10 Best Crypto Under $1 In July 2022

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Buying digital currencies that cost $1 or less is a great alternative to fractional crypto investing. Not only that, but it’s a great way to diversify an investment portfolio.

There are so many low-cost cryptocurrencies that it can be hard for investors to see the wood for the trees. With this in mind, today we fully analyze the best crypto under $1 for 2022.

As well as the top alternatives in the crypto space, investors will also find a full walkthrough of how to add them to their portfolio and why they are worth buying.

Full Reviews of the Best Crypto Under $1s to Invest in 2022

Having scoured the market, we believe the cryptocurrencies listed below would be a worthy addition to any investor’s portfolio.

To aid the decision-making process for investors, we’re going to divulge key points like what the project is all about, use cases, market cap, and more.

1 – Battle Infinity (IBAT) – Overall Best Crypto Under $1 to Buy Now

Investors looking for a new cryptocurrency to buy in 2022 should look no further than Battle Infinity. The project is an ecosystem that includes various crypto games, a marketplace to buy, sell, swap, and more. Its native token is IBAT.

As IBAT is built on the Binance Smart Chain, investors can buy BNB (which is widely accessible ) and swap them for Battle Infinity’s native coins. Notably, this cryptocurrency is available on presale at 166,666 IBAT for each BNB. The minimum order is just 0.01 BNB. The Battle Infinity platform is redefining blockchain gaming with its NFT-based fantasy sports offering that’s linked to the metaverse

Creators can host their own mini-games on the network. Moreover, IBAT Premier League is the first fantasy sports game that is on the blockchain. Users will be able to create their own teams, win rewards in the form of Battle Infinity’s native token, IBAT, and engage in multiplayer matches.

Each sports game is integrated with the metaverse and the idea is to build a strategic team of players in the form of NFTs. This is one of the newest play-to-earn games in development and users can battle it out with others around the world.

This allows Battle Infinity users to earn rewards for winning games, coming top of the leader board, and much more. The Battle Infinity is a multiple P2E and gaming platform that was designed with both gamers and creators in mind.

Moreover, everything on the platform is integrated with the blockchain and metaverse. There are six divisions. The IBAT Premier League fantasy sports league includes cricket, football, basketball, and more.

Another element to the ecosystem is Battle Swap, which is a marketplace where investors can buy, sell and swap IBAT. Meanwhile, Battle Market is an NFT marketplace for gamers, artists, and creators.

Battle Store comprises P2P, multiplayer, and PBP games that are integrated with the aforementioned marketplace. Battle Arena is this project’s Metaverse world, in which users can interact with other avatars in the virtual world.

The whitepaper is available to download on the Battle Infinity website. For further updates as things develop in the ecosystem, join the Battle Infinity Telegram group.

2 – Lucky Block (LBLOCK)- Daily Prize Giveaways and Daily NFT draws

One of the best performing cheap cryptos in 2022 was Lucky Block. When the project was officially launched in January 2022, its native token LBLOCK was at the center of one of the fastest selling out crypto presales, and LBLOCK pumped by over 65x to just over $0.009.

Lucky Block was among the fastest digital currencies in history to reach a $1 billion fully diluted market capitalization. Within 90 days of its introduction, this cutting-edge crypto under $1 attracted more than 50,000 investors.

This project includes a blockchain-based crypto-gaming use case that enables traders and investors to participate in regular prize draws. Not only that but 10,000 different NFTs have been produced by the Lucky Block team.

Lucky Block also offers the best NFTs to buy, as investors who purchase them will be added to the exclusive Platinum Rollers Club. This offers LBLOCK holders a wide range of advantages, including unlimited entry into the Lucky Block NFT draw.

Moreover, users will automatically be put into the daily prize draw after linking their crypto wallet to Lucky Block. The overarching goal of the Lucky Block project is to offer the world P2E rewards in LBLOCK tokens and offer fair and transparent prize draws. This will be achieved via crypto games and competitions using blockchain protocols.

What makes the Lucky Block project different from non-blockchain games of a similar nature is that every jackpot results in rewards for ticket holders. Not only that but there are no blockchain fluctuations, payouts are instant, and the prize draw is accessible on a global scale.

