Best Cryptos under 1 Dollar to Invest in Today (2024) | OWNR Wallet
Best Cryptos Under 1 Dollar to Invest in Today
While Bitcoin is still regarded by many as a must-have in their portfolio, it is not likely to multiply your investments by more than x5-x10, not to mention it is too expensive to buy. After all, the market is flooded with promising altcoins that can pay off in a much better way. But where to search for them and how to distinguish worthy coins?
This article is intended to help you pick the best crypto under 1 USD for your portfolio. These are native tokens of blockchain projects that have all chances to disrupt their industries and offer users some outstanding features.
Full Reviews of the Best Crypto Under 1 USD to Invest In
Pretty often, a crypto project has a large market capitalization, but tokens are priced under a dollar because of an immense total supply. In this case, coins stand no chance of overcoming the $1 threshold no matter how great a project is. This guide reviews the tokens with an optimal total supply and tangible reasons for price growth.
1. Impt.io (IMPT) – Brand New Crypto Token in Presale Stage of Launch
By investing in the IMPT cryptocurrency, you can become a part of an effective carbon offset campaign. Impt.io is a vast ecosystem that links corporations with a social conscience with organizations and people looking to lessen their ecological impact. This blockchain-based platform enables users to purchase, trade, or retire carbon certificates without engaging in double counting or fraud.
Impt.io is a sustainable carbon-credit market that awards users for their environmental efforts and addresses many issues that still plague the sector. The Impt.io community is supported by the IMPT utility cryptocurrency.
In the Impt.io network, the IMPT token can be used as money and will be compensated in return for carbon credits. Additionally, the IMPT will enable entry to the exclusive DAO and sophisticated platform functions for the holder.
IMPT is a deflationary crypto under 1 USD with a maximum supply of 3 billion. The price is anticipated to rise considerably during the presale and to grow even further following the presale stage of production. After the deal is over, IMPT will go live on large cryptocurrency platforms.
Since it is regarded as the sustainable option to Bitcoin, IMPT may be a reliable cryptocurrency to work with. The coin has a variety of applications and a limited quantity, both of which are expected to drive up the price.
2. Battle Infinity (IBAT) – Upcoming Crypto under 1 USD for 2024
When it comes to the most popular crypto under 1 USD, Battle Infinity is among the leaders. Despite not having yet been launched, Battle Infinity is already starting to create a buzz in the industry thanks to its distinctive mix of P2E (Play-to-Earn) gaming features and metaverse-based concepts. The platform provides NFT and DeFi applications as an added function, making it a very engaging option for gamers.
Battle Infinity utilizes the online environment known as "Battle Arena" to let its users communicate and make characters. Users will also be able to buy virtual plots of property that can be used to host in-world advertisements in order to make money. Prospective users who are curious to learn more about this intriguing new coin under 1 USD can join the official Telegram group, where all the crucial updates will be made available.
At its core, Battle Infinity has six unique features that are intended to generate profit in an entertaining, interesting way. The IBAT Premier League is a blockchain-based competition that structures each participant as an NFT, in contrast to traditional fantasy sports competitions.
Users of Battle Infinity have access to these NFTs, plus they can exchange them and profit from the raised secondary market prices as a result. Battle Infinity's native DeFi exchange, IBAT Swap, allows users to swap their native BEP-20 currency ($IBAT) for other currencies.
If the team manages to follow its roadmap in time, the $IBAT token, which is used for award sharing and staking, will probably rank among the best DEX currencies in 2024. Users will also be able to use $IBAT to alter their images as part of the NFT store that is already integrated into Battle Infinity.
3. Lucky Block (LBLOCK) – One of the Best Crypto Under 1 USD Within the Crypto Lottery Market
One of the top cryptocurrencies to buy right now is Lucky Block, which was released in early 2024. This initiative is creating a platform for crypto-lotteries. The lotto, which is intended to enhance conventional lottery draws, is hosted on the Binance Smart Chain. Besides that, Lucky Block is one of the best spots for crypto giveaways.
To significantly increase openness and fairness, the project plans to replace the conventional "offline" ways used to perform these draws with blockchain technology. This crypto under 1 USD should be on your radar because Lucky Block will be able to offer a higher payout rate and more frequent rewards when the daily lotto becomes widely accessible.
If you're searching for the best cryptocurrency under 1 USD in the lottery or gaming niche, Lucky Block's price is too compelling to ignore. In addition, the designers of Lucky Block have added a number of features that make holding this coin a great long-term investment.
