Finding the best crypto under $1 isn’t the easiest of tasks. After all, the crypto market is flooded with digital currencies that fall into this category – often a crypto project still has a high market capitalization but each token is priced well under a dollar due to the high total supply of those tokens.
To point you in the right direction and help you to make an informed decision, this guide explores many of the best cryptos under $1 to consider adding to your portfolio today, that don’t have a one quadrillion maximum supply like Shiba Inu or a $10 billion market capitalization like Dogecoin.
Best Cryptocurrency Under $1 to Buy in 2023
Below is our top list of the best cryptocurrencies to invest in this year – all of which are priced at under $1.
For more details surrounding the best crypto under $1 – we review each potential investment below. On our list are several of the best emerging cryptos – brand-new crypto projects on presale or recently launched.
A Closer Look at the Best Crypto Under $1 to Invest in
When it comes to investing in cryptocurrency, choosing from the thousands of active digital currencies can be daunting. We’ve saved you some time and compiled a list of the top cryptos under $1 to buy now:
1. Wall Street Memes – Overall Best Meme Cryptocurrency to Buy for Under $1
The first cryptocurrency on our list is Wall Street Memes, a popular meme-based project that is prominent over multiple social media platforms.
Wall Street Memes has made a name for itself by accumulating over 1 million followers across social media, with the creators of this project deciding to launch their own meme token – $WSM – after previous success in NFTs.
In 2021, the first collection of Wall St Bulls was released – consisting of 10,000 Ethereum-based NFTs – and sold out in only 32 minutes.
As recently as May 2023, the project also conducted a Wall St Bulls Ordinals mint, showing that it is still active to this date.
The success of the NFT platform has resulted in the creators of Wall Street Memes launching their cryptocurrency token, $WSM. The presale has enjoyed a similarly successful launch, raising more than $25 million in funds in just over twelve weeks since it went live.
As the Wall Street Memes community is so vast, the platform aims to offer wealth for long-term holders and this community project will offer the majority of the token supply to the public.
The ongoing presale will allocate 50% of the total 2 billion token supply, with no team allocation – putting it 100% in the hands of the holders and easing any worry over a rug pull.
Suitable for investors with a low budget, the token was priced at only $0.025 during its first presale round. At current levels, $WSM is priced at just $0.0337 per token during its very last stage before completion.
Investors only need to make a minimum investment of 100 $WSM tokens. Through the cryptocurrency presale, Wall Street Memes aims to raise a mammoth total of $30.57 million.
This is possible one of the best ICO cryptos to invest in.
Join the Wall Street Memes Telegram channel to stay updated with this cryptocurrency project.
Tokens available in presale
2. Launchpad XYZ – Best Crypto Under $1 for Web3-Based Access to Reliable Trading Data
A third of the way through our best crypto under $1 list sits Launchpad XYZ, a blockchain project that offers market insights into the Web3 space.
This all-in-one platform is designed to provide users with easy access to the Web3 nexus and the various tools and metrics traders need to navigate it.
The platform’s primary goal is to become the central and, eventually, standard portal to Web3 and everything this modern technology offers.
Launchpad XYZ’s official whitepaper claims the project differs from competitors in several ways. First and foremost, its network promises to create a dashboard aimed at enhancing user experience.
This gateway will make the otherwise fractured and intimidating structure of Web3 accessible and welcoming. The tools and content that Launchpad XYZ supplies will allow for mass adoption of the W3 space and its content.
With no more than an email address and phone number, users will be able to explore W3 through various verticals and features. Traders can keep up with real-time data on crypto market analytics, sentiment, and trends.
This information and the platform’s unique risk-reward score — Launchpad Quotient (LQ) — should help them consistently assess the market and make profitable investments.
Those who choose to buy and stake LXP, Launchpad XYZ’s native crypto token, will enjoy additional benefits.
More than $1 million has been raised in the presale so far, with tokens currently available for $0.0445 in stage 2.