At the time of writing, the circulating supply of LBLOCK is around 40.7 billion, according to the project. The maximum supply of Lucky Block tokens is 100 billion. The market cap of Lucky Block is around $40 million and investors can add LBLOCK to their portfolio for less than a cent.

3 – Dogecoin (DOGE) – The Original Meme Crypto Under $1 With Upside Potential

Investors who are keen to find the most popular crypto might like Dogecoin. This project began life as a parody of Bitcoin. However, although the creators of the digital token only intended to mock the cryptocurrency space, Dogecoin soon turned into a multi-billion dollar movement.

What happened? In 2021 Dogecoin became the first meme crypto. Widespread support and exposure from celebrities, in addition to communities of investors on online platforms such as Reddit, started buying DOGE in their droves.

As a result, Dogecoin hit its highest ever valuation. This crypto project started 2021 off with a market capitalization of around $1.3 billion. By the end of 2021, it had skyrocketed to a valuation of more than $85 billion

To this day, the project’s native token DOGE is among the best crypto to buy on Reddit. At the time of writing, Dogecoin carries a market capitalization of over $9.7 billion and ranks number 10 on CoinMarketCap.

Cryptoassets are a highly volatile unregulated investment product. 

4 – Polygon (MATIC) – Disney’s Blockchain of Choice is Trading at Less than $1

The Polygon network was developed to make the Ethereum blockchain more scalable and to support additional use cases. Polygon operates through a sidechain that connects to Ethereum and permits additional processing.

The goal of the Polygon project is to fix Ethereum’s processing capacity issues. As a consensus mechanism, it also makes use of the proof-of-stake paradigm. Additionally, in 2022, Polygon announced a partnership with Disney, the world-famous media and entertainment company.

Disney has selected Polygon’s blockchain for its esteemed ‘House of Mouse’ accelerator program. Meanwhile, another significant agreement was reached with the incredibly popular social media site Reddit.

The Polygon/Reddit partnership will let users buy blockchain-based avatars for their profiles in the NFT format. In the NFT space, it collaborated with Flipkart Firedrops, which is also hosted by the Polygon blockchain.

As a result of these major deals, Polygon is shaping up to be the most promising crypto project of its kind. The market capitalization of Polygon at the time of writing is over $7.4 billion. Moreover, since this coin’s all-time high of $2.87 in December 2021, MATIC is trading at a 68% discount.

Cryptoassets are a highly volatile unregulated investment product. 

5 – Tron (TRX) – Invest in Crypto Project That has Partnered With MetaEstate

Tron has been on the scene since 2018 and is one of Ethereum’s most well-known rivals. Its native token is TRX. This project developed an entertainment-focused standalone blockchain, rather than attempting to build a new Ethereum ecosystem.

As a result, the platform gives content producers ownership over their work. They are able to do away with middlemen who control the channels for distribution and revenue collection. They may use the decentralized network to directly share their work and material with their friends and followers while earning a commission in the form of digital tokens.

Additionally, Tron incorporates a number of cutting-edge crypto technologies into its decentralized network. This includes Web3, NFTs, Web3, DeFi, and dApps. However, this blockchain project has had endorsements from multiple well-known figures.

Multiple companies use the Tron network in some way or another. This includes Sony Interactive Entertainment, Samsung, Poloniex, and MetaEstate. The latter is a collaboration that will see Tron entering the metaverse space and building a digital ecological complex in the Cryptovoxels.

For those unaware, MetaEstate is a leading real estate NFT collection on the Ethereum blockchain. As such, this might be the best crypto under $1 for budding digital real estate investors. At the time of writing, the market capitalization of Tron is over $6.4 billion.

Cryptoassets are a highly volatile unregulated investment product. 

6 – Gala (GALA) – Ethereum Token For Crypto Gaming and Purchasing Digital Goods

Gala is one of the most promising cryptocurrencies under a dollar for metaverse and gaming. A notable partnership for this crypto project is Epic Games. As anyone who is into gaming will know, this is a huge company in its industry.

