Many crypto projects in this marketplace have a sizable token supply.
This means that oftentimes, it is possible to purchase a large number of tokens without needing to invest a large amount of capital.
In this guide, we discuss the best cryptos under $1 to consider buying today to take advantage of the current bear market.
The 18 Best Crypto Under $1 to Buy Right Now
We identified the following 18 crypto projects to keep an eye on in the current bear cycle.
- Meta Masters Guild – Overall Best Crypto Under $1 to Buy Right Now Offering Top Rewards
- FightOut – M2E Project that has Already Raised $2.65m in Presale
- Metropoly – The Most Reliable Crypto to Invest in 2023
- C+Charge – Newly Launched Presale to Revolutionize EV Market
- Calvaria – The Best Play-to-Earn Crypto to Invest in Now
- RobotEra – Play-to-Earn Token Rivaling $SA to Buy Right Now Offering Launched November 2022
- IMPT – Top New Eco-Friendly Crypto Now Listing on Multiple Exchanges
- Tamadoge – Best Meme Coin Under $1 with Huge Upside Potential
- Battle Infinity – New Crypto Project Revolutionizing the Fantasy Sports Industry
- Lucky Block – Innovative Crypto Platform Offering NFT Competitions and Prizes
- XRP – Large-Cap Cryptocurrency With a Low Token Price
- Cardano – Energy-Efficient Crypto Asset Under $1
- Dogecoin – Meme Coin With Popular Online Following
- Shiba Inu – Micro-Cryptocurrency Token With Metaverse Ambitions
- Cronos – Invest in the Ever-Growing Crypto.com Ecosystem
- Decentraland – Leading Metaverse Ecosystem With Land Ownership
- The Graph – Open-Source Indexing Protocol for Blockchains
- Basic Attention Token – Consumers Get Paid for Their Attention Through Relevant Ads
- 1inch – Decentralized Exchange Aggregator That Seeks to Find the Best Crypto Prices Possible
The best cryptocurrency under $1 to buy will vary depending on the investor’s risk appetite and long-term goals.
Therefore, in the following sections of this guide, we analyze the most undervalued cryptos listed above in great detail to enable investors to make an informed decision.
Analyzing the Best Cryptocurrency Below $1
Building a portfolio of crypto assets with a cost price of under $1 can be advantageous for many reasons.
After all, investors can gain exposure to many different projects with a modest amount of investment capital, while at the same obtaining a sizable number of tokens.
Below, we analyze and rank the best cryptos under $1 in the market right now.
1. Meta Masters Guild – Overall Best Crypto Under $1 to Buy Right Now Offering Top Rewards
Meta Masters Guild (MMG) has raised $50,000 within 24 hours of launching a presale for its native token $MEMAG. Investors rushed to buy this coin and added another $200,000 to the early-round fundraising within a week.
$MEMAG is available at $0.07 during the first stage of its presale. The second stage increases the coin’s value to $0.01, and that carries on until it’s valued at $0.023 in the seventh and final stage.
MMG has a capped supply of 1 billion tokens. Of that, only 15% has been allocated to exchanges and liquidity. However, 35% of the capped supply is allocated to the presale. That makes the coins more accessible.
This play and earn ecosystem is initially launching three games but will add more to the platform with time. Players will be able to play the games on their mobile phones and receive in-app rewards known as Gems.
Gems can be converted into $MEMAG tokens or used to buy NFTs. Investors who own at least $150 of $MEMAG tokens on the day of the draw will be eligible to win $100,000 token giveaway.
MMG will offer rewards to players for participation, contribution to the ecosystem and winning tournaments.
Besides the rewards, MMG is heavily focused on offering highly engaging games that will make players keep coming back to this ecosystem. That enables players to earn more rewards and contribute to the ecosystem.
Investors can get more information about $MEMAG by joining the Telegram channel. Read more about this ecosystem in the whitepaper.
Investors who want to buy $MEMAG tokens will receive the most returns by investing in this project during the will stage of its presale.
| Presale Stage | Price | Amount of Tokens | Raise Value |
| Stage 1 | $0.007 | 70,000,000 | $490,000 |
| Stage 2 | $0.010 | 63,000,000 | $630,000 |
| Stage 3 | $0.013 | 56,000,000 | $728,000 |
| Stage 4 | $0.016 | 49,000,000 | $784,000 |
| Stage 5 | $0.019 | 42,000,000 | $798,000 |
| Stage 6 | $0.021 | 35,000,000 | $735,000 |
| Stage 7 | $0.023 | 35,000,000 | $805,000 |
| Total | – | 350,000,000 | $4,970,000 |
2. FightOut – M2E Project that has Already Raised $2.65m in Presale
FightOut is a new crypto presale project and its native token FGHT is our top pick for the best crypto to buy under $1.
