10 Cheap Cryptocurrencies With a Future 2022

1 24
Avatar for cryptodotcom
1 year ago
  • Are you looking for cheap cryptocurrencies that have a future in 2022? Here is a detailed list of the best cheap cryptocurrencies that have a future and are expected to be profitable in 2022.

Cheap digital currencies have known a great spread and boom in recent days, especially for day traders and speculators. Cryptocurrencies as low as $1 or maximum of $5 are attractive coins for investors who have the ability to take great risks with the potential to make a big profit. While investing in cheap cryptocurrencies can sometimes be profitable, you should not invest within what you can afford. As great as the potential is, it may also involve great risks for beginners.

The best cheap cryptocurrency has a future 2022

The main purpose of this list is to draw your attention to cheap cryptocurrencies with great growth potential, in terms of market capitalization and have already witnessed significant developments and exciting and growing interest from investors.

Sponsors of cryptodotcom
empty
empty
empty

1. The Shiba Inu . coin

Shiba Inu is one of the anonymously created Dogecoin meme - inspired by the Japanese dog breed of the same name, Shiba Inu. Despite its strange beginnings, Shiba Inu has a market capitalization of nearly $13 billion, according to CoinMarketCap. It is one of the many cryptocurrencies currently available, but it is the most famous and most popular among them.

The Shibu Inu coin has its appeal as a meme that is widely supported by its growing community. This community has created a non-fungible token project around the Shiba Inu coin. According to the Shiboshis website, NFTs, called Shiboshis, have traits that are compatible with the upcoming Shiboshi game. Players who own Shiboshi will be able to use it in play. This means that Shiba Inu could join the ranks of gambling currencies such as Decentraland, to expand its appeal and possibly boost its growth.

2. Decentraland (MANA) currency

The Decentraland project is a platform built on the network of the Ethereum blockchain. It uses the MANA token to be its main currency. Through these tokens, plots of land are purchased, built, leased, and earned a stable income. There are no restrictions on what people can build or share in this virtual world. It is the first fully owned digital platform for its users, and its concept is very similar to the popular game Second Life.

Here are three main factors that make MANA token on our list of the best cheap cryptocurrencies with a future in 2022:

Over $1 billion invested in MANA. This is well above the market value of the vast majority of coins.

It has excellent liquidity, which can be bought, traded or sold on about 100 different trading platforms. As of January 2021, Binance, OKEx and Coinbase Pro are among the most liquid exchanges for MANA.

With its exposure to the growing NFT market, Decentraland has a bright future and is considered one of the leading promoters of the digital real estate sector.

However, cryptocurrency traders should be especially careful when trading cryptocurrencies, as they are very volatile.

3. Coin (SAND) Sandbox

Sandbox is a blockchain-based metaverse, a virtual game that uses a play and win model. This game allows users to create, buy, sell and collect digital assets. Pixowl created the game in 2011 to bring smart blockchain technology into mainstream games according to CoinMarketCap.

With the current hype around the world of metaverses, with even Facebook changing its name to Meta, blockchain games like The Sandbox may have just begun.

4. Polygon Coin

Polygon is a blockchain-level interoperable platform compatible with the Ethereum Smart Network. The MATIC coin, which is used for governance, storage and gas payment purposes, remains centralized. Polygon is a framework for creating interconnected blockchains that uses a revolutionary side-scrolling solution to overcome some of the major shortcomings of Ethereum, such as throughput, poor user experience (high speed and late transactions), and lack of community control. The Ethereum layer, the security layer, the Polygon networking layer, and the execution layer are the four layers that make up the Polygon architecture. The Polygon project is one of the recent attempts at blockchain interoperability and scalability and this project aims to alleviate some of the obvious limitations of projects like Polkadot and Cosmos.

5. Basic Attention Token

It is called the currency of short (BAT). By 2021 its price was $0.2, and it started gradually rising. With the boom in the cryptocurrency market, it reached an all-time high, with its price reaching $1.53 on the ninth day of last April. But the price fell below $1 when the cryptocurrency market crashed in a month, and the price of BAT in particular fell to $0.48.