The Gala project is developing Web3 games and aims to reinvent the industry through decentralization, incentive systems, and user ownership. As such, Gala is competing in the niche industry of ‘own-your-experience’ gaming.

The platform has hundreds of titles in development and several already at various phases – from pre-sale to beta release. The aforementioned projects are anticipated to aid accelerate value increases for the GALA tokens.

With so many games in the pipeline, this is likely to be a good option for long-term investors looking for the best cryptocurrency under $1 to buy. At the time of writing, GALA has a market capitalization of over $411 million and is a little less than $0.6 per coin.

Cryptoassets are a highly volatile unregulated investment product. 

7 – Enjin – (ENJ) – Ecosystem and Next-Gen Blockchain Gaming Launchpad

Decentralized platform Enjin makes it simple for developers to produce and exchange virtual assets. The native token of the ecosystem is ENJ. Enjin has discovered an application case in the creation of NFTs and the commercialization of resources inside the gaming industry.

Enjin and Atari, one of the biggest video game franchises in the world, struck a deal to work together in the video gaming sector. As a result, characters are made profitable by being converted into tradable NFTs.

Enjin makes this feasible without necessitating a time-consuming effort on the part of game designers. The Enjin project has been embraced by millions of game creators. The ecosystem is expanding at a good pace, making it one of the best penny crypto assets to invest in right now.

This platform has use cases in the auto industry, with a contract with BMW. Samsung and Microsoft also support Enjin. The market capitalization of ENJ is more than $557 million.

Cryptoassets are a highly volatile unregulated investment product. 

8 – Shiba Inu (SHIB) – Most promising Crypto With Large Community Support

Shiba Inu showed itself as one of the most popular crypto projects in early 2021. This was thanks to an outpour of support and endorsements from the crypto community and celebrities, as well as a meme coin craze. Its native token is SHIB, which is one of the best cryptocurrencies under $1.

However, this isn’t just a one-trick pony anymore. By introducing an NFT market and a token Launchpad, SHIB developers have committed to growing the Shiba Inu ecosystem. Shiba Inu developers launched an NFT marketplace in 2022 called King Shiba.

Moreover, the team has created a metaverse called Shibarium, which is expected to be released in Q3 2022. The platform has also partnered with a range of eCommerce shops to broaden the use cases for SHIB.

Additionally, the burn rate for SHIB token prices has been raised. The team anticipates that these developments will propel SHIB values and investor portfolios to previously unheard-of heights. Shiba Inu has a huge crypto community. The market capitalization of SHIB at the time of writing is over $7.5 billion.

Cryptoassets are a highly volatile unregulated investment product. 

9 – Stellar (XLM) – Highly Decentralized and Well-Established Open-Source Payment Network

Another of the best cryptocurrencies under $1 is XLM, the native token of Stellar. This is a highly decentralized payment network with open-source software. The Stellar project aims to completely transform the way money is transacted on a global scale.

The provision of crypto storage services and financial inclusion and reach to the unbanked are two of its primary goals. On the other hand, Stellar was created with the common user and people in underdeveloped nations in mind.

The platform offers easy, rapid, and affordable transactions that provide users access to the global economy. All-in-all, Stellar seems to be a reliable cryptocurrency project. It has a solid team behind it and addresses a significant issue in the real world, namely the exorbitant cost of sending money overseas.

Stellar also boasts several significant collaborations, including those with IBM, MoneyGram, and Circle. At the time of writing, XLM has a market capitalization of over $2.9 billion and is priced at less than $0.15.

Cryptoassets are a highly volatile unregulated investment product. 

10 – Algorand (ALGO) – FIFA’s Official Blockchain Platform With Multiple Use Cases

A decentralized network Algorand seeks to speed up transactions in the cryptocurrency sector. Algorand is a decentralized blockchain platform with many applications in the entertainment, banking, and sports industries. At $0.35 at the time of writing, it is the best cheap cryptocurrency to buy with multiple use cases.

There are countless application cases for its native token ALGO. There is a large number of companies already developing solutions on the Algorand platform, which usually bodes well for a crypto project.