A minimum of 10,000 LPXs will grant them reduced trading fees, NFT mints, new presales, and more. For the latest info, follow their official Telegram channel.
|Presale Started||April 2023|
|Purchase Methods||USDT, EHT, Transak|
|Hard Cap||$12.5 million|
3. yPredict – Top AI-Powered Data Research and Analytics Crypto Under $1
yPredict is an innovative financial research and analysis platform. It relies on the two pillars of the modern digital era — artificial intelligence and the crypto market.
The service is designed to leverage the benefits of artificial intelligence and machine learning to give traders free predictions of financial market changes. But how does that qualify it as one of the best cryptos under $1?
yPredict’s addresses the most prevalent issue the modern financial market is experiencing at the moment — volatility. Namely, sophisticated algorithms and bots that facilitate crypto trading constantly change the price structure of this market, making it increasingly challenging to predict.
yPredict’s creators have developed a solution to the problem using blockchain. Their platform offers a full suite of tools for data-driven insights and metrics on the latest crypto marketplace trends.
According to its whitepaper, yPredict’s ecosystem connects financial data scientists and their AI-powered predictive models to traders. Through a monthly subscription, the latter can get access to reliable price predictions on thousands of popular cryptocurrencies hassle-free.
The available pattern recognition, sentiment and transaction analysis, and technical indicator tools can give them a significant edge over their competition.
yPredict’s subscription model makes this ecosystem a fantastic investment opportunity. Its native token, $YPRED, handles all transactions, so its holders have full access to yPredict analytics at no additional cost.
On top of that, staking $YPRED sources liquidity from 10% of platform revenue, which ensures consistent ROI.
The company’s current success speaks volumes about the token’s potential. yPredict is one of the best AI crypto projects and although its presales only started in February 2023, it is fast closing in on $3.8 million raised.
If you’re interested in joining the community, don’t hesitate to check out the yPredict official Telegram.
|Presale Started||February 2023|
|Purchase Methods||ETH, MATIC, USDT, BNB, Card|
|Min Investment||200 $YPRED|
4. Chimpzee – Green Penny ERC20 Token To Soon Rise in Price, Offer 20% APY and Helps Wildlife Conservation
Chimpzee (CHMPZ) is currently trading for far less than a penny, at $0.001, though this price is set to jump significantly by nearly 200% when it lists on an exchange in the near future, as stated on its roadmap.
Chimpzee is an environmental initiative that incentivizes people to get involved. So far, it has raised $1.3 million out of its $1.8 million hard cap and offers up to 20% APY through its Diamond NFT Passport. NFT passports are the best way to earn an income through Chimpzee, though users have 3 ways in total; Play-To-Earn, Trade-To-Earn, and Shop-To-Earn.
The Chimpzee whitepaper outlines some statistics on the endangerment of certain species and on the sharp rate of deforestation. It also outlines how little is required to save both the rainforest and certain species in monetary terms, making for interesting reading. The project had already donated $15,000 to protect elephants and further planted 20,000 trees to save the rainforest. This is a project that definitely wants to make a difference, sooner rather than later.
An aggressive token-burning policy could help the price of the CHMPZ token to increase. The campaign has already burned over 100 billion tokens, with more set to follow. There is no buying or selling tax and no fees, and this project has given away 5 million CHMPZ to two winners.
This is a penny crypto that might be worth far more than its current value.
More information can be found through the Telegram and Twitter channels. To take part in this presale, users will need to have a compatible Web3 wallet alongside an accepted payment method (ETH, USDT, or Credit Card).
ETH, USDT, Card
5. eTukTuk – Incentivizing A Shift To EVs With Decreased Cost for Drivers and Staking Rewards For $TUK
eTukTuk (TUK) offers a unique solution to address two significant global concerns: climate change and financial inequality. Built on the Binance Smart Chain, it aims to revolutionize the transportation sector, particularly in developing countries.
