Investing in cheap cryptocurrencies can be a potentially lucrative idea, as the low price of these coins provides a pathway to high returns. Although cheap crypto coins can be more volatile than their higher-priced counterparts, the potential that these currencies have over the long term is unparalleled.

This guide will discuss the cheapest cryptocurrency to buy in 2022, covering which coins are currently trading at a discount, before presenting several reasons why investing in cheap crypto can be a good idea.

The 10 Cheapest Cryptocurrency to Invest in 2022

Presented below are ten of the best cryptocurrency projects to consider investing in for those interested in cheap coins. We’ll explore all of the lowest-price crypto coins in the following section, covering their use cases, roadmaps, and price potential.

  1. Tamadoge (TAMA)Overall Best Low Price Crypto with Enormous Potential
  2. Battle Infinity (IBAT)Popular Cheap Cryptocurrency to Invest In 2022
  3. Lucky Block (LBLOCK)Popular Low Price Cryptocurrency with New Exchange Listings
  4. Solana (SOL) – Top Blockchain Project with Cheap Token
  5. Loopring (LRC) – Best Cheap Crypto to Invest in for Exposure to DeFi
  6. Algorand (ALGO) – Low Price Crypto Project Trading at a Discount
  7. Shiba Inu (SHIB) – Best Cheap Crypto to Buy for Rebound Potential
  8. Oasis Network (ROSE) – New Privacy-Focused Blockchain with Low Priced Token
  9. Cosmos (ATOM) – Exciting Cheap Crypto Designed for Interoperability
  10. Chiliz (CHZ) – Lowest Price Cryptocurrency for Sports Fans

A Closer Look at the Best Cheap Crypto Projects

Identifying the cheapest cryptocurrency to buy in 2022 can be challenging, as most coins have lost value in recent months due to adverse macroeconomic factors. However, the coins reviewed in this section are arguably the best cryptos to buy in the crash since their use cases and community engagement hint that they could be trading at a discount.

With that in mind, let’s dive in and examine the cheapest crypto to invest in that could be set for a rebound in the near future.

1. Tamadoge (TAMA) – Overall Best Low Price Crypto with Enormous Potential

Tamadoge logoThose looking for the cheapest cryptocurrency to invest in may also wish to consider Tamadoge, as this token aims to capitalize on the remarkable success of previous ‘meme coin’ projects. As the name implies, Tamadoge leverages the power of the ‘Doge’ craze to foster a strong community backing, which is crucial to longevity.

In the Tamadoge ecosystem, players can acquire ‘Tamadoge pets’, which are structured as NFTs. Players can nurture these pets until adulthood, at which point they can battle them against other players’ pets. Effective battling will net the winner ‘Dogepoints’, allowing them to climb the monthly leaderboard.

Tamadoge

Players with the most points at the end of each month will receive rewards in the form of TAMA tokens from the ‘Dogepool’. TAMA is the native ERC-20 token of the Tamadoge platform and can be used to purchase accessories and food for the player’s pet. This cool NFT project also has plans to integrate these pets as 3D avatars into various metaverse platforms.

No transactional tax is built into the TAMA token, as the Dogepool is funded via fees on purchases made on Tamadoge’s NFT marketplace. This makes TAMA tokens appealing from an investment perspective since traders can retain more of their profits. Given that Tamadoge’s team already has an LBank listing lined up, there will likely be significant uptake in this area.

TAMA token

Tamadoge is currently in its Beta sale phase, allowing investors to acquire TAMA tokens at a reduced price point. Tokens can be purchased using ETH, USDT, or FIAT currency, with a nominal price of just $0.01 per token. This low price makes it the cheapest crypto to buy in the ‘meme coin’ niche – which has led to massive growth in the project’s official Telegram group.

