?>

Less than a Dollar Cryptos to Diversify your Portfolio in 2021

1.6 k views
Less than a Dollar Cryptos to Diversify your Portfolio in 2021

The market price of the most popular crypto projects is over a dollar and is relatively expensive to most investors. Similarly, cryptos are valued under a dollar, where some possess features that make them stand out in the crypto market. 

Here’s a look at the most promising cryptocurrencies costing less than a dollar that you should consider buying in 2021.

Algorand

Algorand is a blockchain protocol whose functions aim at being decentralized, scalable and secure. Since its launch, Algorand has shown an uptrend in its price and is currently at $0.8127 as of June 2021. First, the token was valued at $2.86 during its launch but suffered a bearish run that lowered its price to $0.23 by the end of 2019. 

In 2020, the COVID-19 pandemic took a toll on the price, making it reach an all-time low of $0.12 but later surging to $0.33 at the year’s end. The major reasons backing its expected price increase are future partnerships with initiatives and startups like BridgeTower. Also, its partnerships with other companies will improve its security, accountability, and easy access to its platform. 

Following Algorand’s current price trends, future price predictions are fostered under similar market segments, setting an increase of over 82.7%. In simpler terms, this equals a price of $1.3738 after a year. To be more precise, if you choose to invest $50 now, your yields next year will total about $92. 

As you can see, the best time to invest in ALGO would be before its surge to a dollar price value next year. In five years, its price is expected to reach $22.

IOTA

IOTA is an open-source distribution ledger purposely created for the Internet of Things (IoT). It’s considered more scalable than other blockchain-based distribution ledgers. It stores user transactions on its ledgers by employing direct acyclic graphs. 

One of its primary functions is to promote data sharing through selling data done by business enterprises. It is also blockless, implying that all transactions within the network are free. Currently, IOTA is priced at $0.772 and is set to rise to $2.2 by the end of this year. Moreover, following its steady rise this year after being stuck between $0.05 and $0.6, the network announced its upgrades. 

This included creating a multipurpose use for IOTA, including tokenization and smart contract development. After its announcement, the price surged by 18% and has increased to 345% since then, proving its future price predictions will be positive. The basis of this prediction is that the second phase of IOTA’s Chrysalis project includes other upgrades and enhancements that ensure high security, network speed reliability, and scalability. 

Following the previous influence of its upgrades, IOTA’s price increased to $2.62 in 12 months. IOTA will excite you if you are interested in investing in crypto valued under $1. Here you get to enjoy free transactions, and investors can access business data easily, further promoting data sharing even to growing businesses. 

ICON

ICON is currently at $0.7574, with a market cap of $676.31 million. Thus, it is among the cheapest cryptocurrencies that any crypto enthusiast would consider purchasing in 2021. ICON is an aggregator network and a blockchain protocol used by the DApps

The aggregator chain facilitates interoperability. As such, all blockchain data is aggregated into one layer achieving a web of interconnected networks. In South Korea, ICON is the most popular crypto, and the country’s biggest banks, like Woori Bank, use it. Its ideal partnerships foster its future price prediction with banking institutions, foreign partners, and blockchain companies. 

A foreign partner like Japanese company LINE works with ICON to develop the DApps network through the Unchain project. Also, ICON provides Korea with effective technology to assist the government in creating an operable electronic ID system. Following successful partnerships with governments and other companies like KYOBO, ICON will undoubtedly increase in price. This year, a prediction of about 80% gain is probable, targeting a maximum price of $3 and, at worst, $2.4 by late December. 

Considering its current cheap price, investing in ICON coin would be wise. In addition, future predictions show a potential increase in the asset value, which might be profitable to any enthusiast purchasing the asset this year. 

Dogecoin

Since its launch, Dogecoin has been under the radar, but since Elon Musk’s praises over the coin, its popularity has grown immensely. Thanks to the Dogemaster, the coin’s price and prominence increased, making it the cheapest crypto to invest in. This year alone, its price surged from $0.22 to an all-time high of $0.74 on 8th May. 

Dogecoin’s price is especially volatile since social media mostly influence it. Users from Reddit and even TikTok often attempt to collectively influence an upsurge in its price. For example, following Elon Musk’s tweets since this year, the price has surged by over 1500%. Also, he has recently been joined by billionaire Mark Cuban and other brands such as Snickers.