The primary focus is transforming the current TukTuk fleets, primarily on Internal Combustion Engines (ICEs), into electric vehicles (EVs). ICE TukTuks are significant contributors to carbon emissions. By promoting zero-emission vehicles, eTukTuk aims to reduce environmental impact drastically.
A notable part of their approach is the establishment of Electric Vehicle Supply Equipment (EVSE) and solar-powered charging stations.
They’re partnering with local entities to set up these stations. With the increased use of EVs, this charging station network offers convenient access and is prepared for future growth.
As per the eTukTuk whitepaper, their native token, $TUK, serves multiple purposes. It facilitates payments at EV charging stations. As the frequency of transactions rises at these stations, some profits are shared with the territory partners involved in powering and maintaining these stations.
Additionally, token holders can stake their tokens, earning an Annual Percentage Yield (APY), which grows as transactions and the number of EVSEs increases.
Working alongside The Capital Maharaja Group, eTukTuk plans to promote local manufacturing, reducing costs and thus making EVs an affordable alternative for TukTuk drivers. This transition is also expected to enhance drivers’ income by up to four times due to reduced operational and maintenance costs.
Beyond providing a sustainable mode of transport, eTukTuk is reshaping the economy for the better, ensuring financial inclusivity through blockchain use. This lowers transaction costs and offers digital identities, opening financial opportunities for the previously marginalized.
Keep updated with the developments by signing up for the token whitelist and joining the eTukTuk Telegram channel.
6. Scorpion Casino – Earn Up To $10,000 USDT in Daily Passive Income
The native token behind Scorpion Casino, SCORP, is one of the best cryptos to buy under $1 because it’s the exclusive payment method for the entire Scorpion ecosystem, allowing users to place bets and earn a passive income for just holding the token.
Scorpion Casino is a future-leading eGambling platform that’s on a mission to build the number one social online gambling product where users can earn a daily yield based on the casino’s performance.
The platform is designed to give players a thrilling and highly-polished gaming experience. It achieves this through its connection with all major gaming providers, such as Evolution, NetENT, and AMATIC. The casino can boast over 210 games, with 160 additional live games that include all major favorites, like blackjack, roulette, poker, and slots.
Furthermore, Scorpion Casino also hosts a sports betting section, which allows users to place bets on the outcome of their favorite sports matches. The platform has integrated all major sports leagues for sports like football, tennis, horse racing, basketball, golf, boxing, MMA, and much more.
The best part about the casino is that it’s fully licensed and regulated by the Curacao EGaming licensing entity, making it fully transparent and provably fair.
SCORP is the native token behind the platform and is the default currency for placing bets in the casino and sports betting section. The smart contract contains a 10% buy/sell tax, which helps with ecosystem development, marketing, and liquidity.
Furthermore, 2% of this tax is re-distributed to all holders to provide them with a passive income. As a result, when the casino increases in usage, SCORP holders will see their token balance increase over time. In addition, 1% of the tax is used to burn the token, making it deflationary.
The project is currently hosting a presale for SCORP, and those that purchase more than $1,000 in the presale are enrolled in the Elite Scorpion Members Club, which provides VIP services, cashback on the casino, and extra staking rewards. Lastly, you can use the exclusive bonus code Scorpion20 to get an extra 20% tokens on your investment for a limited time.
|Presale Started||May 2023|
|Purchase Methods||ETH, USDT, BNB|
7. BTC20 — Channeling Bitcoin’s Legacy on Ethereum’s Network for Sustainable Growth, Ample Staking Rewards, and Diverse Utility Applications
Taking inspiration from Bitcoin’s legacy, BTC20 aims to recreate the early stages of the original crypto’s development. Just like Bitcoin, BTC20 will have a supply of 21 million coins, releasing only around 6 million for presale.
The reason for this is the project’s goal of preserving more than 14.95 million coins to secure the platform’s liquidity and provide a staking pool that can be minted for 120 years. A prominent advantage of BTC20 is the fact that it’s built on Ethereum’s network, providing a more user-friendly and energy-efficient platform.
