Cash does not have to stop you from trading cryptocurrency. You can start your crypto investment journey no matter how much you earn. All you need is a few cents.
If you have some cash to spare, consider these top 10 cheapest cryptocurrencies you can buy right now.
1. VeChain (VET)
The price of VeChain (VET) as of December 28, 2021, is $0.09. Imagine what you can do with just $100. VeChain can be used in finance, as well as other areas.
VeChain enables businesses to collaborate digitally to facilitate data transfer and supply chain management. VeChain is used by companies such as LVMH, ND Walmart, and BMW. It uses the proof-ofauthority mining model. It has a limited supply of 86.7 billion VET tokens.
VeChain is ranked 32nd with a market cap of $6b; having such a low cap means it is still bound to grow. It hit an all-time record of $0. 28 in April 2021.
2. Dogecoin (DOGE)
With the buzz around the Dogecoin (DOGE), it is still very cheap to invest in. Dogecoin cost $0. 18 as of December 28, 2021. It is ranked 12th with a market cap of $24b. It is predicted that DOGE might hit the $1 mark by mid-2022, so there’s so much potential for gain.
Tesla’s boss, Elon Musk, announced his support for this token and expressed his desire to work with developers. Its price was raised to $0. 73 in May 2021. It is still a cryptocurrency, although there are concerns about its limited supply. However, it can still be traded and used as a store of value.
A total supply of 100 billion DOGE was released at the time of launch. However, the inflationary status of the DOGE has meant that over 5 billion DOGE have been released each year since then.
3. Cardano (ADA)
Cardano’s price is still quite affordable, especially considering its future prospects. Its price as of December 28, 2021, is $1.51. It is ranked 6th with a market cap of $48.4b. It has a total supply of 45 billion, with 32.1 billion currently available. In September 2021, it reached an all-time high of $3.09.
Cardano, developed by Jeremy Wood and Charles Hoskinson in 2017, is a third-generation blockchain. It is the first protocol that uses Ouroboros, a proof of stake algorithm. It is designed to be flexible, secure, scalable, efficient, and energy-efficient. Additionally, it happens to be one the most promising and cost-effective cryptocurrencies currently available.
4. Decentraland (MANA)
Decentraland’s price as of December 28, 2021, is $3.67. It is ranked 42 with a $4.8b market cap. The total supply is 2.2 billion, with 1.3 billion in circulation.
Decentraland was the first platform that is completely owned by its users. It is a 3D-world. It has been in development since 2017 by the Decentraland Foundation, founded by Esteban Ordano and Ariel Meilich. However, it was made public in January 2020. Decentraland, a virtual world built on the Ethereum blockchain, is called a metaverse. It is currently one of the most affordable cryptocurrencies that you can invest in.
5. Polygon (MATIC)
The price of MATIC as of December 28, 2021, is $2.65. It is ranked 14 and has a market cap of $18.2b. Out of the 10 billion set for total supply, 6.9 billion is already in the market. It hit an all-time record of $2. 92 on December 27, 2021.
Polygon was formerly known as the Matic Network when it was created in 2017 in India. But it was rebranded as Polygon in February 2021. It is a layer-2 protocol for blockchain that was created to add on layer to the Ethereum blockchain. It was created to increase its size, efficiency and security.
6. Polkadot (DOT)
Polkadot allows users to create and manage their own blockchain. As of December 28, 2021, the price of DOT is $29.40. The total supply is 1.1 billion. It peaked at $54. 98 in November 2021. It is currently ranked 10th with a market cap of $31.4b.
This is a “blockchain made up of blockchains”. It was created to solve the blockchain dilemma of security, scalability and decentralization. There are two types of blockchain structures: parachain (user-blockchain which uses the main network’s resources) and relay chain (main network where transactions are processed).
7. Chainlink (LINK)
Chainlink, an oracle framework that makes data and information from non-blockchain sources accessible to smart contracts, is $33. LINK’s price as of December 28, 2021, is $22. 19, and it is ranked 19th with a market cap of $10.3b. 467 million of the 1 billion total supply is currently being circulated. It reached an all-time high of $52. 70 in May 2021.
8. Fantom (FTM)
The price of FTM as of December 28, 2021, is $2.27. In October 2021, it peaked at $3.46. It currently has 2.5 billion in stock. It is ranked 33rd and has a market cap of $5.79b.
