10+ Cheap Cryptocurrencies To Invest In January 2025

Based on known trading patterns and project fundamentals we have selected 14 cheap crypto assets with the potential to grow positively in the near future and long term. Here, we review these assets and why we selected them:

Rexas Finance offers a broad range of financial services and products to meet the needs of businesses and the general public. The company provides a variety of loan services, such as credit lines, business loans, and personal loans. These loans are designed to provide a flexible credit facility for a number of uses, such as operating capital, home improvement, business expansion, and debt consolidation, among others. Rexas Finance’s credit products are highly appealing due to their favorable terms of repayment and affordable interest rates. Borrowers can easily apply for loans from the comfort of their homes thanks to the company’s online presence. 

Additionally, finance offers its clients financial services and advice so they can make the best choices for their financial future. The business takes great care in its lending practices and complies with all laws and guidelines established by the government to protect its borrowers. In order to provide the best financial services and expand its portfolio, Rexas Finance constantly evaluates the market. The goal is to become a provider of financial solutions that will assist individuals in reaching their financial objectives by offering all the financing services and products that are required.

AurealOne is a comprehensive concept that offers Metaverse possibilities for entertainment, socializing, and economic participation. This cheapest crypto to buy provides an immersive virtual experience with diverse features focusing on attracting users to purchase land and participate in community decisions. It features a vast virtual environment for social interaction and exploration. It primarily emphasizes a personalized, immersive experience that allows users to participate in a variety of virtual activities. Aureal One also aims to educate users about the metaverse’s diversity and advantages over other blockchain projects. The community governance will help all investors gain a better understanding of Metaverse and how it works, which sets it apart from other metaverse projects.

Aureal One provides community governance, a dynamic marketplace, customizable features, and a platform that allows users to connect and engage with a whole new community. This project is for those who seek immersive storytelling experience, community driven interactions, and diverse earning opportunities within a metaverse setting.

Dreamcars is a unique blend of blockchain technology, luxury car investment, and decentralized finance, making it a revolutionary platform. 

Its memberships, which offer special benefits like rental discounts and ownership shares in the Lamborghini Aventador, Ferrari F8, or Bentley Continental, will only be offered during the pre-sale. Each vehicle generates an average annual percentage yield (APY) of 20–50%, depending on market demand, outperforming traditional assets like stocks, ETFs, and real estate. Dreamcars is at the forefront of a new asset class that will diversify wealth and generate positive cash flow.

Investors only need to put down as little as $10 to start with Dreamcars. This investment has the potential to generate up to 50,000 USDT for investors. The platform is storing, purchasing, and fractionalizing car ownership by leveraging the decentralized nature of blockchain technology. It uses smart contracts to securely store the details of ownership. This ensures secrecy and transparency and offers full control through a personal dashboard.

Solana network is home to several memecoin projects. Most of these memecoins have gone from low market cap to significantly higher prices. For investors looking out for the next cheap memecoin to break out on the network, Pandana could be a solid choice. Pandana is selling at $0.0033 per token in the current ICO stage. With a total supply of 8 Billion tokens, this places its market cap at $24 Million. Pandana is considerably undervalued when compared to other top memecoin projects. The Pandana team hopes to build a thriving community and drive value for its native meme token.

The Pandana ICO event has been comparatively successful the project has raised over $670,000 so far as the ICO event nears its end. The token will be launched on decentralized exchanges on the Solana network and expand to other centralized exchanges in the future. At its current price and stage of development, Pandana could be a solid choice for investors exploring relatively cheap cryptocurrencies to buy.

For a project of its caliber, Cardano is currently trading at a relatively cheap price. ADA previously reached an all-time high of $3 per coin in 2021 but has since retraced to the $0.3 area. As the network grows, it could reclaim this price level.

Cardano is a layer-1 blockchain network designed for smart contract applications. It enables developers to develop and deploy high-performance applications. Applications in the finance, gaming, and routine utility sectors can be deployed on the network. Cardano runs an optimized version of the original proof of stake (POS) consensus algorithm known as Ouroboros. The consensus mechanism is structured to improve the network’s flexibility and achieve faster block time and overall improved efficiency. 

The project is growing an ecosystem of decentralized applications that leverage the network as a back-end for high-throughput applications. Over $215 Million worth of crypto assets are locked on DeFi platforms on the network.