For example, on 20 April, the hashtags Doge420 and DogeDay trended on Twitter, and users anticipated a positive surge toward the $1 price value. As a result of this social media influence, many companies accept DOGE as payment, including the Dalla Mavericks NBA Team, Post Oak Motor Cars, luxury resort companies, and even airlines such as airBaltic. As a result, the DOGE’s current price is $0.2093, and its highest market capitalization is $27 billion

Since the beginning of 2021, the coin has yielded lucrative returns. Many analysts consider this asset valuable regardless of how ridiculously it started in 2013 as a meme coin. Future predictions estimate the price to reach $0.38 by the end of this year and soring higher to $1 within the next five years.

TRON

TRON is a decentralized blockchain-based platform that bases its primary function on creating a free, global digital content system that facilitates easy and cheaper data sharing. TRON was launched in 2017 by the Tron Foundation, headed by CEO Justin Sun. Its cryptocurrency is Tronix (TRX) and is currently valued at $0.05522 with a market cap of $3.953 billion, according to CoinMarketCap. At the beginning of this year, TRX’s price was valued at $0.02 and steadily rose to $0.061 by mid-February. 

In April, it surged to an all-time high of $0.147. It is much faster than Ethereum, and with the current weakening of Bitcoin’s dominance in the crypto market, Tron has a chance to shine. Although there aren’t any certain future affirmations Tron has made, there are various reasons to be optimistic about its expected price surge. 

The price estimates are set to climb to $0.18 by next year and reach $0.36 in five years. So you can invest in TRX easily since it is affordable, plus you get to enjoy a digital content system that allows you to access important data. 

Stellar

The Lumen (XLM) is the native cryptocurrency for Stellar, which Jed McCaleb created in 2014. For Stellar, transaction validation is done using the federated byzantine agreement (FBA). The major function is to ensure the successful connection between blockchain technology and financial institutions.

As such, it delivers low-cost transactions. Its current market price is valued at $0.2593, and Stellar is one of the best cryptos to buy in 2021 and is also set to rise in coming years. Lumen did not perform as expected in recent years, but admirable performance has been seen at the start of 2021. Its price decently rose and reached its previous all-time high of $0.94. 

The Stellar Development Foundation has driven the price (SDF), launched on 29th January this year, marking its 2021 roadmap. The project’s main focus was to provide transparency with the three strategic pillars of supporting usability, promoting trustworthiness, and developing suitable use cases. After it announced the project, the price surged to a three-year high value in under two weeks. 

Furthermore, Stellar recently announced its integration with the USD coin allowing its users to send USDC tokens. The result of the previous announcement favored the Lumen price positively, and the second one will also. Its price started from $0.0125 and skyrocketed to $0.57 by mid-February. Based on these facts, this year’s price prediction is set to reach $0.77 and even $5 in five years. Its low price makes it a straightforward asset to purchase that will yield you profits soon. 

VeChain

The VeChain Blockchain is a support system for supply chain management using distributed ledger technology. VeChain is currently priced at $0.07723, making it one of the cheapest cryptocurrencies to invest in in 2021. After entering the market in 2018, VeChain remained at a low price of under $0.01 until mid-year 2020. 

This year, it reached its all-time high of $0.25 in April. Further predictions show its price movement upwards towards $0.28 by December after exceeding the $0.3 barrier or even an ATH of $0.4. Considering the current price level, an increase in its purchase will greatly affect the VET investors to earn significant profits. 

Similarly, VeChain’s partnership with companies such as BMW car brand and Walmart China secures its future in the crypto market, ensuring positive future price predictions. In light of this, you can invest in VeChain since its low price, and current price trends bear fruitful expectations that you can benefit from greatly in the future.

Conclusion 

Most cryptocurrencies popularly known all over the globe are decentralized in nature and highly secure. In any case, to make the best investment plan for you as a crypto investor, considering the crypto prices is an essential part of strategy application because of making profits. Regardless, inexpensive cryptocurrencies are the best investments for long-term strategic investments. 

Cryptocurrencies such as Stellar, IOTA, Dogecoin, and the above-listed cryptos have the advantage of being affordable to any individual since their prices are lower than $1. However, their prices are set to increase following specific influences such as foreign and government partnerships, upgrades, and new projects. Moreover, there is a low risk of significant loss, but investors stand a chance to grow their investments, making significant profits. 

