4 Cryptocurrencies Under $1 that you should consider having in your Portfolio
The world has started to accept cryptocurrency. The cryptocurrency market is now considered as one of the investment options. At the time of writing this blog, there were 2,529 different cryptocurrencies, and the total market cap was $180,373,999,004 according to the investing.com.
There are a couple of crypto coins apart from the giants — Bitcoin and Ethereum that are inexpensive and worthy of investing in 2019. In this blog, we will be discussing 4 cryptocurrencies under $1 that might have a huge potential to grow in the future and may make you rich if you invest in them today.
Ripple (XRP)
Ripple (XRP) is the cryptocurrency of the Ripple platform, which is a fast and scalable centralized solution for banks and money service providers. At the time of writing this blog, the price of Ripple XRP was $0.349, and its market cap was $14.67 billion.
Ripple was originally designed as a day-to-day payment system to provide frictionless transactions across the globe. Through the Ripple Net — a network of banks and money service businesses, users can easily transfer money globally with the minimum commission.
Potential reasons for future adoption and price rise
- Ripple platform gives its users the ability to create their own token on the RippleNet despite the fact it has its own cryptocurrency — XRP.
- The average transaction time for an international transaction is only 4 second.
PlatonCoin (PLTC)
PlatonCoin is the cryptocurrency of the crypto community — Platon Club. PlatonCoin is an ERC-20 token, powers the Blockchain-based financial ecosystem developed by Platon Finance. Platon Club allows its members to learn about different cryptocurrencies and how to make an investment in the crypto verse. The value of PlatonCoin at the time of writing this blog was $0.198, and its market cap was $267.35K
The Platon Club can be joined by anyone for free, and the registration process requires only an email id. The members of the club also get access to wallet without submitting more details.
Potential reasons for future adoption and price rise
- World’s first Insured cryptocurrency wallet backed by Andrerson
- You can buy a property with PlatonCoin
- Several B2B and B2C partnerships
Stellar (XLM)
Stellar Lumens market cap stands at US$ 1.47 billion, and its value was $0.126 at the time of writing this blog. The main objective of Stellar is to lower the costs of cross-border transactions and speeding up the transaction time. Stellar can also be used to issue tokens via decentralized exchanges (DEXs), ICOs, and host decentralized applications (dapps). It is among the ‘leading’ cost-effective cryptocurrencies to invest in. In terms of market cap, XLM is currently the ninth largest coin in the crypto verse.
Potential reasons for future adoption and price rise
- Stellar and IBM partnership leading to many new projects and initiatives.
- Coinbase is thinking of adding Stellar, which makes Stellar more legitimate and gives more options to trade with other users.
Tierion (TNT)
Tierion was founded in 2015 and utilizes Blockchain to anchor data to prove the timestamp and the integrity of any file, data, or process. Tierion Network Token (TNT) values at $0.022 and its market cap was $5.19M at the time of writing this blog.
TNT is a cost-effective way of securing the network infrastructure. It can also be used for regulatory compliances and IoT data integrity. Anyone can join the Tierion Network; an end user need not buy tokens to become a member.
Potential reasons for future adoption and price rise
- Tierion has partnered with big names like Microsoft and Phillips.
Conclusion
The crypto market is filled with thousands of digital coins that make investing in cryptocurrencies even more complicated. If you are new to crypto verse, it’s better to invest a small amount of funds and study the market well before investing a large amount of funds. For doing so, the above-listed coins can be of great help since they can be bought with a lesser amount of money, and have high growth potential and may make you rich one day. Join the discussion
