Investors on the hunt for good opportunities are always looking for a cheap cryptocurrency to buy today that has excellent potential for a major rise in value in the foreseeable future.
The problem is that the majority of cryptocurrencies start with the lowest price. Combing through such a large base of potential investments takes a lot of time and energy.
This is why we narrowed down the search to the best cheap cryptocurrencies you should know about in 2022. All of these projects are true gems expected to bring some true value while they develop their real potential.
Here is an overview of our top eight best cheap cryptocurrencies to follow in 2022, with the main reasons why they are chosen.
1. Tamadoge (TAMA) – Best New Cheap Cryptocurrency;
2. Battle Infinity (IBAT) – Overall Best Cheap Cryptocurrency with Excellent Potential;
3. Lucky Block (LBLOCK) – The Best Cheap Cryptocurrency in the NFT Competitions Niche;
4. DeFi Coin (DEFC) – The Best Cheap Crypto for DeFi and Staking;
5. Decentraland (MANA) – The Lowest Price Cryptocurrency with Big Rise Potential;
6. Ren (REN) – Most Promising Cheap Cryptocurrency;
7. Chiliz (CLZ) – Best Cheap Crypto in the Entertainment Niche;
8. Cardano (ADA) – The Best Cheap Energy Efficient Cryptocurrency.
Tamadoge (TAMA) is the best new cheap cryptocurrency that is expected to be huge with the fans of NFT collectibles. In the sea of dog-themed games and collectibles, Tamadoge is taking a proven recipe and using it to instantly build a recognizable brand.
Launched in July 2022, this project is creating a dog-themed NFT world where users create, breed, and care for pet dogs called Tamadoge. This new augmented reality world called Tamaverse will give the user the experience of walking their Tamadoge NFTs in real life and even the possibility to post social media content with their NFT pets.
A grown Tamadoge can battle other players' pets to gain Dogepoints. Users with the highest score will claim their prize at the end of each month, which will be collected from the monthly Dogepool. Users will also be rewarded for the time they spend with their Tamadoge pet with coins.
Tamadoge smartly leverages the brand recognition of Doge to produce a 100x growth opportunity. At the same time Tamadoge's meme coin TAMA is the best new cheap cryptocurrency.
TAMA is available in presales for $0.01 and can be bought with ETH or USDT using Metamask or Trust Wallet. There is no minimum or maximum investment amount, but the recommended minimum purchase is $150. You can also buy TAMA with fiat currency on the Tamadoge official website.
The Tamadoge project has been smart contract audited by Solid Proof and supported by more than 27,000 collective followers on Twitter and Telegram.
Beta presale of this token started on 25th July 2022. The Beta presale should end on 2nd September, and the general presale – following the presale- will end in Q4 2022.
Everyone interested can buy TAMA with ETH or USDT, and there is no minimum amount of money required for the purchase. However, the Tamadoge team advised everyone who wants to buy the tokens to make the purchase of a minimum of $150 worth of ETH or USDT.
The price is $0.01 for 1 TAMA or $100 for 10,000 TAMA.
Here is a short guide on how to buy TAMA tokens:
Battle Infinity (IBAT) is the overall best cheap cryptocurrency with excellent potential. This is a metaverse-centered crypto ecosystem referred to as the next Axie Infinity.
Battle Infinity brings a decentralized gaming play-2-earn (P2E) experience set in a virtual world called 'The Battle Arena'. The game platform has six distinct products all connected to give a full crypto metaverse experience:
Battle Infinity originated from India, a land famous for its rich contribution to cryptocurrency development and huge fantasy sports projects.
Battle Infinity is planning to make cricket, based on the Indian Premier League, one of the first sports available on the platform. This is planned in phase 7, and the project is currently at phase 3 on its roadmap.
Battle Infinity's native token IBAT is available at a presale price of $0.0015, which makes it the overall best cheap cryptocurrency with excellent potential. The price of 1BNB gets you 166,666 IBAT, with the minimum investment amounts set at 0.1 BNB and a maximum of 500 BNB.
Battle Infinity is approved by Solid Proof and KYC-verified on Coinsniper and the project has more than 25 thousand cumulative supporters on social networks.
The process is slightly different from buying other cryptocurrencies. Finally, the pre-sale is handled directly by the publisher, on the pre-sale platform specially created for this purpose . Experience has shown that with the following steps you have IBAT tokens in your wallet in less than 10 minutes .
First, the crypto investors visit the Battle Infinity pre-sale page. Here the crucial windows open immediately.
The IBAT Coin is designed as a BEP-20 token and runs on the Binance Smart Chain. This means that one must own Binance Coin in order to buy IBAT. If you have this in your wallet, you can proceed directly. On the other hand, one should first buy BNB – for example via the online broker eToro, which does not charge any commission and allows a crypto purchase in less than 10 minutes.
The next step is to connect the wallet to Battle Infinity. This is possible with the Metamask Wallet or the Walletconnect function. It is important that the corresponding wallets have been switched to the Binance Smart Chain.
Now select the desired amount of IBAT. You can see directly how many Binance Coins are required. For example, if you want 250,000 IBAT tokens, you have to invest around 1.5 BNB. One last click on "Buy IBAT" and the purchase is complete.