XRP (Ripple) remains resilient, pausing a promising low cost cryptocurrency to invest in 2024, despite the ongoing XRP vs SEC case. XRP serves as the native token utilized by Ripple Labs for enabling transactions on the decentralized XRPLedger (XRPL) blockchain.

The XRP Ledger is known for being a strong and effective blockchain platform for cross-border transactions, with low costs, quick processing, and a sustainable consensus system. The whitepaper highlights that the platform’s integrated DEX and personalized token creation make it even more attractive for businesses and financial institutions seeking to be creative in the digital economy. With the increasing need for effective and reliable payment methods, the XRPL is primed to have a major impact on the future of worldwide finance.

With a market capitalization of $32.06 billion, XRP is among the cheapest cryptocurrencies based to buy, showing its significance in the market. The token has consistently demonstrated resilience and successfully bounced back from market downturns. 

In spite of the SEC lawsuit, XRP witnessed whales purchasing more than 50 million XRP tokens within a one-day period from August 26 to 27. This indicates high confidence in the token potential, and cheapest cryptocurrency to consider investing in 2024.

GALA is one of the cheapest top gaming coins to purchase in 2024. In comparison with the project’s fundamentals, Gala is an undervalued crypto and currently trade below 2 cents. 

Gala Games is a “blockchain of games”. Gala Games is focused on developing engaging play-to-earn and metaverse games that run on the blockchain. Gala Games’ decentralized gaming (GameFi) technology is designed to give gamers control over the games they play and the items they receive while playing these games. 

Gala Games provides resources that power decentralized games. Both independent developers and Gala Games’ affiliated developers can launch their games on Gala Games’ platform. Gamers will be able to play these games directly from the platform or install them using packages downloaded from Gala Games’ platform. Gala is deployed on the Ethereum blockchain but players can bridge and trade their assets to Binance smart chain and Polygon network to enjoy cheaper trading fees and faster transactions.

Fantom has endured a long-running sell-off and could be on its way to recovery following scheduled launches and developments around the Fantom Sonic network. At just below $0.4, it is one of the cheapest crypto coins to buy for 2024 and beyond.

Fantom is an efficient layer-1 network for building smart contract applications. The Fantom whitepaper highlights the network as EVM-compatible, meaning that applications on the Ethereum network can also be deployed on the Fantom blockchain without significant changes to the code base. 

The Fantom development team is also working on Fantom Sonic, a super-fast blockchain network that improves on everything they have achieved with the Opera Chain. Sonic will enable developers to build high-performance applications and offer users an even cheaper transaction fees for regular P2P transactions and advanced operations.

If you are looking for an advanced L-1 blockchain project to invest in, Polkadot is a relatively cheap option. Even at a market cap of over $6 Billion and over $4 per coin, it is still undervalued, compared to other top L-1 networks. 

Polkadot network is built on the idea of a sovereign blockchain network that houses several other autonomous blockchains that are efficiently interoperable. These blockchains are known as parachains and are deployed on the Polkadot Network. Each parachain bids for block time and secures the network’s resources for its operations. Polkadot houses over 50 parachains including the relatively popular Moonbeam network. 

Parachains on the Polkadot network are capable of communicating with each other and sharing network resources including assets and liquidity. Parachains benefit from the security of the main network and run the POS consensus algorithm as well. They can host smart contract applications in the Gaming, DeFi, and NFT sectors.

Dogecoin is a pace-setter in the memecoin space and currently trades just above 10 cents. As a leading project in the crypto space and with a recorded ATH of $0.7, Doge could be one of the best cheap cryptos to invest in. DogeCoin was launched in 2013 as an easily minable crypto asset on the DogeCoin blockchain.

While Dogecoin does not have a specific purpose, its popularity alone makes it the best meme coin to buy. Doge has a thriving community of 3.9 million followers on X and millions more followers on other social channels. 

DogeCoin blockchain is a fork of the Bitcoin blockchain and adopts the fair launch and community leadership of the Bitcoin project. Since this time, it has remained a leading figure in the memecoin sector and has maintained its position as a top cryptocurrency project.

Kaspa is one of the most promising crypto projects in 2024 and a solid choice for investors looking for high-potential but cheap assets to buy. Kaspa blockchain is designed for decentralized P2P transactions and financial settlement. 

Kaspa network is built on the POW consensus algorithm and the GOSTDAG. The POW consensus algorithm ensures that the network is sufficiently secured by a community of miners while the GHOSTDAG implementation enables the network to achieve rapid transaction finality. This way, Kaspa Network is able to deliver a high-throughput network for crypto payments. Its economy model is rooted in Bitcoin’s fair distribution and no pre-mine.

