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Cryptos Under 1 cent with potential

Cryptos

August 26, 2020 | 

8288 Views | 

JOHN K MWANIKI | 

Get Into Cryptocurrency Trading Today

Cryptocurrencies have turned out to be one of the best investments in recent times. The coins came into existence a decade ago. They have changed the financial landscape. Some coins like Bitcoin and Ethereum have been so successful. They are almost becoming mainstream. 

The primary concern though is the cost of acquiring the coins. The primary way to acquire them is through mining or buying. Mining is a reserve for the few who have special machines. Purchasing is also off-limits to most people. With Bitcoin trading at around $10k, not many can afford it. 

That is not to say the crypto world is off-limits for everyone. There are over 2,500 crypto coins to choose from. While some are established, others are still gaining ground. The best way to invest is buying when cheap, then gain as the coins increase in value

Here are some of the cryptos under 1 cent with potential to consider;

Cardano (ADA)

Cardano is all about creating a better world for all. It is a proof-of-stake blockchain platform developed through advanced evidence-based methods. Cardano takes pride as one of the most advanced systems with superior features. It ensures security for decentralized applications, societies, and systems. 

ADA currently trades at $0.122491, an increase of more than 85% within ten days. It has been trading at some of the lowest levels of $0.07 in the prior periods. The growth has seen it become the 6th largest coin based on market cap. 

One of the reasons for the improvement is the planned Shelley upgrade. The system is likely to attract more users due to the revamped reward system. It also looks to increase its decentralization. The growth of the decentralized finances has also seen the coin improve. Right now, it would be the best time to take up the coin. 

Tron (TRX)

Anyone who wants a substitute for Ethereum without the cost shouldn't worry. Tron has established itself as the best-placed alternative. It launched in 2017 on the ERC token on top of Ethereum before moving to its blockchain in 2018. It has since then grown and created more products. 

Tron has one of the most vibrant marketing tactics among the cryptos. It uses influencers and other groundbreaking inceptions to attract users. That shows its appetite for growth. It has also acquired BitTorrent as a show of its leading decentralization role. 

Currently trading at $0.024591, the coin has more potential for growth. It offers a reliable platform for decentralized applications. 

Stellar Lumen (XLM) 

Stellar Lumen is the answer to all the payment transfer issues in the world. The coin employs high-level expertise and uniqueness to approach payment transfer. 

Its open-source blockchain system connects various financial institutions. It also ensures these transactions are some of the cheapest. 

Stellar uses a federated byzantine agreement algorithm to validate transactions. It does not require the approval of any kind from miners hence faster transactions. 

Lumen is valued at $0.101257 at the time of writing. Still, it has more potential. As the future of payment transfer, it looks to gain more users. Instead of replacing, it integrates the existing financial system. 

It supports several fiat currencies and also transfers other cryptocurrencies. Most of the central banks and other financial institutions are willing to use it. 

QuantStamp (QSP)

While the crypto world has been growing in recent times, security is still a concern. Cases of market volatility come with congestion and insufficient network parameters. Such factors force the operators to looks for stabilizing means. So far, QuantStamp has turned out to be the most reliable blockchain security. 

The crypto is a leader in blockchain security. It provides detailed security audits and solutions for the various crypto. It secures some of the world's top enterprises like World Economic Forum, and eToro. Other cryptos like Chainlink and Ethereum 2.0 also rely on it for security. 

QuantStamp is currently valued at $0.036419. However, it has more potential in the future. The more the crypto world opens, the much security it needs. It also attracts validators by allowing them to earn QSP when they work on the system. 

Pundi X (NPXS)

Pundi X understands the role of blockchain in financial transactions. It seeks to make it accessible to everyone. It provides a blockchain platform to power the ever-growing decentralized finances. It ensures the free flow of assets among different blockchains. 

The crypto is currently valued at $0.00020118. With growing blockchain technology, the coin is likely to grow. It has been on expansion as it looks to be available for global users. It has a presence in all the world's major markets. Some of the critical markets are Brazil, Singapore, Nigeria, and Indonesia. 

Pundi X also partners with other financial solutions for faster transactions. The latest partnership is with Equibytes. Integrating the Bitcoin ATM operator ensures access and faster transactions. 

NEM

The New Economy Movement is all about powering the smart asset system. The coin was launched in 2015.  It works with a proof-of-importance. The POI depends on the amount of XEM in the wallet and the transactions. 

The NEM blockchain supports other blockchain platforms. It seeks to ensure success for the whole ecosystem. The coin is currently valued at $0.095641 with space for more gains. The coin has been on an upward scale in recent times. This is in line with the growth of the DeFi.

Bottom Line 

Even though crypto might sound strange, it shouldn't be. The different coins mean one can get a coin based on their needs. These low priced valuable also means one doesn't have to sacrifice on quality. These cryptos are below 1 cent yet have great potential. Taking them up earlier comes with more future returns. No sensible trader would miss out.

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COMMENTS (1)

batholomew brown  batholomew brown . I’m a bitcoin trader and the time I’m writing this blog I can’t find a single review about many bitcoin trading signal services and companies. I have lost lots of money testing them for over an year. I don’t want you to be scammed too.   3 years ago from Canada

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