Bitcoin coin symbol
Btc
Bitcoin
$62.547
price
red chart
decrease symbol0.84959%
price change
TRADE NOW

Considering the cryptos listed above, it is safe to conclude that these currencies set the best price standards affordable by any crypto enthusiast.

Previous

Anatomy of a Sh*tcoin: A Thorough Guide on Guarding Your Wealth

Next

Interdealer Broker TP ICAP Joins Consortium to Launch Crypto Trading Services

Written by

282 posts

Adam is an outgoing young lad who likes adventures and discovering new things.

VIEW AUTHOR

More author posts

Four Reasons Why National Governments Should Hold Bitcoin in their National Reserves

The dawn of cryptos ushered in what we can term as the next step in the evolution of money. Unlike the tradition of fiat currencies, they offer a financial world that lacks a central authority that controls the money-making process. In addition, transaction costs are comparatively cheaper thanks to its peer-to-peer network system. While the positives are in the open for all to see, cryptos' uptake by governments has been, at best, disheartening. This is because they prefer to stick…

Earliest Cryptocurrencies with DeFi-like Characteristics

Decentralized Finance (DeFi) is the center of these crypto transactions. However, DeFi is an innovative niche that many enthusiasts still need to explore fully. Nevertheless, numerous smaller crypto assets with similar characteristics to DeFi tokens already exist. Binance Chain, PancakeSwap, and Uniswap are examples of DeFi platforms that harbor such investments. However, the others operate on their blockchain networks. What are Some DeFi Characteristics DeFi represents an experimental form of finance that does not depend on central intermediaries like banks,…

Which Altcoins Made The News in H1 of 2021

Altcoins are constantly jostling to make a mark in the crypto world. After Bitcoin and Ethereum, the race to be the third cryptocurrency force keeps heating up yearly. Many strong contenders with different use cases promise more than the big two currently offer. As a result, many are making their mark in a big way, for good and not-so-good reasons, as long as they stand out from meme coins that ride the celebrity popularity wave and crash just as fast…

Has El Salvador’s Bitcoin Legal Tender Stance Impacted the Crypto Adoption?

El Salvador is a country in Central America that borders the Pacific Ocean to the north. It also borders Guatemala to the southeast and Honduras to the southwest. It has recently adopted Bitcoin as its legal tender. BTC is now a lawful means of payment in the country. For some time now, many countries have turned their attention to the "future of finance." This act has triggered numerous reactions worldwide. Also, many countries take sides between backing and condemning crypto adoption.  Why…

How Profitable is Crypto Yield Farming?

At its core, Yield farming, also known as liquidity harvesting, involves the art of lending cryptocurrency. It provides more lucrative returns than any other cryptocurrency or conventional investment. It's a chance for the bold and risk-averse digital holders to win big. The United States Securities and Exchange Commission (SEC) is considering whether to regulate the process. In lending cryptocurrencies, the owner profits when the coin appreciates. Therefore, yield farming is an incentive that stimulates the adoption and growth of cryptocurrencies. Yield farming…

Which CBDC is Likely to Dominate the Global Financial Markets?

In a volatile crypto market, developers found a way to stabilize trade. The solution comes from the invention of stablecoins, which entered the market in 2014. Stablecoins are digital currencies linked to an asset or a currency. Some of the most popular assets include gold and fiat currencies. The promise of CBDC currencies can lead this evolution to the next step. The US Dollar backs the majority of stablecoins circulating the DeFi ecosystem. Therefore, the value fluctuations of digital currency remain at…

Publish your own article

Guest post article. Guaranteed publishing with just a few clicks

START PUBLISHING ADVERTISE WITH US

Browse categories

Explore trending topics in the crypto community right now.