In contrast to Bitcoin, BTC20 will use a more efficient proof-of-stake mechanism. Thanks to Ethereum’s smart contract functionality, the platform will enable users to stake their coins for potentially very lucrative passive income opportunities. According to the whitepaper, the more users join the platform, the higher the staking rewards will be, creating an environment of sustainable growth.
The presale of $BTC20 is ongoing, with a constant token price of $1 apiece. The platform’s promising features have attracted a lot of attention, leading to a profit of more than $2.3 million shortly after the beginning of the presale. You can learn more about this if you join their official Telegram channel.
In addition to its staking utility, the platform aims to expand the application of its native coin to decentralized apps, strategic partnerships, and platform governance. The fact that the project has a sensible development plan inspires further trust in its stability and growth, which could lead to potentially huge returns on investment.
Tokens available in presale
ETH, USDT, BNB, cards
8. Tamadoge – New P2E Meme Coin With Huge Potential
While large-cap cryptocurrencies like Bitcoin and Ethereum have provided investors with significant returns in the last decade, many are looking for more affordable and upcoming crypto projects. With the growth of the metaverse since 2020, we recommend Tamadoge as one of the best crypto under $1.
Tamadoge is the native cryptocurrency and utility token of the Tamaverse – a decentralized platform that aims to provide play-to-earn (P2E) features by combining gaming with DeFi (decentralized finance) protocols. The Tamaverse lets players buy Tamadoge pet NFTs with TAMA – which are unique avatars which have been minted via smart contracts.
With Tamadoge pets, players can train their individual and tokenized assets and compete in monthly leaderboards to earn TAMA as rewards. Winnings are claimed from liquidity pools known as “Dogepools”, which is how the platform distributed and stores tokens. Another interesting feature of TAMA is that it is a deflationary asset.
Since multiple altcoins like Doge and Shiba Inu are inflationary due to their unlimited supply, Tamadoge has a max supply of 2 billion. Whenever players purchase items on the Tama store with TAMA, 5% of all tokens spent are burnt.
TAMA enjoyed one of the best presales of 2022, raising $19 million, before pumping nearly 2,000% after it launched. The price has since retraced amid the crypto winter but its high potential and ongoing development make it a good bet for the next crypto bull run.
The Tamadoge Arcade is now up and running with five games, which have generated huge excitement in the community, while the project also has an experienced new CEO and Head of Gaming.
The main Tamadoge game will release later this year, as will an augmented reality app.
Investors can purchase this best crypto with the most upside potential during the presale period now.
9. Basic Attention Token – Emerging Crypto Under $1 for Long-Term Prospects
Basic Attention Token was launched in May 2017 and not only is this one of the best crypto to buy now, but it serves a worthwhile purpose too. Basic Attention Token is a DeFi coin that aims to tackle a specialized and well-known need. It is also built on the Ethereum blockchain network.
User misuse, an abundance of trackers, and advertiser fraud causing a bloated user experience and poor load times are just a few of the difficulties plaguing advertising businesses.
As such, Basic Attention Token was designed by Brave Software as part of its ambition to redefine and change how the internet gathers data, displays ads, and treats users. The market cap of Basic Attention Token is just over $1.3 billion as of writing. The all-time-highest price of this token was $1.92 in November 2021, now trading 57% lower than this.
As such, Basic Attention Token is heavily discounted at the time of writing. Market analysts think this crypto, which is now one of the best cryptos under $1, could hit highs of over $3.30 by 2025. If you invest now, this could represent gains of almost 300% if predictions come to fruition.
Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
10. Fetch.ai – New Cryptocurrency to Invest in for Upside Potential
Fetch.ai is a blockchain-based AI and machine learning platform that was founded in 2017. It provides what it refers to as ‘digital twins’, which are copies that are meant to make life simpler for both personal and professional users. Digital twins are sometimes referred to as Autonomous Economic Agents.
