Best Crypto Under $1 for 2022

Finding the best crypto under $1 isn’t the easiest of tasks. After all, this marketplace is flooded with digital currencies that fall into this category.

To point you in the right direction and help you to make an informed decision, this guide will explore 10 of the best crypto under $1 to consider adding to your portfolio today.

Best Cryptocurrency Under $1 to Buy in 2022

Below you will find a quick-view list of the 10 best cryptocurrency to invest in 2022 – all of which are priced at under $1.

Cryptoassets are a highly volatile unregulated investment product.

You might also be interested in Pi coin which has yet to debut on a crypto exchange. for more details check out our Pi coin price prediction analysis.

For more details surrounding the best crypto under $1 – read on. In doing so, you will find further information on each potential investment.

A Closer Look at the Best Crypto Under $1 to Invest in

When it comes to investing in cryptocurrency, choosing from the thousands of active digital currencies can be daunting.

As such, we’ve saved you some time and compiled a list of 10 of the top crypto under $1 to buy now.

1: Lucky Block – Overall Best Crypto Under $1 for 2022 

Lucky Block, which was launched in January 2022 – is the overall. best crypto under $1 to buy today. Put simply, this project is building a crypto-lottery platform. It will be housed on the Binance Smart Chain and is set to alter and improve traditional lottery draws.

Lucky Block intends to dramatically boost transparency and fairness by conducting these draws using blockchain technology rather than traditional ‘offline’ methods. Furthermore, because the daily lottery is open to anybody in the world, this cheap cryptocurrency will be able to provide more frequent and higher prize payouts.

As an investor looking for the best penny crypto tokens, Lucky Block’s price point will appeal to you. Not only that, but Lucky Block’s creators have included a number of features that make owning its token an excellent option to produce a long-term profit.

According to its creators, 10% of each jackpot will be distributed as a reward to Lucky Block investors. Another 10% will be used for growth and marketing, and a further 10% will be donated to charity. Lucky block is the best new cryptocurrency to buy in 2022 and at the time of writing, the project carries an undervalued market cap of just $110 million.

The all-time highest price of Lucky Block was $0.009. At $0.002 at the time of writing, the token is trading almost 78% lower than its all-time high, which could represent a bargain for people looking for the best penny crypto opportunities. As well as this guide, you might also want to check out the full tutorial on how to buy Lucky Block.

Cryptoassets are a highly volatile unregulated investment product. 

2: Basic Attention Token – Best Crypto Under $1 for Long-Term Prospects

Basic Attention Token was launched in May 2017 and not only is this is one of the best cryptocurrencies to invest in 2022, but it serves a worthwhile purpose too. Basic Attention Token is a DeFi coin that aims to tackle a specialized and well-known need. It is also built on the Ethereum blockchain network.

User misuse, an abundance of trackers, and advertiser fraud causing a bloated user experience and poor load times are just a few of the difficulties plaguing advertising businesses.

As such, Basic Attention Token was designed by Brave Software as part of its ambition to redefine and change how the internet gathers data, displays ads, and treats users.The market cap of Basic Attention Token is just over $1.3 billion as of writing. The all-time-highest price of this token was $1.92 in November 2021, now trading 57% lower than this,.

As such, Basic Attention Token is heavily discounted at the time of writing. Market analysts think this cheap cryptocurrency could hit highs of over $3.30 by 2025. If you invest now, this could represent gains of almost 300% if predictions  come to frution.

Cryptoassets are a highly volatile unregulated investment product. 

3: Fetch.ai – Best New Cryptocurrency to Invest in 2022 for Upside Potential

Fetch.ai is a blockchain-based AI and machine learning platform that was founded in 2017. It provides what it refers to as ‘digital twins’, which are copies that are meant to make life simpler for both personal and professional users. Digital twins are sometimes referred to as Autonomous Economic Agents.