After recovering from the market crash, the price of BAT started rising again, reaching $0.98 last September. Once again, market turmoil due to Chinese restrictions brought the price down to $0.58. But the price of the currency soon returned to rise, as it reached 0.69 dollars last December.

BAT coin is one of the digital currencies for which analysts predict a promising future. It appeared a short time ago, and during this period it succeeded in occupying an advanced position among all the digital currencies that appeared years ago. It helps online advertisers make more money, gives users a high degree of security and privacy as their data is untraceable, and protects them from malware.

6. VeChain

If you are really looking for a cheap coin with a future, then VeChain coin might be what you are looking for. Even at the current price level, an escalation of the sell-off would expose persistent vet investors to significant losses. As a result, in order to improve the stability of the short-term portfolio and secure a profitable future, it is better to allow the digital asset to liquidate the last of the weak equity holders thus making the price structure clear. VeChain, the currency of the blockchain-based VeChain Thor network, is impressively used to transfer value across the network. The VeChain Thor Blockchain is specifically designed to manage the supply chain and business processes through the use of distributed ledger technology.

7. The Graph Coin (GRT)

The price of the GRT coin reached a high of $2.99 ​​on February 12, 2021, before declining along with many other cryptocurrencies especially when the January 24 drop.

This coin is currently trading at $0.45 with a market capitalization of just under $5 billion. Some analysts say that the GRT’s Indexing Protocol has established itself as a critical component of the global decentralized finance (DeFi) infrastructure, and as a result, the token could return to an all-time high and beyond by the end of this year.

In a similar way to how search engines like Google index the Internet, Graph is a decentralized indexing protocol used by blockchains like Ethereum. Currently, it supports nine networks, including Ethereum, Polygon, CELO, and BSC.

8. Algorand coin (ALGO):

The current price of this coin is 1.01 USD. It is considered one of the cheap coins that has a prosperous future in 2022.

The Algorand coin, which stands for ALGO, appeared in the year 2019, and at that time it received great interest and a very strong price jump that reached 1.53 USD. ALGO’s blockchain-based coin network aims to enable applications to take advantage of the opportunity to include digital payment services more smoothly and more easily. The project of this coin came mainly as a solution to the problems of the blockchain network with regard to the speed of transaction execution and graphics, as the ALGO network provides a very fast transaction execution time of up to two seconds per transaction and charges much lower fees.

Algorand Coin can process over 1 million transactions per day and is able to provide the security and scalability needed to support accounts that require reliable performance guarantees. This will help our currency to gain more use cases which will boost the price. You should also know that the price of the Algorand coin does not rise or fall at a rapid pace, meaning that it may stay at its current price for months before making an advance in the price. This means that it is a suitable currency for long-term investment, not short-term.

9. DOGE

After a shady past, this coin has made a comeback thanks to Elon Musk's nickname "Dodgemaster". No one expected this digital currency, which was created in 2013, to become legitimate, let alone be included in the top list of cryptocurrencies. Dogecoin is the currency that came to prominence earlier last year, thanks to Elon Musk. It is the cheapest cryptocurrency to buy in 2022. Currently, Dogecoin is one of the cryptocurrencies that many analysts consider a viable investment option.

The cryptocurrency was on its way to the top in the last month of the year, having returned more than 8000 percent that year. It had crossed $0.50, raising its market value to an all-time high of $80 billion.

10. ADA Cardano coin

According to Coinbase, Cardano is a blockchain platform built on a proof-of-stake consensus protocol called Ouroboros, which enables it to verify transactions without high energy costs. According to its developers, the Ouroboros mechanism allows decentralization of the Cardano network and provides the ability to sustainably scale to global requirements without compromising security.

Due to its flexible network and fast transactions, Cardano is expected to remain one of the most popular cryptocurrencies. According to Coinbase, Cardano is a “blockchain” built on a protocol called Ouroboros, which can verify transactions without high energy costs.

0
$ 0.00
Avatar for cryptodotcom
1 year ago

Comments

There are so many opportunities in some potential coins today. The Dip has also made AWC token affordable too and I can equally say is cheap now but I suggest it really need urgent action before the price escalate beyond. More about AWC token - https://atomicwallet.io/token

$ 0.00
1 year ago