The project has already raised $3.4 million in its presale since launching and has extremely ambitious plans to push the move-to-earn sector into the future and combine Web3 elements with real-world gyms.
Now in the second stage of its presale, the high potential and ambitious project also allows investors to earn huge bonuses on their presale purchase – up to 50% – depending on the purchase amount and by increasing the vesting period of their tokens.
FGHT tokens will increase every 12 hours to a max of $0.0333 on March 31, 2023 – meaning those who purchase at the time of writing will have a token that has increased nearly 100%.
There is a total supply of 10 billion FGHT tokens, with 60% of those to be sold during the presale, 10% reserved for exchange liquidity and 30% for the rewards pool and growth of the project.
While most move-to-earn (M2E) projects solely track steps, FightOut will use smart technology to measure movement and key effort indicators, feeding into the project’s algorithm to help users improve their fitness.
Rather than just improving strength or cardio endurance, FightOut workouts will take a holistic approach that also covers wellness and mental fortitude, while other measures such as sleep and nutrition can be added to the FightOut app to further tailor workouts.
The app tailors workout routines and goals to the individual user, who can earn rewards and unlock achievements. In the app, users have a soulbound NFT avatar – meaning they cannot be traded – that represents the digital fitness version of the holder.
Those avatars, which are fully customizable, earn rewards in a second in-app currency, REPS, which can be redeemed for rewards such as apparel, supplements and training equipment, as well as gym passes and private sessions.
The ambitious project is planning to build gyms in key locations around the world and integrate Web3 and metaverse elements into them, such as ‘mirrors’ that show a user’s NFT avatar as they work out and sensors that track workouts and progress.
FightOut has also partnered with four world-class athletes to not only help market the project but to exclusive content – Savannah Marshall, who is expected to face Claressa Shields in a rematch of the most-watched women’s boxing match ever, UFC title contender Taila Santos and No 9 strawweight Amanda Ribas and American Ninja Warrior Tremayne Dortch have all joined as ambassadors.
The FightOut developers are doxxed and come from a background in combat sports and app development and have already outlined that 70% of funds raised will be used for venue acquisition and refurbishment, 18% for marketing and partnerships and 12% for product development.
Read the FightOut whitepaper for more information on the project and join the Telegram group for the latest news.
| Presale Started | December 12 |
| Purchase Methods | ETH, USDT, Transak |
| Chain | Ethereum |
| Min Investment | $1 |
| Max Investment | N/A |
3. Metropoly – The Most Reliable Crypto to Invest in 2023
Visionary projects underpinned by real-world utilities are the need of the hour in the crypto market. But Metropoly introduces something better. It is building the world’s first NFT marketplace backed by real-world (100%) properties. This is achieved by first tokenizing the real estate assets into NFTs for their transparent record of ownership and transfer of ownership. Then, they are divided into fractional NFTs to make them available for as low as $100 to retail investors.
As a result, you can invest in an idyllic cottage in Europe, a luxury apartment in Dubai, and a summer house in Rome at the same time. They will generate rent and appreciate in value, just like a ‘real’ real estate asset. Metropoly’s goal is to break the financial and geographical barriers to real estate investment using blockchain technology.
The approach cuts down the time, effort, and cost that go into real estate investment. You can do away with the hassles of documentation, maintenance, and occupation, to name just a few. If it takes two months to invest in a real estate property in the traditional market, you can do that in less than 2 minutes on Metropoly. You can trade your Metropoly NFTs any time you want on the marketplace, the beta version of which is now live.
Metropoly’s partnership with leading players like ChainAdoption and Tenset also gives it a strong foothold in the industry. While ChainAdoption has worked with giants like Polkadot, Tron, and EOS, Tenset is known for incubating projects like Metahero and Everdome Coin. Both these projects made more than 20X returns for early investors on launch.
Could Metropoly be the next 20X project?