For instance, Algorand piqued the interest of investors after it entered into a deal with FIFA in May 2022. The partnership between FIFA and Algorand includes both sponsorship and technical components.

Algorand will provide FIFA with a blockchain-supported wallet solution in addition to serving as the organization’s official blockchain platform. The press announcement states that Algorand will assist the FIFA World Cup Qatar 2022 across North America and Europe.

The Algorand blockchain network will also be named the FIFA Women’s World Cup Australia and New Zealand 2023 official sponsor. The increased exposure from this relationship could spark more interest from the general public and thus create gains for crypto traders. The market capitalization of ALGO at the time of writing is over $2.4 billion.

Cryptoassets are a highly volatile unregulated investment product. 

Is it Worth Investing in Crypto Under $1?

Whether or not it’s worth investing in crypto under $1 depends on the aspirations of each individual investor. That is to say, cryptocurrencies are highly volatile assets and therefore have a high level of risk attached.

That said, below we talk about some of the reasons investors might hunt down the best crypto under $1.

Buy Larger Amounts of Tokens

One reason investors decide to buy crypto under $1 is to buy large amounts of a token they believe will make them impressive gains. For example, if an investor has a budget of $100, they could opt to buy just a tiny fraction of a large-cap token like Bitcoin.

Alternatively, they might buy a hundred, or even a thousand, digital tokens from a project in the hope that it blows up and they make a decent profit. Entering a crypto project with potential upside at a low price point results in a higher ROI (return on investment).

Earn Rewards and Win Prizes

Some of the best new crypto projects under $1 offer rewards, perks or ways to earn yield.

For instance, Battle Infinity offers multiple ways to earn and win rewards in the form of tokens that users can swap or sell. In fact, everything in the Battle Infinity platform that is minted as an NFT is tradable within the ecosystem. This allows users to buy and sell NFTs with ease and hopefully make a profit.

IBAT can also be staked to earn an APY (annual percentage yield) – adding an incentive to hold.

In the case of Lucky Block, every investor who buys an NFT is automatically entered into a prize draw. Lucky Block also gives eligible LBLOCK token holders a free ticket to the jackpot draw.

Great Way to Diversify Crypto Holdings and Limit Risk

By choosing the best crypto under $1, investors can buy digital currencies with a variety of applications. One of the guiding concepts of investing that helps lower a portfolio’s risk is diversification.

After all, risk management in this developing, turbulent market is crucial. Therefore, investing in cryptocurrency projects with various use cases or goals is a common approach to diversifying cryptocurrency holdings.

This is actually easier than it sounds as there is such a wide variety of low cap cryptos priced under $1. This was clear to see in our earlier reviews of the most promising crypto assets. We included everything from fantasy sports blockchain games to meme crypto assets and payment networks.

Full Walkthrough of How to Buy Battle Infinity

As we talked about earlier, Battle Infinity is an innovative crypto gaming platform connected to the metaverse. Those who want to get involved can buy IBAT on presale by following the instructions below

Step 1: Head to the Battle Infinity Platform

To see more information on what we’ve talked about today, head over to the Battle Infinity website. This is where IBAT investors can find and download the project’s whitepaper for the ins and outs of the ecosystem.

Step 2: Buy Some BNB Coins

Prior to investing in IBAT, it’s important to buy some Binance Coin tokens or BNB.

BNB is offered by many online trading platforms, however, the best place to complete the purchase is likely Binance as they can be withdrawn to a wallet.

When placing an order, ensure it is to buy 0.01 BNB or more as this is the minimum requirement at Battle Infinity.

Step 3: Download a Crypto Wallet

Those who don’t already have a wallet to store the crypto will need to arrange that. MetaMask is compatible with more than 450,000 digital coins and is trusted by more than 30 million users.

MetaMask is available as an extension on popular browsers like Chrome, Firefox, Edge, and Brave. Alternatively, MetaMask can be installed on an Android or iOS cell phone via the relevant app store.

Step 4: Transfer BNB Tokens to Wallet

Once downloaded, the BNB coins purchased earlier need to be added to the MetaMask wallet.