Bitcoin

SEC Greenlights Multiple Bitcoin ETFs, Signaling Major Leap for Cryptocurrency Markets

The U.S. Securities and Exchange Commission (SEC) has made a landmark decision by approving 11 spot bitcoin exchange-traded funds (ETFs). This move represents a significant moment in the cryptocurrency industry, marking a shift towards greater institutional adoption and accessibility for investors. The approved ETFs include products from major firms such as BlackRock’s iShares Bitcoin Trust, Grayscale Bitcoin Trust, ARK 21Shares Bitcoin ETF, Bitwise Bitcoin ETP Trust, WisdomTree Bitcoin Fund, Fidelity Wise Origin Bitcoin Trust, VanEck Bitcoin Trust, Invesco Galaxy Bitcoin…

Bitcoin Should be Banned in the United States: Charlie Munger

Berkshire Hathaway’s vice chairman, Charlie Munger, called for a ban on cryptocurrency in the United States on Monday, similar to the one in China.  In an op-ed published with the Wall Street Journal, Munger argued that Bitcoin isn’t a currency, commodity, or security, but simply a form of gambling “ with a nearly 100% edge for the house. As such, the enactment of a federal law should ban such things from happening. Munger cited the Chinese communist party’s ban on…

Tesla’s BTC Positions Remained Unchanged in Q4 of 2022

According to a new earning report from automotive manufacturer Tesla, the company did not sell any of its BTC holdings in the fourth quarter of 2022. Amid speculations that the company had traded BTC during the testing bears, CEO Elon Musk revealed it was yet holding on to its BTC stash. Tesla Maintains Holdings After Initial Sell-Off In Q2 of 2022, Tesla opted to sell 75% of all its BTC. The car manufacturer received close to $950M in exchange. Notably,…

Here’s When Grayscale Debates the SEC in Court on its Bitcoin Spot ETF

The District of Columbia Court of Appeals has marked a date for when Grayscale and the Securities and Exchange Commission (SEC) may present oral arguments regarding the approval of a Bitcoin spot ETF.  Each side will present its case at 9:30 am ET on March 7, with the SEC arguing against the product, and Grayscale arguing in favor.  Grayscale VS SEC The court date – revealed in a court order filed on Monday according to CNBC – is much earlier…

MORE ARTICLES

Ethereum

Ethereum’s Zhejiang Staking Withdrawal Testnet for Shanghai is Live

At 15:00 UTC on Wednesday, the much-anticipated Zhejiang testnet for staking withdrawal went live on Ethereum’s Beacon chain. Zhejiang will enable the testing of the Ethereum Improvement Proposal (EIP) 4895 which allows for staking withdrawals. This is in preparation for the network’s next major update, the Shanghai hard fork slated to launch sometime in March. Users Can Make Simulated Withdrawals with Zhejiang In a tweet yesterday, DevOps engineer at Ethereum foundation Barnabas Busa gave details about the Zhejiang testnet slated…

Ethereum Devs Disagree Over Technical Tweak as Shanghai Upgrade Nears

Post-merge Ethereum users have been eagerly awaiting the commencement of the network’s next major upgrade, Shanghai. However, after over 3 months of prep time, it appears the Shanghai rollout isn’t going as smoothly as expected. What Exactly is the Shanghai Upgrade? In September last year, the much-publicized Ethereum Merge also known as the Ethereum 2.0 upgrade went live. Ethereum underwent some significant changes as its consensus mechanism transitioned from proof-of-work to a cost-efficient proof-of-stake system.  However, since the Beacon launch…

FTX Hacker Converts 50k Stolen ETH to BTC

Per a report from blockchain analysis firm Chainalysis, the attacker behind the Nov 11 FTX exploit, is converting the stolen ETH to Bitcoin. There were muted fears the seemingly inexperienced perpetrator could dump all its ETH holdings. On Sunday, the attacker dumped 50k ETH on-chain, with ETH's price dipping by almost 7%.  https://twitter.com/chainalysis/status/1594349583416840199?s=20&t=pgvQHeVytI20eKQ1ls9bxw Hacker Moves 50,000 ETH to New Address Over the past week, the perpetrator had been steadily swapping the cryptocurrencies they had carted off for Ether tokens. This…

Censorship Concerns: 51% of Ethereum Blocks Now OFAC Compliant

According to new data, over half of the blocks on the Ethereum network now reportedly comply with the US Treasury OFAC’s standards. This comes roughly a month after the platform’s monumental merge update. Phasing Out Tornado Cash The Office of Foreign Assets Control is the intelligence and enforcement agency of the US  Treasury Department. Indeed, the OFAC administers and enforces US  financial sanctions. A prime example of this is the recent, highly-publicized ban on crypto mixer Tornado Cash.  According to…

