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.