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When it comes to the best cryptos under $1, the options are abundant. Investors often target projects within this range as they are affordable and usually experience significant price increases on their way to the $1 price level. To aid your due diligence, we have selected the 10+ Best Cryptos Under $1 That Could Explode In 2024.
Rexas Finance:Offers a brilliant opportunity for investors to buy fractions of high value assets.
Dreamcars:Best crypto under $1 offers fractional investment in luxury cars.
Dexboss:Top crypto under $1 with low transaction fees and staking flexiblity.
Polygon:Multi-product Ethereum scaling solution powered by the MATIC token.
AurealOne:All-inclusive Metaverse augmented reality platform offering social interaction and marketplace.
Pandana:Pandana is a meme coin on the Solana blockchain. It features comic images of Panda and drives token value through community-powered marketing.
Tron:Second largest smart contract blockchain for DeFi, NFT, and GameFi applications.
Algorand :A proof-of-stake network designed to reduce transaction fees and energy consumption.
Sei Network:EVM-compatible layer-1 network based on the Move programming language and EVM parallelization.
Kaspa Coin:POW network for P2P payment with fast transaction finality.
Dogecoin:Biggest meme coin project by Market cap.
Stellar:Smart contract blockchain designed for easy development solutions for real-world finance.
Mog Coin:Fastest growing memecoin project on Ethereum Blockchain.
Cronos Network:Layer-1 POS blockchain network for DeFi and NFTs.
Ondo:Preferred RWA Crypto project under $1 with great potential and strong fundamentals
Finding affordable as well as promising cryptocurrencies can be a game-changer for many investors looking for massive gains. We have selected some of the best cryptos to buy now under $1, focusing on their potential for growth, market trends, and unique value propositions. However, you must also consider the market cap.
If you’re looking for the next cryptos to hit $1, consider the supply. It is highly unlikely for high-supply coins to cross that mark. However, these tokens offer an accessible entry point into the dynamic world of digital assets, making them attractive options for both new and expert investors in a crypto bull run.
Rexas Finance is a real world asset platform designed to tokenize assets such as commodities, art, and real estate, among others. The platform offers fractionalization of assets, enabling high value assets to be more affordable for everyone. This allows asset owners to get the true value of the commodity. This project aims to decentralize global asset investing through the use of blockchain technology.
Investment options such as NFTs, DeFi, and others are supported by the platform. Rexas offers a number of tools, including a multi-chain DeFi solution for cryptocurrency trading, a token builder for asset tokenization, and a decentralized launchpad for token funding.
Dreamcars memberships, which provide exclusive perks like rental discounts and shares in the Bentley Continental, Ferrari F8, or Lamborghini Aventador, will only be available during the pre-sale. Each car outperforms conventional assets like stocks, ETFs, and real estate, generating an average annual percentage yield (APY) of 20–50%, contingent on market demand. Dreamcars is leading the way in a new asset class to diversify wealth and produce positive cash flow.
The platform is utilizing the decentralized feature of blockchain transactions to store, buy, and fractionalize the ownership of cars. It uses smart contracts to store the details of ownership securely. Each car outperforms conventional assets like stocks, ETFs, and real estate, generating an average annual percentage yield (APY) of 20–50%, contingent on market demand.
Dexboss wants to make the often complicated DeFi process simpler and more pleasurable. It is made to be as open and user-friendly as possible, which closely relates to the issues that many potential users are aware of. The project’s main goal is to provide a wide range of services and tools that will make essential DeFi procedures easier. The goal of these decentralized exchange aggregations is to gather order books from various DEXs in order to give users the best price and minimize slippage.
Another important optimization area is yield farming, the tools that are aimed at exposing and participating in high-yield farming profiles with minimal risk exposure. Additionally, Dexboss will offer a robust suite of portfolio services that will enable users to manage multiple assets within DeFi across multiple wallets and apps from a single dashboard. This facilitates cryptocurrency portfolio management and provides a comprehensive view of a user’s DeFi investments.
Polygon is one of the top Layer 2 crypto projects compatible with the Ethereum blockchain solutions and other EVM applications. Polygon POS network was launched in May 2020 as part of the project’s effort to scale the Ethereum network. It offers fast transaction finality with a transaction speed of about 65,000 TPS. Transactions on Polygon also costs significantly less.
According to the project’s Whitepaper, Polygon hopes to become the Value Layer of the Internet and usher in a world in which value can be created and exchanged freely and globally, similarly to how we create and exchange information today.