The digital twins offered by this project can help people with mundane activities like food preparation and parking. It essentially completes tasks automatically, cutting out the middle man, so you maintain ownership of your own data. Fetch.ai’s digital twins can even be used to build up contracts for enterprises or advertise in the metaverse.
Digital twin systems outperform traditional centralized solutions in terms of crypto-economic security, speed, and flexibility. As such, this could be the industry’s future. It’s clear that this cryptocurrency has strong technologic fundamentals, which could make it a great long-term investment.
In terms of performance, the all-time highest price of this token was $1.19. Fecth.ai is one of the most promising crypto projects on this list, although it has to be said, being new, it doesn’t currently have a large market cap. At the time of writing, Fetch.ai has a market capitalization of just $350 million.
Some market analysts have predicted that Fetch.ai could reach $2 or more in the next five years, which would illustrate gains of around 325% for anyone looking to invest now.
Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
11. Tron – Popular Crypto to Invest in For Diversifying Portfolio
Tron is one of the world’s most popular crypto assets and has long been among the best crypto under $1. Tron (TRX) is an excellent option if you’re seeking a more steady penny cryptocurrency, meaning lower volatility. This blockchain-based operating system can run smart contracts, which enables developers to create decentralized applications (dApps).
Tron’s main purpose is to bring consumers and content providers together for peer-to-peer transactions. In 2018, the company’s purchase of BitTorrent, a file-sharing service, was a significant step toward that aim. The platform can handle 2,000 transactions per second. As such, Tron is now on par with big payment processors like PayPal in terms of performance.
Tron, best of all, charges no transaction fees. In terms of price action, the all-time low of Tron was in September 2017 when it fell to $0.001. Whereas its highest ever token price was in January 2018 when it hit $0.30. As we touched on, Tron isn’t as volatile as other low-priced tokens.
At the time of writing, Tron is among the top 25 most valuable cryptocurrencies by market capitalization at almost $7.5 billion. It is however still a crypto under $1 due to its high supply (currently a 92 billion circulating supply). Generally speaking, its price has sat between $0.05 and $0.15 in recent cycles. Some market analysts predict Tron could peg at $0.30 by 2025.
Cryptoasset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
12. Chiliz – Crypto Under $1 for Entertainment Properties
Chiliz is an entertainment and sports-oriented cryptocurrency project that’s one of the best cryptos to watch. Its digital token was launched in 2018. Socios is a fan engagement platform that works in partnership with some of the world’s biggest sports teams. Chiliz is the official cryptocurrency of the Socios platform, as well as the proprietary exchange.
As a result, fans may buy tokens and voting rights from their favorite teams on Socios. Fans who buy these governance tokens can influence the sports teams they follow. A team may, for example, allow holders of fan tokens to vote on the design of the shirts they wear.
This kind of blockchain-based sports fan engagement makes Chiliz one of the most promising cryptocurrencies on the scene. The market capitalization of this cryptocurrency at the time of writing is over $1.8 billion. The price per Chiliz token reached an all-time high of $0.89 in March 2021.
However, owing to significant price volatility that impacted the whole crypto market, the price fell below $0.40. By November 2021, the price had risen to roughly $0.50, but had then fallen down to $0.25 by the end of the year. At this time Chiliz sells for between $0.10 and $0.50 on the open market, making it a good investment for people looking for the best crypto under $1.
Chiliz is expected to gain more partnerships with various sports entities. As such, some price predictions indicate Chiliz could reach as much as $7 per token by 2025. Again, never take speculation as a given when investing in cryptocurrencies.
13. Ren – Promising Cryptocurrency to Buy in 2023 With Innovative Features
Ren was launched in 2017 by IT and cryptocurrency professionals. It is an open protocol Ethereum token that allows any cryptocurrency token to be transferred across blockchains, creating transaction freedom for users. This enables developers to integrate tokens created on other blockchains into their applications.