At this point, the following information needs to be entered into the relevant fields:

• Network Name: Smart Chain
• New RPC URL: https://bsc-dataseed.binance.org/
• ChainID: 56
• Symbol: BNB
• Block Explorer URL: https://bscscan.com

The BSc wallet address also needs to be copied over from the box that says ‘Account 1’.

Step 5: Connect the MetaMask Wallet to the Battle Infinity Platform

Go to the Battle Infinity website and look for the ‘Launch Presale Dashboard’ button.

At this point, the investor needs to select ‘Connect Wallet’

A pop-up will ask for confirmation on connecting the MetaMask wallet with the Battle Infinity platform. Confirm to proceed.

Step 5: Buy IBAT at the Presale Price

At this point, the investor can place an order to buy IBAT by swapping the BNB tokens they bought in step 2. First, enter the number of BNB tokens that will be exchanged.

 

As we touched on, the minimum is 0.1 BNB. This is the equivalent of 166666.66 IBAT.

Next, select ‘Buy IBAT’. When prompted, authorize the BNB/IBAT swap and the coins will be added to the Metamask wallet

Best Place to Buy Alternative Crypto Under $1

Some investors may prefer to access one of the many alternatives to the best crypto under $1 we’ve talked about today.

As such, we’ve reviewed the best online broker to make that happen. Read on to find out about trading fees, features, and more.

eToro – Best Online Broker For Alternative Crypto Under $1

More than 25 million people have joined on eToro. It is a highly regarded social trading website that offers a wide range of crypto assets at just 1% commission. eToro is regulated by multiple entities and offers a professional, fair, and transparent service.

The majority of the best cryptocurrencies under $1 we’ve discussed in this guide are also listed at this brokerage. US investors can place an order to buy cryptocurrencies for just $10 or more. As crypto assets like Dogecoin are under $1, investors can buy hundred digital coins or more for just $10.

A paper trading account with $100,000 is available for all investors and the eToro cell phone app allows them to access the best crypto under $1 with little effort. One of eToro’s best features is the ability to mimic the buy and sell orders of a pro to reduce the learning curve.

This is called Copy Trading and the minimum investment is $200. On the other hand, those who want an immediate and diverse portfolio of assets can check out the platform’s other passive investment tool.

This is called Smart Portfolios and the minimum investment is $500. There are several payment methods available when financing an eToro account to purchase crypto Under $1s. Credit/debit cards and e-wallets like Skrill, PayPal, and Neteller are included in this.

The account may also be funded via wire transfers and ACH. US residents can also get started with a low minimum deposit of just $10 or more when funding their account.

Pros :

Cons

• Perhaps not enough technical tools for advanced traders
• Doesn’t Support MT4 or MT5

Your capital is at risk. Crypto asset investments are highly volatile and speculative. 68% of retail investor accounts lose money when trading CFDs with this provider.

Conclusion

We’ve reviewed the Best cryptocurrency to invest in 2022 today, in addition to nine great additional options. Bettle Infinity came out on top due to its innovative ecosystem which includes a fantasy sports title connected to the metaverse and more.

Battle Infinity’s native token, IBAT, is available on presale at a great price for early investors. Head over to Battle Infinity and allocate as little as 0.1 BNB to get started today.

FAQs

Which cryptocurrency has the lowest price?

The lowest cost cryptocurrency we’ve talked about today is Lucky Block, which is $0.0009 at the time of writing. 

What is the overall best crypto under $1?

The overall best crypto is Battle Infinity (IBAT). We found the second best to be Lucky Block.

Can I buy Bitcoin with $1?

Investors can buy Bitcoin in fractional amounts if the trading platform they use allows it. eToro is able to facilitate fractional investments of $10 or more.

Where is the best place to buy cheap cryptocurrencies?

The best place from which to buy cheap cryptocurrencies is at a licensed brokerage that offers a wide range of assets. Alternatively, investors can buy cheap cryptocurrencies directly from the site that launched them. An example would be IBAT, which is available on presale at Battle Infinity.