processes on the VeChain blockchain.
Since its launch in 2015, VeChain has attracted the attention of many large companies interested in leveraging blockchain technology to increase the transparency of their supply chains.
Due to its great potential in the logistics and supply chain sector, VeChain (VET) is a very worthy option to consider for investors who want to invest in a cryptocurrency that offers real solutions in the business world.
4. Hedera (HBAR)
Hedera (HBAR) is a cryptocurrency that uses Hashgraph technology as the basis for its distribution network. In contrast to traditional blockchains, Hashgraph uses a virtual voting method and gossip protocol to validate transactions, making it more efficient and faster.
Hedera is well known for its advantages in terms of speed and scalability, as well as low transaction fees. HBAR, the native token of the Hedera network, is used to incentivize network nodes and to facilitate transactions.
Hedera also implements a proof-of-stake mechanism which provides more security for its users.
With limited total supply and the HBAR price still below $1 (around Rp. 15,900), Hedera has the potential to be an attractive long-term investment option in the cryptocurrency sector.
Read also: 5 Best Meme Coins on the SUI Network
5. SHIBA INU (SHIB)
SHIBA INU (SHIB) may be better known as a “meme coin” that competes with Dogecoin (DOGE), but the strength of the community that supports SHIB cannot be underestimated.
Although technically not very prominent, SHIB has a very active and dedicated community, which has made it popular among novice crypto investors.
In addition, SHIB continues to innovate by launching ShibaSwap, a DeFi (Decentralized Finance) platform that allows users to stake and acquire other SHIB assets.
Although not as famous as Bitcoin or Ethereum, SHIB has the potential to survive and thrive thanks to its huge community support.
What to Look for When Choosing Crypto Under $1?
Choosing cryptocurrency for investment does require in-depth research. One important factor that needs to be considered is market cap or market capitalization. Market cap shows the total value of all tokens in circulation, and is often used to assess the growth potential of an asset.
Cryptos with a small market cap are often considered riskier, but also have room to grow quickly.
Apart from that, you must understand the purpose of the cryptocurrency project. Does the project offer a real solution to a real-world problem? What competitive advantages does it have?
Doing this research will help you identify projects that have long-term value, even if the price is currently under $1.
Read also: 7 Best Crypto Faucets 2024, You Can Try It!
Conclusion
Cryptocurrency investments always involve risks, but by doing research and understanding the projects behind the tokens, you can make smarter investment decisions.
Stellar (XLM), Crypto.com Coin (CRO), VeChain (VET), Hedera (HBAR), and SHIBA INU (SHIB) are several crypto choices whose price per unit is still affordable, but have great potential to grow.
Don't forget to always evaluate your portfolio regularly and make sure you invest according to your risk tolerance.
FAQ About Crypto
What is meant by Crypto?
Asset crypto, Crypto assets, or cryptos are digital Assets designed to work over a computer network that do not rely on any central authority, such as a government or bank, to enforce or maintain them.
Are Crypto Assets Real Money?
Asset crypto, or crypto, is a virtual or digital asset purchased with real money ($, £) that is traded with blockchain technology. This Asset does not have all the value of a real or fiat Asset.
Is Crypto Assets Halal?
For many Islamic scholars, the answer is yes. Sharia principles can be applied to the analysis of modern crypto and digital assets because they are based on social justice, accountability and ethics that transcend all forms of financial transactions.
How to Buy Crypto on Bittime
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Start with registration and identity verification, then make a minimum deposit of IDR 10,000. After that, you can immediately buy your favorite digital assets!
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Reference
CryptoVantage, The Best Cryptocurrencies You Can Buy for Under $1, accessed December 11, 2024.
coinmarketcap, Coinmarketcap.com, accessed December 11, 2024.
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