The Best 10 Cheapest Cryptocurrency to Buy has been Revealed. There are currently about 20,000 cryptocurrencies on the market. Most of these could not break the parity with the dollar. In such a flooded crypto market, how do you determine the best crypto to buy under $1 in 2023?
How do you get the cheapest cryptocurrency – which has the highest probability of exploding Our team of analysts has tried to help you reach this conclusion and guide you to the right investment decision. We searched the market, analyzed numerous cryptocurrencies, and finally decided on the 10 best cryptocurrencies we consider to be buying below $ 1.
Best 10 cheapest Cryptocurrency Under $1 to buy :
Here is a short list of the 10 cheapest cryptocurrencies to buy today – all priced below $ 1 and with a hugely promising future.
- Cardano (ADA) – Overall the best crypto under $1 to buy in 2022
- Ripple (XRP) – Best Large Cap Crypto below $ 1
- Dogecoin (DOGE) – The best meme currency to buy under $ 1 in 2022
- Basic Attention Token (BAT) – Best Token Economy Crypto to Buy Under 1
- Stellar lumens (XLM) – Crypto established under 1 for strong usage
- Tron (TRX) – the best crypto under $ 1 with a strong roadmap
- Algorand (ALGO) – The most promising crypto under 22 1 to buy in 2022
- Cronos (CRO) – Best Exchange-Based Crypto Under $ 1 to Buy in 2022
- CHILZ – Best sports and entertainment-centric crypto under $ 1
- SHIB – Invest in a meme coin with a huge upside potential
1. Cardano (ADA) :
Cardano, the largest smart contract platform and the most valuable cryptocurrency on this list, tops our Best Crypto Index below $ 1 for purchase in 2022. Launched in 2017, Cardano is finally aiming to replace Ethereum as the most preferred smart contract platform. It is unique – in the sense that it is the first peer-reviewed blockchain technology – which makes it the most secure crypto network.
The need to peer-review programs and protocols in the network before integrating them into the ecosystem makes the Cardano blockchain less dynamic. For example, it only integrated smart contract functionality in September 2021, and its Defi, dApps and NFTs niches have not yet blossomed.
Cardano’s security, its efficient leadership under Charles Hoskinson and its high level of decentralization have earned the confidence of investors. These have helped Cardano raise market caps beyond $ 17 billion and have become a near-permanent feature in CoinMarketCap’s list of 10 most valuable cryptocurrencies.
We also noticed a trend, every time Cardano added a key feature to his blockchain, the ADA token gained value. Moving forward, Cardano is expected to roll out a number of key features and programs – expand its DeFi and dApps offerings from the meme currency to Web3 Apps and Protocols, and score more partners.
All of this is expected to help accelerate the ADA’s token value, which has peaked at $ 25 in 2025 and $ 50 at the end of the decade – effectively increasing your investment by 10000%. And such a promising future further confirms why Cardano is one of the best cryptocurrencies to buy at $ 1 and HODL.
2. Ripple (XRP) :
Another cheap and inexpensive crypto to buy under $ 1 is XRP. Ripple Coin and Ripple Blockchain seek to disrupt the global banking industry. They want to replace the Swift payment and communication network and launch a faster, more secure, affordable, and efficient cross-border payment and messaging system. Ripple payment systems have already been adopted by dozens of leading banks around the world.
Launched in 2014, the crypto market initially realized the huge potential of XRP and by 2018, it was selling above $ 3.50. But the SEC soon filed a lawsuit against Ripple Labs in the United States and the price of XRP tokens began to fall – eventually breaking the parity with the dollar. Banks and other financial institutions have been reluctant to join the Ripple Network, major developments in the Ripple ecosystem have stalled, and investor confidence in XRP has shrunk. All this to say is that Ripple Token is only trading below $ 1 because of the ongoing SEC case which explains why we have identified it among the best cryptocurrencies below $ 1 for today’s purchase.
Altcoin has also demonstrated its resilience and readiness to break above $ 1 in past crypto assemblies. It has already broken above $ 1 during the crypto market rally in early 2021 and during mini-rallies in late 2021. This implies that the XRP is likely to break above $ 1 an assembly and the SEC-case verdict is far from explosive.
