In this article, I will be showing revealing to you the best cryptocurrency to invest in 2021 that is still under a dollar. Though the information you will find in this post is not financial advice, because you should carry out your own research before you invest your hard-earned money into any given coin or token. Having this in mind, you can now read on and set your eyes on the top altcoins that are still under $1 based on their utility.
Best Cryptocurrency under $1
There are many top altcoins that are still under one dollar, and they are have been capturing the interest of investors who are looking to diversify their portfolios. Many growing companies have started accepting cryptocurrencies as a legitimate means of payment, so now is the perfect time to invest in cryptocurrencies based on your budget.
So, which is the best cryptocurrency under $1 which one can invest in 2021? Below is a guide to help you figure out which cheap coins are the best to invest in right now.
Best Cryptocurrency to Invest in 2021: Top Altcoins that are Under $1
if you are looking for the best cryptocurrency to invest in 2021 for the long term, here are some inexpensive altcoins that appear to be decent investments in 2021 and for the long term. They are actually among the cheapest altcoins with potential.
If you are looking for a cheap cryptocurrency to invest in 2021, VeChain might tickle your fancy. The price of the token sits below one dollar at the time this article was written.
VeChain, which is the currency for the impressively named VeChain Thor Blockchain, is used to transfer value across the network. The VeChain Thor Blockchain was designed specifically for supply chain management and business processes through the use of distributed ledger technology.
The native cryptocurrency for Stellar, an open-source blockchain payment system, is Lumen (XLM). Stellar’s goal is to use blockchain technology to connect financial institutions and deliver low-cost transactions in emerging regions. Stellar was founded in July 2014 by Jed McCaleb, a long-time cryptocurrency entrepreneur who built bitcoin exchange Mt. Gox and co-developed blockchain-based payment system Ripple Labs. Stellar validates transactions using a federated byzantine agreement (FBA) method rather than a regular mining network.
CHZ is one of the best cryptocurrencies in 2021 to invest in long-term. The aim of Chiliz is to increase monetization and fan engagement in the sports world. Chiliz.net is the world’s first tokenized sports exchange where fans trade or purchase sports-branded tokens. The platform operates in the non-fungible token (NFT) space. CHZ-USD is the native cryptocurrency utilized on the Chiliz and Socios.com platforms.
The ecosystem has quickly become the leading blockchain in the e-sports arena. Sports clubs launch their own tokens to offer perks to sports fans, such as voting rights or easier access to game tickets. Over 100 sports teams are now on the platform, including widely-followed European soccer clubs like Paris Saint-Germain, FC Barcelona, Juventus, and Manchester City.
MANA, another cryptocurrency developed on the Ethereum blockchain is one of the best cryptocurrencies to invest in 2021 that is still under one dollar. The token is used on Decentraland, the largest blockchain virtual world. Founded by Esteban Ordino and Ariel Meilich in 2015, the virtual reality (VR) platform is entirely owned by users.
On Dreamland, it is possible to “buy LAND, a coded piece of the metaverse that translates to a 16m by 16m plot of virtual land.” LAND owners exercise complete control over the environment and applications they operate and receive all of the income generated by their creations. Users who want to purchase, build or monetize VR applications rely on MANA-USD.
At the time this article was written, Algorand is still trading under a dollar. The project has a relatively large market cap of $2.8 billion, which makes it rank among the top 50 cryptocurrencies by market capitalization. Algorand supports smart contracts in its proof-of-stake network, enabling quicker and cheaper transactions than cryptocurrencies like Ethereum.
Hedera Hashgraph (HBAR)
Hedera Hashgraph is distributed public ledger infrastructure. According to the team, it offers significant improvements over existing blockchains in five areas: performance, security, governance, stability, and regulatory compliance.
It features 10,000 TPS, a transaction fee of ~$0.0001, and a 3-5 second finality for confirmations. The HBAR token is used for staking, as well as multiple services in the network. Hedera Hashgraph is backed by Reupted Venture Investors including Digital Currency Group, and BlockTower Capital.
Conclusion / Disclaimer
if you are looking for some top, cheap altcoins, then these are among the best cryptocurrency to invest in 2021. Like I stated from the beginning of this article, the information you will find on this page should not be replaced with that of your financial advisor. Kindly carry out due diligence before you buy any token or invest your money.