Ten Cryptos Trading Below US$1 With Good Utility

January 15, 2022 01:10 AM AEDT | By Daniel Paul Johns
 Ten Cryptos Trading Below US$1 With Good Utility
Image source: © Traviswolfe | Megapixl.com

Highlights 

  • Amp token offers instant and verifiable assurances for any kind of value transfer
  • Tron provides a network where artists can directly connect with their audience, bypassing centralised networks
  • Hedera’s sustainable public network allows individuals and businesses to create powerful decentralised applications (DApps)

When conversations turn to cryptocurrency, usually Bitcoin and Ethereum are the two examples that come up. And for good reason. They’ve been around for a number of years and are the largest and second largest digital currencies by market capitalisation.

These coins’ popularity has caused their price to go up considerably over the years but there was one point when you could buy both of these tokens for under a dollar.

There are thousands of cryptos currently in circulation and many more being added each and every day.

But which ones are the next Ethereum or Bitcoin? While it’s hard to imagine any crypto on the market right now following the same price trajectory as either Bitcoin or Ethereum, there are a number of coins with high utility, which investors can also buy for less than a dollar.

Here are the top ten,

IoTeX (IOTX)

Price: US$0.1009

This decentralised platform is an ecosystem where people and machines interact with guaranteed trust.

This blockchain provides flexibility and scalability for various applications operating on machines ranging from smart home devices to autonomous cars.

Amp (AMP)

Price: US$0.04085

Amp token offers instant and verifiable assurances for any kind of value transfer.

Amp’s system of collateral partitions and collateral managers means certain networks can quickly secure transactions for a variety of asset-related use cases.

Crypto.com Coin (CRO)

Price: US$0.4575

It seems this platform has been everywhere recently, renaming the Los Angeles arena formally known as The Staples Center to Crypto.com Arena.

This up-and-coming blockchain is a payment, trading and financial services company.

Tron (TRX)  

Price: US$0.06707

Tron provides a network where artists can directly connect with their audience, bypassing centralised networks.

For instance, it means musicians can use Tron to sell music directly to their audience without having to pay a middleman like iTunes or Spotify. Great project.

 Which crypto under $1 is a good investment in 2022? What is the best crypto under a dollar? Cryptos to watch under $1

Image source: © Jacky7 | Megapixl.com

Stellar (XLM) Price: US$0.2747

Transaction fees are a real problem for users of blockchains. Stellar’s platform is unique in that it charges a flat fee of 0.00001 XLM, which is minuscule.

This platform’s blockchain helps financial firms connect with one another.

VeChain (VET) Price: US$0.07766

VeChain is best known for its work in the supply chain, which, given the disruptions brought about by Covid, make this a great one to watch out for.

Hedera (HBAR) Price: US$0.2821

Hedera’s sustainable public network allows individuals and businesses to create powerful decentralised applications (DApps).

This platform’s Hashgraph technically, which is different from blockchain technology allows it to improve upon other blockchains in terms of speed, cost and scalability.

Harmony (ONE) Price: US$0.357

This blockchain allows for the creation of DApps but through its sharding process, reduces node verification times this increasing speed and efficiency.

BitTorrent (BTT) Price: US$0.00251

You’ve probably heard of BitTorrent as a peer-to-peer file sharing platform where people download movies and music. What you might not know is it’s become more and more decentralised recently after being acquired by Tron in 2018.

Since then, BitTorrent has also branched out into paid services, offering users “premium” versions of the platform.

Gala (GALA)  Price: US$0.3268

Gala creates blockchain games with a mission to make the best blockchain games available. With the rise of the Metaverse, this is a good one to watch out for.


Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Pty Ltd (Kalkine Media, we or us), ACN 629 651 672 and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary. Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source wherever it was indicated as or found to be necessary.


AU_advertise

Advertise your brand on Kalkine Media

Sponsored Articles


Investing Ideas

Previous Next
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.