Top 10 cheapest cryptocurrencies to buy right now

Money shouldn’t stop you from trading cryptocurrencies. No matter how much you earn, with as little as a few cents you can start your crypto investing journey.

If you’ve got money to spare, consider these 10 Cheapest Cryptocurrencies You Can Buy Right Now.

1. VeChain (EFP)

The price of VeChain (EFP) as of December 28, 2021, is $ 0.09. Imagine what you can do with just $ 100. But even on top of the price, VeChain is functional in finance and other areas.

VeChain enables businesses to collaborate digitally to facilitate data transfer and supply chain management. BMW, LVMH, ND Walmart are some of the companies using the VeChain blockchain for their operations. The blockchain uses the proof of authority mining model. It has a limited supply of 86.7 billion VET tokens.

VeChain is ranked 32nd with a market cap of $ 6 billion; having such a low cap means it’s still doomed to grow. It hit a record high of $ 0.28 in April 2021.

2. Dogecoin (DOGE)

With the buzz around the Dogecoin (DOGE) it is still very cheap to invest. The price of Dogecoin was $ 0.18 as of December 28, 2021. It is ranked 12th with a market cap of $ 24 billion. It is predicted that DOGE could hit the $ 1 mark by mid-2022, so there is so much earning potential.

Tesla boss Elon Musk has announced his support for the token and is keen to work with the developers. This increased its price to $ 0.73 in May 2021. While there are still concerns about its unlimited supply, it is a cryptocurrency because it can be traded and used to store value.

A total supply of DOGE 100 billion was released at the time of launch. However, due to its inflationary status, over 5 billion DOGEs have been released each year since.

3. Cardano (ADA)

Cardano is still very inexpensive, given its outlook. Its price as of December 28, 2021 is $ 1.51. It is ranked 6th with a market cap of $ 48.4 billion. It has a total supply of 45 billion, of which 32.1 billion are currently available. In September 2021, it hit a record high of $ 3.09.

Cardano, developed by Jeremy Wood and Charles Hoskinson in 2017, is a third generation blockchain. It is the first protocol to use Ouroboros, a proof of stake algorithm. It aims to be secure, flexible, scalable, energy efficient, and it also happens to be one of the cheapest and most promising cryptocurrencies around.

4. Decentralized (MANA)

Decentraland’s price as of December 28, 2021 is $ 3.67. It is ranked 42nd with a market cap of $ 4.8 billion. There is a total supply of 2.2 billion with 1.3 billion currently in circulation.

Decentraland is the first decentralized platform owned entirely by its users. It’s a 3D world. It has been developed since 2017 by the Decentraland Foundation, founded by Esteban Ordano and Ariel Meilich. However, it was made public in January 2020. Decentraland is a virtual world (metaverse) built on the Ethereum blockchain. As it stands, it is one of the cheapest cryptocurrencies you can invest in right now.

5. Polygon (MATIC)

The price of MATIC as of December 28, 2021 is $ 2.65. It is ranked 14th and has a market cap of $ 18.2 billion. Of the 10 billion planned for the total supply, 6.9 billion are already on the market. It hit an all-time high of $ 2.92 on December 27, 2021.

Polygon was previously known as Matic Network when it was founded in 2017 in India. But it was renamed Polygon in February 2021. It is a Layer 2 blockchain protocol created as an additional layer for the Ethereum blockchain. This was to help it increase its size, efficiency, security, interoperability and user-friendliness.

6. Polkadot (POINT)

Polkadot is a blockchain where users can create and run their blockchain. As of December 28, 2021, the price of DOT is $ 29.40. There is a total supply of 1.1 billion. It peaked at $ 54.98 in November 2021. It is currently ranked 10th with a market cap of $ 31.4 billion.

It is a “blockchain of blockchains”. It was developed to solve the blockchain trilemma: security, scalability, and decentralization. The blockchain has two structures: the relay chain (the main network where transactions are processed) and the parachain (the user’s blockchain that uses the resources of the main network).

seven. Chain link (LINK)

Chainlink is an oracle node framework that makes data and information from non-blockchain sources available to smart contracts. LINK’s price as of December 28, 2021 is $ 22.19 and it is ranked 19th with a market cap of $ 10.3 billion. 467 million of the billion total offers are currently in circulation. It hit an all-time high of $ 52.70 in May 2021.

8. Fantom (FTM)

The price of the FTM as of December 28, 2021 is $ 2.27. In October 2021, it peaked at $ 3.46. It has a total supply of 3.2 billion, and 2.5 billion is currently in the market. It is ranked 33rd and has a market cap of $ 5.79 billion.

It is a blockchain for dApps and digital assets. It is a modular, efficient, scalable, secure, open and environmentally friendly smart contract network. The consensus mechanism of this blockchain is composed of a Byzantine Fault Tolerance Asynchronous Proof of Stake (PoS) (aBFT) and is called Lachesis. Like Ethereum, it has Fantom Virtual Machine for developing dApps. FTM is its native token. As well as being a part of the Mainnet, 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 when Elon Musk posted a Floki, a Shiba Inu dog, on his Twitter. It is currently ranked 19th with a market cap of $ 19.7 billion. There is a total supply of 100,000 billion, and 549,149.6 billion are currently in circulation.

Shiba Inu is a coin associated with the Japanese dog Shiba Inu. It is an Ethereum based token. The Shiba Inu ecosystem consists of three tokens, including SHIB, LEASH, and BONE. ShibaSwap, Shiba Inu Incubator and Shiboshi are platforms that exist in the ecosystem. Although it has limited uses, it comes at a very low price and would make good returns in case its price skyrockets in the near future.

ten. The sandbox (SAND)

The price of SAND as of December 28, 2021 is $ 6.07. Of the total 3 billion offers, 919.5 million uss are currently in circulation. In November 2021, it hit an all-time high of $ 8.40. It has a market cap of $ 5.6 billion and is ranked 35th.

The Sandbox is a playable metaverse built on the Ethereum blockchain. The metaverse is made up of VoxEdit (a platform where users can create and animate 3D objects), the Sandbox Marketplace (a place where assets can be published and traded), and Game Maker (an app that allows users to create 3D games for free). The ecosystem is powered by an ERC-20-SAND token. It is used to trade ASSETS, play games, buy LAND and create avatars. It can also serve as a governance token that can be used on the DAO Sandbox.

Before purchasing any of these coins, be sure to use only your spare cash. Crypto is a very risky investment. You can easily enjoy as much as you can easily lose. Do your research and use the average cost before purchasing a part.