Less Than a Dollar Cryptocurrencies to Diversify Your Portfolio in 2022
Lucky Block
The overall best cryptocurrency under $1 to buy right now is the Lucky Block. This project is focused on creating a better lottery experience through the use of the Binance Smart Chain. It will be able to alter and improve the traditional draws. The goal of Lucky Block is to create a more transparent and fair lottery using blockchain technology. It eliminates the need for traditional methods of conducting these draws. It also allows people from all around the world to participate.
For those who are looking for the best less than a dollar cryptocurrencies to invest in, the Lucky Block is undoubtedly a good choice. Its creators have included various features that will allow you to earn a steady and long-term profit from its ownership. Lucky block's creators claim that investors will get 10% of the total prize money. Another 10% will be used for marketing and growth, and the remaining 10% will be donated to charity. At the time of writing, the project's market cap is around $111 million. The all-time high of Lucky Block was at $0.009. At the time of writing, the token is trading at around 0.001028.
Stellar
Stellar is a multi-currency payment network that uses blockchain technology to process transactions. It is also known as a blockchain protocol, and its various cryptocurrencies, such as Stellar Lumens, are used to process transactions. It has been gaining popularity in the cryptocurrency community due to its low fees and fast transaction speed. Currently, Stellar is in the 20s by market cap, and it has plenty of room for growth.
Stellar is a direct competitor to Bitcoin and aims to be more accessible to individuals. It also has a high developer engagement. Its inflation pool reward is 1% annually, which helps manage the value of assets. The Stellar token's price has fluctuated between $0.15 and $0.60. The 2017 crypto bull run hit an all-time high of $0.79. Many believe it could hit another high of around $1.75 by 2025.
XRP
Through XRP's consensus protocol, transactions can be approved by most of the network's validators. It ensures that folks can conduct transactions quickly and at a low cost. As a result, it is one of the most energy-efficient cryptocurrencies. One of the most promising cryptocurrencies under $1, XRP is capable of replacing an outdated international money transfer system with a more modern one. Its banking connections are also encouraging, leading to a price hike if its legal standing improves.
During the bull run in 2017, this digital currency was one of the most popular less than a dollar cryptocurrencies. It then rose to an all-time high of around $3.40 in May 2021. However, since then, it has lost over 75% of its value. However, some experts believe it could hit a high of around $4 by 2025. Its relatively low price makes it an ideal entry point for investors.
Basic Attention Token
In May 2017, developers launched the Basic Attention Token. It's a DeFi token that aims to address a specific need and provide a valuable service to the community. It is built on the Ethereum blockchain. The Basic Attention Token was created by the internet company Brave Software developers as part of their efforts to transform how the internet collects and treats data. At the time of writing, the Basic Attention Token's market cap is almost $609.27 million. Its all-time high was almost $1.5 in November 2021. Since then, its price has dropped 57%.
Due to the low price of Basic Attention Token, it is considered a bargain at the moment. According to market experts, it could hit highs of around $3.30 by 2025. If you are still interested in this cryptocurrency, you could potentially make a 300% gain by investing now at $0.4.
Conclusion
One of the most critical factors investors should consider when assessing the potential of a coin is its market cap. Look for assets that are perceived to be undervalued compared to other companies in the same sector. For instance, if you are looking to invest in Fantom, you should consider its use cases as a competitor to that of Polygon. It's essential to research a project before investing thoroughly. Find out what the project is about and compare its merits with other similar assets. Doing so will allow you to identify potential hidden gems and undervalued projects, thereby, helping you identify the most valuable less than a dollar cryptocurrencies that you can invest in.