In addition to the POS blockchain, Polygon is also working on other scaling solutions for the Ethereum blockchain systems, including the Polygon Plasma and Polygon zkEVM. The Polygon token powers these solutions. Polygon could reclaim its over $1 per token valuation as these solutions grow in relevance.
Polygon
Live Price $0.454066 | Coin Symbol matic |
Circulating Supply 1920726438.8 | Market Cap $873241378 |
Newly launched metaverse project that is the next hidden gem .Aureal One is comprehensive and offers Metaverse virtual reality opportunities for social interaction, entertainment, and economic activity. It offers a dynamic marketplace, extensive customization, and a platform that enables users to interact and connect with a completely new community. It primarily emphasizes a personalized, immersive experience that allows users to participate in a variety of virtual activities.
This best cheap crypto to buy is an immersive virtual world with many features designed to entice users to purchase land and participate in local governance. The platform provides a large virtual world for social interaction and exploration. This project is intended for people looking for varied earning opportunities in a metaverse setting, community-driven interactions, and immersive storytelling experiences.
Pandana is a promising meme coin set to launch on the Solana blockchain. At the current stage of the ICO event, each token is selling for just $0.0033. The presale phase features a progressive increase in the sale price of the tokens. So far, the project has raised over $670,000. At current the price, Panda could be a solid choice for cryptocurrencies under a 1 cent to invest in 2024.
The project team has shared its roadmap and hopes to build a thriving meme coin project on the Solana network. Pandana is a panda-themed meme coin project. It hopes to challenge the reigning dog and cat narrative and create a strong community as well. Pandana is expected to launch after the presale success.
Tron (TRX) is one to look out for in 2024 and beyond. Despite the side-ways swings in the general market momentum, Tron has maintained an exponential price growth in 2024 and looks set for even more growth. Tron is a layer-1 blockchain network that runs on the Proof of Stake consensus mechanism.
Tron enables developers to deploy applications that interact with assets on its network. Projects in the Tron ecosystem spread across DeFi, NFTs, and GameFi. Over $8 Billion worth of crypto assets are locked on the network. TRX is also used as a payment option in several merchant outlets.
TRON
Live Price $0.242491 | Coin Symbol trx |
Circulating Supply 86175691944.8 | Market Cap $20895522807 |
The main goal of Algorand, decentralized blockchain network, is to boost scalability, efficiency and security. It backs calculations needing dependable performance assurances and strives to establish fresh types of trust. Established by Silvio Micali, Algorand provides faster transactions and reduced fees compared to Bitcoin, utilizing a permissionless pure Proof-of-Stake protocol. By 2030, Algorand plans to have 10 billion ALGO coins circulating, utilizing a consensus algorithm that removes the necessity for mining to safeguard its network.
According to Algorand whitepaper, the platform utilizes Pure Proof-of-Stake (PPoS) for its staking mechanism, requiring only one ALGO token to participate in network security, unlike Ethereum 2.0 which demands 32 ETH. While a low staking requirement may prevent proper behavior, Algorand rewards are shared among all ALGO holders every 10 minutes to incentivize participation and decentralization.
SEI is an EVM-compatible layer-1 blockchain network designed for DeFi applications. Sei implements on-chain DeFi primitives to enable the development of high-performance decentralized finance applications. It also boasts high speed transactions of up to 20,000TPS thanks to its parallelized virtual machine, POS consensus mechanism, and optimistic block processing algorithm.
SEI runs an on-chain Central Limit Order Book (CLOB) which it describes as a more effective asset management algorithm for DeFi compared to the popular AMM (Automated Market Maker). TVL on the SEI network is over $90 million.
Sei
Live Price $0.38562 | Coin Symbol sei |
Circulating Supply 4207777777 | Market Cap $1621535649 |
Kaspa is a decentralized network for P2P transactions built on the Proof of Work (POW) consensus mechanism and implements the GHOSTDAG protocol. It is designed for fast transaction finality and low fees. Kaspa adopts Bitcoin’s economic and administrative structure including fair distribution and community-powered administration. The Kaspa community manages the technological developments and marketing of the project.
Kaspa is one of the best-forming crypto assets in the top 300 ranks and could continue to grow further in 2024. It currently trades below $0.2 per coin.