The digital twins offered by this project can help people with mundane activities like food preparation and parking. It essentially completes tasks automatically, cutting out the middle man, so you maintain ownership of your own data. Fetch.ai’s digital twins can even be used to build up contracts for enterprises or advertise in the metaverse.

Digital twin systems outperform traditional centralized solutions in terms of crypto-economic security, speed, and flexibility. As such, this could be the industry’s future. It’s clear that this cryptocurrency has strong technologic fundamentals, which could make it a great long-term investment.

In terms of performance, the all-time highest price of this token was $1.19.Fecth.ai is one of the most promising crypto projects on this list, although it has to be said, being new, it doesn’t currently have a large market cap. At the time of writing, Fetch.ai has a market capitalization of just $350 million.

Some market analysts have predicted that Fetch.ai could reach $2 or more in the next five years, which would illustrate gains of around 325% for anyone looking to invest now.

Cryptoassets are a highly volatile unregulated investment product. 

4: Tron – Best Penny Crypto to Invest in For Stability

Tron is one of the world’s most popular crypto assets and has been around since 2017.  Tron is an excellent option if you’re seeking a more steady penny cryptocurrency, meaning lower volatility. This blockchain-based operating system can run smart contracts, which enables developers to create decentralized applications (dApps).

Tron’s main purpose is to bring consumers and content providers together for peer-to-peer transactions. In 2018, the company’s purchase of BitTorrent, a file-sharing service, was a significant step toward that aim. The platform can handle 2,000 transactions per second. As such, Tron is now on par with big payment processors like PayPal in terms of performance.

Tron, best of all, charges no transaction fees. In terms of price action, the all-time low of Tron was in September 2017 when it fell to $0.001. Whereas its highest ever token price was in January 2018 when it hit $0.30. As we touched on, Tron isn’t as volatile as other low-priced tokens.

At the time of writing, Tron is among the top 25 most valuable cryptocurrencies by market capitalization at almost $7.5 billion. It is, nevertheless, a cheap cryptocurrency. Generally speaking, its price has sat between $0.05 and $0.15 in recent cycles. Some market analysts predict Tron could peg at $0.30 by 2025.

Cryptoassets are a highly volatile unregulated investment product. 

5: Chiliz – Best Crypto Under $1 for Entertainment Properties

Chiliz is an entertainment and sports-oriented cryptocurrency project. Its digital token was launched in 2018. Socios is a fan engagement platform that works in partnership with some of the world’s biggest sports teams. Chiliz is the official cryptocurrency of the Socios platform, as well as the proprietary exchange.

As a result, fans may buy tokens and voting rights from their favorite teams on Socios. Fans who buy these governance tokens can influence the sports teams they follow. A team may, for example, allow holders of fan tokens to vote on the design of the shirts they wear.

 

This kind of blockchain-based sports fan engagement makes Chiliz one of the most promising cryptocurrencies on the scene. The market capitalization of this cryptocurrency at the time of writing is over $1.8 billion. The price per Chiliz token reached an all-time high of $0.89 in March 2021.

However, owing to significant price volatility that impacted the whole crypto market, the price fell below $0.40. By November 2021, the price had risen to roughly $0.50, but had then fallen down to $0.25 by the end of the year. At this time Chiliz sells for between $0.10 and $0.50 on the open market, making it a good investment for people looking for the best crypto under $1.

Chiliz is expected to gain more partnerships with various sports entities. As such, some price predictions indicate Chiliz could reach as much as $7 per token by 2025. Again, never take speculation as a given when investing in cryptocurrencies.

Cryptoassets are a highly volatile unregulated investment product. 

6: Ren – Most Promising Cryptocurrency to Buy in 2022

Ren was launched in 2017 by IT and cryptocurrency professionals. It is an open protocol Ethereum token that allows any cryptocurrency token to be transferred across blockchains, creating transaction freedom for users. This enables developers to integrate tokens created on other blockchains into their applications.

