The cryptocurrency market is finally gaining traction after a dismal year. Coins such as Bitcoin, Ethereum, and Dogecoin, which are large-scale coins, are at the forefront. But there are other "hidden gems" in the cryptocurrency market that usually trade for under $1. However, there have been instances in the past where such coins have exploded in value. Today we look at seven of these coins that have the potential for massive gains. The list includes some projects that have attracted investor attention in recent days, such as Dash 2 Trade, RobotEra, Calvaria, and IMPT.io.
Here are some of the best cryptocurrencies under $1 that are primed for massive gains.
Let's now take a look at each of these projects one by one.
Dash 2 Trade is one cryptocurrency platform that is making waves in the cryptocurrency market. Its native token, D2T, is the best token with on-chain analysis. Along with a very successful presale, Dash 2 Trade has a wide range of features to back it up. It uses the power of data and analytics to assist traders in making informed trading and investment decisions.
The D2T token powers the ecosystem and is required by users to unlock the full potential and all the functions of the platform. There are three tiers of subscriptions for the Dash 2 Trade platform – free, starter, and premium. As more and more functionalities get used by token holders, the price of D2T is expected to rise by many folds in the coming months.
Dash 2 Trade is coming closer to the first exchange listings since LBANK, BitMart and ChangellyPro confirmed they will list the token after the presale ends. As of now, Dash 2 Trade raised more than $9 million, and it's rallying toward the final goal – $13 million raised and the end of the presale.
RobotEra is a new crypto presale project that has attracted the attention of investors ahead of its 2023 launch. It combines P2E gaming with NFT ownership and metaverse world-building. This opens up several avenues for generating passive income. The main aim of the game is to rebuild a planet called Taro which was destroyed by a cataclysmic event.
Players can either build structures or buy ready-made structures on the open market. They can also charge admission fees for events they host on their structures. To do all this, no previous coding knowledge or experience is required to build on the metaverse land. RobotEra has developed custom in-game editing tools that allow for 3D interaction.
TARO is the native token of the project, which players can stake to generate passive income. The staked tokens can also be used to gain voting rights in the DAO. RobotEra is now on the verge of developing virtual and augmented reality (VR/AR) functionality and hopes to release it by 2023.
Calvaria is another new cryptocurrency project that is making waves thanks to its unique gaming model. It is a P2E cryptocurrency game where players have to build strategic decks of NFT cards and battle against each other. The native token, RIA, is the main driving force behind the ecosystem and is used by players to purchase the Calvaria NFT cards as well as for staking and governance purposes.
Each of the cards featured in the game is an NFT which the players can buy and sell in the peer-to-peer marketplace. Players earn rewards in RIA when they win a battle. RIA can also be used for crypto staking and provides holders with a vote in the Calvaria DAO.
Just like Dash 2 Trade, Calvaria is wrapping up the presale. The token raised more than $2.5 million in the presale, ahead of the first exchange listings.
IMPT.io is one of the new environmentally-focused crypto projects that is making waves in the market at the moment. It is the best blockchain and NFT-based project for purchasing, selling, and retiring carbon credits.
Through the platform, users can buy carbon credits to offset their carbon footprint. IMPT tokens can be converted to carbon credits and used to fund a number of international conservation projects. The project has already partnered with a multitude of brands and has experienced a successful presale despite the bear market.
After it raised $20.5 million in the presale, IMPT was listed on the first exchanges. ChnagellyPro and LBANK listed the coin, and its price exploded by 200% in 24 hours.
The newest listing on CoinGecko was confirmed, and the IMPT team is in talks with other exchanges and plans to list the token on seven exchanges in the upcoming month.
ChiliZ enjoyed the upward pull of investors thanks to the fan token frenzy. It is essentially a digital currency for sports and entertainment, bringing with it a unique function where fans can interact with their favorite sports teams.
ChiliZ has already become popular with European football teams, as evidenced by the fact that both Juventus and AC Milan have produced fan tokens using this project. Fan tokens also provide supporters of clubs and teams with a tokenized share of influence on club decisions.
Hedera Hashgraph is a project that is on the IBM partner list of blockchain projects. It has helped IBM add interoperability for corporate blockchain networks that aim to seek the openness of public networks while retaining the anonymity of permissioned networks. The partnership with IBM has allowed Hedera to consistently deliver important technologies for corporate blockchain sustainability and improvement of capabilities.
Vechain is a blockchain-based supply chain platform that aims to create an ecosystem that solves common issues associated with the management of supply chains all over the world. It works to improve the affordability and efficiency of supply chains.
With an aim to disrupt traditional supply chains and management tools, it is working tirelessly to improve the worldwide supply chain process, giving clients more control. Vechain is a market leader when it comes to the real-world utilization of blockchain technology. It has partnered with H&M, BMW China, and other well-known Fortune 500 companies.
The cryptocurrencies mentioned above are currently very cheap but have the makings of becoming the next big thing in the market. Of these, RobotEra, Dash 2 Trade, IMPT.io, and Calvaria have the highest potential of exploding in value, thanks to their real-world utility, tokenomics, partnerships, and blockchain infrastructure.
If you are looking forward to building a powerful portfolio, then this is the right time to invest in these coins ASAP.
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.