10 Affordable Crypto Coins for Indian Investors in 2024

10 affordable crypto coins for Indian investors that offer various benefits and features

Are you an Indian investor looking to explore the world of cryptocurrencies? Look no further! In this guide, we present you with a curated list of 10 affordable crypto coins that hold promising potential for the year 2024. As the crypto market endures to evolve, we understand the importance of finding affordable options that can yield significant returns. Whether you are a beginner or an experienced investor, this list will provide you with valuable insights into the coins that have caught the attention of experts and enthusiasts alike.

1. TRON (TRX/INR):

Price: ₹8.29

Rank 11

TRON is a blockchain platform that proposes to create a decentralized internet and a global digital content ecosystem. TRON supports smart contracts, decentralized applications, and various protocols for content creation, distribution, and consumption. TRON also has its own native token, TRX, which is used for transactions, governance, and rewards on the network

2. Dogecoin (DOGE/INR)

Price: ₹6.14

Rank 10.

Dogecoin is a cryptocurrency that was created built on the meme of a Shiba Inu dog. However, Dogecoin gained popularity and a loyal fan base, thanks to its humorous and friendly image, its low price, and its fast and cheap transactions. Dogecoin is often used for tipping, donating, and supporting social causes online

3. Stellar (XLM/INR):

Price: ₹10.22

Rank 25.

Stellar is a blockchain network that enables fast and low-cost cross-border payments, remittances, and asset exchanges. Stellar uses a consensus mechanism called the Stellar Consensus Protocol, which does not rely on mining or proof-of-work, but rather on a network of trusted nodes. Stellar also has its own native token, XLM, which is used for transactions and fees on the network

4. Polygon (MATIC/INR):

Price: ₹70.40

Rank 13.

Polygon is a framework that allows developers to create and connect scalable and interoperable blockchain networks. Polygon aims to solve the challenges of scalability, security, and user experience on Ethereum, by providing various solutions such as plasma, zk-rollups, optimistic rollups, and sidechains. Polygon also has its own built-in token, MATIC, which is used for transactions, governance, and staking on the network.

5. Cardano (ADA/INR):

Price: ₹30.75

Rank 9.

Cardano is a blockchain platform that aims to deliver a more sustainable, scalable, and secure decentralized network. Cardano practices a proof-of-stake consensus tool called Ouroboros, which claims to be more energy-efficient and secure than proof-of-work. Cardano also has its own native token, ADA, which is used for transactions, smart contracts, and governance on the network.

6. Chainlink (LINK/INR):

Price: ₹1,209.51

Rank 12.

Chainlink is a decentralized oracle network that joins smart contracts to real-world data, events, and services. Chainlink enables smart contracts to access reliable and verifiable information from various sources, such as market prices, weather data, sports scores, and random numbers. Chainlink also has its own native token, LINK, which is used for payments, incentives, and staking on the network.

7. Uniswap (UNI/INR):

Price: ₹430.90

Rank 22.

Uniswap is a decentralized exchange protocol that agrees users to swap any ERC-20 tokens without intermediaries, fees, or KYC. Uniswap uses an automated market maker model, which relies on liquidity pools and mathematical formulas to determine the exchange rates and slippage. Uniswap also has its own native token, UNI, which is used for governance and rewards on the protocol.

8. Avalanche (AVAX/INR):

Price: ₹1,102.07

Rank 21.

Avalanche is a blockchain platform that supports multiple interoperable and customizable networks. Avalanche claims to offer high scalability, low latency, and high security, by using a novel consensus mechanism called the Avalanche Consensus Protocol, which combines the aids of both classical and Nakamoto consensus. Avalanche likewise has its own native token, AVAX, which is used for transactions, fees, and staking on the platform.

9. Shiba Inu (SHIB/INR):

Price: ₹0.00069102

Rank 19.

Shiba Inu is a cryptocurrency that was encouraged by Dogecoin and the Shiba Inu dog breed. Shiba Inu purposes to be a fun and friendly token that can be used for various purposes, such as memes, art, charity, and community building. Shiba Inu also has its own decentralized exchange, called ShibaSwap, where users can swap, stake, and farm SHIB and other tokens.

10. Toncoin (TON/INR):

Price: ₹203.92

Rank 18.

Toncoin is a cryptocurrency that is based on the Telegram Open Network, a blockchain project that was initiated by the popular messaging app Telegram. Toncoin aims to provide a fast, secure, and scalable platform for decentralized applications, smart contracts, and value transfer. Toncoin also has its own native token, TON, which is used for transactions, fees, and governance on the network.