Additionally, developers won’t need wrapped tokens that represent a coin from another blockchain. The team’s goal is to allow normal people all around the world to make secure, speedy, and private payments. Ren’s key distinguishing characteristic from other digital currencies is the Ryo Currency Algorithm, a powerful encryption software.

Moreover, as a guarantee of good behavior, network participants pay the token as a refundable bond. This crypto-asset fell to an all-time low of $0.01 in November 2018. Ren then skyrocketed to a high of $1.84 in February 2021. Ren has gone through several changes and integrations since its launch in 2017.

As such, this token appears to be a good investment option for anyone looking for the most promising cryptocurrency to buy in 2022. With a market cap of just $480 million as of writing, there is plenty of upside potential on the table. In recent months,  Ren has been fluctuating between $0.25 and $1.

However, some market analysts foresee a price of $1.46 by 2025, which would mean potential gains of over 200% for investors looking to buy Ren today.

Cryptoassets are a highly volatile unregulated investment product. 

7: Stellar – Established Crypto Under $1 With a Strong Road Map

Stellar was launched in July 2014 as an open-source payment network. The platform has the capability to process between 1,000 and 5,000 transactions per second. The team behind Stellar has a strong road map which includes increasing network innovation, participation, and scalability.

As well as promoting inclusion and diversity, and investing in community activities and marketing. The ultimate objective is to create a single network that supports all of the world’s financial systems. Users may generate, transfer, and receive digital representations of any type of cash using Stellar.

In other words, you might use Stellar, for example, to send digital representations of any fiat money, such as the US dollar or the British pound. It may also be used to send depictions of digital currencies, like Bitcoin for example. The platform aims to provide a low-cost and easy way for users to access the global economy, without excluding those from developing nations.

The network also has its own decentralized exchange, where users can trade cryptocurrency and other assets. Verified financial institutions called ‘Stellar Anchors’ serve as banks and keep deposits for non-crypto assets. The platform then provides the depositor tokens related to those assets.

The depositor receives the assets back when the tokens are withdrawn or redeemed. To protect the value of the assets, Stellar gives an inflation pool return of 1% each year. With a market capitalization of almost $25 billion as of writing, Stellar is a highly valuable cryptocurrency.

It is also one of the best crypto under $1. In recent cycles, the price of a Stellar token ranges between $0.15 and $0.60. With that said, during the crypto bull run of 2017, Stellar hit an all-time high of $0.79, before falling again. Many market commentators think Stellar could hit highs of $1.75 by 2025 so now could be the time to invest.

Cryptoassets are a highly volatile unregulated investment product. 

8: XRP – Environmentally Conscious Large-Cap Cryptocurrency Under $1

XRP‘s consensus protocol verifies transactions. For a transaction to be accepted, it must be approved by a majority of the validators who evaluate it. As such, thanks to this mechanism, XRP is able to conduct transactions in seconds at a cheap cost and with minimum energy. This makes it one of the greener cryptocurrencies.

As well as being one of the best crypto under $1, it has the potential to replace an inefficient and out-of-date international money transfer system. The fact that it has banking connections with over 200 financial institutions is encouraging. Moreover, any favorable changes in its legal standing might lead to a price hike.

During the aforementioned 2017 bull run, XRP was one of the many digital currencies that produced healthy gains for investors – which it hit all-time high of $3.40. In May 2021, it again faired strongly, rising from under $0.90 to over $1.08 in a matter of weeks. However, since that all-time high, XRP has fallen by almost 75%.

XRP has a market cap of over $86 billion at the time of writing. Some XRP price predictions suggest it could hit a price as high as $4 by 2025. As such, at less than $1, it now represents a good entry point for investors looking for cheap cryptocurrencies.

Cryptoassets are a highly volatile unregulated investment product. 

9: Ankr – Invest in a Growing Penny Cryptocurrency With Incentives

Ankr is an ERC-20 token that was launched in September 2018 on the Ethereum network. Ankr is an autonomous cloud computing platform. It even competes with Amazon Web Services (AWS) and other comparable providers. This network allows cloud computing businesses to rent out previously underused machines.

