Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.

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 Best Crypto Under to Buy Right Now

We identified the following low-priced crypto projects to keep an eye on in the current bear cycle. 

1. Bitcoin ETF Token – Best crypto under $1 offering 500% staking APY and token burn mechanics that will remove up to 25% of the total token supply. It raised over $500,000 in less than two weeks, showing investor interest.
2. Bitcoin Minetrix – A new token offering a unique tokenized approach to cloud mining for passive income. The platform makes Bitcoin mining accessible to all while offering $30K in rewards via a minedrop.
3. Meme Kombat – Token priced at just $0.166 with a 10% increase to $0.183 soon to follow. This ERC20 crypto offers steady proof-of-stake APY and multiple betting options on blockchain-facilitated meme battles, with AI-rendered visuals for additional appeal. 
4. Wall Street Memes – With the promise of substantial long-term gains backed by an unwavering community of more than a million, the Wall Street Memes token is an attractive crypto under $1. It has raised over $25 million in just a few months.
5. Chimpzee – Another green crypto project, Chimpzee allows users to save wildlife and fight climate change while earning a passive income. Around $1.3M now raised in the presale.
6. Scorpion Casino – Crypto casino that allows all users to earn from staking pool with up to $10,000 available daily. More than $700k raised in the token presale so far.
7. yPredict – AI-powered tool that will provide data, analytics and predictive models for crypto traders and investors. Also has an AI-powered content editing tool for medium and large companies. – more than $3.5 million raised in its presale.
8. Doge Uprising – Penny crypto priced at just $0.000013 and set to automatically 2x in next presale stage to $0.000026. The story-based manga campaign also provides a 10% commission program along with PoS APY. 
9. XRP – Popular crypto that could revolutionize the global payments and financial system due to its rapid speed and low fees.
10. Cardano – Energy-efficient crypto that allows for fast and scalable dApp building. Long been one of the most popular cryptos to invest in.
11. Dogecoin – Leading meme coin with large market cap and mainstream name recognition, prone to volatility but still available at a huge discount from its all-time high.
12. Shiba Inu – ‘Doge Killer’ meme coin with much wider utility and a large market cap, although its huge supply means per token price is tiny.
13. Cronos – Utility token for leading crypto exchange Crypto.com, which is one of the biggest, safest and most popular in the space.
14. Decentraland – Leading metaverse and play-to-earn game that has attracted massive investment and interest from global brands and financial institutions.
15. The Graph – Indexing protocol for querying data, which powers many dApps in DeFi and Web3, with anyone able to build and publish open APIs.
16. Basic Attention Token – Token that allows customers to earn for watching adverts and advertisers to get a more engaged viewership.

The best cryptocurrency under $1 to buy will vary depending on the investor’s risk appetite and long-term goals. 

Analyzing the Best Cryptocurrency Below

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. Bitcoin ETF Token – Best Crypto Under $1 With 500% Staking APY And Up To 25% Token Burn Mechanics

Bitcoin ETF Token is the best crypto under $1 due to its high staking APY and token burn mechanics. It is also designed to take advantage of the potential Bitcoin spot ETF approval by the Securities and Exchange Commission (SEC), which should positively affect the $BTCETF token as well as the entire crypto space.

Buy $BTCETF tokens on the Bitcoin ETF Token site using ETH, USDT or card. You can also buy the tokens with MATIC and BNB if you want to, but keep in mind tokens bought with these two crypto coins won’t be eligible for the staking rewards.

If you plan to buy the presale, consider doing it early as there are 10 presale stages where with each consecutive stage the token price will rise. For the first stage, you can buy $BTCETF tokens for $0.0050, while for the last stage you’ll buy each $BTCETF token for $0.0068, a 36% price difference.

Don’t worry if you buy in the later stages, though. You can still maximize your potential rewards with a staking APY that currently stands at 500%. Note, this will drop as more tokens are staked, which makes it prudent to stake your tokens early on to take advantage of the high APY.

Bitcoin ETF Token has a deflationary mechanic that will burn 5% of the token supply when each milestone around the spot Bitcoin ETF approval by the SEC unfolds. This includes milestones such as the ETF approval and the launch of such an ETF. The goal is to burn 25% of the token supply.

