Top Cryptocurrency to Invest Under One Dollar
March 8, 2021 (Investorideas.com Newswire) There are plenty of cryptocurrencies that come under one USD. But, which one has the potential for investment? You must have no idea! Cheaper coins are usually more in supply that's why they are famous.
However, not all penny altcoins are authentic. You need to invest in the coins that have the potential to grow in the future. Just like Ether did in the past, it was worth so little back in 2017, but now it is one of the popular altcoins.
Bitcoin being the leading cryptocurrency doesn't offer one dollar investment. You can only do so by depositing some of your money with your friends but it won't give you much profit. The minimum you can invest in Bitcoin is USD 250. To do that, you can try out Bitcoin Mastery. It's a reliable platform that offers an easy yet highly profitable way of trading.
Regardless, the profitable altcoins that offer one dollar investment are shortlisted below. You can choose from them and invest in your one dollar to have profitable results in the future.
- Basic Attention Token - BAT
BAT is economically beneficial and one of the best penny cryptocurrencies in the trading world. The founder of this altcoin is the co-founder of Mozilla and JavaScript's creator. With that, its worth is increasing everyday so investing in this altcoin can be beneficial for you.
The coin is presently rated at $0.28 per token that is 3.4x lesser than its all-time elevation. For that reason, there is room for solid profits. BAT had a big increase last month and there's a great potential for its growth in the near future.
- RavenCoin
RavenCoin is quite similar to Bitcoin. Being a young yet efficient altcoin, it has the potential to grow.
This coin is designed for performing specific purposes such as providing complete ownership to one's assets and help in making direct payments. And, it will surely make it possible shortly.
This coin is completely decentralized and carries full transparency. Such qualities make it identical to Bitcoin and ensure its success. Bruce Fenton who was the Executive Chairman of Bitcoin invented this altcoin and aims to become the best security provider of an altcoin.
The current value of RavenCoin is 0.1623 dollars. You can easily invest in it and expect a profit from it in near future.
- Stellar Lumens (XLM)
Stellar Lumens is a platform that focuses on facilitating its customers by making cross-border payments and remittances.
The biggest advantage of investing in the currency is it allows its users to access low-cost services including remittances, micropayments, mobile branches, and mobile money. Along with that, another impressive feature of this network is Distributed Exchange.
All users can utilize this feature of this platform and exchange their funds for other currencies. The present rate of XLM is 0.4134 dollars and its price may vary in future.
- Zilliqa (ZIL)
This altcoin project formulated in Singapore is a powerful adversary that tackles the problem of scalability. It is one of the trendiest coins of 2018. However, it went unnoticed due to its missed deadlines and other drawbacks.
This network is the first one that brought sharding (partition of data in a database or search engine) to the table as a scalability solution. Another important feature of this network is the Scilla programming language that makes it the best among all cryptocurrencies.
With this sharding feature, this altcoin can stand out in the crowd and other cryptocurrencies can also follow up with them. It will be a huge breakthrough for this network. At present, this altcoin is worth 0.1251 US dollars.
Conclusion:
Cryptocurrency has proved to be the best asset to invest in due to its high volatility. However, some of the top currencies are too expensive for a novice investor. You can think of investing in one of these altcoins as they do have the same potential of growing in the future.
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