In exchange for ANKR tokens, cloud computing companies may make better use of their processing power. Exploiting underutilized assets is also a great way to help the environment. Ankr also features multi-chain tools and a worldwide distributed node architecture. This means that it can operate with several blockchains.

Ankr has a wide range of applications and may also be used by developers to create their own blockchain initiatives. Furthermore, investors can use crypto staking to earn incentives. Investors can create and run a validator node on the blockchain of choice with Ankr. This offers investors a passive way to make money without requiring any technical skills or paying commission fees.

Ankr offers direct access to over 30 staking nodes. For long-term investors looking for a passive income, Ankr might be the best crypto under $1 to buy right now. This promising cryptocurrency has a market cap of just $900 million at the time of writing. And as such, it has plenty of room to expand further.

Ankr is super volatile, with recent cycles pricing the token between $0.02 and $0.20. However, some market analysts think Ankr could reach as much as $12 per token by 2025.

Cryptoassets are a highly volatile unregulated investment product. 

10: Dogecoin – Best Crypto Under $1 to Buy for Value

Dogecoin is a popular meme token that was created in 2013 and is potentially one of the most undervalued cryptos on this list. The cryptocurrency was created by Adobe and ABM software engineers Jackson Palmer and Billy Marcus as a lighthearted alternative to the likes of Ethereum and Bitcoin. Unlike Bitcoin, Dogecoin has no supply cap.

There are around 130 million Dogecoin tokens in circulation and this number is growing. In contrast, Bitcoin’s supply is capped at 21 million and only 900 new tokens are mined each day. Given the massive and ever-increasing supply, demand has to skyrocket in order for Dogecoin’s price to increase. That is exactly what happened in mid-2021.

The broader crypto bubble, months of tweets by Tesla creator Elon Musk, and his appearance on US television in May 2021 all contributed to an 18,000% price increase in early 2021. Dogecoin went from $0.004 to around $0.74 in less than six months. This cryptocurrency has crashed down to earth after achieving the aforementioned gains in 2021.

Dogecoin’s market capitalization is over $18 billion as of writing, putting it firmly in the top 20 most valuable cryptocurrencies. You can now buy Dogecoin for 80% less than you would have paid during its all-time high. As such, if you believe this token has upside potential, this could be the best crypto under $1 to add to your portfolio today.

Cryptoassets are a highly volatile unregulated investment product. 

Is Crypto Under $1 a Good Investment?

The best crypto under $1 we’ve talked about today are somewhat comparable to penny stocks. That is to say, they’re inexpensive to purchase and can be extremely volatile.

With that said, the best penny cryptocurrencies have a high potential for growth if you choose wisely.

In the sections below, we discuss some of the main reasons why you might decide to add some crypto under $1 to your portfolio.

Ability to Buy on a Large Scale to Increase Future Growth Potential

Since peaking in late 2021, the crypto markets have suffered a decline. Many investors see this as a chance to buy crypto at reduced prices.

Of course, the main reason people are looking for a new cryptocurrency to invest in 2022 is to make money.

• A good example of this is Bitcoin, which launched at a price of $0.0008 in 2010 and is now valued at over $45,000
• As such, if you had allocated $1,000 to Bitcoin back then as a penny cryptocurrency, your investment would now be worth billions of dollars.
• In another example, because of the huge number of Dogecoin tokens in circulation, increasing its value by a meaningful amount should be extremely difficult
• However, as we explained earlier, many tokens increased by thousands of percent in a matter of months in 2021
• As such, just because Dogecoin is now trading at less than $0.20, it doesn’t mean you can’t make huge gains later down the line

Whilst there are no guarantees, buying the best crypto under $1 allows investors to purchase more tokens and hopefully sit back whilst they grow in value.

After all, if history is any indication of future success, you can’t go wrong HODLing your cryptocurrencies in the long run.