4. DeFi Coin (DEFC) – Crypto Under 1 USD with a Strong Link to DeFi
Another cheap coin with a price under 1 USD is DeFi Coin (DEFC). Although DeFi Coin was introduced in May 2021, it became well-known recently, following the long-awaited debut of DeFi Swap. DeFi Coin has a lot of possibilities for trading in addition to earning money from this exchange.
Since the early May debut of DeFi Swap, DEFC has given token holders triple-digit returns, making it one of the finest altcoins available for its future worth. DeFi Swap's native currency, DEFC, also gives buyers access to the exchange's expansion.
The 10% transactional fee on buy and sell orders has also been introduced by the DeFi Coin makers as a way to encourage buyers to keep the cryptocurrency for an extended period of time. A total of 50% of the collected sum is returned to DEFC token holders as compensation. As a result, they will have a consistent income for the remainder of their lifetimes. The other half is put into one of DeFi Swap's liquidity pools, where it aids in yield harvesting and token exchanges.
DeFi Coin's set 100 million token supply will be reduced with the "manual burn" method that gradually lowers the overall quantity over time. As a result, DEFC will turn into a deflationary commodity and encourage bullish market movement, because the leftover coins will be viewed as being "scarce." This is the best crypto under 1 USD to keep in your wallet for the long term.
5. Ripple (XRP) – Undervaluated Crypto to Buy Under $1
Another inexpensive and highly undervalued crypto under 1 USD is XRP. The blockchain behind the Ripple altcoin aims to disrupt the global financial sector. The technology enables cross-border payments and communications, making them quicker, cheaper, and more private than SWIFT transactions. Ripple's payment system has already been implemented as a means of transmitting payments by more than a dozen renowned institutions worldwide.
When XRP was introduced in 2014, the cryptocurrency market was able to recognize its enormous potential right away, and by 2018, the token was trading for more than $3. But after the SEC in the US sued Ripple Labs, the price of the XRP coin dropped sharply, ultimately breaking parity with the dollar. Because of the current SEC lawsuit, Ripple is still one of the best crypto under 1 USD to purchase right now.
In addition, the cryptocurrency has demonstrated its viability during previous crypto rallies, and shows signs that it is capable of crossing the $1 threshold at any moment. After the brief upswing in late 2020, the XRP price surpassed $1 in early 2021. Based on this, XRP is probably just one rally away from breaking above $1 and exploding as a result of the SEC’s verdict.
6. Dogecoin (DOGE) – 2024’s Best Meme Crypto Under 1 USD
The most lucrative and well-known meme money currently in use is Dogecoin. Elon Musk, a well-known entrepreneur, is one of the project's major supporters, but Dogecoin also has the backing of a sizable group of investors and leaders in the cryptocurrency space. The community on Twitter and Reddit also adores this cryptocurrency. It is included on our list of the best crypto under 1 USD to purchase in 2024 because of its capacity to generate considerable profits for buyers in a reasonably short period of time.
The Dogecoin team claims that during the first five months of 2021, DOGE generated nearly 2,000% profit for its owners. The cryptocurrency is unlikely to reach $1 anytime soon, in contrast to the bulk of the other cryptocurrencies in this post. However, it is very likely that Elon Musk's backing, resurrected meme coin mania, the revival of the cryptocurrency market, and the ongoing hype from the crypto community will all support DOGE's growth.
7. Basic Attention Token (BAT) – Best Crypto Under 1 Dollar for Long-Term Investment!
Basic Attention Token, the native cryptocurrency of the Brave browser, is a token-economy cryptocurrency developed by Brave Software. This type of coin targets the multi-billion dollar internet advertising market and is very promising. The service also follows the wave of online privacy, giving you more control over the kinds of personal data that marketers gather from you, the advertisements you see, and even the payments you get for watching them.
Since its 2017 release, the Brave browser has been gradually increasing its audience: at the moment of writing this article, it has around 50 million active monthly users. BAT is one of the best cryptos under 1 USD to add to your portfolio, considering that its price is 86% below its all-time peak.
8. VeChain (VET) – The Best Ethical Cryptocurrency under 1 USD
The VeChain initiative was first introduced in 2015 on the Ethereum blockchain, but along with its blockchain environment in 2018, the VeChain platform underwent rebranding. VeChain seeks to ensure that the movement of tangible products is monitored at every step of the supply chain by ensuring the ethical oversight of the entire manufacturing process. This will provide much-needed openness and guarantees of the integrity the process.