If you wish to diversify your portfolio to include projects that have real-life use cases and potential to grow into a top mainstream project, then BAT should be one of the options to consider. Basic Attention Token ($BAT) is the reward and utility token of the Basic Attention project. BAT is used to reward content creators and monetize internet leads. BAT envisions a world where content creators are fairly rewarded for their contributions to the internet. Creators can join the BAT network and monetize the value they provide to the internet. 

BAT operates a large network of content creators on platforms like YouTube and Twitch. The token powers Brave, an internet browser built for the BAT economy. BAT offers creators a monetization platform that ensures their privacy and fair rewards. Projects and even mainstream firms can utilize the platform to run Ad campaigns.

Despite staying quiet for most seasons, Zilliqa has had several impressive runs and could be set for another run thanks to consistent development and marketing efforts. For an enterprise-grade blockchain project trading below 2 cents, it is a good option for investors looking for an affordable crypto to buy.

Zilliqa is a blockchain network developed for decentralized applications and advanced primitives like metaverse. It is a smart contract blockchain built on the POS (Proof of Stake) consensus mechanism and blockchain sharding. Sharding splits the network into several autonomous factions capable of processing transactions and communicating with each other to maintain a uniform state. 

Thanks to the sharding technology and the POS consensus mechanism. Zilliqa is able to achieve rapid transaction finality and an overall lightning speed. Zilliqa also offers relatively cheaper transaction fees and is optimized for advanced computing narratives like Metaverse and DeFi.

1inch is a leading DeFi application on the several chains where it is deployed. According to the project, over $500 Billion worth of crypto assets have been swapped via its aggregator in about 99 Million transactions. At a market cap of $330 Million, 1inch could be one of the top movers when the market recovers.

1inch is a multi-chain decentralized finance platform powered by the 1inch token. It operates an ecosystem of applications that aid web3 operations. First, the 1inch dex aggregator scans several decentralized exchanges across multiple networks to detect the best route for a swap transaction. It analyzes the liquidity and an asset’s price on these exchanges and routes the user’s transaction through the best platform. It has also developed the 1inch wallet to enable investor to manage their assets easily and securely.

With a TVL of over $7.6 Billion and Millions of active addresses, Tron is one of the biggest L-1 blockchain networks and one of the best cheap coins trading below $0.2 to invest in 2024. Tron Blockchain is built for decentralized finance and gaming applications. Users can also mint and transact NFTs on the network.

Tron adopts the POS consensus algorithm and optimizes its network for high throughput. It builds on the technology introduced by the Ethereum network and improves in areas related to transaction speed and cost. Other operations like stablecoin and RWA tokenization can also be conducted on the network. TRX has maintained its position as a top 50 cryptocurrency project.

Arbitrum is a layer-2 scaling solution for the Ethereum blockchain. Arbitrum is one of the largest layer-2 networks with a TVL of over $2.6 Billion. ARB is the native token of the Arbitrum network and is currently trading below $0.6. A considerably cheap price for the value the network holds.

Arbitrum hopes to improve the user experience on the Ethereum network by developing an execution environment that utilizes the security facility on the main network for the final validation of transactions. Using the Rollup technology, Arbitrum batches data from transactions on its network to the Ethereum network. This way, it saves time and fees by computing several transactions at once.

Over $500 million worth of real-world assets (RWA) have been tokenized on the ONDO finance platform, this is reflected in the platform’s TVL. Ondo Finance is a decentralized finance platform for creating representations of real-world financial instruments on the blockchain. Despite growing impressively in the first two quarters of the year, ONDO has consolidated and is a top choice for investors looking to buy into projects trading at cheap prices.

On Ondo Finance, financial assets like US treasury bills and bonds have been successfully tokenized on the blockchain. Ondo Finance adopts are mint-and-redeem and redeem algorithm similar to that used by commodity-backed stablecoins to create a platform capable of creating tokenized forms of RWAs and redeeming the tokens for tangible assets at the request of the holder. It undertakes the custody of the assets and is obliged to respond to requests for redemption.

As a layer 2 crypto project, Polygon enhances Ethereum’s scalability while upholding security and decentralization. Sidechains, Plasma, and state channels are utilized for quicker and more affordable transactions, allowing horizontal scaling by linking various sidechains to Ethereum.

