5 Best Cryptos Under $1 to Buy Now – Low Priced Gems For Altcoin Season
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Cryptocurrencies under $1 often perform well due to the psychological perception that investors get more value for money.
While crypto prices are most impacted by market cap rather than price, this cognitive bias is instrumental in the meteoric success of meme coins and lower-priced cryptocurrencies.
Therefore, this article provides the five best cryptos under $1 to buy now. We consider factors like expert opinions, trends and use cases, historical performance, tokenomics, and more.
Our analysis determined Slothana, Polygon, Dogeverse, Pepe, and Hedera as the top sub-$1 cryptos. Let’s take a closer look at each.
SlothanaSlothana is the newest hype on the Solana presale scene, raising over $15 million so far. The project eclipsed the total raises of Book of Meme and Slerf, both of which went on to experience monumental success after launching on exchanges.
Traders can still buy Slothana at presale, but they must be fast because the campaign will end in five days. Following this, Slothana will undergo an IEO, where it could see a similar explosive rise to BOME and SLERF.
Whispers are circulating that the Smog team launched Slothana due to a comment left on the project’s first-ever X post. After launching in February, Smog soared over 100X to a $270 million market cap, setting a bullish outlook for the new sloth-themed meme coin.
Leading industry analysts have rallied behind Slothana, with Savvy Finance saying, “This Solana meme coin could be the next big 100x opportunity.”
PolygonPolygon is a leading Ethereum layer 2 network that has introduced a plethora of new innovations in recent months. It is currently priced at $0.74, making it one of the leading cryptos under $1 by market cap.
MATIC is up 3.4% today and 6.6% this week but down 22% this month and 25% this year. It holds a $7.4 billion market cap and a $239 million 24-hour trading volume.
Polygon was the first Ethereum layer 2 network to launch a zero-knowledge rollup (ZkEVM). This provides secure scalability and is technologically superior to the widely used “optimistic rollup.”
Further exemplifying the project’s commitment to innovation, Polygon is developing a privacy-focused blockchain with parallel transaction execution and client-side proving.
These innovations display the team’s prowess and add to the project’s long-term potential.
What’s more, DeFiLlama data reports that Polygon’s stablecoin holdings have gradually increased recently, and traders could potentially convert these into MATIC in the coming months.
DogeverseDogeverse is a new meme coin that transcends industry norms, launching on the six hottest smart contract-enabled blockchains.
The project is live on Ethereum, Base, Polygon, BSC, and Avalanche and will soon be available on Solana. This multichain approach helps ensure price stability, with Dogeverse independent of any singular blockchain, protecting it from users migrating from one network to another.
Its novel use case also unites the once-differential blockchain communities through one powerful meme coin, encapsulating the positive and light-hearted essence of memetic culture.
Dogeverse ushers in a staking mechanism, rewarding holders while increasing the token’s long-term potential. Currently, the staking mechanism offers a 107% APY, but this will decrease as more tokens are staked.
Further incentivizing early buyers, the Dogeverse price will increase throughout the campaign. The next uptick will occur in one day or when the total raise hits $11.2 million.
PepePepe emerged in the summer of 2023 and has become one of the industry’s largest and most recognizable meme coins.
It has enjoyed notable success recently, pumping 19% today, 48% this week, and 10% this month.
Currently, Pepe holds a $3.3 billion market cap and a $1.6 billion 24-hour trading volume, up 57% today.
The project’s recent wave of excitement follows a listing for perpetual futures trading on Coinbase International Exchange, Coinbase’s institutional-focused arm serving clients outside the United States.
Speculators suggest this could lead to a potential spot listing on the main Coinbase platform, providing widespread accessibility on the world’s leading crypto exchange.
Meanwhile, top analysts have displayed bullish sentiment on Pepe. Bluntz recently noted that “Pepe looks the best” among all meme coins. He highlighted that Pepe has shown strength recently and predicts a “turbo V” recovery toward its all-time high.
HederaHedera is a secure and scalable layer 1 blockchain focusing on real-world asset tokenization.
HBAR has enjoyed tremendous success recently, with its price surging 95% in the past 24 hours. It is also up 117% this week, 64% this month, and 191% this year.
The project holds a $6.2 billion market cap and a $2.2 billion 24-hour trading volume, up 5,259% today.
Its spectacular rise follows an announcement that the world’s largest asset manager, BlackRock, will launch its US Treasury money market fund (MMF) on the blockchain.
The move will enable MMF shares to be tradable on the Hedera network, presenting an unprecedented opportunity for ecosystem adoption.
BlackRock’s MMF collaboration with Hedera is stepping towards a seamless and circular marketplace to trade tokenized assets globally.