Often buying cryptos when their prices are low provides maximum opportunity to benefit from future price growth. Many investors prefer purchasing low market cap Cryptocurrencies, especially those with prices below $1, in the hope that they can easily exceed this level in the future when more investors come into the project.
This work has made a random selection of the eight most promising Cryptocurrencies that have performed so well since their creation.
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8 Cryptocurrencies below $1 to buy in 2022
1. Cardano (ADA): Cardano (ADA): Cardano is one of the most valuable Cryptocurrency ever launched. This coin, Cardano, prides itself on the third-generation blockchain. It seeks to solve the limitations found in every other Cryptocurrency that preceded it by utilizing a special proof-of-stake mechanism called Ouroboros, which makes the blockchain very secure and swift in executing transactions. The price of Cardano is currently ranging above $0.32 as a result of the bear season.
2. Ripple (XRP): XRP ranks today as the sixth most valuable Cryptocurrency in the world, with a market capitalization of $22.9 Billion. This coin strives daily to improve the intrinsic value of its currency and hopes to take Cryptocurrency adoption to greater heights. This has made some investors eager to trade ripple with leverage all the more. The price of XRP is currently above $0.450, offering a good buying opportunity for long-term investments.
3. FANTOM (FTM): Fantom is an important blockchain that supports the creation of DeFi, Dapps, and other business applications. The Fantom blockchain aims to solve the scalability issues seen in other projects by utilizing the Directed Acyclic Graph (DAG) to speed up the transactions on the blockchain at a low cost too. The price of this coin is currently ranging at $0.2600, which is highly below its all-time high, created at $3.4842 in November 2021.
4. Yield Guild Games (YGG): YGG is a Play-to-earn gaming token that brings players together on the Metaverse. It is also used for investing in NFTs and other blockchain-centered games. The price of this token is currently seen above $0.380 in November amidst the crypto winter.
5. BurgerCities (BURGER): BurgerCities is an important DeFi project that allows users to create NFTs, Play games, and partake in other socializing activities. It supports a DEX exchange on its blockchain known as BurgerSwap. The price of this token is currently at $0.8670.
6. Ocean (OCEAN): Ocean is a DeFi project that provides tokenized services, making it easy to store and share data using the blockchain. It provides access to a wide range of marketplaces for buying and selling Crypto and NFTs. The price of this token is currently ranging above $0.2080.
7. Voxies (VOXEL): Voxie is a gaming token designed with the 3D turn-based RPG model for playing games on the blockchain. Holders can use this token to buy weapons, armor, and NFTs while playing games on the blockchain. The price of this token is seen at $0.2512 in November 2022.
8. Green Metaverse Token (GMT): Voxie is a gaming token designed with the 3D turn-based RPG model for playing games on the blockchain. Holders can use this token to buy weapons, armor, and NFTs while playing games on the blockchain. The price of this token is seen at $0.2512 in November 2022.
Is cryptocurrency a good investment?
Cryptocurrency investment has become a popular investment since the creation of Bitcoin in 2009. Most crypto assets have yielded massive returns to investors over the years. However, not all crypto projects have been successful after creation. It is, therefore, very necessary for investors to identify good crypto projects before ever proceeding to invest in them.