Table of Contents
Bitcoin is the flagship cryptocurrency as it is the largest digital asset by market capitalization. This crypto asset greatly impacts the overall crypto market, which means any ups and downs seen in the price of BTC also cause fluctuations in the prices of other altcoins.
Apart from Bitcoin, Ethereum, Cardano and Solana are some of the top cryptocurrencies in the market. These digital assets are undoubtedly well-established and have vast user bases as well.
However, there are other crypto coins in the market that are not as popular as the ones mentioned above but have a lot of potential for growth and success.
Therefore, if you are new to the crypto space and just want to test the waters then you can begin by investing in one of the crypto assets available for under a dollar. In no particular order, we will take a look at some of the popular digital currencies that are available for less than $1.
As a novice crypto investor, you should also consider choosing the lowest fee crypto exchange to buy cryptocurrencies.
On the other hand, if you are looking to leverage trade digital currencies such as BTC or ETH for up to 100x, sign-up on Bybit today. You can also use this link to claim a bonus on your first deposit.
Crypto.com Coin (CRO)
The Crypto.com Coin or CRO is the native token of the Crypto.com exchange. This is one of the popular and excellent crypto assets that are available for under $1. It is currently trading at $0.1924 (at the time of writing) and stands out for several reasons.
The availability of a Crypto.com Visa Card is quite useful for users as it helps them get cashback returns in CRO, ranging from 1% to 8%, depending on the card tier.
A unique service called Crypto Earn is also available for the interested parties, which allows them to earn interest on almost every digital asset.
Both the CRO token and Crypto.com exchange are considered to be competitors of the Binance Coin and Binance exchange. Many crypto enthusiasts in favor of the CRO token anticipate that the crypto coin and exchange might outperform Binance in the future.
Hedera Hashgraph (HBAR)
HBAR is the native token of the Hedera network. It is one of the top crypto assets available for under a dollar and has several benefits.
It is energy efficient and has a maximum supply of 50 billion. For each transaction, the HBAR token is used to reimburse network nodes for:
- Bandwidth
- Compute
- Storage
Hedera uses proof-of-stake consensus, which is why the HBAR token is also used for network protection and weighted voting.
HBAR is currently ranked 35th and is trading at $0.2 (at the time of writing).
Shiba Inu (SHIB)
Shiba Inu is one of the most popular altcoins in the world and has grabbed the attention of a vast audience. It is the second-most popular meme coin in the market and is an ERC-20 token that is anticipated to surpass Dogecoin (DOGE) and become the top meme crypto asset.
Even though meme coins like SHIB and DOGE are more volatile than other digital currencies, they do have undeniably strong support from the community.
In terms of technical merits, it is not as advanced as other altcoins but has grabbed the attention of several types of investors.
Shiba Inu is currently ranked 15th and is trading at $0.00002755 (at the time of writing).
Stellar (XLM)
Stellar itself is a blockchain protocol and the transactions on the blockchain are processed by the Lumen token also known as XLM.
This blockchain protocol has attracted the attention of crypto enthusiasts, thanks to the fact that its transaction speed is impressive while the fees are low and fair.
It is a direct competitor to Ripple and aims to facilitate individuals instead of big financial institutions.
The XLM token is currently trading at $0.1927 (at the time of writing).
VeChain (VET)
VeChain (VET) is a flexible enterprise-grade L1 smart contract platform that started in 2015.
In 2017, VeChain began its transition to the public blockchain with the ERC-20 token VEN. A year later, the platform launched its mainnet using the ticker VET.
The VeChain platform uses two tokens as mentioned below to create and manage value based on its VeChainThor public blockchain.
- VET
- VTHO
Ranking somewhere in the 30s, the VET token is currently trading at $0.06035 (at the time of writing).
What Should Novice Traders and Investors Know?
The crypto space is quite volatile and unpredictable. There are several aspects novice parties need to whether they are interested in buying crypto assets or trading them.
One of the first aspects to consider is choosing a crypto asset to invest in or trade. The more familiar you are with your options, the easier it will be for you to dive into the crypto space. This is why you need to have the above-mentioned information regarding popular cryptocurrencies you can purchase for under a dollar.
On the other hand, you should also be familiar with the best crypto trading platform or crypto investing exchange. Choosing a secure exchange that suits your needs can help simplify the overall experience for you, especially if you are a beginner.
Therefore, whether you are looking to purchase or trade crypto, make sure you:
- Keep an eye on the price movement of the crypto asset you are interested in
- Opt for one of the largest crypto exchanges
- Begin by investing or trading as much as you can afford to lose
People who are new to the crypto space but want to invest in BTC or ETH can click on SwissBorg or Kraken (U.S. citizens).
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