13 Best Cheapest Crypto to Buy Now
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There are tons of digital assets out there that cost less than $1 — they even have their own name, “penny cryptocurrencies.” Despite their low price, many of those coins and tokens have proven to be good additions to investors’ portfolios and made many people crypto millionaires.
The price of an asset does not play such a big role in determining how valuable a cryptocurrency is — that’s decided by the market cap. The bigger it is, the more stable and reliable the crypto asset is.
Today, we want to tell you about cheap cryptocurrencies that are nowhere near being “shitcoins” and are definitely worth looking into as potential investment opportunities. If you’re looking for some cheap crypto to buy now, then you’ve come to the right place!
Please note that this article does not constitute investment advice. Don’t forget to do your own research before investing in any cryptocurrency.
What Are the Top Cheap Cryptos to Buy?
There are quite a few cheap cryptocurrencies out there, but not all of them are worth investing in. If you are looking for more investment ideas, check out our list of the best cryptos to consider for investment in 2022.
XRP (XRP)
Price: $0.834
Market capitalization: $37.97B
Official website: xrpl.org
Despite being one of the biggest cryptocurrencies in the world by market cap and in terms of popularity, XRP is still fairly cheap. But don’t let its price deter you from investing in this coin: it is incredibly promising and has proven to be a worthwhile investment.
XRP has been consistently ranking within the top 10 on CoinMarketCap for the last few years. This coin has weathered all the storms and stood strong amid all challenges, all the while its average price has been increasing over the years. Although XRP still hasn’t managed to retake its previous ATH reached back in 2018, it still has mooning potential.
Additionally, this cheap cryptocurrency stands to gain a lot from mass adoption, so XRP is definitely worth keeping an eye on.
Check out our XRP price prediction here.
Chainlink (LINK)
Price: $16.04
Market capitalization: $6.86B
Official website: chain.link
Although its price is higher than $1, compared to coins like Bitcoin or Ethereum, LINK can still be considered a cheap cryptocurrency. The cryptocurrency market is known for its volatility, but LINK has managed to stand strong and remain within the top 20 on CMC and other similar ranking websites despite all the challenges.
Chainlink is an open-source cryptocurrency that enables universally connected smart contracts. Additionally, this project utilizes a decentralized oracle network to facilitate a secure connection between blockchain networks and various sources of off-chain data.
There are no other projects that can do what Chainlink does, so, naturally, its fundamental value is quite high. Although LINK’s current price is a bit lower than its average price was just a few months ago, this crypto coin can still rise rather high because of its functionality.
Check out our Chainlink price prediction here.
USD Coin (USDC)
Price: $1
Market capitalization: $52.45B
Official website: centre.io/usdc
USDC is a bit different from the other crypto tokens and coins on this list. It is a stablecoin — a cryptocurrency that has its value tied, or pegged, to another asset. In the case of USDC, that asset is the US Dollar.
As USDC is a stablecoin, its value is naturally, well, stable. Although stablecoins can occasionally be worth a bit more or less than the asset they are pegged to, it won’t make a big difference. Such discrepancies occur due to the law of supply and demand.
USDC may not be a great investment if you’re looking to make a quick buck, but it is still a solid store of value, especially if you believe in eventual crypto mass adoption.
Stellar (XLM)
Price: $0.211
Market capitalization: $4.68B
Official website: stellar.org
Stellar, a hard fork of Ripple, has been providing people with access to blockchain services since 2014. It is an open network that facilitates the storage and transfer of money.
What sets Stellar apart from other blockchain projects is its fee structure: every transaction costs exactly 0.00001 XLM, no matter its size. Considering XLM is a cheap cryptocurrency that is worth less than a dollar, Stellar transactions are unprecedentedly cheap.
As the cryptocurrency world becomes more mainstream, there will arise a need for cheaper transactions. And Stellar, with its solid technological foundation and established reputation, is one of the best candidates for taking advantage of that need.
XLM responds well to the rise and fall of cryptocurrency prices on the market and will most likely continue to be a worthwhile investment opportunity.
