Best Cryptocurrencies Under $1
Cryptocurrencies that are priced under $1 have slim chances of falling. Due to their negligible prices, there is only going up for such “penny” cryptocurrencies. Since major cryptocurrencies such as Bitcoin (BTC), Ether (ETH), and Litecoin (LTC) are priced over $100, investing in them can be a tough financial decision for many. This leads to finding the best cryptocurrency under $1 for investments.
What is a Penny Cryptocurrency?
Penny cryptocurrencies or cryptocurrencies under $1 value are emerging as the best options to enter the crypto investor space. In present times, penny cryptocurrencies are worth nothing. However, like every other cryptocurrency, these tokens are set to gain growth in the coming days. They will soon be worth over $1 or even $10, which would amount to nearly 1000% growth in value. These penny altcoins, therefore, are the best investment options for people in 2021.
Top 10 Best Cryptocurrencies Under $1 for 2021
Here are the top ten best cryptocurrencies under $1.
1. Basic Attention Token (BAT)
Basic Attention Token (BAT)
The Basic Attention Token (BAT) was developed by Mozilla co-founder Brendan Eich. It is based on the concept of improving the security, efficiency, and fairness of digital advertising. BAT coins are built on blockchain technology and are native to the Brave browser apps. BAT projects are currently being developed on the EOS decentralized applications (dApps). According to price data, the BAT coin has one of the highest market capitalizations. The current price of a BAT coin is $0.32541100. Web browsing and social media advertising are the key drivers for its value growth.
2. QuantStamp (QSP)
QuantStamp is a scalable penny cryptocurrency. It works as a security-audit protocol to track security loopholes in ETH smart contracts. It is currently worth $0.04214 and registers a daily growth of over 28% over the past few months. QuantStamp market cap is growing steadily as QSP coins are offering the best long-term profits for investors. QuantStamp is also being integrated into several EOS dApps.
3. Ardor (ARDR)
ARDR coins are showcasing growth similar to stable coins such as LTC and Tether. They run as components on the “Blockchain As a Service” (BAAS) model. ARDR coins are removing the barrier to entry for most businesses. They are considered as the best penny altcoins to Bitcoins. The market cap of ARDR is set to reach $100 million by the end of 2021. An ARDR coin is currently valued at $ 0.0824.
4. Ravencoin (RVN)
Among the penny altcoins, Ravencoin is derived from pop culture reference. It is inspired by the popular fantasy drama, Game of Thrones. RVN coins, however, are not quite mythical in the crypto space. They are showcasing real-world growth with a market cap of $51 million as of early 2021. Based on the Bitcoin (BTC) business model, RVN coins are available at every cryptocurrency exchange at the price of $0.02420621 as of today.
5. Nem (XEM)
The New Economy Movement (NEM) token is derived from a Smart Asset System. These tokens allow companies to build their business platform on the blockchain. People can buy XEM coins through dApps and gain good returns in their crypto portfolio. This peer-to-peer altcoin also has a ‘Messages’ feature. The transaction fees for buying XEM coins are near-zero. Today, a XEM altcoin’s value is $0.277517, holding a market capitalization of more than $213 million.
6. Stellar Lumens (XLM)
Stellar Lumens (XLM)
Stellar Lumens have a high potential for growth in 2021. The XLM market capitalization is growing aggressively in the crypto market. In the growth of XML, the price was second to no one. Despite being worth less than $1, XLM coins are high-value investments for 2021. The current price of XLM is $0.33, with a market cap of US$ 2.12 billion, as of early-February 2021.
7. BitTorrent (BTT)
BitTorrent is one of the oldest cryptocurrencies in the world. BitTorrent coins are circulated in over 138 countries. As penny crypto money, BitTorrent has captured nearly 22% of the total upstream traffic in the crypto world. More than 100 million users are buying BTT coins every day. The growth of BitTorrent resembles the growth of stablecoins such as Tron (TRX). Most TRX holders are buying BitTorrent assets for their associated benefits. It is worth $0.00040183 with a $400 million market capitalization.
8. Cardano (ADA)
With a high market cap, buying a lot of ADA coins is quite profitable. People are investing a lot in the ADA coin due to its steadfast growth in the TRON ecosystem. There is no question about ADA being a fast-growing penny crypto in 2021. The development team behind Cardano is advancing their blockchain to make the price grow easily in the TRX ecosystem. Cardano coins are currently valued at $ 0.40 apiece. They hold a market cap of $13 billion as of early 2021.
9. Ontology (ONT)
Based on China’s Onchian projects, ONT is a fast-growing crypto money worth under a dollar. The current price of ONT is $0.61, accounting for a $200 million market cap. Since 2017, the supply of ONT coins has increased significantly. They have surpassed the supply of TRX and BCH coins. The more ONT coins you buy, the more their value increases. Users are stacking their crypto data for ONT money and spending a lot of fiat currency on them.
10. Pundi X (NPXS)
Pundi X (NPXS)
Pundi X (NPXS) is a transaction system used by small and medium merchants and one of the promising penny cryptocurrencies to invest globally. Compared to XRP, BCH, and other stable coins, NPXS is platform-independent. The author of this asset is unknown. However, people have claimed to be the author of Pundi X in the past. The trading market cap of NPXS is $0.0004288, with a market cap of $100 million.
The overall crypto marketplace has a market capitalization of 600 billion USD as of early 2021. The cryptocurrency market is set to gain more traction on the blockchain in the coming years. Developers of these penny cryptocurrencies and cheap tokens see high growth potential. Their supply will increase as their current price against the dollar will rise exorbitantly. The cheap price tag on these assets indicates a promising investment opportunity. In the times to come, buying a high amount of penny cryptos today is likely to make you millions in trading profits.
FAQs on Best Penny Cryptocurrencies
1. Which Cryptocurrency under $1 is a good investment for 2021?
BAT cryptocurrency is one of the best penny cryptocurrency investment options for 2021.
2. Can BTT reach $1?
Yes, predictions from the smart technical analysis indicate that BitTorrent will reach $1 by the end of 2021.
3. Which cryptocurrency has the best potential?
Ripple (XRP) and Stellar Lumens (XLM) are showcasing the best potential in value growth.
4. What is the best cryptocurrency to invest in 2021?
In terms of penny cryptocurrencies, Basic Attention Token (BAT) is the best investment option for this year.
5. Which Cryptocurrency is growing the fastest?
Bitcoin is the fastest-growing, best cryptocurrency of all time.