Follow Bitcoin ETF Token on X and join the Bitcoin ETF Token Telegram channel to get the latest information about the presale and the Bitcoin spot ETF approval. Read the Whitepaper to learn more. 

Presale Started	6 Noe 2023
Purchase Methods	ETH, USDT, BNB, MATIC and Card
Chain	Ethereum
Min Investment	None
Max Investment	None

2. Bitcoin Minetrix – A New Crypto Token Revolutionizing the Cloud Mining Space, Raised .7 Million In One Month of Launch

Bitcoin Minetrix ($BTCMTX) is one of the best crypto under $1, offering an eco-friendly and secure ‘Stake-to-Mine’ approach to Bitcoin cloud mining. Built on the Ethereum platform, Bitcoin Minetrix offers a new Bitcoin mining perspective addressing contemporary challenges.

Within just over one month of launch, Bitcoin Minetrix has secured over $2.7 million, showing strong investor interest. Central to Bitcoin Minetrix’s functioning is its native token, $BTCMTX. The token’s presale price is tiered, currently available for $0.0113.

Of the 4 billion tokens, a whopping 70% is allocated for the presale, aiming for a hard cap of over $33 million.

 

Bitcoin Minetrix’s Stake-to-Mine model allows users to stake $BTCMTX tokens. In return, they’re rewarded with non-tradable mining credits. These credits are exchangeable for Bitcoin mining power on the platform, blending ease with high safety. 

The mechanism avoids risks intrinsic to conventional cloud mining, such as fraud and restrictive long-term contracts. Per the Bitcoin Minetrix whitepaper, users retain complete autonomy and can un-stake and trade their tokens as desired.

With an emphasis on user experience, Bitcoin Minetrix’s platform offers a comprehensive dashboard. It provides an in-depth glance into mining activities, covering anticipated returns and real-time metrics like hashing power, whether accessed on desktop or mobile.

Still in its early stage, the platform has seen over 200 million tokens staked, offering a promising APY exceeding 215%. However, potential variations in this APY are likely as more tokens enter the staking pool.

Reinforcing its commitment to transparency, Bitcoin Minetrix’s smart contract underwent an audit by Coinsult.

Users can enter the Bitcoin Minetrix Telegram group for real-time updates and information.

Presale Started	26 Sept 2023
Purchase Methods	ETH, USDT, BNB
Chain	Ethereum
Min Investment	$10
Max Investment	None

3. Meme Kombat – Meme vs Meme Fights With 112% APY, ERC20 Token At Just $0.166 Before Price Increase

Meme Kombat ($MK) is a presale that has raised over $850,000 and is further offering a steady 112% APY during the presale. Dynamic staking will also be initiated in the near future with more variable rewards. 

The price for this token is just $0.166, well under a dollar, though this is set to increase to $0.183 (a 10% increase) in the weeks ahead. This is probably the lowest price that the $MK token can be purchased for, before further price increases and exchange listing.

$MK is a utility token within the wider Meme Kombat ecosystem. It can be staked for APY or it can be used to bet on the outcome of meme battles. The platform offers three means of betting (Direct, P v P, and P v Game) on fight outcomes as well as side bets on dynamic fight aspects.

There are a total of 120 million tokens, and 50% are available in the presale. The team has not kept any of the token allocation to themselves, and the founder has revealed his identity. For added transparency, all bets are processed on the blockchain, with automatic redistribution of rewards to the appropriate wallets.

This could be 10x or even a 100x coin in the future if it gains some momentum behind it. Meme coins are known to have fervent and devout followings behind them. 

And this campaign captures the appeal of many memes. This includes 11 of the most popular icons, such as Doge, Floki, Pepe, etc. After Season One concludes, more memes might be added to the list.

For further details about this low-cost crypto, users are encouraged to examine the Meme Kombat Whitepaper and to connect with the Twitter account. 