Additionally, developers won’t need wrapped tokens that represent a coin from another blockchain. The team’s goal is to allow normal people all around the world to make secure, speedy, and private payments. Ren’s key distinguishing characteristic from other digital currencies is the Ryo Currency Algorithm, a powerful encryption software.
Moreover, as a guarantee of good behavior, network participants pay the token as a refundable bond. This crypto-asset fell to an all-time low of $0.01 in November 2018. Ren then skyrocketed to a high of $1.84 in February 2021. Ren has gone through several changes and integrations since its launch in 2017.
As such, this token appears to be a good investment option for anyone looking for the most promising cryptocurrency to buy. With a market cap of just $480 million as of writing, there is plenty of upside potential on the table. In recent months, Ren has been fluctuating between $0.25 and $1.
However, some market analysts foresee a price of $1.46 by 2025, which would mean potential gains of over 200% for investors looking to buy Ren today.
14. Stellar – Established Crypto Under $1 With a Strong Road Map
Stellar was launched in July 2014 as an open-source payment network. The platform has the capability to process between 1,000 and 5,000 transactions per second. The team behind Stellar has a strong road map which includes increasing network innovation, participation, and scalability.
As well as promoting inclusion and diversity, and investing in community activities and marketing. The ultimate objective is to create a single network that supports all of the world’s financial systems. Users may generate, transfer, and receive digital representations of any type of cash using Stellar.
In other words, you might use Stellar, for example, to send digital representations of any fiat money, such as the US dollar or the British pound. It may also be used to send depictions of digital currencies, like Bitcoin for example. The platform aims to provide a low-cost and easy way for users to access the global economy, without excluding those from developing nations.
The network also has its own decentralized exchange, where users can trade cryptocurrency and other assets. Verified financial institutions called ‘Stellar Anchors’ serve as banks and keep deposits for non-crypto assets. The platform then provides the depositor tokens related to those assets.
The depositor receives the assets back when the tokens are withdrawn or redeemed. To protect the value of the assets, Stellar gives an inflation pool return of 1% each year. With a market capitalization of almost $25 billion as of writing, Stellar is a highly valuable cryptocurrency.
It is also one of the best crypto under $1. In recent cycles, the price of a Stellar token ranges between $0.15 and $0.60. With that said, during the crypto bull run of 2017, Stellar hit an all-time high of $0.79, before falling again. Many market commentators think Stellar could hit highs of $1.75 by 2025 so now could be the time to invest.
15. XRP – Environmentally Conscious Large-Cap Cryptocurrency Under $1
XRP‘s consensus protocol verifies transactions. For a transaction to be accepted, it must be approved by a majority of the validators who evaluate it. As such, thanks to this mechanism, XRP is able to conduct transactions in seconds at a low cost and with minimum energy. This makes it one of the greener cryptocurrencies.
As well as being one of the best crypto under $1, it has the potential to replace an inefficient and out-of-date international money transfer system. The fact that it has banking connections with over 200 financial institutions is encouraging. Moreover, any favorable changes in its legal standing might lead to a price hike.
During the aforementioned 2017 bull run, XRP was one of the many digital currencies that produced healthy gains for investors – which it hit all-time high of $3.40. In May 2021, it again faired strongly, rising from under $0.90 to over $1.08 in a matter of weeks. However, since that all-time high, XRP has fallen by almost 75%.
XRP has a market cap of over $86 billion at the time of writing. Some XRP price predictions suggest it could hit a price as high as $4 by 2025. As such, at less than $1, it now represents a good entry point for investors looking for cryptocurrencies under a dollar.
Is Crypto Under $1 a Good Investment?
The best crypto under $1 we’ve talked about today are somewhat comparable to penny stocks. That is to say, they’re inexpensive to purchase and can be extremely volatile, but most are coins with low transaction fees.
With that said, the best penny cryptocurrencies have a high potential for growth if you choose wisely.
In the sections below, we discuss some of the main reasons why you might decide to add some crypto under $1 to your portfolio.