Judging by the quality of the beta product, the chances are high. Given that real estate is an evergreen sector that builds long-term wealth, cash flow, and passive income, Metropoly’s market relevance and growth potential are high. Not surprisingly, the METRO presale has been receiving large traction from both crypto and non-crypto communities since its launch. METRO is the native crypto that fuels the ecosystem. Attractive discounts and bonuses are live for early-stage investors. (Use the bonus code Launch20 to get an additional 20% on your purchases.)
| Token | METRO |
| Blockchain | Ethereum (ERC-20) |
| Supply | 1 Billion |
| Minimum presale goal | $500,000 |
| Currencies supported | USDT, ETH, BNB |
| Minimum investment | $100 |
| Token launch | After the presale is sold out or on April 1st, 2023 |
Metropoly has launched a giveaway of a Burj Khalifa Apartment worth $1,000,000 to build more awareness around the project and its relevance. The apartment earns up to $100,000 yearly rental income for life. Earning entry to the giveaway is an easy process. Just complete the tasks listed under the contest and make sure you have $100 in METRO in your wallet at the time of the draw.
4. C+Charge – Newly Launched Presale to Revolutionize EV Market
C+Charge is a new crypto project that is aiming to revolutionize the electronic vehicle (EV) market by incentivizing recharging for drivers.
While EV sales have boomed in the last decade, the vast majority of vehicles on the road are still powered by fossil fuels.
Potential buyers have been put off by the inconvenience of recharging, with charging stations few and far between and offering different pricing when you get there – and some not working at all.
The C+Charge mobile app will not only offer key pricing and diagnostic information for EV drivers but also incentivize them by offering carbon credits as a reward while they recharge. Drivers pay with the native token CCHG which offers a uniform price across C+Charge operated and partnered charging stations.
C+Charge has partnered with Flowcarbon to offer Goodness Nature Token (GNT), which are backed 1:1 by verified carbon offset and carbon regeneration programs. Flowcarbon completed a $70 million investment round in mid-2022, with major venture capital firms such as a16z, Samsung Next and Invesco funding the project.
Carbon credits are permits that allow companies to offset their carbon footprints by funding eco projects, with one credit equalling one ton of CO2. For example, Tesla sells billions of dollars of credits to other companies that have large carbon outputs.
As well as partnering with Flowcarbon, C+Charge has also received $250,000 of angel investment from 360° Crypto Economy and is now linked with Perfect Solutions Turkey, meaning they already operate 20% of charging stations in that country.
C+Charge comes from a doxxed team that has been KYC verified. CCHG tokens are currently on sale for $0.013 during the first of four presale phases, with the price to increase by 80% to $0.0235 in the final stage.
The project has a hard cap of $6.6 million, with 400 million of the max 1 billion token supply available during the presale.
For more information on the project, read the C+Charge whitepaper or join the Telegram group.
| Phase | Price | % of presale tokens | Number of Tokens | $ Value |
| 1 | $0.0130 | 40 | 160,000,000 | $2,080,000 |
| 2 | $0.0165 | 30 | 120,000,000 | $1,980,000 |
| 3 | $0.0200 | 20 | 80,000,000 | $1,600,000 |
| 4 | $0.0235 | 10 | 40,000,000 | $950,000 |
| TOTAL | 80% increase | 100% | 400,000,000 | $6.6 million |
5. Calvaria – The Best Play-to-Earn Crypto to Invest in Now
The next project that you can invest in for less than $1 per token is Calvaria. The play-to-earn game recently completed its presale, which became a roaring success after witnessing massive traction from both crypto and traditional gaming communities. It raised over $3M during the crypto winter.
Calvaria: Duels of Eternity is a card game themed around the afterlife, where you can compete in tournaments, in exchange for attractive crypto rewards. The aesthetically designed cards represent different characters, each with unique sets of abilities. You need to defeat opponents using complex strategies and tactics based on your deck of cards. Your gameplay will determine your rate of success in the game.
Calvaria will feature a wide range of game modes to accommodate players with different goals and preferences. The ecosystem is powered by the $RIA token, which is the main component of the game’s sustainable economy. In the coming stages, it will also introduce an additional way of interacting with the game mechanics and the economy using NFT collections, which will give owners a strategic advantage in competitions. They will be fully owned by their possessors, which opens up additional opportunities on third-party NFT platforms, such as OpenSea, Rarible, etc.