Kaspa
Live Price $0.115468 | Coin Symbol kas |
Circulating Supply 25498240983.1 | Market Cap $2948901622 |
DogeCoin is easily the best meme coin and leads the meme space. The dog-themed meme coin project has built a reputation for viability and impressive price performance. Since its creation in 2013, it has grown into a top project. DogeCoin sits in the top ten ranks with a value just below $0.2.
It has one of the largest meme coin communities and is hailed for its low fee and high-speed blockchain network, compared to the Bitcoin blockchain. DOGE is also accepted in merchant stores as a payment option and is also used for several charitable purposes.
The dog narrative is an age-long narrative and could continue to be relevant in the long term, making it one of the best cheap crypto to buy now.
Dogecoin
Live Price $0.334783 | Coin Symbol doge |
Circulating Supply 147552746384 | Market Cap $49341220378 |
Stellar is a smart contract blockchain with advanced tooling for the development of mainstream and crypto-native financial markets. Stellar hopes to make decentralized Fintech solutions more flexible and efficient than the mainstream alternatives.
The Smart contract computing system manages encoded financial commands and enables firms to build payment solutions on the blockchain. Stellar launched in 2014 as a more efficient and energy-conserving payment solution, relative to Bitcoin.
Stellar
Live Price $0.42017 | Coin Symbol xlm |
Circulating Supply 30398405308.8 | Market Cap $12771104647 |
Mog is a growing favorite meme coin the Ethereum chain with blockchain utility. Mog was launched in 2023 and has garnered a community of investors and proponents of the meme culture. It adopts the Joycat emoji as its primary brand image.
According to the project, this imagery represents the community virtues of self-confidence and constant growth. MOG has grown into a top crypto project and the community continues to promote the project through social media activities.
Mog Coin
Live Price $1.92E-6 | Coin Symbol mog |
Circulating Supply 3.90567524379E+14 | Market Cap $751180239 |
Cronos is a layer-1 POS network powered by the CRO coin. It aims to develop a network that allows developers to easily deploy highly efficient decentralized applications in the DeFi and blockchain gaming sectors. The Cronos network boasts relatively high speed with low transaction fees.
To boost the network’s performance, Cronos has also launched a Zero-knowledge layer-2 network that uses the Rollup technology to improve transaction speed on its execution layer. The Rollup network submits transaction data to the Cronos L-1 network.
Cronos
Live Price $0.140165 | Coin Symbol cro |
Circulating Supply 27215362196.7 | Market Cap $3813265961 |
One platform in the decentralized finance space designed to connect traditional finance, financial institutions, and DeFi is called Ondo Finance. ONDO is a top RWA crypto that creates opportunities for generating income and makes financial services more accessible.
According to Ondo’s whitepaper, it uses blockchain technology to tokenize real-world assets, giving crypto under $1 investors access to traditional assets. It provides these to its users in the ecosystem of DeFi.
Ondo
Live Price $1.26 | Coin Symbol ondo |
Circulating Supply 1445178270 | Market Cap $1818372554 |
Polygon, Kaspa, and Dogecoin are some promising crypto to invest under $1. These assets have proven their viability over time and are consistently growing in terms of technology. The projects’ roadmaps also contain scheduled developments that could influence the price positively. These projects have also shown strong social media activity and could materialize into more popularity and price growth.
However, while considering crypto projects under $1 that could explode in the future, it is important to understand that projects within this range could also experience increased volatility as value is known to swing more intensely under the $1 level. While these assets could bring multiple returns, ensure to consider known criteria like team dedication, tokenomics, current valuation, and the roadmap.
Cryptocurrencies under $1 are a known attraction for investors. Here are some reasons why you should consider looking out for and investing in cryptocurrencies trading below $1:
It is easier to own a larger amount of assets for less capital when they are still trading under $1. Depending on the price level, investors can purchase several thousand coins or tokens with little investment, especially where this corresponds with the market cap and FDV (Fully Diluted Valuation).
Some projects trading under $1 are in their early stage of development. With their market cap of around a few hundred million or less, they are typical crypto assets under $1 with 100x growth potential. Some of these projects could also be experiencing a pullback from their initial price point of over $1. Investing in such projects places it at an advantage as an early investor.
Crypto assets under $1 with a relatively low market cap and FDV have higher chances of producing better price performance than projects above $1 with a higher market cap. Projects in this category are usually undervalued or in their earliest stage of development and grow considerably well with more adoption and as more investors know about them.
For example, lets look at the chart of DOGE against USDT. In the period of two days between 19 July to 21 July 2024, DOGE went from $0.118 to $0.143. This movement gave investors profits of over 20% in a short span of time. Such huge gains are often possible with cryptocurrencies under $1.