Min Investment 1,000 TAMA (∼$10 + gas fee)
Max Investment N/A
Purchase Methods ETH, USDT, Debit/Credit Card (via Transak)
Chain Ethereum
Beta Sale Ends 2nd September 2022
Presale Ends Q4 2022

2. Battle Infinity (IBAT) – Popular Cheap Cryptocurrency to Invest In 2022

Battle InfinityOur pick for the best cheap cryptocurrency to buy in 2022 is Battle Infinity. Battle Infinity is a play-to-earn (P2E) gaming platform within the metaverse that incorporates NFTs to offer several exciting ways for players to earn rewards. The platform is hosted on the Binance Smart Chain (BSC) and features a rich 3D world for players to explore and connect with others.

Battle Infinity’s ecosystem is made up of six different elements. The IBAT Premier League is one of the most important, as this NFT-based fantasy league allows users to build sports teams and earn points based on players’ real-world performances. The first sport featured in the IBAT Premier League is cricket, although the developers have plans to add additional sports in the future.

Battle Infinity game

Rewards are given to users who rank high on the IBAT Premier League’s leaderboard, with these rewards being distributed in IBAT. IBAT is Battle Infinity’s native BEP-20 token and can be used for staking, swapping, or buying NFTs within the platform’s ecosystem. However, investors can also buy Battle Infinity (IBAT) to gain exposure to the project’s growth.

IBAT could also be the best cheap crypto to invest in, as holders can use tokens to purchase plots of virtual land within Battle Infinity’s ‘Battle Arena’. Landowners can then monetize their land through virtual billboards – or even sell it on the built-in marketplace for a profit.

IBAT token

Battle Infinity’s presale sold out in the first 24 days it was launched. The high demand means that IBAT is now going to be listed on PancakeSwap.

Prospective investors can learn more about the project through Battle Infinity’s Telegram group.

3. Lucky Block (LBLOCK) – Popular Low Price Cryptocurrency with New Exchange Listings

Lucky Block logoInvestors seeking the cheapest cryptocurrency to buy in 2022 within the crypto-gaming niche should look no further than Lucky Block. Lucky Block has been one of the success stories of 2022, becoming the fastest crypto project ever to hit a $1 billion market cap. Although Lucky Block’s price has fallen in line with the broader market, recent developments could provide the impetus needed for a rebound.

Firstly, Lucky Block’s team has officially launched an innovative ‘NFT competitions’ platform. This new NFT project offers an array of exciting prizes, including houses, FIFA World Cup packages, and even $1m worth of BTC. Prospective entrants simply have to purchase an NFT from the relevant competition and wait until the collection sells out, at which point a draw will take place.

Lucky Block platform

Those who hold NFTs while waiting for the draw will also receive regular rewards – providing another incentive to participate. Aside from this new platform, Lucky Block’s team has also released ‘LBLOCK v2’, an ERC-20 version of the original LBLOCK token. This new version allows traders and investors to buy Lucky Block through major CEXs like LBank and MEXC.

These elements combine to make LBLOCK the best cheap cryptocurrency to buy for long-term potential. At the time of writing, LBLOCK is trading at just $0.0027, following a surge after listing on LBank. Given the project’s vast potential, there’s an argument that tokens are still trading at a significant discount.

4. Solana (SOL) – Top Blockchain Project with Cheap Token

SOL logoSolana has emerged as the cheapest crypto to invest in for exposure to the blockchain industry, as this project looks to rival the top dogs in the space. Launched in 2017, the Solana blockchain has built a reputation for its speed and scalability – two areas where Ethereum has struggled.

According to Gemini.com, the Solana network has a theoretical peak capacity of 65,000 transactions per second (TPS), making it 4,000 times faster than Ethereum. Solana achieves this through an innovative ‘Proof-of-History’ (PoH) consensus protocol, ensuring transactions are validated quickly and safely.

Solana blockchain

As the network has grown, Solana has been used to mint NFTs, build decentralized apps (dApps), and even host blockchain-based games. Although the SOL token is trading 84% below all-time highs, this cheap crypto has all the elements needed for a rebound.

Your capital is at risk. Crypto asset investments are highly volatile and speculative. 