One of the key features that set apart Calvaria is its addictive gameplay, which is designed on par with high-end traditional games. The focus on theme and gaming mechanics allows the project to bring traditional users to the blockchain gaming arena and understand its benefits.
While players can use collectible NFT tokens to increase the overall strength of their decks, it is not a prerequisite. The free-to-play version of Duels of Eternity is accessible to all without crypto and NFT assets. It goes a long way in lowering the technical and financial barriers to the game and, in turn, building a large user base. The fact that the afterlife has rarely been featured in popular media also adds to the appeal of the game.
At the time of this writing, Calvaria is gearing up for its IEO (Initial Exchange Offering) on the leading centralized cryptocurrency exchange, BKEX. RIA will be available for purchase on more CEXs and DEXs, including LBANK and Changelly, in the coming days.
6. RobotEra – Play-to-Earn Token Rivaling $SAND Launched November 2022
RobotEra is a new play-to-earn (P2E) and NFT project that launched its token presale in November 2022 and is currently available for just $0.02.
Investors wanting to earn rewards in several ways from this game should capitalize on the token by buying it during its first stage of the crypto presale.
Investors can buy $TARO now at its lowest price before it appreciates when it enters the second and third stages of the presale.
The price will rise 60% between the first and third stages – from $0.02 to $0.032 – and will then be listed on major exchanges after the presale ends.
A total of 270 million tokens are available during the presale, 15% of the max 1.8 billion supply, with a hard cap of just under $7 million.
| Stage 1 | 90 million tokens | $0.02 | $1,800,000 |
| Stage 2 | 90 million tokens | $0.025 | $2,250,000 |
| Stage 3 | 90million tokens | $0.032 | $2,880,000 |
Since P2E tokens have performed better than other cryptos during bear markets, $TARO might take off when listed, making the presale the best time to invest in the coin.
RobotEra, which is an LBank Labs project, requires players to rebuild the destroyed planet Taro with robot NFT avatars, and players can buy metaverse land and increase its value by adding infrastructure to it.
The game enables players to also develop robot companions with in-game tools and then sell them.
One of the factors that could increase $TARO’s value is the various methods to earn rewards in the ecosystem. Players can stake their coins, rent billboards for advertising, sell robot avatar NFTs, participate in concerns and mine their land for minerals.
With few limitations in the scripting language, the land parcels will develop new utility over time, with 3D scenes, sounds, payments, user interaction and physics all within its capability.
$TARO is an ERC-20 token facilitating the purchase of new in-game assets, and their sales, after being acquired through various activities such as operating independent continents.
The RobotEra whitepaper and the Telegram channel provide more comprehensive information about the token.
| Presale Started | November 2022 |
| Purchase Methods | ETH, USDT |
| Chain | Ethereum |
| Min Investment | 1,000 TARO |
| Max Investment | N/A |
7. IMPT – Top New Eco-Friendly Crypto Now Listing on Multiple Exchanges
IMPT is a revolutionary new crypto project that is dedicated to helping solve one of the biggest issues of our time – climate change.
The project raced through its presale, selling more than $20.5 million of tokens and is now listed on multiple exchanges with the price expected to pump in 2023.
IMPT is the best token to invest in quickly with prices expected to rocket once market conditions improve.
With a huge amount of hype around the project, independent rating websites CoinCodex.com and CryptoPresales.com named it among their best presales of 2022.
It is already listed on Uniswap and LBank, with BitMart and Changelly Pro also confirmed – the project will also house the coin on numerous other exchanges in the coming weeks, according to the project CEO.
Investors are so excited by IMPT because the project has already partnered with more than 10,000 major retailers, including GameStop, Amazon, Microsoft, and LEGO, to help ease the current climate crisis through its unique carbon-offset initiative.
It aims to do this by offering climate tokens to shoppers that can be then be used to offset a carbon footprint by funding various eco-friendly projects that have been subject to a vigorous vetting process.
Tokens will be able to be purchased, sold, and held as an investment. Alternatively, holders will be able to exchange them for IMPT NFTs.
At such a low cost and with such huge potential, there’s no doubt IMPT is the best crypto under $1 right now, while the IMPT team is fully doxxed, with decades of experience in senior teams in commerce and telecoms, and the token smart contract fully audited by Hacken.
Check out the whitepaper for a more in-depth look at this unique project and join the IMPT Telegram – where exact listings and times will be revealed – to keep up to date.