3. Basic Attention Token (BAT) :
Basic Attention Token is a token economy cryptocurrency created by Brave Software and distributed to Brave Browser users. It is a highly promising cryptocurrency targeting the multi-billion online advertising industry. It rides the wave of online privacy and advertisers want to give you more control over the type and amount of personal information you collect, the type of ads you see and even pay you to view these ads.
Launched in 2017, its adoption is on a steady uptrend which shows that Brave Browser currently has over 50 million monthly active users. However, the promising future and appeal to users is not the only reason why we believe that BAT is one of the best cryptocurrencies below $ 1 to buy today.
We include it here too because its price has already been heavily discounted. At the time of writing, BAT is already trading at more than 85% of its all-time high. Also, between 2025 and 2030, token prices are expected to reach $ 2 and $ 20, with a profit of more than 650% and 6500%, respectively, if these predictions come true.
4. Dogecoin (DOGE) :
Dogecoin is arguably the most valuable and arguably the most popular meme currency. It has the support of celebrity entrepreneur Elon Musk and influential and popular crypto investors. Dogecoin has a large and strong community of supporters, especially on Twitter and Reddit. Due to its ability to get significant returns from investors in a relatively short period of time, it ranks among our best crypto for less than $ 1 to buy in 2022.
In the first five months of 2021, for example, Dogecoin helped its HODLers increase their investment by almost 2000%.
Unlike the other cryptocurrencies we feature in this guide, Dogecoin will most likely never break above $ 1 anytime soon. However, support for Elon Musk, a revived meme coin craze, a revived crypto market, and the sustainable promotion of the crypto community are all expected to increase its value and explode portfolios of DOGE investors. This, in fact, confirms why it is one of the cheapest cryptocurrencies to buy today.
5. Stellar Lumens (XLM) :
XLM is another cheap crypto that can be bought for less than 1. Stellar is an open source and highly decentralized payment network that seeks to revolutionize the global financial system. The two main missions that help make it popular with the crypto community are the provision of crypto storage services and financial inclusion, and reaching out to the bankless. Stellar is on a mission to simplify cross-border transactions, and its decentralized cryptocurrency exchanges make both cash transfers and exchanges extremely affordable.
Stellar blockchain and token adoption is on the rise as Blockchain has already partnered with several on-the-go brands, such as IBM. These partnerships, in-network development, growing adoption of blockchain technology, and increased awareness of Stellar are all taking XLM tokens to new heights. And here are some of the reasons why we consider XLM to be one of the cheapest cryptocurrencies to buy today.
Towards the end of the decade, some highly optimistic analysts believe that the price of XLM tokens will break above $ 30. This means that if you buy the token today and HODL it, you will get 30000% discount on it.
6. Tron (TRX) :
Tron is a revolutionary blockchain that seeks to revolutionize the multi-billion dollar entertainment industry. First launched on Ethereum before launching its own Mainnet, the Justin Sun-led network seeks to remove big technology intermediaries from the entertainment industry, such as YouTube, Apple and Facebook. It seeks to give content creators and developers control over the distribution and payment of their content.
Its biggest appeal is that it allows content creators and crypto developers to create and monetize products and services in this blockchain. They can also create custom tokens that they can use to get rewards from their supporters and product users. We feature it among the best cryptocurrencies below $ 1 to buy in 2022 as it makes its mark in the multi-trillion-dollar industry.
Another reason to add it to our list of cheap crypto to buy is that it has already been heavily discounted. At the time of writing, for example, TRX tokens are selling below their all-time high of 80%. And moving forward, they are expected to reach $ 4 by 2030, which means you can look forward to an 8000% profit.
7. Algorand (ALGO) :
Algorand is one of the most promising cryptocurrencies for less than 1 to buy in 2022. Launched in 2018, Algorand has enjoyed steady growth due to its ultra-fast and multi-use blockchain technology. It has a broad ecosystem and although it is currently trading below its all-time high of 90%, it has a market cap of $ 2 billion.
We feature ALGO as one of the best cryptocurrencies below $ 1 to buy in 2022 because it aims to increase its usability and demand for tokens. It began in early 2022 when the Algorand Foundation announced a 10 million grant for the development of an EVM bridge and another $ 20 million grant to run Ethereum-based smart contracts and dApps at Algorand.
