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Cryptocurrencies have become an essential part of modern investment portfolios, offering significant opportunities for high returns.
While major coins like Bitcoin and Ethereum grab most headlines, numerous altcoins cryptocurrencies other than Bitcoin provide tremendous growth potential.
Many of these altcoins are priced under US$1, making them accessible to a broad range of investors. Here is a detailed analysis of the top 10 altcoins under US$1 to consider stacking for future growth.
Price: US$0.39
Market Cap: US$13.86B
Sector: Smart Contract Platform
Cardano is a third-generation blockchain platform focusing on sustainability, scalability, and interoperability.
Developed by one of Ethereum’s co-founders, Charles Hoskinson, Cardano aims to create a more balanced and sustainable ecosystem for cryptocurrencies.
With continuous development and strategic partnerships, ADA presents significant growth potential.
Price: US$0.0000187
Market Cap: US$11.04B
Sector: Currency
Shiba Inu, often dubbed the “Dogecoin Killer,” is an Ethereum-based token that gained popularity due to its strong community and meme culture.
Despite its low price, SHIB has a large market cap and potential for significant appreciation, particularly if it gains wider acceptance and use cases.
Price: US$0.02
Market Cap: US$1.4B
Sector: Supply Chain Management
VeChain is a blockchain platform designed to enhance supply chain and business processes. VeChain is one of the top 10 Altcoins Under US$1. By integrating blockchain with Internet of Things (IoT) technology, VeChain aims to streamline supply chains and improve efficiency.
As industries continue to adopt blockchain for supply chain management, VET stands to benefit substantially.
Price: US$0.007
Market Cap: US$1.2B
Sector: Cloud Computing
Holo is a decentralized cloud computing platform that aims to host peer-to-peer applications on the internet.
By allowing users to host decentralized applications, Holo is positioned to disrupt traditional cloud services. The growing demand for decentralized applications could drive HOT’s value in the future.
Price: US$0.0007
Market Cap: US$659M
Sector: File Sharing
BitTorrent is a peer-to-peer file-sharing protocol that has integrated blockchain technology to enhance its functionality.
BTT tokens are used to incentivize file sharing and improve network speed and efficiency. With millions of active users, BitTorrent’s vast network provides a solid foundation for future growth.
Price: US$0.03
Market Cap: US$306M
Sector: Asset Transfer
Ravencoin is a blockchain designed specifically for the efficient transfer of assets from one party to another. RavenCoin is one of the top 10 Altcoins Under US$1. Its use case includes the creation and transfer of assets like tokens, representing real-world assets such as stocks or commodities. As asset tokenization becomes more prevalent, RVN could see significant appreciation.
Price: US$0.003
Market Cap: US$159M
Sector: Cloud Storage
Siacoin is another open and decentralized platform that is compatible with current providers of central online storage.
Thus, Siacoin makes storage options cheaper and more secure due to the implementation of blockchain technology. Here, it is also stated that the higher number of people dedicate to decentralized storage, the more chances for SC in the future.
Price: US$0.68
Market Cap: US$169M
Sector: Payment Solutions
Pundi X plans to bring disruption to traditional retail stores through the acceptance of cryptocurrencies as a form of payment.
The POS devices by Pundi X enable merchants to accept several forms of cryptocurrencies, which makes the adoption of cryptocurrencies easier. Therefore, it holds a significant upside as cryptocurrency usage in the retail sector continues to rise.
Price: US$0.045
Market Cap: US$540M
Sector: Smart Contract Platform
Zilliqa is a next-generation blockchain for building scalable dapps with efficient throughput. It employs what it calls the sharding technology to enhance transaction velocity and throughput.
As businesses increasingly seek to leverage blockchain for large-scale applications, Zilliqa’s solution sets it up well for the smart contract market.
Price: US$0.22
Market Cap: US$330M
Sector: Digital Advertising
Basic Attention Token wants to solve the digital ad-trough problem and get rid of middlemen by rewarding users for their attention.
Working hand in hand with Brave Browser, BAT grants a smooth process for users to experience to earn tokens while using the browser.
The advertising space remains dynamic and with time may prove to be valuable to BAT by enjoying higher uptake.
Trading altcoins that are priced under US$1 is relatively cheap because it provides insight into new blockchain-based solutions at a low cost.
A pack of these 10 Altcoins Under US$1 operates in different sectors such as smart contacts platforms, supply chain, cloud computing, and digital advertising offering different values and prospects of growth.
Nevertheless, individuals should carry out proper research as embracing this mode of investment comes with some risks as is seen in the cryptocurrency market.
Therefore, investors may direct their funds to these promising altcoins, which can build more value in the blockchain industry.