Presale Started	September 2023
Purchase Methods	ETH, USDT, BNB
Chain	Ethereum
Min Investment	$5
Max Investment	None

4. Wall Street Memes – Community-Backed Crypto Under With Strong Investor Appeal

Navigating the sea of cryptos can be challenging when seeking promising coins under $1. A bright prospect emerges in the 2023 wave of meme coins – Wall Street Memes’ token, $WSM. Launched via presale in late May, this token saw a quick sell-out and listed on OKX, making it a potential candidate for lucrative investments in cryptos under $1.

The wider crypto community appears to agree, with the WSM presale raising over $25 million.

Wall Street Memes is a familiar player in the digital space. Their creators already have set a foothold in the NFT sector via its Wall St Bulls NFT collection. It has gathered a following of over a million users across various social media platforms, giving it strong community backing. 

The blend of a formidable online presence and a past successful Ethereum NFT collection cements its potential in the bustling crypto market.

The spirit of investing in undervalued assets with high potential, akin to the GameStop and AMC bull runs of 2021, fuels the meme coin trend 2023. Wall Street Memes seeks to leverage this momentum, fueled by its existing community and backed by its successful Ethereum NFT collection.

The company’s strategic tokenomics, intending to avoid the past mistakes of some meme coins, involve a total supply of two billion $WSM tokens, with 50% distributed during the presale. The rest would be split between community rewards and exchange liquidity, ensuring the supply doesn’t overwhelm the market.

Notably, even notable personalities like Elon Musk have interacted with Wall Street Memes’ content.

Additionally, Wall Street Memes organized a $50,000 airdrop for its community to celebrate this launch. For updates, investors are encouraged to join Wall Street Memes’ social channels, which can be found on its Linktree page.

However, like any investment, prospective $WSM investors should consider the high-risk-reward nature of meme coins, acknowledging their propensity for strong trends in either direction. This makes $WSM a high-risk but promising contender in the search for top cryptos under $1.

5. Chimpzee – Green Crypto with Attractive Sources of Passive Income

Chimpzee is a cryptocurrency with high potential for mainstream adoption this year. Global brands and celebrities have a history of showing interest in path-breaking blockchain projects. Especially in the NFT spectrum. 

In 2023, Chimpzee is likely to kindle a FOMO among investors worldwide through its mission to empower climate action and has already attracted around $1.3 million of investment in its presale.

The project is simple, and designed based on human psychology. It incentivizes more people to be a part of climate action and wildlife conservation, rather than just building awareness. Most of us need more than just warnings to act against a looming danger. Chimpzee acknowledges that through its three-pillared ecosystem with plenty of passive income opportunities. 

The first of these is a play to earn game (The Zero Tolerance Game) component where you can earn CHMPZ coins by achieving a series of predetermined benchmarks. The next is a trade-to-earn NFT marketplace that allows you to earn a percentage of the trading fee profits if you’re a frequent user. And the third is a shop-to-earn merchandise store, which again rewards you for supporting the ecosystem. 

It allocates 10% of its CHMPZ token supply and a share of its profits to the broad vision. CHMPZ is the native crypto of the ecosystem. Another important asset on the platform is Chimpzee NFT passports which will give holders multiple benefits and rewards. 

Some of the project’s leading partners on the mission are The Giving Block, One Tree Planted, and Wild Foundation. The list will expand in the coming stages.

If you want to grow with the project and the token, don’t miss out on the ongoing presale of CHMPZ coins. Early presale investors get up to 100% free bonus tokens and sometimes even more when they run limited-time promotions. 

Token Symbol	CHMPZ
Total Supply	200 Billion
Presale Supply	40 Billion
Network	Ethereum (ERC-20)
Purchase Method	ETH, USDT, Credit Card

6. Scorpion Casino – Earn Passive Income Based on Casino Performance

Scorpion Casino’s native token, SCORP, is the best crypto under $1 today as it provides a way to earn passive income based on the casino’s performance. Described as the future leading eGambling platform, Scorpion Casino allows its holders to earn up to $10,000 USDT in daily passive staking income.

The project has now raised more than $700k in its presale.