5. Loopring (LRC) – Best Cheap Crypto to Invest in for Exposure to DeFi

LRC logoArguably the cheapest cryptocurrency to buy in 2022 within the DeFi space is Loopring. Loopring is a Layer-2 scaling solution for Ethereum, offering an innovative way to boost the network’s scalability. It does this by using ‘zkRollups’ to bundle transactions together for validation.

Loopring became the fastest-growing cryptocurrency in late 2021, as the LRC token surged over 880% in under three weeks. Much of the hype around Loopring was driven by the fact that users can operate in the DeFi space whilst benefitting from the best features of both CEXs and DEXS.

Loopring network

This means that those who swap tokens using Loopring’s exchange can do so in a decentralized manner but also view crucial order book information. This approach makes Loopring a viable competitor to the best DeFi exchanges – and hints that the LRC token could be undervalued at today’s prices.

Your capital is at risk. Crypto asset investments are highly volatile and speculative. 

6. Algorand (ALGO) – Low Price Crypto Project Trading at a Discount

ALGO logoAlthough Algorand might not be the best beginner cryptocurrency to invest in due to its complex features, it does offer a low-priced alternative to other blockchain projects. Like Ethereum and Solana, Algorand is a blockchain network that can handle various tasks, such as minting NFTs, running smart contracts, and hosting dApps.

However, Algorand differentiates itself thanks to the development team’s experience. Algorand was founded by MIT professor Silvio Micali, who won the Turing Award in 2012. Micali launched Algorand in 2019, with the network now able to handle around 1,000 transactions per second.

Algorand blockchain

Algorand is also ideal for those interested in crypto staking, as ALGO holders can stake their tokens and generate a yield of over 7% per year. Furthermore, the ALGO token is trading at just $0.33 at the time of writing – meaning this low-priced token could provide huge returns if any rebound occurs.

Your capital is at risk. Crypto asset investments are highly volatile and speculative. 

7. Shiba Inu (SHIB) – Best Cheap Crypto to Buy for Rebound Potential

SHIB token logoThose looking for the cheapest cryptocurrency to invest in within the ‘meme coin’ niche should look no further than Shiba Inu. Shiba Inu emerged as one of the best meme coins on the market in late 2021, after the SHIB token’s price rocketed by over 1,200% in a matter of weeks.

However, this bullish momentum was short-lived, and SHIB now trades around 87% lower than all-time highs. This gives Shiba Inu a price of just $0.000011, making it one of the cheapest cryptos on our list.

Shiba Inu crypto

Looking ahead, Shiba Inu could be set for a rebound after the project’s team announced they are developing their own mobile game. This game will be developed in conjunction with PlaySide Studios, which has previously worked with Disney and Pixar, leading many investors to believe SHIB may experience a turnaround soon.

Your capital is at risk. Crypto asset investments are highly volatile and speculative. 

8. Oasis Network (ROSE) – New Privacy-Focused Blockchain with Low Priced Token

ROSE logoAlthough most investors opt to buy Ethereum when looking to invest in a blockchain project, Oasis Network has emerged as an exciting low-priced alternative. Launched in November 2020, the Oasis Network has a strong focus on privacy, which has added a unique selling point (USP) in the ultra-competitive blockchain space.

Oasis Network concentrates mainly on the DeFi sector, providing pathways for dApps to scale while offering users privacy. The network’s scalability is one of its most appealing elements, as the use of a ‘ParaTime layer’ to process transactions means Oasis Network has a theoretical upper limit of 1 million TPS.

Oasis Network blockchain

Transaction fees on Oasis Network are lower than Ethereum, and finality is instant – both of which are attractive to dApp developers. Finally, since one of the network’s ParaTime layers is compatible with the Ethereum Virtual Machine (EVM), this means developers can port their already-constructed dApps over to Oasis Network.

Your capital is at risk. Crypto asset investments are highly volatile and speculative. 

