5 cryptos under one cent to watch in 2022

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 5 cryptos under one cent to watch in 2022
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Highlights 

  • Cryptos with a very low price might draw the attention of crypto enthusiasts that are in search of quick gains
  • Bitcoin has a high price per BTC token, but there are other high market cryptos available under one cent
  • Last year, multiple low-priced cryptos gave better returns to investors as compared to the returns of BTC

It might be true that most cryptocurrency investors look for quick gains. Those who missed boarding the Bitcoin bandwagon are now looking for cryptos that can create wealth in a few months or years.

In this light, the focus of many enthusiasts is on low-priced tokens. Last year, two tokens, Axie Infinity’s AXS and Solana’s SOL, outshone high-priced cryptocurrencies like Bitcoin and Ether. While there are many cryptos even today that have a single-digit price per token, some are even trading at under one cent.

Which are the best cryptos available to purchase under one cent? Let’s find out.

1. Shiba Inu (SHIB)

Shiba Inu is a combination of an extremely popular asset that is available at a very low price. A meme token, which rivals another popular crypto Dogecoin,

Shiba Inu is about to foray into a lot of new things including a blockchain network and a stablecoin. But even without these elements, the SHIB token of the project has a multi-billion-dollar market cap. The addition of a new blockchain, which its developers claim will have a very low transaction fee, and a stablecoin named SHI may add more value.

As of writing, SHIB was trading at nearly US$0.000025, which makes for a very interesting watch in the coming months. SHIB might reach US$1 but for that Shiba Inu’s blockchain and the stablecoin SHI will have to show immense utility.

Also read: SHIB price prediction 2025: Can Shiba Inu crypto reach $1?

2. BitTorrent (BTT)

Riding the blockchain wave, this popular peer-to-peer file sharing platform has become a billion-dollar-plus market cap crypto. BitTorrent moved to a blockchain after it was acquired by TRON.

The BTT token has multiple purposes within the network, from payment of fees to validation of transactions. The peer-to-peer architecture of the platform brings to it extreme decentralization, with powers distributed among its users, not concentrated in any central entity.

As of writing, the BTT token was trading at nearly US$0.000002, and it has a market cap of nearly US$1.9 billion.

Also read: 10 best penny cryptos to watch in 2022

3. eCash (XEC)

The eCash project is eyeing token-based economics. It wants the XEC token to be used for the payment of goods and services.

XEC, according to its developers, can enable anonymous transfers of money, besides providing the so-called “immutable” record of all transactions on the network. eCash also claims that global payments in the network will be quicker and secure.

As of writing, XEC has a price tag of nearly US$0.000075, with a market cap of nearly US$1.5 billion, which makes it a top 100 crypto on the CoinMarketCap listing.

Market cap of SHIB, BTT, XEC

Data provided by CoinMarketCap.com

4. Holo (HOT)

Holo has some unique features, which makes the Holo crypto a little different from blockchain-based assets. The Holo project has the native Holochain, which it claims can support a slew of decentralized projects including DApps.

Holo skips the use of blockchain to provide decentralization and power in the hands of users. The project further claims that it can be in the distributed ledger space what Uber and Airbnb are in the ride-sharing and hotel-booking sectors, respectively.

HOT is the native token, which can be used for payment of fees within Holochain. The market cap is not very high, but it still makes a top 100 cryptocurrency as of writing.

The price of the HOT token is nearly US$0.005, and if Holochain can emerge as a better alternative to blockchains like Ethereum and Fantom, its backers may see their holding appreciating in 2022.

Also read: Bitcoin price prediction 2025: Can Web 3.0 catapult BTC to $300,000?

5. APENFT (NFT)

The ticker of the APENFT project is enough to understand that it is working in the non-fungible token (NFT) sector. A comparatively newer cryptocurrency, APENFT has managed to become a US$500 million-plus asset.

The project claims it invests in platforms that deal in NFT trading, besides providing incubation services to artists. APENFT, if it manages to bring NFT artists to the mainstream like traditional artists, it may be among the top trends in the coming months. APENFT also states that it would hold exhibitions to further popularize the NFT sector.

The NFT token of the project was trading at nearly US$0.0000019 as of writing. If the NFT frenzy continues unabated and APENFT becomes a major participant, the NFT token may rise more than major cryptos like BTC.

Also read: Why are people buying virtual real estate?

Bottom line

Trading in crypto assets is risky, and it becomes a lot riskier when it comes to trading in assets that have a very low price per token. The above five cryptos are priced under one cent, but they all have a chance to rise in the future if their respective projects can establish their utility.

SHIB remains a top trend even today, and its high market cap but very low price may make it a lure for a section of crypto enthusiasts.

Cryptos under a cent might make their supporters rich if demand surges on the back of utility. That said, prices may even fall.

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