Ability to Buy on a Large Scale to Increase Future Growth Potential
Since peaking in late 2021, the crypto markets have suffered a decline. Many investors see this as a chance to buy crypto at reduced prices.
Of course, the main reason people are looking for a new cryptocurrency to invest in 2023 is to make money.
- A good example of this is Bitcoin, which launched at a price of $0.0008 in 2010 and is now valued at over $45,000
- As such, if you had allocated $1,000 to Bitcoin back then as a penny cryptocurrency, your investment would now be worth billions of dollars.
- In another example, because of the huge number of Dogecoin tokens in circulation, increasing its value by a meaningful amount should be extremely difficult
- However, as we explained earlier, many tokens increased by thousands of percent in a matter of months in 2021
- As such, just because Dogecoin is now trading at less than $0.20, it doesn’t mean you can’t make huge gains later down the line
Whilst there are no guarantees, buying the best crypto under $1 allows investors to purchase more tokens and hopefully sit back whilst they grow in value.
After all, if history is any indication of future success, you can’t go wrong HODLing your cryptocurrencies in the long run.
As such, when you’re looking for new cryptocurrency to invest in 2023, picking high-potential tokens with a low market cap valuation in this rapidly increasing market makes sense.
Plus as we said, cryptos priced under $1 also allow you to buy on a larger scale.
Buy Penny Cryptocurrencies to Build a Diverse Portfolio
With over 18,000 active cryptocurrencies at the time of writing, it might be tough to tell which ones are good and will provide you with the highest returns later.
This is part of the reason that in the realm of investing, many people look to create a diverse portfolio.
- Some of the original well-known leading cryptocurrencies have seen a tremendous rise in value since their inception
- As such many individuals are on the lookout for new cryptocurrency to buy in 2023 that might appreciate in the same way
- Well-known crypto-assets like Bitcoin and Ethereum are the obvious choice
- However, there are a variety of additional inexpensive alternatives in the form of penny crypto that could offer greater growth potential
The price point of the cryptocurrencies we’ve talked about today being well under a dollar – under a cent in some cases – makes it easier to create a diverse portfolio of assets.
This gives you a better chance of making decent returns later as if one isn’t doing so well, there are others to fall back on.
Staking Allows Investors to Earn a Passive Income
Staking is becoming one of the most popular ways to generate money in the crypto world. As such, you can deposit cash in a wallet to enable transactions on a blockchain network.
You then sit back and earn staking rewards. It’s a bit like yield farming and appeals to both seasoned crypto investors and newbies.
Unlike mining or trading, which sometimes requires a large initial investment or sophisticated technical expertise, staking allows you to earn a passive income on the best crypto under $1.
- Ankr is a great example of this.
- Ankr’s Eth2 staking solution offers investors a high level of security, as well as an appealing reward structure and immediate staking liquidity via a bond-like synthetic token known as aETHc.
- Stake as little as 0.5 ETH and combine your funds with other investors to get the same return.
- Moreover, the platform offers one-click node hosting for any investors who wish to develop or stake over 50 protocols.
Crucially, the above example is in addition to the gains you can make when the market value of your penny cryptocurrency increases.
Where to Buy Other Crypto Under $1
The best places to buy crypto under $1 will provide you with an easy-to-use broker account and offer cost-economical trading fees.
eToro is the overall best place to buy penny cryptocurrencies – read our review below to find out why.
eToro – Best Place to Buy Crypto Under $1 in 2023
eToro is the overall top broker to access the best cryptocurrencies under $1. The broker serves over 25 million traders and investors globally and the platform is really easy to navigate. This makes finding penny crypto assets a breeze for newbies and seasoned traders alike.
Not only that but you can allocate as little as $10 to your chosen assets which makes diversification simple and cost-effective. US clients are not charged any deposit fees. After creating a free account you can deposit as little as $10 to start placing orders and building a portfolio of cryptocurrencies. eToro currently offers 59 different digital assets so if you’re looking to invest in the best new cryptocurrencies this social trading platform has you covered. As such you can buy Curve, Tron, and other innovative projects directly via the eToro crypto app.