The project intends to build the number one social online gambling platform that provides a fun and seamless gaming experience while allowing everybody to earn. All the games on the platform are of the highest quality due to their connection with major gaming providers such as Evolution, NetEnt, and AMATIC. In addition, everybody’s favorite casino games are on the platform, including slots, poker, blackjack, and roulette.

The platform also contains a sports betting section, allowing users to wager on the outcome of their favorite sports games. Users can place bets on sports like football, basketball, boxing, MMA, horse racing, and tennis – with all major leagues integrated for each sector.

Scorpion Casino is fully regulated and licensed by the Curacao Egaming licensing entity, making the casino fully transparent and fair. Furthermore, they only work with the best reputable platforms, such as BetRadar and CoinsPaid, to provide the best possible experience to users.

The SCORP token is the exclusive payment method for the entire ecosystem and the default currency for betting across all gambling products. The casino also accepts major cryptos like BTC, ETH, and BNB. The token comes with a 10% tax to contribute to marketing, development, and liquidity. 2% of the tax is also redistributed to all SCORP holders, providing a passive income, and 1% is used to burn SCORP – making the token deflationary.

The project is hosting a presale to sell the SCORP token. Those that invest more than $1,000 in the presale are automatically enrolled in the Scorpion Members Club, which provides VIP Services, extra staking rewards, and cashback on the casino. Furthermore, you can use the exclusive bonus code Scorpion20 to get an additional 20% SCORP on your initial investment.

With crypto and online casinos booming and being one of the fastest-growing industries, SCORP provides the perfect option to get invested before it takes off.

Presale Started	Q2 2023
Purchase Methods	BNB, ETH, USDT
Chain	Binance Smart Chain
Min Investment	$10
Max Investment	None

7. yPredict – AI-Powered Analytics and Trading Tool

yPredict is another top crypto to invest in under $1 with the price of $YPRED currently just $0.1.

The token is used to pay for subscriptions and for rewards with yPredict, which is an AI-powered analytics and trading tool that has already raised more than $3.5 million in its presale – the token will also increase in price by the time it reaches its final stage.

yPredict is one of the best AI crypto projects and will offer users various data points, metrics and tools to improve their trading and investing, as well as AI-powered predictive machines that have been created by financial data and software experts.

The token is used to access different levels of features – and although there is a free tier, the top tier will offer enhanced access and insights.

The platform will also act as a marketplace for those data scientists who want to sell their predictive models, with users able to gain an edge over the market – much of which is already using algorithmic models.

Furthermore, yPredict is offering full AI-powered content editing software as it seeks to provide utility not just to crypto traders and investors but to other industries, and the project also has play-to-earn and learn-to-earn elements to keep its community active and engaged.

As mentioned above, the project is already in stage 6 of its presale with tokens to increase from the current price of $0.1 to $0.012 in the final stage.

Of the 100 million max supply of 80% has been made available during the presale.

Interested investors should read the yPredict whitepaper and join the Telegram channel for more info.

Presale Started	Q1 2023
Purchase Methods	MATIC, ETH, USDT, BNB, Credit Card
Chain	Polygon
Min Investment	200 YPRED
Max Investment	None

8. Doge Uprising – ERC20 Penny Crypto With Doge Theme and Immersive Story Featuring Elon Musk and Mark Zuckerberg

Doge Uprising ($DUP) is an Ethereum-powered presale with a unique story and a new take within the industry. This is a Doge inspired penny crypto that costs a mere $0.000013. The token price will increase 100% in the next stage to $0.000026, which is a serious investment incentive right off the bat.

This presale is differentiated on its story, which starts in the year 2045 when Mark Zuckerberg reigns supreme. To prevent Zuckberg from his plans of world domination and global surveillance, Elon Musk and a group of Doge Mecha NFTs rise up to defeat him. Investors can pilot the NFTs by making a purchase and contributing to a reduction of global tyranny, in a dystopian future. 

So investment in a Doge Mecha NFT is not just a chance of financial rewards, but it is meant to be part of a larger movement. Coins like Doge and Shiba Inu experienced extreme returns based on the strength of their communities, and Doge Uprising hopes to do the same. It will feature multiple AMAs and hopes to garnish support from a number of key influencers to push forward its roadmap goals.

