Top 3 cryptos under $0.0001 to watch in the near term

Highlights 

• Cryptos have lately surged in value even as geopolitical tensions haven’t receded yet
• Cheap cryptos may attract a section of fans, and a price under US$0.0001 is quite interesting
• The below three may be cheap tokens, but they all have a market cap of over US$1 billion

Cryptocurrencies have soared lately, with the total market cap breaching the US$1.9 trillion mark. That said, the rebound in crypto assets seems to be all-encompassing. From blockchain network tokens like ETH and SOL to meme currencies like SHIB and DOGE to the largest crypto BTC, all were trading in green as of writing.

In this light, which are the cheapest cryptocurrencies to keep a tab on? Hereunder are three top cryptos under US$0.0001 that make for an interesting watch in the near to medium term.

1. Shiba Inu (SHIB)

SHIB is that one cryptocurrency which has a very high market cap, nearly US$14 billion as of writing, but a very low price per token. Shiba Inu is a meme token, which has Dogecoin as its biggest competitor.

The DOGE token, however, had a price over US$0.10, whereas SHIB was sitting at as low as US$0.000025 as of writing. This may make SHIB an interesting token for crypto enthusiasts, which might be why SHIB’s trading volume over the past 24 hours was more than that of DOGE.

Also read: What’s Polkadot’s consensus mechanism & DOT’s price prediction by 2030?

SHIB is set to have its own blockchain network termed the Shibarium. SHI is the stablecoin that the project may launch, which may trigger competition with Tether, the most popular stablecoin as of now.

2. BitTorrent (BTT)

The BTT token is linked to the popular file sharing network BitTorrent. The TRON blockchain has infused decentralized features in the network, with BTT as the token with multiple uses.

Though the BTT crypto was not a top 50 crypto asset by market cap as of writing, it commanded a high market cap of over US$1.8 billion. Like SHIB, BTT has gained over the past 24 hours, with its price hovering at nearly US$0.000002. The BitTorrent cryptocurrency has a specified utility within its peer-to-peer file sharing network.

3. eCash (XEC)

The XEC crypto completes this list with its price of nearly US$0.00008 as of writing. Though the eCash crypto is not as popular as SHIB or BTT, it is a top 100 crypto with its market cap of nearly US$1.5 billion.

Also read: Keep Network trading volume up 400%: What’s KEEP’s price prediction?

The project started off as a Bitcoin fork, and the XEC token is envisioning its use in the payment of regular goods and services. The project is also claiming to support anonymity in transactions, besides “almost free” movement of tokens. The eCash crypto, it seems, is trying to compete with Bitcoin to be used as a medium of exchange in the global payments system.

Data provided by CoinMarketCap.com

Also read: As Ukraine accepts crypto donations, what is Bitcoin’s future?

Bottom line

The above three cryptos, SHIB, BTT, and XEC, are low-priced tokens as compared to other high cap cryptocurrencies. But it doesn’t mean they are less volatile or are immune to wild price fluctuations. A low price per token, however, could be a major attraction.

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