8. Tamadoge – Best Meme Coin Under $1
Tamadoge is another of the best cryptocurrency under $1 to explore right now, considering how successful its recent presale campaign was. In a nutshell, in the space of under two months, Tamadoge was successful in raising more than $19 million. This makes Tamadoge one of the best crypto ICOs of 2022
The good news is that Tamadoge is a brand new project at the very start of its ambitious development journey, so investors can still buy TAMA tokens at a favorable entry price. Tamadoge is building a play-to-earn gaming ecosystem that rewards players for their time.
To engage with the game, players will first need to mint an NFT, which will subsequently create a unique virtual pet. Players will need to care for their virtual pet with the view of giving it the best chance possible when entering Tamadoge battles.
Tamadoge battles offer players the opportunity to earn crypto rewards – paid in TAMA. There will also be the option of breeding virtual pets within the Tamadoge ecosystem. As one of the best new NFT projects, the virtual pets are also backed by NFTs that operate on the Ethereum blockchain.
The team at Tamadoge will also be creating immersive experiences for players via augmented reality. Picture the scene – players will be able to hunt for TAMA tokens in a virtual setting that connects to the real world.
This will be achieved by a mobile app that bridges the Tamadoge metaverse with real-life surroundings.
The Tamadoge crypto presale was one of the best of the year, selling $19 million of tokens in just eight weeks before reaching exchanges and pumping nearly 2,000% from its presale price.
While the price has since retraced amid chaotic market conditions following the collapse of FTX, TAMA appears primed to pump in 2023, when multiple development goals will be reached.
The best way to stay updated about future exchange listings and project developments is to join the Tamadoge Telegram group.
9. Battle Infinity – New Crypto Project Revolutionizing the Fantasy Sports Industry
Battle Infinity is among the best cryptocurrency under $1 based on its presale campaign. Just like Tamadoge, Battle Infinity is a brand new project that recently smashed through its ICO hard cap total. Put simply, Battle Infinity raised the equivalent of $5 million in just 24 days. This once again highlights that even during a bear market, crypto presales remain hot.
Battle Infinity is building a ‘multiverse’ ecosystem that offers a full suite of multiplayer games that operate on a play-to-earn basis. Players from all over the world will therefore be able to play Battle Infinity games with the view of earning crypto rewards.
The first gaming product to launch on Battle Infinity is the IBAT Premier League – which is a unique take on fantasy sports. In a nutshell, the IBAT Premier League will initially focus on cricket. players will need to build a custom team of cricket players with a limited budget
As each player performs in real-world cricket matches, Battle Infinity users will accumulate points. The more points generated, the greater the crypto rewards – which are distributed in IBAT tokens. Following the launch of cricket, other sports will be added to the IBAT Premier League.
This will include soccer, basketball, American football, and more. In addition to fantasy sports, other multiplayer games will be added to the Battle Infinity multiverse. The project will also launch a decentralized exchange, where players can cash out their IBAT tokens. Players can also earn additional IBAT by staking the tokens within the Battle Infinity ecosystem.
Other aspects of this project include NFT ownership of in-game assets. In terms of how to buy Battle Infinity, IBAT can be purchased on PancakewSwap. IBAT is also listed on the centralized exchange LBANK.
10. Lucky Block – Innovative Crypto Platform Offering NFT Competitions and Prizes
One of the most searched crypto this year is Lucky Block, not least because of its hugely successful presale launch that raised over $5 million in early 2022. The LBLOCK token subsequently went on to generate gains in excess of 6,000%.
This meant that LBLOCK became the fastest crypto asset to hit a billion-dollar market capitalization post-ICO. For those unaware of Lucky Block, the project built an NFT competitions platform and has now launched one of the best crypto casinos and sportsbooks.
The casino offers more than 2,700 games and a market-leading sportsbook that offers thousands of pre-game and in-play markets from the FIFA World Cup, NBA and NFL to badminton, kabbadi and eSports.
Players can deposit a variety of cryptos – including BTC, ETH and DOGE – with a minimum deposit of just $1 and no limits or fees on deposits or withdrawals.
Crypto payouts are instant in some cases and fiat deposits are also accepted via bank transfer, wire or e-wallets.
Native token LBLOCK will soon be added as a payment method and the price of the token has pumped since the casino was launched, rising by 70%.