Along with possible price appreciation of both the NFT and $DUP token, users can benefit from PoS staking APY as well as a generous referral program, whereby the referer can earn 10% of the referee’s investment, paid automatically into the wallet.

There are a total of 450 billion $DUP tokens with 270 billion available in the presale. Due to the price differences between the presale stages, early stage investment is more beneficial, from a financial perspective. 10% of the token supply, 45 billion tokens, is also set to be airdropped.

To take part, a Web3 wallet needs to be linked to the official page, with the transaction facilitated in ETH, USDT, or BNB. Tokens will be received after presale completion and $DUP will list on Uniswap.

More information can be obtained from the Doge Uprising Whitepaper, as well as the Telegram account.

Presale Started	October 2023
Purchase Methods	ETH, USDT, BNB
Chain	Ethereum
Min Investment	None
Max Investment	None

9. 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 $26 billion. The XRP token, however, is priced at around $0.50 at this moment in time. 

The reason for this is that XRP has a large circulating supply of more than 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.   

Buy XRP on eToro

Cryptoassets are highly volatile and unregulated. No consumer protection. Tax on profits may apply.

10. Cardano – Energy-Efficient Crypto Asset Under  

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 $12 billion. Once again, its low-cost price – which stands at under $0.35 as of writing, is due to its large circulating supply of over 34 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 90%. 

Buy ADA on eToro

Cryptoassets are highly volatile and unregulated. No consumer protection. Tax on profits may apply.

11. 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.

Buy DOGE on eToro

Cryptoassets are highly volatile and unregulated. No consumer protection. Tax on profits may apply.

12. 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. 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 $0.000008. As per the current bear market, Shiba Inu is trading at a discount of nearly 90% when compared to its previous all-time high.

Buy SHIB on eToro

Cryptoassets are highly volatile and unregulated. No consumer protection. Tax on profits may apply.

13. 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.

Buy CRO on eToro

Cryptoassets are highly volatile and unregulated. No consumer protection. Tax on profits may apply.

14. 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.

Buy MANA on eToro

Cryptoassets are highly volatile and unregulated. No consumer protection. Tax on profits may apply.

15. 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%. 

Buy The Graph on eToro

Cryptoassets are highly volatile and unregulated. No consumer protection. Tax on profits may apply.

16. 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 $0.20 region as of writing. This is significantly lower than its 52-week high of $1.92. 

Buy BAT on eToro

Cryptoassets are highly volatile and unregulated. No consumer protection. Tax on profits may apply.

Deciding Whether Crypto Under is a Good Investment

Now that we have discussed 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 $0.35 per token.
• However, it is one of the largest cryptocurrencies in this space, with a market capitalization of over $12 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 35 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 $85 million. This is because the project has less than 11 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. 

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, even though it’s considered by many to the best crypto to invest in.

In contrast, during a presale prior to a new coin launching, tokens are often available to buy for well under a dollar, even for a fraction of a cent.

Conclusion

This market insight has ranked many 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. 

With its comprehensive community-focused approach, Bitcoin ETF Token offers a unique platform for investors. This is a speculative token designed to take advantage of the spot Bitcoin ETF approval by the SEC. While you wait for such an approval, you can stake your tokens and earn 500% APY. 

FAQs

What is the cheapest and best crypto?

Notable options to consider right now includes Bitcoin ETF Token. Currently priced at $0.0052, $BTCETF, the native token, is currently on presale and has raised around $560,000 in less than two weeks of the presale. 

What is the best crypto to buy under $1?

Among the plethora of options available, buyers can consider Bitcoin ETF Token as a viable option. $BTCETF, the native crypto of this project, is priced at only $0.0052 during the ongoing presale.

Which crypto coin will reach $1 next?

Those in the market for an established cryptocurrency that is priced under $1 have various options to consider. XRP, for example, is trading at under $0.50 as of writing, albeit, the token carries a 52-week high of $1.35. Another potential option is The Graph, which trades at $0.11 as of writing, but carries a 52-week high of $1.33. Alternatively, investors looking to buy into newly launched crypto projects while they are still young might consider the likes of Bitcoin ETF Token.