MORE ARTICLES

Trading

How to Leverage Arbitrage Opportunities in Crypto Markets

Cryptocurrency arbitrage has become an increasingly popular investment strategy as the crypto market grows and evolves. Arbitrage involves taking advantage of pricing discrepancies between markets or exchanges to profit.  Investors can leverage profit opportunities by understanding cryptocurrency arbitrage while managing associated risks. In this guide, we'll explore cryptocurrency arbitrage and how it works. A Bitcoin-related example will help us illustrate the concepts of this strategy. What is Arbitrage and How Does it Work in Crypto Markets Crypto arbitrage trading is…

The Different Types of Copy Trading in Crypto

Are you interested in trading cryptocurrencies but feel intimidated by the complexity of the process? Copy trading is a great way to get into crypto without needing to be an experienced trader. With copy trading, investors can benefit from the experience and knowledge of more experienced traders, allowing even beginners to succeed. How does copy trading work, and which tips do you need to know to succeed? In this article, we'll explore all aspects of copy trading in crypto. What…

How to Spot an Unsafe Crypto Exchange

Cryptocurrency exchanges have become increasingly popular as they provide a platform for people to buy and sell digital assets. Unfortunately, not all crypto exchanges are safe or reliable.  With the rise of cybercrime and fraud, you must learn to spot an unsafe crypto exchange before investing your money. This guide will help beginners identify and avoid potential risks when selecting a cryptocurrency exchange.  The Role of Crypto Exchanges on the Digital Assets Market Cryptocurrency exchanges play a crucial role in…

What Is Grid Trading in Crypto?

Crypto grid trading has become a popular strategy because of its ability to help traders capitalize on market volatility. Grid trading means you can produce consistent profits by taking advantage of price differences in different markets or time frames. By establishing buy and sell orders at predetermined intervals, you can take advantage of these fluctuations in an automated way. This guide will explore the different aspects of grid trading and provide an overview of its benefits, challenges, and more. Through…

MORE ARTICLES

Tech

Introducing una Messenger: A Paradigm Shift in Blockchain Connectivity

The digital landscape is set for an unprecedented transformation with the introduction of una Messenger, the latest innovation from web3 development powerhouse Wemade. This platform represents an evolution of the "PAPYRUS Messenger," serving as the cornerstone of the ambitious "unagi" initiative, aimed at catalyzing the mass adoption of blockchain technology. The "Unbound Networking & Accelerating Growth Initiative" seeks to bridge the divides between diverse blockchain services and networks, heralding a new era of interconnectedness. A New Frontier in Blockchain Communication…

Bit2Me Champions WEMIX Token in Pioneering European Listing

Bit2Me, Spain's premier virtual asset exchange, has recently broadened the horizons for cryptocurrency enthusiasts by listing WEMIX, the cornerstone token of the WEMIX3.0 blockchain ecosystem. This marks a notable achievement as WEMIX's inaugural venture into the European market, emphasizing the token's role in facilitating a range of blockchain-based activities, from gaming transactions to decentralized finance (DeFi) applications. Launched with the intention to democratize access to WEMIX for the 450 million Spanish speakers around the globe, this strategic move aligns with…

CryptoVirally Expands with Fresh Crypto Marketing Offers and Cointelegraph Upgrades

In an exciting update for the cryptocurrency marketing landscape, CryptoVirally has announced a series of new entries and enhancements to its already comprehensive range of services. These updates, aimed at providing tailored marketing solutions for crypto projects, include new limited-time offers and expanded options for Cointelegraph publications. Limited Offers: A Game-Changer in Crypto Marketing  CryptoVirally's limited offers section presents an enticing opportunity for crypto projects to leverage high-impact marketing services at discounted rates. These offers, available for a limited period,…

Breaking Boundaries in Blockchain: WEMIX’s ‘una Wallet’ Sets New Standard for Multi-Chain Asset Management

The WEMIX Foundation has unveiled 'una Wallet,' a revolutionary digital wallet designed to offer unparalleled convenience and security in managing digital assets across various blockchain networks. The announcement, made on January 17, 2024, signifies a new era in the seamless integration of multiple blockchain protocols, including Arbitrum, Avalanche, BNB Smart Chain, Ethereum, Kroma, Optimism, Polygon, and WEMIX3.0. 'una Wallet' is more than just a digital wallet; it represents the culmination of WEMIX's innovative efforts in the blockchain space. It serves…

MORE ARTICLES