9. Cosmos (ATOM) – Exciting Cheap Crypto Designed for Interoperability

Cosmos logoCosmos is the cheapest cryptocurrency to buy in 2022 that looks to tackle the ongoing issue of interoperability. Many of the most volatile cryptocurrency projects operate individually, meaning they cannot share information. This dramatically reduces the scalability potential in the space.

Cosmos looks to solve this by creating an ecosystem of interoperable blockchain networks. In addition, Cosmos allows each network to remain autonomous, meaning the developers still handle their own governance and validation. These networks can then connect through a ‘hub’ and share data.

Cosmos crypto

ATOM is the native token of the Cosmos ecosystem and is used to pay fees, vote on governance proposals, and for staking. This cheap token is priced at just $10 at the time of writing, although it reached $44 in early 2022 – highlighting ATOM’s price potential.

Your capital is at risk. Crypto asset investments are highly volatile and speculative. 

10. Chiliz (CHZ) – Lowest Price Cryptocurrency for Sports Fans

CHZ logoCapping off our discussion of the cheapest cryptocurrency to buy in 2022 is Chiliz. Chiliz has emerged as one of the best ERC-20 tokens on the market, following the rise in popularity of ‘fan tokens’. Socios.com offers these fan tokens, whilst Chiliz is the network that helps facilitate their creation and distribution.

Fan tokens allow holders to engage with sports teams in a unique way, offering exclusive discounts and several outstanding benefits. Sports teams like FC Barcelona, Juventus, and Paris Saint Germain have launched their own tokens – with this trend showing no signs of stopping.

Chiliz crypto

Chiliz is in the process of developing its own blockchain, which will allow the project to take advantage of this trend. Given the grand plans that the Chiliz development team has, the fact that the CHZ token is trading at just $0.13 provides an excellent opportunity for speculative investors.

Your capital is at risk. Crypto asset investments are highly volatile and speculative. 

How to Find Cheap Cryptos

Finding the best cheap crypto to invest in can be challenging, primarily due to the adverse macroeconomic factors that have plagued the financial markets over the past few months. However, investors can identify the best crypto under $1 much easier by using the approaches noted below:

Use Social Media Channels

One of the best ways to find the cheapest cryptocurrency to buy in 2022 is to use social media. Although many analysts view social media channels with disdain, they can act as a helpful resource when identifying low-priced tokens.

Twitter and Reddit are two of the most popular social media platforms for crypto investors. However, many of the best TikTok crypto accounts also provide in-depth reporting on new and exciting projects. Although not all information presented on social media will be accurate, these networks can be valuable tools for analysis.

Battle Infinity Twitter

Review Price Charts

Naturally, looking at a token’s price chart is a great way to determine whether it can be considered ‘cheap’ or not. The ‘cheapness’ of a token is entirely relative – one token may be regarded as low priced at $10, whilst another could be viewed as overpriced at $0.50.

The dollar value of a digital currency isn’t as important these days since many of the best cryptocurrency exchanges (e.g. eToro) offer fractional investing. Thus, by reviewing the price chart of various tokens, it’s straightforward to identify those trading at a discount relative to previous highs.

Keep Tabs on Crypto News Events

Keeping tabs on the latest crypto news can be another way to identify cheap cryptocurrencies. A prime example of this is Ethereum’s upcoming transition to a ‘Proof-of-Stake’ (PoS) blockchain, which is viewed as one of the most critical events in the market’s history.

If this transition is successful, it’ll undoubtedly help the NFT and DeFi markets thrive. However, ETH is still trading well below all-time highs – meaning the project’s potential may not be priced in. Although this is just one example, there are many similar examples throughout the market.

Be Aware of Major Economic Events

Major economic events such as interest rate announcements can significantly affect the crypto market. As interest rates increase, it makes ‘risky’ assets like cryptocurrencies less appealing. In turn, this tends to cause a market downturn.

