Best 4 Cryptos to Buy under $1. Shiba Inu (SHIB), Cardano (ADA), HedgeUp (HDUP), and Pepe (PEPE)

The original cryptocurrency, bitcoin, was designed to be nothing more than a store of value. Since then, blockchain technology has taken off and its use cases are staggering. So, when looking at crypto projects, it's often an apples-and-oranges comparison.

That matters as 2023 gears up to take us out of the crypto winter we've all been laboring under for the past year and a half. As investors line up on the starting blocks, they all have one question on their minds.

Where do I put my money for the best return?

This is a particularly important question for investors with smaller amounts to put into crypto. On that end of the scale, tokens with a price under $1 really stand out. Here are some likely candidates in that category to do well in the near future.

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Shiba Inu (SHIB)

The meme coin, Shiba Inu (SHIB), hasn't been around long but has already amassed a loyal following. Shiba Inu (SHIB) followed in the footsteps of Dogecoin, adopting the meme of the Shiba Inu dog and running with it. That and some celebrity attention were enough to put Shiba Inu (SHIB) on the map.

However, the restless developers at Shiba Inu (SHIB) had some free time on their hands, so they added some utility to the project. Holders of the token can take advantage of an NFT marketplace or the decentralized exchange (DEX), ShibaSwap.

Cardano (ADA)

Since its inception, Cardano (ADA) has taken the long, slow road to success. In that regard, the market downturn that started in December 2021 might have been something of a blessing by giving them time to move the ball down the field.

Cardano (ADA) came out of the desire to be a better Ethereum. Its founder, Charles Hoskinson, was a co-founder of Ethereum but saw the need for improvements early on. Cardano (ADA) was an early adopter of proof-of-stake (PoS) and, like Ethereum, hosts smart contracts and dApps.

Pepe (PEPE)

Pepe (PEPE) is a meme coin based on the popular meme, Pepe (PEPE) the Frog. Like Shiba Inu (SHIB), it gained popularity fast and has a loyal following. Also like Shiba Inu (SHIB), it has more going on behind the scenes than just being a store of value.

Pepe (PEPE)  is deflationary in nature, so it has a mint/burn mechanic to keep the price up. The tokenomics are also specifically designed to encourage staking, thereby reducing the liquidity problem many projects have.

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HedgeUp (HDUP)

The other non-meme coin on this list is HedgeUp (HDUP). Still in its presale, HedgeUp (HDUP) is getting ready to bring the world of alternative investments to crypto. Items like artwork, vintage cars, and diamonds will be available to a broader audience than ever before.

HedgeUp (HDUP) will accomplish this by purchasing the items, then creating NFTs that represent fractional shares in them. So, with the HedgeUp (HDUP) token, an investor will be able to enter this normally exclusive arena for as little as $1.

Apples and oranges

Crypto investors have a lot of choices, even when it comes to what you can get for less than a buck. There are meme coins that combine loyal communities with some utility, and plenty of DeFi products out there. For our money, the strongest bet is the one that combines asset-backed NFTs with the pizzazz that comes with being brand new.

For more information about HedgeUp (HDUP) presale:

• Website: https://hedgeup.io/

• Presale: https://app.hedgeup.io/sign-up

• Telegram: https://t.me/HedgeUpChat

• Twitter: https://twitter.com/HedgeUpOfficial