Check out our Stellar price prediction here.
Terra (LUNA)
Price: $95.41
Market capitalization: $32B
Official website: terra.money
Terra uses stablecoins to operate price-stable payment systems. This blockchain network aims to combine the relative stability offered by fiat currencies with such natural qualities of crypto as decentralization and censorship resistance.
LUNA, the native cryptocurrency of the Terra blockchain platform, is used to stabilize the price of the stablecoins offered by the project. Additionally, it also lets its holders vote on governance proposals.
A native token is only as good as the project it operates, and Terra seems to have huge potential. As crypto becomes more widely adopted, there will be a need for stable stores of value — and Terra can definitely benefit from that.
LUNA had a rally in January 2022 and then again in early March, almost doubling its price both times. At the moment, many experts are saying that it is a bit overextended and may be due for a correction.
Check out our Terra price prediction here.
Polygon (MATIC)
Price: $1.578
Market capitalization: $11.19B
Official website: polygon.technology
Polygon is the first easy-to-use platform for Ethereum (ETH) scaling and infrastructure development. To put it simply, Polygon allows the Ethereum blockchain to essentially transform into a full-fledged multi-chain network similar to that of Polkadot.
MATIC is an ERC-20 token that runs on the Ethereum blockchain. It secures the platform and allows its holders to vote on governance proposals.
In addition to having incredible value and working with the Ethereum network, Polygon is also backed by two crypto industry giants — Coinbase and Binance.
Ethereum is one of the most promising crypto projects out there, and Polygon’s connection to it is undoubtedly a huge benefit. Multi-chain functionality will become increasingly important as cryptocurrencies enter the mainstream, so this crypto platform has much potential.
Check out our Polygon price prediction here.
Cardano (ADA)
Price: $1.137
Market capitalization: $28.2B
Official website: cardano.org
Aiming to create fair and transparent communities across the globe, Cardano (ADA) is another project that can be considered as one of the “faces” of the cryptocurrency markets. This cryptocurrency gained smart contracts functionality in 2021.
Unlike many other projects in the cryptocurrency space, Cardano has real-world utility and delivers on its promise to make the world a better place. For example, it is used in agricultural supply chains to track counterfeit goods.
In addition to its functionality, Cardano is also eco-friendly: it uses the proof-of-stake consensus mechanism.
ADA undeniably has great potential and could be a good (and cheap) buy. Its future value will depend on the adoption of blockchain technology and the partnerships Cardano establishes in the coming years.
Check out our Cardano price prediction here.
The Sandbox (SAND)
Price: $3.40
Market capitalization: $3.67B
Official website: sandbox.game
Sandbox, with its native token SAND, is a veteran of the crypto world — it has been around since 2011. This blockchain-based virtual world uses blockchain games to allow users to create, build, buy, and sell digital assets. It is one of the best decentralized platforms out there.
Sandbox uses a “play-to-earn” P2E business model that gamifies the process of earning money and engaging with cryptocurrencies.
However, focusing on user-generated content is a double-edged sword. While this approach is incredibly interactive and fosters a good community, it can fall apart quite quickly. The interest in NFTs and the metaverse has already started to wane, so it will be curious to see how Sandbox retains its existing users and attracts new ones. SAND is a promising cheap cryptocurrency that has a long history, but its true value will be determined by how it manages to overcome upcoming challenges. Currently, experts are divided on its future.
Decentraland (MANA)
Price: $2.62
Market capitalization: $4.48B
Official website: decentraland.org
Decentraland is a virtual reality platform that is powered by the Ethereum blockchain. It allows users to create, try, and monetize decentralized applications — dApps.
MANA is an ERC-20 token that has to be burned to acquire LAND, another token used by the Decentraland platform. MANA can also serve to purchase avatars, names, and other stuff on the platform’s marketplace.
The crypto gamification sphere is not crowded, but there’s definitely some competition — not to mention, there’s also Facebook’s Metaverse. Decentraland will have to fight hard to attract new users or establish new meaningful partnerships. However, even despite the recent decline in interest, this niche still has room to grow. MANA is considered to be undervalued by quite a few investors.