Projects trading under $1 are usually considered to be undervalued cryptos. Investors are psychologically more attracted to these assets as they are affordable and expected to deliver multiples in profit as they climb to $1 and beyond. By investing in a project below $1, you stand a chance of benefiting from this advantage.
Here are some risk factors to consider when searching for crypto under $1 that will explode:
Cryptocurrencies are known for their volatility. However, this could be more intense for assets under $1, especially when they are in their early development stage. While searching for Crypto under $1 with 100x potential, also understand the volatility risk and adjust your investments according to your risk tolerance. Note that the volatility levels could differ, depending on other relevant factors.
While many projects are still below $1, their market cap could also be very high, this is due to their tokenomics. For some of these projects, the sub $1 price level of their native token might be their right valuation or an over-valuation as the case may be.
Using metrics like utility and level of adoption, adjust the current price to estimate the chances of growing significantly in the future. Cryptos with the best tokenomics are often recommended for their reliability.
Here are the primary parameters we considered when selecting the best crypto to invest under $1:
We considered the current market capitalization and the FDV of the projects and adjusted for their potential. We compared the current valuation of the projects to their utility and future developments to understand their chances of growing significantly in the future. We considered the real-world alternatives of these projects and also the valuation of other bigger projects with a similar utility. We adjusted this for other factors particular to the project.
For blue chip projects, we considered their fundamentals, this includes their technology stack, partnerships, and project team as it relates to price development. We considered possible changes in the project’s directions and how the project could change in the future and how each of these affects the valuation. We also considered the relevance of the projects’ sector, like
For meme coins, we considered the narratives primarily and how this could evolve in the future. Other meme coins with more sustainable narratives are more likely to survive over time and reach the $1 level. As part of the general fundamentals, we also considered the tokenomics of each project to understand the supply and distribution and how these could affect the price of the tokens.
Projects in their earliest stage are more likely to experience more price growth as they continue to deliver exciting updates. We considered projects that are either in their early stages such as SUI and SEI and older projects with exciting developments like Matic. Very new projects like KAI also made our list due to their stage of development and strong fundamentals.
Crypto presales are also an opportunity to get into cryptos under $1, before they even launch. Crypto presales allow investors seeking higher risk, but also explosive upside.
We also estimated the current market strength of the project. This includes on-chain data like the number of holders and trading data like trading volume and exchange listing. Projects listed on top exchanges stand higher chances of growing in price. High trading volume is a key indicator of investors’ interest and a primary parameter in our estimation of viability.
If you look at the market data of Tron, it is listed on most major exchanges with good liquidity. This makes Tron a good coin under $1 that’s easy to buy for most investors.
We also reviewed the roadmaps of the featured project to understand the planned developments and what they could mean for the tokens’ price.
Reputable projects like Polygon and SEI are still trading under $1; with strong fundamentals and a dedicated team, they could grow above and even more. Investors understand the psychological advantage of the sub $1 price level and strive to utilize them in their investments. A key advantage is affordability.
At the sub $1 price level, investors can purchase more tokens for less capital and realize more gains when they cross the $1 range. Using our methodology, we have selected and discussed some of the most promising projects trading within this range. Note that our selections are based on mathematical estimations and the list is not exhaustive. Always do your own research.
DogeCoin, MATIC, and Tron are some of the most affordable crypto under $1 with solid fundamentals. You can buy a whole SUI, SEI, and MATIC for just 70 cents. DogeCoin and Tron also trade below $0.2 per coin at the time of writing.
Considering their utility projects like KASPA and SEI are good investments and currently trades below $1 per token. However, while considering these investments, it is important to perform careful research, especially on factors that affect you personally. Also, apply risk management precautions.
Self-custody platforms like decentralized exchanges allow purchases of $1 and less. Centralized exchanges are known to set limits for minimum trade amounts, however, some exchanges also allow trades below $1.
coinpress prepared a review methodology to rate crypto exchanges, tools, and apps. We curated a list of metrics to evaluate crypto platforms based on their services, user experience, security and customer support, payment gateways and charges, pricing and promotions. Visit our Review Methodology page to learn more about how we review each crypto platform.
This content is purely for educational purposes and should not be considered as financial advice. Do your own research before investing in any crypto platform and only invest the amount you can afford to lose.
DAILY NEWSLETTER
Your daily dose of Crypto news, Prices & other updates..