Lucky Block is a known and successful NFT competition platform, where players enter generous competitions by purchasing Lucky Block NFTs. And not just that. Lucky Block NFT holders earn rewards for as long as they are holding these NFTs.
Lucky Block NFT holders receive daily rewards equal to 1% of the profit pool of the competitions. And even after competitions end, NFT owners continue to earn rewards.
Each Lucky Block NFT collection has its designated Lucky Block NFT competition. When the NFT collection sells out, an eligible winner will be given a prize like no other – a million-dollar house, a million dollars in Bitcoin, or a Lamborghini.
Lucky Block runs a weekly main draw and a weekly NFT draw every Friday. The main prize draw pays out a prize of up to $50,000, paid in the project's native cryptocurrency LBLOCK. Each LBLOCK holder that has a holding valued at $500 24 hours before the jackpot draw can claim one free ticket.
LBLOCK is currently priced at around $ 0.0017 as of writing and can be bought on the NFT Launchpad. But don't let the lower price of this excellent cryptocurrency confuse you. Lucky Block is one of the most valuable new projects we have seen so far.
DeFi Coin (DEFC) is the native token to the DeFi Swap (DEX), a well-established decentralized exchange that offers swaps, staking, and yield farming.
DeFi Swap's native token DEFC gives one of the best interest rates for staking coins amongst DeFi coins. A 10% tax is collected with each DeFi Coin transaction, out of which half is given as a reward to DEFC holders while the other half goes to liquidity pools.
The current price of DeFi Coin is around $0.11 per DEFC as of writing, which is around 80% below the coin's all-time high. Since this coin is connected to the development of DeFi Swap, DeFi Coin's price is expected to rise with every new milestone this project achieves. This is why DeFi Coin is put amongst cheap cryptocurrencies expected to rise in value.
Decentraland is the virtual reality game set on the Ethereum blockchain where users can buy virtual land on which they can build virtual mansions. In Decentraland you can buy virtual goods and services and live a new life in this parallel universe set in the metaverse.
Some of these virtual plots of land were reportedly sold for millions of dollars, giving the general audience just a glimpse of this project's real potential. Decetraland's native token MANA is still a cryptocurrency with the lowest price, staying below $1 per MANA. But this trend won't continue for long, since MANA is close to breaking the $1 barrier.
MANA is currently priced at around $0.97 per MANA as of writing, which is around 83.60% below the all-time high.
Recently Versus Entertainment partnered up with Decentraland to develop NFTs for an upcoming film about the Ethereum founder Vitalik Buterin. These NFTs would have a purpose in the Decentraland's universe. It's no wonder Decentraland is ranked #61 in most mentions and activity from collected posts on Twitter, according to Coinbase.
Ren (REN) is an open protocol Ethereum token that enables cryptos to be transferred across blockchains.
The project was launched in 2017 by IT professionals and crypto enthusiasts looking for transaction freedom and more secure, faster, and better-protected payments.
REN currently can be bought for around $0.14 per REN, which is around 92% below the all-time high. This price and its good position in the crypto universe set REN amongst cheap cryptocurrencies that are expected to rise in value.
Chiliz is the native currency of Socios.com, a platform for sports entertainment and user engagement where users show support for professional sports teams by buying tokens which also work as voting rights. The holders of tokens can make small decisions that influence their supported team, like choosing the design of sportswear the team uses.
The project depends on partnerships with sports organizations and clubs. With every new contract signed the price of CLZ is expected to go up. This is why Chiliz is the best cryptocurrency with the lowest price expected to soon rise in value.
The current price of Chiliz is around $0.14 per CHZ, which is about 84% below the token's all-time high of $0.89.
Cardano (ADA) is one of the fastest low-energy blockchains that is fully decentralized and peer-reviewed from its very start.
Cardano was built in collaboration with a non-profit and Charles Hoskinson, the co-founder of Ethereum. The project's native token ADA was named after 19th-century mathematician Ada Lovelace.
Cardano is amongst the top 10 largest cryptocurrencies in the world, with a market cap exceeding $17 billion. It is also ranked #17 on the list of the most mentioned on Twitter and Reddit, according to Coinbase.
The current price is around $0.51 per ADA, as of writing, which is about 83% below the all-time high of $3.10. These prices fluctuate and tend to rise with every new project developed on this new blockchain that is gaining more supporters every day. This makes Cardano (ADA) one of the best cryptocurrencies with the lowest price that you can buy today.
We gave you a list of the best cheap cryptocurrencies that have excellent potential for a major rise in value in the near future. This list contains some of the toughest coins on the market – from Metaverse-centered to innovation-driven coins in the center of projects that are tackling the problem of energy consumption.
The overall best cheap cryptocurrency with excellent potential we recommend is Battle Infinity (IBAT). This is a metaverse-centered crypto ecosystem referred to as the next Axie Infinity.
Battle Infinity brings not only the immersive experience of P2E games set in their own virtual reality but an entire complex ecosystem built around the games that include infrastructure like a decentralized exchange, an NFT marketplace, a social interactions platform, and more.
We also recommend Tamadoge (TAMA) as the best new cheap cryptocurrency that is going to be big with fans of NFT collectibles. TAMA is not just a meme coin but there is a whole metaverse being built around this pet-centered game that already has a solid fan base that stands behind Tamadoge as the best new cheap crypto to buy.
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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.