Lucky Block allows players to sign up in less than a minute – with no KYC verification needed – and offers market-leading welcome bonuses including 15% cashback on losses for seven days.
Visit Lucky Block Casino and Sportsbook
11. XRP – Large-Cap Cryptocurrency With a Low Token Price
XRP is the native cryptocurrency of the Ripple network. Ripple – which was founded in 2012, offers payment network technology to banks and financial institutions for the purpose of cross-border transactions.
When utilizing the Ripple network, transactions take just 4-5 seconds to process irrespective of where the sending and receiving parties are located. Moreover, it costs financial institutions just a tiny fraction of a cent to initiate cross-border payments.
This is in stark contrast to the traditional SWIFT system, which is typically slow, expensive, and generally inefficient. As the native token of this project, XRP is, therefore, one of the best crypto under $1 to consider today.
XRP by far carries the largest market capitalization on this list of cryptocurrencies under $1. As of writing, the project is valued at over $23 billion. The XRP token, however, is priced at less than $0.50 at this moment in time.
The reason for this is that XRP has a large circulating supply of almost 50 billion tokens. Nonetheless, XRP trades significantly lower than its all-time high of $3.84 – which was triggered back in early 2018. As of writing, XRP is trading 87% lower than its prior high.
In most recent times, XRP is carrying a 52-week high of $1.35. Compared to prices as of writing, this offers an upside of over 180%, should XRP get back to this level when the next crypto bull market is back in force.
Cryptoassets are highly volatile and unregulated. No consumer protection. Tax on profits may apply.
12. Cardano – Energy-Efficient Crypto Asset Under $1
Cardano is the next project to consider on this list of the best cryptos under $1. Unlike Bitcoin, Cardano is considered one of the most energy-efficient cryptocurrencies in this space. The reason for this is that Cardano is a proof-of-stake coin.
As a result, the underlying network does not rely on highly competitive mathematical algorithms to verify transactions. In turn, so-called miners are not rewarded in the project’s native token – ADA. In a similar nature to Ethereum, the Cardano network enables developers to deploy and execute smart contract agreements.
This opens up the doors for external projects and crypto assets to build their framework on top of the Cardano network.
Cardano is also considered one of the best crypto staking platforms in this space. Those holding ADA can stake their tokens on the Cardano network directly to generate passive income. Just like the previously discussed XRP, Cardano is a large-cap project.
As of writing, the project carries a market capitalization of over $15 billion. Once again, its low-cost price – which stands at under $0.50 as of writing, is due to its large circulating supply of over 24 billion ADA tokens.
In terms of its performance, Cardano was priced at $2.38 during the most recent bull market. This means that as of writing, investors can buy this top trending crypto at a discount of over 80%.
Cryptoassets are highly volatile and unregulated. No consumer protection. Tax on profits may apply.
13. Dogecoin – Meme Coin With Popular Online Following
Dogecoin is a meme coin that was first launched in 2013. This digital currency was originally created as a joke to illustrate how speculative the industry had become. However, in 2021, Dogecoin became mainstream with the crypto community – which resulted in an unprecedented bull run.
For example, Dogecoin was trading at just $0.009 in January 2021. By May 2021, the same digital currency hit an all-time high of $0.74. In just five months of trading, this means that Dogecoin investors witnessed gains of over 8,000%.
And of course, those holding Dogecoin tokens for several years prior to the bull run would have been looking at even more significant growth. Whether or not Dogecoin has another bull run left in it remains to be seen. What we do know, however, is that Dogecoin has a huge community in the online space.
Furthermore, Tesla and SpaceX CEO Elon Musk is a self-proclaimed believer in the future of Dogecoin. So much so that some Tesla products can be purchased with Dogecoin. Even more pertinently is that Tesla actually holds Dogecoin on its balance sheet.
While Tesla recently sold some of its Bitcoin holdings, it refrained from cashing out any of its Dogecoin. At this moment in this, investors can buy Dogecoin at a discount of over 90% when compared to its former high of $0.74.
Cryptoassets are highly volatile and unregulated. No consumer protection. Tax on profits may apply.
14. Shiba Inu – Micro-Cryptocurrency Token With Metaverse Ambitions
In a similar nature to the previously discussed Dogecoin, Shiba Inu is one of the best cryptos under $1 for those in the market buying a trending meme coin. Shiba Inu was launched in mid-2020 by a team of anonymous developers that still to this day, have opted not to reveal their identities.