As such, when you’re looking for new cryptocurrency to invest in 2022, picking high-potential tokens with a low nominal value in this rapidly increasing market makes sense.

Plus as we said, cheap cryptocurrency purchases also allow you to buy on a larger scale.

Buy Penny Cryptocurrencies to Build a Diverse Portfolio

With over 18,000 active cryptocurrencies at the time of writing, it might be tough to tell which ones are good and will provide you with the highest returns later.

This is part of the reason that in the realm of investing, many people look to create a diverse portfolio.

• Some of the original well-known leading cryptocurrencies have seen a tremendous rise in value since their inception
• As such many individuals are on the lookout for new cryptocurrency to buy in 2022 that might appreciate in the same way
• Well-known crypto-assets like Bitcoin and Ethereum are the obvious choice
• However, there are a variety of additional inexpensive alternatives in the form of penny crypto that could offer greater growth potential

As such, the low price point of the cryptocurrencies we’ve talked about today makes it easier to create a diverse portfolio of assets.

This gives you a better chance of making decent returns later as if one isn’t doing so well, there are others to fall back on.

Staking Allows Investors to Earn a Passive Income

Staking is becoming one of the most popular ways to generate money in the crypto world. As such, you can deposit cash in a wallet to enable transactions on a blockchain network.

You then sit back and earn staking rewards. It’s a bit like yield farming and appeals to both seasoned crypto investors and newbies.

Unlike mining or trading, which sometimes requires a large initial investment or sophisticated technical expertise, staking allows you to earn a passive income on the best crypto under $1.

• Ankr is a great example of this.
• Ankr’s Eth2 staking solution offers investors a high level of security, as well as an appealing reward structure and immediate staking liquidity via a bond-like synthetic token known as aETHc.
• Stake as little as 0.5 ETH and combine your funds with other investors to get the same return.
• Moreover, the platform offers one-click node hosting for any investors who wish to develop or stake over 50 protocols.

Crucially, the above example is in addition to the gains you can make when the market value of your penny cryptocurrency increases.

Where to Buy Other Crypto Under $1

The best places to buy crypto under $1 will provide you with an easy-to-use broker account and offer cost-economical trading fees.

eToro is the overall best place to buy penny cryptocurrencies – read our review below to find out why.

eToro – Best Place to Buy Crypto Under $1 in 2022

eToro is the overall top broker to access the best cryptocurrencies under $1. The broker serves over 25 million traders and investors globally and the platform is really easy to navigate. This makes finding penny crypto assets a breeze for newbies and seasoned traders alike.

Not only that but you can allocate as little as $10 to your chosen assets which makes diversification simple and cost-effective. US clients are not charged any deposit fees. After creating a free account you can deposit as little as $10 to start placing orders and building a portfolio of cryptocurrencies. eToro currently offers 59 different digital assets so if you’re looking to invest in the best new cryptocurrencies this social trading platform has you covered. As such you can buy Curve, Tron, and other innovative projects directly via the eToro crypto app.

Payment options are plentiful at eToro. This includes credit and debit cards, in addition to bank wire transfers, ACH, and even e-wallets such as Skrill, Neteller, and PayPal. You will also find other assets at eToro – such as thousands of stocks and hundreds of ETFs. If you want to try investing passively, check out copy trading and smart portfolios.

Copy trading involves picking and allocating $200 or more to a pro-investor that focuses on cryptocurrencies. After this, whatever the pro invests in will be copied across to your own portfolio. In the case of smart portfolios, this is a managed basket of assets you can invest in.

Pick one that focuses on your chosen asset such as ‘CryptoEqual’, ‘CryptoPortfolio’, or one of the many other collections that contain digital currencies, and allocate some funds to it by clicking ‘Invest’. eToro also offers one of the best crypto wallets on the market with top-notch security and unlosable private keys.

Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.

How to Buy Crypto Under $1

If you’re wondering how to buy crypto under $1, the walkthrough below will explain how to invest in Lucky Block at the decentralized exchange PancakeSwap.