Payment options are plentiful at eToro. This includes credit and debit cards, in addition to bank wire transfers, ACH, and even e-wallets such as Skrill, Neteller, and PayPal. You will also find other assets at eToro – such as thousands of stocks and hundreds of ETFs. If you want to try investing passively, check out copy trading and smart portfolios.
Copy trading involves picking and allocating $200 or more to a pro-investor that focuses on cryptocurrencies. After this, whatever the pro invests in will be copied across to your own portfolio. In the case of smart portfolios, this is a managed basket of assets you can invest in.
Pick one that focuses on your chosen asset such as ‘CryptoEqual’, ‘CryptoPortfolio’, or one of the many other collections that contain digital currencies, and allocate some funds to it by clicking ‘Invest’. eToro also offers one of the best crypto wallets on the market with top-notch security and unlosable private keys.
How to Buy Best Crypto Under $1
If you’re wondering how to buy crypto under $1, the walkthrough below will explain how to invest in Wall Street Memes during its presale.
How to Buy Wall Street Memes ($WSM)
As noted earlier, Wall Street Memes is the overall best cryptocurrency to buy under $1. Here is a quick guide on how to invest in $WSM right now.
- Step 1 – Create a Crypto Wallet: Download MetaMask or an alternative crypto wallet to connect to the Wall Street Memes website.
- Step 2 – Purchase ETH and Connect Wallet: An ERC-20 token, $WSM can be swapped with Ethereum or USDT. Users can purchase one of these assets from a crypto exchange and transfer their holdings to the crypto wallet. Afterward, connect with the Wall Street Memes Presale by heading over to the website and clicking on ‘Buy Now.’
- Step 3 – Buy $WSM Tokens: After connecting the wallet, click on ‘Buy With’ and select from either ETH or USDT. Enter the amount of tokens you wish to purchase and click on ‘Convert’. Leave a small amount of ETH to cover gas fees
- Step 4 – Claim $WSM: After the presale ends, investors can claim their tokens on the website.
Cryptoassets are a highly volatile unregulated investment product.
How to Buy the Best Crypto Under $1 on eToro
eToro offers a much simpler way to buy the best crypto under $1 as there is no need to download a wallet to your cell phone.
Follow these simple steps to access the best cryptocurrencies to invest in 2023!
- Step 1: Register an eToro Account: To buy crypto at eToro, look for the button marked ‘Join Now‘. Click this to see the online form you need to create a broker account. You can now enter a username and password, your cell phone number, email address, and full name.
- Step 2: Deposit Funds: eToro supports lots of payment methods, such as e-wallets, credit/debit cards, wire transfers, and ACH. Choose one, enter the required details, and deposit $10 or more to continue.
- Step 3: Search for Penny Cryptocurrency: To find your chosen cryptocurrency, you can either click the button marked ‘Discover’, or use the search bar. For example, you might type ‘Basic Attention Token’ or ‘Fetch.ai’ into the box.
- Step 4: Buy Penny Cryptocurrency: To create an order to buy your chosen asset, click the button marked ‘Trade’ beside it. Then, enter your stake and confirm the trade.
You can also download the eToro cell phone app if you wish, which makes investing in cryptocurrencies on the go easy.
There are thousands of cryptocurrencies to trade, many of which are priced under $1. We whittled the best crypto under $1 down to just 19 to make things easier, as there are a lot of cheap cryptos on the market.
Our favorite low-cost cryptocurrency under $1 is Wall Street Memes, a newly launched meme coin presale that comes from a group with huge community backing and plenty of successful experience in the space.
The hugely hyped $WSM token presale has already raised more than $25 million in twelve weeks since it launched.
Wall Street Memes (WSM) - Newest Meme Coin
- Community of 1 Million Followers
- Experienced NFT Project Founders
- Presale Live Now - wallstmemes.com
- $10+ Million Raised - Ends Soon