Federal Reserve

Being aware of interest rate announcements can also enable investors to identify cheap cryptos. If rates are lowered, the market tends to experience a bullish bounce – so those cryptos that are low-priced before any rate increase could be considered an appealing investment opportunity. 

Look for ICOs & IEOs

Finally, those looking for the best long-term crypto investments may wish to consider participating in an ICO or IEO. These events are a popular way for investors to buy cheap cryptocurrencies, as tokens tend to be offered at a discount.

However, it’s essential to bear in mind that ICOs and IEOs can be extremely risky, as many have resulted in ‘rug pulls’ in the past. Thus, it’s best to consider projects like Battle Infinity or Tamadoge, both of which are KYC-verified on CoinSniper and thoroughly audited by SolidProof.io.

Is Cheap Cryptocurrency a Good Investment?

Many of the most promising cryptocurrencies feature low prices – yet this doesn’t mean they should be considered ‘low value’. Presented below are four reasons why cheap cryptocurrencies can still be regarded as a good investment opportunity:

High Returns Potential

Common sense dictates that low-priced cryptocurrencies have significant upwards potential. Those looking for the next cryptocurrency to explode can often uncover exciting projects by looking for cheap cryptos and investing in them.

LBLOCK returns

A great example of cheap cryptocurrencies’ potential is Lucky Block’s listing on PancakeSwap in early 2022. When LBLOCK was made available through this DEX, demand pushed the token’s price up by over 3,000% from the presale price – netting early investors an incredible return.

Suitable for Day Traders & Scalpers

Low-price cryptos are ideal for active traders since small price movements often result in outsized gains. Although liquidity is usually lower with cheap cryptos, price movements (both bullish and bearish) can be aggressive.

The best crypto to trade will often have a low price and high accessibility, which is an excellent combination for day traders and scalpers. In addition, since active traders often trade both sides of the market, it doesn’t matter whether the coin’s price goes lower or higher.

Can Generate Passive Income

Although most investors seek capital gains, investing in cheap crypto can also be appealing from a passive income perspective. Many of the best DeFi coins offer yield farming and staking services, which can dovetail nicely with the coin’s price potential.

SOL staking rewards

Furthermore, projects like Battle Infinity and Tamadoge also offer income potential through their P2E mechanisms. Although this is a more ‘active’ approach than yield farming or staking, it can provide an appealing alternative to those wishing to be more hands-on.

Exposure to New and Exciting Use Cases

Finally, many cheap cryptocurrencies are part of new projects that offer compelling use cases. Due to how saturated the cryptocurrency market is these days, new projects must differentiate themselves by providing a utility that no other project has.

Identifying projects with valuable use cases can be a great way to gain exposure to future price growth. This is because quality use cases will often lead to increased token demand – which tends to result in upwards price momentum.

Cheapest Cryptocurrency Projects to Buy – Conclusion

This guide has examined the cheapest cryptocurrency to buy in 2022, presenting ten coins currently trading at a discount that represent exciting opportunities for crypto investors.

Battle Infinity and Tamadoge are two of the lowest price crypto coins that have caught investors’ attention, but only Tamadoge is still in the presale phase. This means that investors can acquire TAMA tokens at a discount relative to their eventual listing price – providing high returns potential over the long term.

Tamadoge (TAMA) - Next Big Meme Coin

Our Rating

Tamadoge
  • Beta Sale Ends Sept 2022 - tamadoge.io
  • Deflationary, Low Supply - 2 Billion
  • Move to Earn, Metaverse Integration on Roadmap
  • NFT Doge Pets - Potential for Mass Adoption
  • Play to Earn Utility - Rewards Token
Tamadoge
 

Battle Infinity - Latest Metaverse Game

Our Rating

Battle Infinity
  • Presale Sold Out Early - battleinfinity.io
  • Upcoming Listing on PancakeSwap
  • Fantasy Sports Themed Games
  • Play to Earn Utility - IBAT Token
  • Powered By Unreal Engine
  • Solid Proof Audited, CoinSniper Verified
Battle Infinity

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