This is the case even though Shiba Inu is now a large-cap cryptocurrency project with a multi-billion dollar valuation. Shiba Inu went from obscurity to becoming a top-15 coin by market cap in the space of just 18 months.
This unprecedented journey meant that early Shiba Inu investors have since witnessed growth of several million percent. Although Shiba Inu was initially created as a meme coin with little real-world use case, the project has since expanded into the metaverse.
Similar to Decentraland and the Sandbox, investors will be able to purchase virtual plots of land within the Shiba Inu metaverse world. The native token of the metaverse is SHIB which adds it to the list of best metaverse coins to watch in 2022. Due to its huge circulating supply of over 589 trillion tokens, Shiba Inu is also an extremely cheap cryptocurrency to buy.
As of writing, for example, one SHIB token is trading at just $0.00001. Therefore, $100 would enable investors to buy over 10 million tokens. As per the current bear market, Shiba Inu is trading at a discount of nearly 90% when compared to its previous all-time high.
Cryptoassets are highly volatile and unregulated. No consumer protection. Tax on profits may apply.
15. Cronos – Invest in the Ever-Growing Crypto.com Ecosystem
Many large crypto exchanges have since launched their own digital asset, which backs the underlying ecosystem. Examples include Binance and its BNB token, which is now one of the most valuable projects in this space.
Those in the market for the best crypto under $1 to buy might instead consider Cronos. This digital asset backs the Crypto.com ecosystem, which is home to a wide variety of diversified products and services. At the forefront of this is the Crypto.com exchange.
Although Crypto.com already offers one of the lowest commission rates in this industry, it provides further discounts to Cronos holders. This will appeal to those that generally trade with a large amount of capital.
Moreover, Crypto.com offers interest accounts that generate interest. Investors can boost the APY earned by staking Cronos tokens. Crucially, Cronos offers real-world utility, which is why it is now one of the best cryptocurrency under $1.
The key challenge for Crypto.com is to begin increasing its market share in the exchange space, which Binance currently dominates by a considerable amount. If it is able to do this, there is every chance that Cronos can continue increasing its market value. in the meantime, Cronos is trading at a huge discount from its 52-week high of $0.96.
Cryptoassets are highly volatile and unregulated. No consumer protection. Tax on profits may apply.
16. Decentraland – Leading Metaverse Ecosystem With Land Ownership
Those looking to invest in the future of the metaverse concept might wish to explore Decentraland. Alongside the Sandbox, Decentraland is a leading metaverse project that enables users to explore virtual worlds and socialize alongside their digital avatar.
One of the most appealing aspects of Decentraland is that plots of land can be purchased within its virtual world. Transactions are conducted with the project’s native digital asset – MANA. Upon buying land, it is then up to the owner how they wish to proceed.
The first option is to build virtual real estate on top of the land. Due to the virtual nature of the Decentraland metaverse, options in this regard are limitless. Alternatively, investors might seek to sell their virtual plots of land on the open market.
Before the crypto bear market came to fruition, Decentraland was attracting some serious investors, with some plots selling for over a million dollars. One of the best ways to invest in the future growth of Decentraland is to buy MANA tokens.
Cryptoassets are highly volatile and unregulated. No consumer protection. Tax on profits may apply.
17. The Graph – Open-Source Indexing Protocol for Blockchains
The Graph could be a great addition to an investment portfolio, considering its unique product offering. In a nutshell, the Graph is an open-sources protocol that enables blockchain to index data on its respective network.
The reason that this could be a huge market in the coming years is that as the crypto space becomes more mainstream, the demands on blockchain networks become more intense. In turn, as blockchain throughput increases, this has the undesired impact of overloading the network – resulting in slower and more expensive transactions.
The Graph solves this issue by indexing data to ensure that blockchains can obtain relevant information as and when needed, irrespective of how busy the network is. The Graph utilizes its own native digital asset – GRT, to fuel its indexing protocol.
GRT could play a major role in the future of Web 3.0, considering how much data blockchains will be required to handle. As of writing, GRT is available to buy at just over $0.10 per token. Compared to its 52-week high of $1.33, this offers an unprecedented discount of over 90%.
Cryptoassets are highly volatile and unregulated. No consumer protection. Tax on profits may apply.
