Ten Cryptos Trading Below US$1 With Good Utility

When conversations turn to cryptocurrency, usually Bitcoin and Ethereum are the two examples that come up. And for good reason. They’ve been around for a number of years and are the largest and second largest digital currencies by market capitalisation.

These coins’ popularity has caused their price to go up considerably over the years but there was one point when you could buy both of these tokens for under a dollar.

There are thousands of cryptos currently in circulation and many more being added each and every day.

But which ones are the next Ethereum or Bitcoin? While it’s hard to imagine any crypto on the market right now following the same price trajectory as either Bitcoin or Ethereum, there are a number of coins with high utility, which investors can also buy for less than a dollar.

Here are the top ten,

IoTeX (IOTX)

Price: US$0.1009

This decentralised platform is an ecosystem where people and machines interact with guaranteed trust.

This blockchain provides flexibility and scalability for various applications operating on machines ranging from smart home devices to autonomous cars.

Amp (AMP)

Price: US$0.04085

Amp token offers instant and verifiable assurances for any kind of value transfer.

Amp’s system of collateral partitions and collateral managers means certain networks can quickly secure transactions for a variety of asset-related use cases.

Crypto.com Coin (CRO)

Price: US$0.4575

It seems this platform has been everywhere recently, renaming the Los Angeles arena formally known as The Staples Center to Crypto.com Arena.

This up-and-coming blockchain is a payment, trading and financial services company.

Tron (TRX)  

Price: US$0.06707

Tron provides a network where artists can directly connect with their audience, bypassing centralised networks.

For instance, it means musicians can use Tron to sell music directly to their audience without having to pay a middleman like iTunes or Spotify. Great project.

Image source: © Jacky7 | Megapixl.com

Stellar (XLM) Price: US$0.2747

Transaction fees are a real problem for users of blockchains. Stellar’s platform is unique in that it charges a flat fee of 0.00001 XLM, which is minuscule.

This platform’s blockchain helps financial firms connect with one another.

VeChain (VET) Price: US$0.07766

VeChain is best known for its work in the supply chain, which, given the disruptions brought about by Covid, make this a great one to watch out for.

Hedera (HBAR) Price: US$0.2821

Hedera’s sustainable public network allows individuals and businesses to create powerful decentralised applications (DApps).

This platform’s Hashgraph technically, which is different from blockchain technology allows it to improve upon other blockchains in terms of speed, cost and scalability.

Harmony (ONE) Price: US$0.357

This blockchain allows for the creation of DApps but through its sharding process, reduces node verification times this increasing speed and efficiency.

BitTorrent (BTT) Price: US$0.00251

You’ve probably heard of BitTorrent as a peer-to-peer file sharing platform where people download movies and music. What you might not know is it’s become more and more decentralised recently after being acquired by Tron in 2018.

Since then, BitTorrent has also branched out into paid services, offering users “premium” versions of the platform.

Gala (GALA)  Price: US$0.3268

Gala creates blockchain games with a mission to make the best blockchain games available. With the rise of the Metaverse, this is a good one to watch out for.