It’s a blockchain that can be used to create digital assets and dApps. It is a high-performance modular, secure, open-source, eco-friendly, smart contract network that is scalable, flexible, secure, scalable, scalable, secure and open. This blockchain’s consensus mechanism is composed of Asynchronous Byzantine Fail Tolerant (aBFT), Proof-of-Stake, or (PoS) and is known as Lachesis. It also has Fantom Virtual Machine to develop dApps, just like Ethereum. FTM is the native token. Asides from being a mainnet coin, it is available as an ERC-20 token and a BEP-2 token.
9. Shiba Inu (SHIB)
The price of SHIB as of December 28, 2021, is $0.00003562. It rose to $0. 00008616 It rose to $0.01 when Elon Musk posted a Floki (a Shiba Inu dog) on Twitter. It is currently ranked 19th with a market cap of $19.7b. It has a total supply in 100000 trillion, while 549149.6billion is currently in circulation.
Shiba Inu, a meme coin associated to the Japanese Shiba Inu breed of dog. It is an Ethereum-based token. Three tokens make up the Shiba Inu ecosystem: SHIB LEASH and BONE. The ecosystem also includes platforms such as ShibaSwap and Shiba Inu Incubator. It is limited in its use, but it is very affordable and could make great returns if it’s price rises in the near future.
10. The Sandbox (SAND)
The price of SAND as of December 28, 2021, is $6.07. Out of the 3 billion total supply, 919.5 million us currently in circulation. In November 2021, it reached an all-time high of $8.40. It has a market cap of $5.6b and is ranked 35th.
The Sandbox is an Ethereum-based play-to-earn metaverse. VoxEdit allows users to create and animate 3D objects, and the Sandbox Marketplace allows assets to be traded and published. Game Maker is an application that allows users create 3D games free of charge. The ecosystem is powered by an ERC-20 token- SAND. It can be used to trade ASSETS and play games, purchase LANDS, create avatars, and buy LANDS. It can also be used as a governance token on the Sandbox DAO.
Before you purchase any of these coins, make sure you have enough cash. Cryptocurrency is a risky investment. It is possible to make as much from crypto as you lose. Before buying any coins, do your research.
Mint-free OKX Football Cup NFTs for group stage games enter the second round
The second round of group-stage games at the FIFA World Cup 2022 began today. Users can still mint free OKX Football Cup NFTs until the FIFA 2022 Group stage ends Get a chance to redeem stakes and collect rewards by December 20. FIFA World Cup group stage games enter the second round The second round…
- The second round of group-stage games at the FIFA World Cup 2022 began today.
Users can still mint free OKX Football Cup NFTs until the FIFA 2022 Group stage ends
Get a chance to redeem stakes and collect rewards by December 20.
FIFA World Cup group stage games enter the second round
The second round of the group stage games for the FIFA World Cup in Qatar is underway. There were some big upsets in the first round, with Saudi Arabia winning against Argentina and Germany losing against Japan.
The second round of games started today and the chances for the host nation to qualify for the knockout round are virtually nonexistent.
You have the chance to get OKX Football NFTs for free as the world cup continues. A week ago, crypto exchange OKX announced the launch of its NFT Football Cup.
The OKX Football Cup is part of the crypto exchange’s ‘The OKX Football Festival,’ and it is giving millions of fans around the world the opportunity to earn from a great prize pool.
With this competition, users can mint free NFTs of their preferred teams and use the NFTs to predict matches and stand a chance to win huge prizes.
NFT minting will end after the group stages
The free minting of the NFTs began on November 21st and will end on December 3rd. All users can participate in minting as long as there are group stages. Users must stake 0.01 for each mint. 01 ETH. You can create up to three teams prior to the group stage. With the first round of games producing some shocking results, you can look at the tables so far and partake in the OKX Football Cup.
Each match offers a fixed prize pool of 20,000 USDT. OKX revealed that it adds 10 USDT for every NFT minted, thus, growing the prize pool.
As an NFT owner, you will earn a share of the $20k in USDT if your team wins a match. However, when the teams draw, each side will share $10,000 in USDT
Participants will also have the option of redeeming their full stakes at the completion of the OKX Football Cup.
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BNB recovers above a critical level. Do we need to wait for another bullish push?
Binance token rose by 17% on Wednesday. The crypto exchange has announced the sale of HOOK tokens on Binance Launchpad. BNB eyes $330 next and is a buy on a retracement As Binance coin (BNB/USD) slipped below $266, it signalled the start of a bearish market. Since July, BNB has maintained the level and any…
Binance token rose by 17% on Wednesday.