18. Basic Attention Token – Consumers Get Paid for Their Attention Through Relevant Ads
Basic Attention Token is an innovative new crypto project that aims to reward users for their ‘attention’. In its current form, consumers from all over the world are inundated with advertisements and marketing material – much of which is of no interest to the individual.
Not only that, but even if the advertisement is relevant, the consumer does not receive any of the funds that the respective marketing agency has paid. On the contrary, this goes to third-party platforms like Google and Facebook.
Basic Attention Tokens aims to completely shake up this industry by regarding users for viewing ads that are relevant to their wants and needs. This can be achieved by installing and using the Brave browser when surfing the web.
Basic Attention Token is also advantageous for advertisers. The reason for this is that the Brave browser ensures that marketing funds are being used wisely and efficiently, as ads are only shown to the right target audience.
Basic Attention Token, or BAT, is trading in the $0.30 region as of writing. This is significantly lower than its 52-week high of $1.92.
Buy Basic Attention Token on eToro
Cryptoassets are highly volatile and unregulated. No consumer protection. Tax on profits may apply.
19. 1inch – Decentralized Exchange Aggregator That Seeks to Find the Best Crypto Prices Possible
The next option to consider on our list of the best cryptocurrency under $1 is 1inch. The 1inch platform is a decentralized exchange aggregator built on top of the Ethereum blockchain. The main concept with 1inch is that its algorithm has the capacity to scan multiple decentralized exchanges for the best price possible, for a specific crypto asset.
For instance, let’s suppose that an ERC-20 crypto token trades on both UniSwap and SushiSwap. At the time of the order, the 1inch platform identifies that the token is available to buy on SuhsiSwap at a 5% discount when compared to Uniswap.
Therefore, this enables the trader to buy their desired token at the best price possible. The 1inch ecosystem has its own native token – also named 1INCH. The token operates on the Ethereum blockchain and as of writing, carries a small market capitalization of under $400 million.
This offers an opportunity for investors to gain exposure to a growing project at an attractive entry price. This is especially the case considering that 1inch has already facilitated over 23 million trades across more than 3.5 million wallets.
Cryptoassets are highly volatile and unregulated. No consumer protection. Tax on profits may apply.
Deciding Whether Crypto Under $1 is a Good Investment
Now that we have discussed 18 notable cryptocurrency projects that each trade for under $1, we can now discuss whether or not penny cryptos are a viable investment.
Circulating Supply
First and foremost, it is important to understand that the price of a token often has no relevance to its valuation.
The reason for this is that just like traditional stocks, the value of a crypto asset should be viewed by the market capitalization. This refers to the total number of tokens in circulation, multiplied by the current market price.
Let’s take Cardano as a prime example.
- As of writing, Cardano trades for just $0.30 per token.
- However, it is one of the largest cryptocurrencies in this space, with a market capitalization of over $10 billion as of writing.
- This combination of a low-cost price and large market capitalization is due to the circulating supply, which, in the case of Cardano, stands at over 34 billion tokens.
In comparison, Numeraire is a cryptocurrency with a token price of nearly $14. However, as of writing, it carries a market capitalization of just $80 million. This is because the project has less than 6 million tokens in circulation.
Crucially, the key takeaway here is that just because a crypto asset has a low token price, it doesn’t mean that it carries a small valuation.
Larger Token Allocation
On the flip side, buying a cryptocurrency under $1 does offer the perk of having a much larger number of tokens.
In comparison, investing in Bitcoin or Ethereum requires a large capital outlay just to purchase one token. For example, when Bitcoin previously hit an all-time high, it was trading for over $68,000. This is a significant amount of money to buy just one digital token.
However, in contrast, during the Battle Infinity presale, IBAT was available to buy at just $0.0015. This means that by allocating just $500 to the presale, investors would have obtained over 333,333 IBAT tokens.
Conclusion
This market insight has ranked 18 of the best cryptocurrency under $1 in the industry right now.
As we have discussed extensively, most of the crypto assets listed on this page are available to buy at a huge discount – this is because of the broader crypto bear market.
We rank Meta Masters Guild as the best crypto under $1 to buy now because of its high-potential play and earn ecosystem that rewards players for participation, contribution and victories.
The coin is available in the first stage of its presale at $0.007 before the asset’s value increases in the different stages it enters
Original article: https://cryptonews.com/news/best-crypto-under-1-dollar.htm