Advantages of utilizing Polygon (MATIC) consist of reduced fees, increased transaction capacity, and smooth connection to Ethereum, backing DeFi and gaming. Polygon’s enhanced security strategy and ecosystem backing increase confidence and foster growth. Polygon provides scalability options such as zk-Rollups and Optimistic Rollups and encourages sustainability through the use of energy-efficient features, attracting users who are environmentally minded.

Possible use cases involve integrating DeFi for streamlined asset trading and lending, along with gaming applications that rely on quick transactions. Polygon’s future  as a cheap cryptocurrency appears bright with continuous enhancements in scalability and user interface, drawing in more developers and projects for sustained expansion and creativity. 

The fact that it has been successful in promoting adoption and improving the blockchain ecosystem shows promising prospects for the future.

Considering their current price, and fundamentals and comparing these factors with their current market cap and FDV; KAS, FTM, and ONDO are the best cheap crypto to buy. KASPA is run by an enthusiastic community and thrives on the GhostDAG narrative and an efficient P2P payment settlement. Fantom (FTM) is also one to look out for as the launch of the Sonic network draws near. ONDO leads the RWA tokenization space and is a growing favorite for mainstream financial institutions.

Cheap cryptocurrencies are desired for their low prices, investors are usually attracted to assets in this class because it is possible to acquire tangible amounts with just a little capital. However, there are no guarantees that these assets will outperform the costlier ones in the future.

Nevertheless, here are some reasons why you should consider including some cheap crypto assets in your portfolio:

Affordability

Cheap cryptocurrencies could trade anywhere below $1 to a fraction of a cent. Even when they are trading above $1, their corresponding market valuation is low and investors can acquire a significant amount of tokens or a percentage of the total supply with little capital. Compared to projects trading at higher prices and valuations, cheap cryptos are more affordable and present a low barrier to entry for investors. Investors can achieve a tangible financial position on the asset without breaking the bank.

Involvement In The Early Growth Stage

Some of the cheapest crypto coins are from new projects and projects in their early stage of development. At times, these projects are still in the process of community-building and marketing. As an investor, this stage is an important stage for the project and for your investment as well. Investing in a project at this stage gives investors the opportunity to be a part of a progressive community and contribute to the general growth of the project. From the financial perspective, the value of the coin is expected to grow alongside the project itself.

High ROI Probability

Projects with small valuations and low prices per coin have a record of delivering jaw-dropping returns. As the project starts making waves, more investors purchase the asset and drive the value higher. Projects in this class are associated with the ‘10X’, ‘100X’, and even ‘1000X’ gains. The multiple returns could be life-changing for an investor and this is one of the main reasons why these assets are sought after.

After identifying a crypto asset trading at a low price that you wish to invest in, the next step is to select an exchange of your choice for your trading. See if the asset is listed on any decentralized exchange and decide between the Dex and the Centralized exchanges where it is listed. While choosing an exchange, ensure that there is enough liquidity for your trade to avoid significant slippages. Also, verify the authenticity of the platform and the security practices to ensure the safety of your funds.

To trade cheap crypto assets on decentralized exchanges, you will only need to set up your personal wallet and run a swap transaction. For centralized exchanges, you will need to create a trading account and set up your wallet on the platform to enable you to trade.

Here’s a guide on how to trade altcoins on centralized exchanges;

Step 1: Creating A Trading Account

Visit the official website of your desired crypto exchange to create a user account.

Step 2: Verify Your Account

Complete the basic KYC process as stipulated by the exchange to enable you to trade cryptocurrencies on the platform.

Step 3: Deposit Fund

To deposit crypto to your trading account, copy the wallet address of the asset you wish to deposit from your trading account and send your capital to the asset.

To deposit Fiat, follow the guidelines for Fiat and on-ramp purchases for the platform

Step 4: Find And Trade Assets

After creating your account and crediting your trading account, you are now ready to start trading cryptocurrencies. Here is how to buy a cryptocurrency

To place a buy order.

• Visit the exchange where you have created a trading account.

• Navigate to the market section and find the crypto asset you wish to buy.

• On the asset’s page, you can see the presiding price and the order book.

• In the Buy section, set the price at which you wish to buy the asset and enter the amount you wish to purchase. Click BUY [ASSET] to place your order.

Note: If the set price is below the market price, the order will not be completed immediately but added to the order book.

If your order is pending completion, check the order area to see how much of your requested purchase amount has been filled.