The crypto exchange has announced the sale of HOOK tokens on Binance Launchpad.
BNB eyes $330 next and is a buy on a retracement
As Binance coin (BNB/USD) slipped below $266, it signalled the start of a bearish market. Since July, BNB has maintained the level and any decline below could have given bears complete control. However, it is now not the case as BNB trades at $295, well above the crucial level. It is possible that cryptocurrency may be heading for the next level. What happened then?
The gains in BNB happened after November 23 cryptocurrency news. BNB’s price rose by 17% on the day after the exchange announced the Hooked Protocol (HOOK) token sale on Binance Launchpad. This is the 29th project launching on Binance Launchpad.
According to the announcement, the token sale will occur through a lottery and conclude on December 1. 25 million HOOK coins have been allocated to the launchpad, equivalent to 5% of the total supply.
This latest development comes as Binance continues to reassure users following the collapse of FTX. Binance announced Thursday that it would contribute $1 billion to help protect crypto-related firms. Binance has committed to increasing this amount if necessary and will look to include traditional financial institutions. This fund is the result of a series of measures that are designed to ensure users have sufficient reserves in case of a crypto confidence crisis.
BNB price action as token hits a 2-week high
BNB rose from a low of around $250 to a 2-week high of $303. The $266 has been re-established as the immediate support for the cryptocurrency.
A bullish MACD crossover was initiated after the bullish push. The RSI also moved above its midpoint, which suggests that BNB has attracted a lot more buyers since the breakout. The cryptocurrency is consolidating ahead the next move.
Should you buy BNB now?
Buyers may not be done with BNB, with the area around $330 and $360 as the next target. However, if intending to buy BNB, wait for some correction to snap it lower. This consolidation could lead to a correction before the next bullish leg.
Where to buy BNB
eToro offers a wide range of cryptos, such as Bitcoin, XRP and others, alongside crypto/fiat and crypto/crypto pairs. eToro users have the ability to connect with, learn, copy, or get copied from other users.
Binance is one of the largest cryptocurrency exchanges in the world. It is better suited to more experienced investors and it offers a large number of cryptocurrencies to choose from, at over 600.
Binance is known for its low trading fees and multiple trading options. These include margin trading, peer-to-peer, spot trading, and margin trading.
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Bitcoin Mining Pool Btc.com Suffers $3 Million Cyberattack
A major cryptocurrency mining pool was attacked by hackers in early March, according to the pool’s owner. The hackers stole digital assets worth $3 million from the pool and its clients.
Chinese Authorities Open Investigation into Crypto Mining Pool Hack
A subsidiary of Bit Mining, a coin minting company, was the victim in a hacking attack. The company released a press release. The affected entity is a leading bitcoin mining pool, Btc.com, which in the past week accounted for over 2.5% of the pool distribution and has a share exceeding 4% on annual basis.
According to the announcement published Monday, Dec. 26, the platform was hit on Dec. 3, 2022. As a result, $2.3 million worth of digital assets owned by the company and another $700,000 in asset value belonging to its clients were stolen.
The cyberattack has been reported to law enforcement in Shenzhen, China on Dec. 23. With the support of other agencies Bit Mining highlighted that the Chinese authorities are investigating the incident and collecting evidence.
The company will devote considerable efforts to recover the stolen digital assets.
The mining company stated that certain crypto assets of Btc.com were already secured. It pointed out that it had implemented technology to better intercept and block hackers after discovering the breach.
Btc.com is currently operating its business as usual, and apart from its digital asset services, its client fund services are unaffected.
Besides the top-10 mining pool, which provides mining services for bitcoin (BTC), ether (ETH), and litecoin (LTC), Bit Mining Limited also owns the mining device manufacturer Bee Computing and operates coin minting facilities.
Since the Chinese government cracked down on the industry in the spring of 2021, Bit Mining has sought to expand its activities in Kazakhstan, which has become a major crypto mining hotspot. In August of this year, the company announced it had secured a $9.3 million registered direct offering from institutional investors.
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What are your thoughts on the hacking attack against the bitcoin mining pool Btc.com? Please leave your thoughts in the comments below.
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Disclaimer: This article is for informational purposes only. This article is not intended to be a solicitation or offer to buy or sell any products or services. Bitcoin.com does not provide investment, tax, legal, or accounting advice. The author and the company are not responsible for any loss or damage resulting from or related to the use or reliance of any content, goods, or services in this article.
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