VeChain has arguably been the most effective case study of how the fusion of distributed ledger technology (DLT) and the Internet of Things (IoT) can lead to significant innovation in the global economy. VeChain has the ability to be integrated into a variety of IoT technologies for solutions that go far beyond the supply chain management niche that businesses presently use the VeChain blockchain for.
Is It Worth Investing in the Best Crypto Under 1 USD?
Regardless of cryptocurrency price, these are highly volatile assets that are quite risky to deal with. Native tokens of less well-established projects are prone to serious price changes, especially when platforms pass major milestones in their development. Yet, there are a range of reasons why you should consider making the best crypto under 1 USD a part of your crypto portfolio.
Buy Larger Amounts of Tokens
Investing in a token in bulk with the expectation of making significant long-term profits is one of the reasons people choose to acquire the best crypto under 1 USD. For instance, if a purchaser has $100 to spend, they might choose to purchase a very small amount of a costly currency like Bitcoin, and it won’t make a big difference in profits down the road. Instead, they might purchase hundreds or even thousands of digital coins from a one-cent cryptocurrency in the hopes that it will take off and generate a sizable profit.
Earn Rewards and Win Prizes
Many new projects behind cryptos under 1 USD provide incentives, benefits, or methods to generate yields. For instance, TAMA is a token with significant potential that will be used to buy NFT assets in the Battle Infinity Play-to-Earn game. Battle Infinity provides users with numerous opportunities to earn generous amounts of TAMA, and if you get NFTs on top, you can make an extra profit down the road. Plus, such tokens can be staked while the project is on its way to popularity.
In the case of Lucky Block, every user who buys their NFTs automatically enters weekly prize draws. Lucky Block also gives eligible LBLOCK token holders a free ticket to the jackpot draw. These are just a few examples of how crypto projects can incentivize their community and generate them earnings.
Great Way to Diversify Crypto Holdings and Limit Risk
Lower price means lower entry threshold, so you can greatly diversify your portfolio by purchasing cryptocurrencies under 1 USD. Diversification is a key principle for investors that helps them minimize risks. In its turn, risk management is essential when you deal with such a volatile market as cryptocurrencies. Since there are so many low-cap cryptos with prices under 1 USD, diversification is actually simpler than it sounds.
When you figure out a set of crypto projects to buy coins from, make sure to choose tokens with a variety of use cases or objectives – they stand a higher chance of being demanded and actively traded. Lastly, when you buy numerous cheap cryptocurrencies, you are free to choose from different projects, starting from meme coins and ending with sports platforms.
Ability to Buy on a Large Scale to Increase Future Growth Potential
The value of the cryptocurrency marketplaces has decreased since they peaked in late 2021. Many buyers see this as an opportunity to purchase cryptocurrency at a fraction of their cost. An excellent illustration of this is Bitcoin, which began trading in 2010 for $0.0008 and its token price surpassing the $60,000 level in 2021. If you had invested $1,000 in BTC thirteen years ago, you would be a multi-millionaire by now.
Purchasing the best crypto under 1 USD enables investors to buy more tokens, and, although there are no guarantees, get a chance to multiply the worth of their holdings.
Staking Allows Investors to Earn a Passive Income
One of the most widespread methods of making money in the blockchain niche is through staking and farming. Users choose high-yield pools and lock their tokens for a certain period of time. If their coins grow in value, holders can make a great profit.
Unlike mining or trading, which can occasionally require a sizable amount of investment or advanced technological knowledge, staking allows crypto owners to enjoy passive income.
A prime illustration of this is Ankr. AETHc, a synthetic currency, is used as part of Ankr's Eth2 staking solution to provide users with a high degree of security, an alluring incentivizing system, and instant staking liquidity. Moreover, the platform offers one-click node hosting for any investors who wish to develop or stake over 50 protocols.
How to Reduce Risks When Buying the Best Crypto Under 1 USD?
Investing in crypto under 1 USD can be risky, as these coins are often considered to be more volatile and have less liquidity than larger cryptocurrencies. However, there are a few things you can do to reduce the risks associated with investing in these coins:
Do your research. Before investing in any cryptocurrency, it's important to do your research. Look into the coin's fundamentals, such as its technology, community, and development team. Make sure you understand the coin's use case and potential for adoption. Avoid investing in cryptocurrencies that promise quick and guaranteed returns or have little to no real-world use case.