This has brought a lot of visibility to Algorand and even helped it to collaborate extensively with both on- and off-chain brands. The most influential for 2022, however, was in May 2022 when FIFA made Algorand its official blockchain platform.
At the upcoming World Cup 2022, ALGO will be an official regional supporter for North America and Europe. All of this is expected to help catapult ALGO token prices to unimaginable heights in the future, with some analysts expecting it to reach $ 70 – a 23000% profit by 2030.
Cronos (CRO) :
Cronos, formerly the crypto.com currency, is a relatively new blockchain network created by the Crypto.com Exchange, the native crypto for the Cronos chain.
We’re listing it as one of the best cryptocurrencies below $ 1 to buy today, not only because it’s a new crypto, but also because of its huge potential for future value.
We’re highlighting it here as well because it’s a utility token for one of the fastest-growing crypto exchanges and defy platforms. Launched in November 2021, for example, the Cronos Chain DeFi stacking and transaction platform had a total value of over $ 4 billion in early 2022.
Crypto.com and CRO token developers are also actively working to increase the use of Altcoin. In addition to launching crypto lending and stacking platforms, they have also launched the Crypto.com payments app and a CRO rewards scheme for Visa cards.
Like Binance and its BNB Coin or FTX Exchange and its FTT Coin, the price of CRO Token is expected to increase by 10000% and reach $ 10 in the next 5 years.
Chiliz (CHZ) :
Chilies is a unique blockchain dedicated to sports and entertainment. It seeks to revolutionize the level of engagement between sports clubs as well as content creators and their fans. It achieves this through the Socio Engagement Platform and Exchange.
Through the platform, clubs can create custom governance tokens that can then be sold to fans who, in turn, acquire the right to participate in club decisions, such as shirt design.
In the last 12 months, CHZ tokens have ranged in price from $ 0.08 to $ 0.06. But the number of clubs that have already launched tokens in Socio or are interested in creating something is increasing. This is one of the main reasons why Chillies is one of the best cryptocurrencies below $ 1 to buy in 2022.
We also include it in our Cheapest Crypto Index to buy today because its developers want to scale its usage as soon as it launches the Chillies 2.0 blockchain. This EVM-compliant mainnet will include the Chillies Defy product, NFT, Metaverse, play-to-earn games, event ticketing, and loyalty programs.
All of this has the net effect of increasing demand for CHZ tokens, which effectively catalyzes its price gain. Expert predictors expect it to reach $ 15 in the next 10 years, which means your investment will increase by 15000% if you HODL.
Shiba Inu (SHIB):
Shiva Inu is the second most valuable and arguably one of the most popular meme coins. It is also one of the cheapest cryptocurrencies around today. Like Dogecoin, chances are that the price of a SHIB token will never reach $ 1. Yet one of the best cryptocurrencies below আমরা 1 we buy in 2022 is a feature, as it promises a huge upward price gain.
The combination of rallied crypto markets, approvals from the crypto community and celebrities, as well as meme coin frenzy, helped Shiva Inu’s price rise by more than 5 million percent in early 2021, making its HODLers foolishly rich.
Given that we are heading for another rally, most in the crypto market are confident that Shiva Inu is poised for another price race that will skyrocket the profile of SHIB investors.
Just this time, Shiva Inu has a rallying market, community support, and a meme coin craze that is reviving its value growth. Over the past few months, Shiva Inu developers have sought to increase the use of SHIBs through collaboration with an NFT marketplace, a token launch pad, and various e-commerce stores.
They have also increased the burn rate for the SHIB token price and all this is expected to take the price of SHIB and the investor portfolio to unprecedented heights.
Is cryptocurrency under $ 1 a good investment?
Most of the best crypto below $ 1 that we have discussed above are similar to penny stocks. They have the potential to grow exponentially, and if you choose wisely, they are likely to grow in value – effectively accepting your investment.
But there is no sure-fire strategy to identify the best crypto below $ 1 to buy, which means tackling your cheap crypto bets and equal opportunities to reduce your investment.
Yet there are some factors that make these cheap cryptocurrencies worth buying today.