How to Buy Lucky Block

As noted earlier, Lucky Block is the overall best penny cryptocurrency to invest in 2022.

• Step 1: Get Trust Wallet: To get the ball rolling, download the Binance backed app ‘Trust Wallet’. This enables you to buy Lucky Block via a direct swap.
• Step 2: Deposit BNB: Importantly, Lucky Block can only be traded against Binance Coin on this platform. As a result, if you don’t have BNB tokens in your possession already, you will need to obtain some via Trust Wallet. If you already own this cryptocurrency, you can simply transfer some of your BNB tokens to the wallet.
• Step 3: Connect to Pancakeswap: Next, you will need to click the button marked ‘DApps’ to connect to the Pancakeswap exchange.
• Step 4: Paste Lucky Block Contract Address: As soon as you have established a connection, you can copy and paste the contract address from the official Lucky Block website.
• Step 5: Swap BNB for Lucky Block: That’s it, you can now complete the swap by entering the amount of BNB tokens you wish to exchange for Lucky Block.

Do note, the amount of Lucky Block tokens you are given, in exchange for the BNB you enter, will be dependent on the market value at the time of completing your purchase.

Cryptoassets are a highly volatile unregulated investment product.

How to Buy Crypto Under $1 on eToro

eToro offers a much simpler way to buy the best crypto under $1 as there is no need to download a wallet to your cell phone.

Follow these simple steps to access the best cryptocurrencies to invest in 2022!

• Step 1: Register an eToro Account: To buy crypto at eToro, look for the button marked ‘Join Now‘. Click this to see the online form you need to create a broker account. You can now enter a username and password, your cell phone number, email address, and full name.
• Step 2: Deposit Funds: eToro supports lots of payment methods, such as e-wallets, credit/debit cards, wire transfers, and ACH. Choose one, enter the required details, and deposit $10 or more to continue.
• Step 3: Search for Penny Cryptocurrency: To find your chosen cryptocurrency, you can either click the button marked ‘Discover’, or use the search bar. For example, you might type ‘Basic Attention Token’ or ‘Fetch.ai’ into the box.
• Step 4: Buy Penny Cryptocurrency: To create an order to buy your chosen asset, click the button marked ‘Trade’ beside it. Then, enter your stake and confirm the trade.

After completing the final step, you will find the cryptocurrency tokens in your investment portfolio.

You can also download the eToro cell phone app if you wish, which makes investing in cryptocurrencies on the go easy.

Cryptoassets are a highly volatile unregulated investment product.

Conclusion

There are thousands of cryptocurrencies to trade, many of which are priced under $1. We whittled the best crypto under $1 down to just 10 to make things easier.

Our number one pick is Lucky Block, which is a blockchain-based cryptocurrency that aims to transform lottery systems and the gaming industry as a whole.

Alternatively, check out the long list of the best cryptocurrency to invest in 2022 at eToro. There are lots of accepted payment types, no deposit fees, and the platform is super simple to use.

Cryptoassets are a highly volatile unregulated investment product.

Frequently Asked Questions on Crypto Under $1

What is the cheapest crypto?

One of the cheapest cryptocurrencies is Dogelon Mars – which is trading at just $0.000001 as of writing. The cheapest cryptocurrency we’ve talked about today is Lucky Block, which is priced ast $0.002 at the time of writing. 

What is the best cryptocurrency under $1?

The best crypto under $1 is Lucky Block. Other notable projects include Basic Attention Token, Fetch.ai, Tron, Chiliz, Ren, Stellar, XRP, Ankr, and Dogecoin. 

Can I invest in bitcoin with $1?

One Bitcoin will set you back over $47,000 at the time of writing. At eToro, you can buy cryptocurrencies from only $10 thanks to the broker’s support of fractional trading. 

Where can I buy cheap cryptocurrency?

eToro offers access to plenty of cryptocurrencies and you can add any to your portfolio by risking just $10. This is because the trading platform supports fractional investing.