Diversify your portfolio. Investing in a variety of different cryptocurrencies can help reduce your overall risk. Out of 10 tokens, only one might grow in price considerably – but it will cover all your other losses. Don't put all of your money into one coin, but instead spread your investments across multiple coins. Use dollar-cost averaging. Rather than investing a large sum of money all at once, consider using dollar-cost averaging. This involves investing a fixed amount of money at regular intervals over time, which can help reduce the impact of market volatility on your investment.
Use a reputable exchange. When buying and selling cryptocurrencies, it's important to use a reputable exchange with a good track record. Look for an exchange that is well-established, has good security measures in place, and a strong reputation within the cryptocurrency community. Beware of phishing scams, where scammers impersonate legitimate websites and emails to trick users into giving away their login credentials or personal information. Always double-check the URL of the website and the sender's email address to make sure they are legitimate.
Store your coins in a safe place. Crypto exchanges and wallets can be vulnerable to hacks and thefts, so make sure your funds are kept in a safe place. If you need quick access to them (for example, for trading), you can store your coins in OWNR Wallet – it allows users to manage their digital currencies in a safe app. For long-term cold storage, consider using a hardware wallet like Trezor or Ledger. Once you decide on the storage option and deposit the funds, keep your private keys secure and never share them with anyone. Private keys are used to access and transfer your cryptocurrency, so it's essential to keep them safe.
Avoid unsolicited offers. Be wary of unsolicited offers from strangers, especially on social media or messaging apps. Scammers often use these platforms to offer fake investment opportunities, free giveaways, or get-rich-quick schemes.
By following these tips, you can help reduce the risks associated with investing in crypto under 1 USD. However, it's important to remember that cryptocurrency markets can be highly volatile, and there is always a risk of losing money when investing in these assets.
Cryptocurrencies can be more profitable than anything else because of their high volatility and huge potential for project development. Plus, you can start building your portfolio with a few dollars in your account. Investing in the best crypto under 1 USD makes sense because you stand higher chances of multiplying your funds.
The lower the token price, the more space for growth it has (unless the token supply is trillions of coins). However, it is crucial to understand the difference between shitcoins and tokens with real value – many cryptocurrencies are not underpriced, they just don’t have any value. Hopefully, this guide will help you make the right decision and purchase tokens with higher profit-generating potential.
What is the lowest priced crypto?
The lowest priced cryptocurrencies like SAFESTAR are worth $ <0.0000001 per unit at the moment when they appear on exchanges. However, the majority of these coins belong to projects with a zero or minimal market cap and don’t generate much profit (there are exceptions, though). If you are searching for worthy coins with a minimal price, opt for FGHT, TARO, CCHG, RIA, ALGO, ATOM, SHIB, IBAT, ROSE, RIA, or LBLOCK.
What is the best crypto under 1 USD?
When you are searching for the best cryptocurrency under 1 USD, make sure that the token supply is not trillions of coins (up to one billion is optimal), the project behind it has chances to develop and grow, and the team behind it is not anonymous. You can opt for the most popular cheap cryptocurrencies, such as Ripple (XRP), Cardano (ADA), Dogecoin (DOGE), Polygon (MATIC), Shiba Inu (SHIB), TRON (TRX), and Algorand (ALGO
Can I invest in Bitcoin with $1?
Theoretically, you can buy a few fractions of a BTC for $1. However, such an investment does not make sense now, when the BTC token price exceeds $20,000 – the value of your savings will hardly grow. Besides that, many exchanges have a minimum BTC trading threshold; for example, Binance does not allow users to spend less than $10 (or its equivalent) when trading in pairs with BTC.
Where can I buy crypto under 1 USD?
You can purchase cheap cryptocurrencies on decentralized exchanges (PancakeSwap, Uniswap, 1inch, Curve, etc.) or centralized exchanges (Coinbase, Binance, Kraken, etc). Note that cheap cryptocurrencies, especially the tokens of new projects, are listed on a few platforms only – make sure that your chosen tokens are supported by the trading platforms that you use.
Which crypto asset will reach $1 in 2024?
It is hard to make reliable predictions, because the crypto market is highly volatile. However, the most promising coins that can reach this threshold include Dash 2 Trade (D2T), Calvaria (RIA), IMPT (IMPT), Tamadoge (TAMA), Ripple (XRP), Shiba Inu (SHIB), Cardano (ADA), Tron (TRX), and Decentraland (MANA).
Disclaimer: OWNR Wallet does not advise investing in high-risk crypto assets and strongly recommends that you only use funds that you can afford to lose. Please be aware that investing in cryptocurrencies may result in financial loss, so make sure to do your own research before buying tokens.