Check out our MANA price prediction here.
Shiba Inu (SHIB)
Price: $0.000025
Market capitalization: $12.2B
Official website: shibatoken.com
SHIB is a decentralized meme token that took the world by storm in 2021. Just like DOGE, it neither has any real-world applications nor performs any functions. SHIB is largely just a speculative coin that can moon or crash at any moment.
However, despite all that, SHIB has one very substantial benefit — the unwavering support of its community. For meme tokens like Shiba Inu or Dogecoin, it’s easier to make people passionate about them.
SHIB is an incredibly high-risk, high-reward cryptocurrency, and you should carefully consider all the risks before investing in it. Check out our SHIB price prediction here.
VeChain (VET)
Price: $0.057
Market capitalization: $3.1B
Official website: vechain.org
VeChain is a versatile smart contracts platform that aims to use blockchain technology to solve supply chain management issues.
Having real-world applications and ambitious plans for the future, VeChain has proven itself to be a reliable and innovative project. Although the price of VET, the native token of the VeChain platform, has been in decline lately, the fall hasn’t been extreme — and its average price is still higher than what it was in 2020, which is a really good sign.
While VeChain definitely has potential, it seems like many investors are currently disappointed in VET and its price action. So, VET is certainly a risky investment.
Uniswap (UNI)
Price: $10.36
Market capitalization: $6.3B
Official website: uniswap.org
UNI is often considered the most promising cryptocurrency in the industry — after all, it is the native token of one of the best crypto platforms out there, Uniswap. Uniswap is an automated market maker (AMM) that facilitates the trading of DeFi tokens. Decentralized finance, or DeFi, is one of the shining points of blockchain — it has utility even outside the crypto industry.
Uniswap is more than just a decentralized exchange: it aims to solve liquidity issues that plague most crypto projects.
UNI has been in decline for quite some time, and many experts are currently bullish on it. As a governance token of a promising project, it has real value. Additionally, its past price action shows UNI has mooning potential.
Check out our UNI price prediction here.
Dogecoin (DOGE)
Price: $0.139
Market capitalization: $15.5B
Official website: dogecoin.com
As the original meme cryptocurrency, Dogecoin is surely one of the most easily recognizable coins out there. Despite its widespread fame, the price of DOGE has only really taken off in early 2021 and has been in steady decline ever since. After all, Dogecoin doesn’t exactly offer any valuable service or any outstanding blockchain technology — its price rose thanks to social media hype.
It’s hard to say whether DOGE will ever be able to come anywhere near its ATH. Its reputation may help in boosting its price once again, but how long will it last? Meme tokens like DOGE or SHIB are definitely prime examples of high-risk, high-reward assets that can either moon or crash out of the blue in less than a day.
We would recommend against relying on DOGE as your sole store of value/investment, but it can be a nice addition to your portfolio nonetheless. Please carefully consider all the risks before investing in it.
If you’re looking to get some Dogecoin without paying for it, read our article on DOGE mining.
How to Buy Crypto on Changelly
Buying crypto on Changelly is incredibly easy! You can use our mobile app or the widget below or follow this guide to purchase your favorite coin or token on our website.
What Is the Cheapest Cryptocurrency to Buy?
SHIB is an unbelievably cheap cryptocurrency that can also be a good investment.
Which Cryptocurrency Will Rise in 2022?
Most coins rise alongside the rest of the cryptocurrency market. If you’re looking for cryptos with mooning potential, pay attention to ones that respond well to market trends.
Disclaimer: Please note that the contents of this article are not financial or investing advice. The information provided in this article is the author’s opinion only and should not be considered as offering trading or investing recommendations. We do not make any warranties about the completeness, reliability and accuracy of this information. The cryptocurrency market suffers from high volatility and occasional arbitrary movements. Any investor, trader, or regular crypto users should research multiple viewpoints and be familiar with all local regulations before committing to an investment.
