Best Crypto Under $1 to Buy

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.

With this in mind, today we analyze the 10 best crypto under $1 for 2024.

Full Reviews of the Best Crypto Under $1 to Invest in 2024

Having scoured the market, we believe the cryptocurrencies discussed below represent a worthy addition to any investor’s portfolio. Many investors looking for the best crypto under $1 to invest are also searching how to earn free crypto in 2024.

To aid the decision-making process for investors, we divulge key points surrounding the project’s business model, use cases, market cap, and more.

1. Wall Street Memes (WSM) – Overall Best Crypto to Buy Under $1

Wall Street Memes is an under $1 memecoin project that bills itself as a new movement in memecoin. Inspired by Wall Street Bets, the Reddit group that gained legendary status in 2021 for its antics that brought hedge companies to their knees, Wall Street Memes aims to turn memecoins – assets that are perceived as useless – and use them to generate wealth for its community.

Powering this community are its 1 million followers spread across four social media platforms. They engage in quirky conversations with each other through memes, memes that focus on bringing humour to the current financial status of the world. These “social media artworks” have gone popular enough to get the attention of Elon Musk, the Dogecoin hypeman whose words hold the most value in the memecoin space.

Wall Street Memes have no apparent utility. Its main goal is to get listed on popular exchanges and DEXs and attain a $1 billion market capitalization. And once the project is up and running, it will create a gated community of its best followers, providing exclusive content, early updates, and interactive experiences.

Launched amidst the memecoin mania, but as a presale, Wall Street Memes is honest about its intention. It doesn’t offer a promise of utility that may or may not become a reality, it doesn’t offer a robust roadmap to hype people up, and it does not make any false promises. All it does is offer a chance to those who want to leverage the power of memes to turn memecoins into viable investment assets.

2. Launchpad XYZ (LPX) – Under $1 Crypto Powering All of Web 3

Taking a completely different path from our first entry is Launchpad XYZ. It does promise to provide an extensive utility that encompasses all the facets of Web 3. Aiming to create an all-in-one ecosystem that will help investors find suitable Web 3 projects, Launchpad XYZ is a crypto project that adds a human touch to decentralization.

It aims to offer all tools that users need to be successful in Web 3. To novices, Launchpad XYZ offers trading alpha, a training-cum-trading tool that would help them make money while learning the nuances of crypto trades. For veteran investors, the Web 3 project offers analytics and strategy tools that give them a bird’s eye view of the market after considering all the technical and sentimental factors that move the crypto prices.

Beyond that, Launchpad XYZ offers a launchpad for those who want to create their own decentralized applications and Web 3 project. And beyond even that, it offers analysis tools that let people find suitable Web 3 projects.

NFT enthusiasts would be able to leverage Launchpad XYZ to find the best upcoming NFT projects and get access to exclusive deals. Investors can use the tools available on Launchpad to find the best utility tokens. From the presale that holds the most potential to a P2E game that can deliver the most fun and profit, Launchpad XYZ offers a way to find everything using one indicator – Launchpad Quotient.

Launchpad Quotient, or LQ, is a metric that combines 400 different technical and sentimental parameters to score a project, giving users much-needed insight into the investment of their choice.

Powering this extensive ecosystem is LPX, an ERC-20 token that is currently available as a presale. With over $1.1 million raised so far, Launchpad XYZ is gaining attention from many in the crypto space.

3. Evil Pepe Coin (EVILPEPE) – Under $1 Crypto Inspired by Pepe Coin

Evil Pepe Coin is a memecoin presale that you can buy for under $1 that encompasses the sentiment that drives people to invest in memecoins. The current memecoin mania has created an onslaught of memecoin projects that launched, went up by triple digits, and retraced, leaving many holding the bag at peaks.

Inspired by Pepe Coin, Evil Pepe Coin focuses on the sentiment of the community rather than providing a utility. Its goal is to reach a $100 million market capitalization, and its aim is to generate profits for those who are able to move early.

Combining the chaotic energy of meme culture with the allure of financial speculation, Evil Pepe Coin aims to create an audacious community that shows off the mischievous side of memecoin – one that is full of humour, a fair bit of trolling, and the potential to generate massive profits in a short time.

There are 6.66 billion tokens in total, 90% of which have been dedicated to the presale, and 10% are being put inside the liquidity lock. So, for those seeking affordable crypto with the potential to generate massive short-term gains, Evil Pepe Coin could be a great buy.

4. BTC20 (BTC20) – Under $1 Bitcoin for the Ethereum Blockchain

While BTC20 is not available for under $1, you can buy it at just $1 right now. Following the same route that the original Bitcoin took in 2011, BTC20 seeks to create a stake-based ecosystem where investors can “mine” BTC20 – Bitcoin on the ERC-20 blockchain – through staking.

It has followed Bitcoin’s tokenomics to the tee. Like the oldest cryptocurrency, it also has a total supply of 21 million. And similar to how Bitcoin offered 3 million tokens initially at $1 per token, BTC20 is offering its 3 million at the same valuation via its presale.

The second phase of presale will see BTC20 selling off another 3.05 million tokens. The remaining 14.95 million tokens will be locked inside the liquidity contract, where they will be released as staking rewards for investors over the next 120 years.

By treading the same path as Bitcoin, BTC20 is an inclusive crypto that is taking a greener and more affordable approach to allow beginners to invest in a Bitcoin. The current craze of Proof-of-Stake gives it the potential to gain the same level of notoriety as Bitcoin, which may give it the same value in the coming days.

5. Chimpzee (CHMPZ) – Under $1 Green Crypto Aiming to Protect Endangered Animals

Chimpzee is a green crypto that you can buy for under $1. This project infuses three prominent earning mechanics to give investors a chance to make gains while interacting with the ecosystem while protecting the environment and endangered species.

The first mechanic is “Shop-to-Earn”, which involves the Chimpzee shop from which users can buy Chimpzee-based products and merchandise. Shopping here will reward users with CHMPZ tokens, and a portion of the profits generated at the shop will go to eco-focused organizations.

With “Trade-to-Earn”, Chimpzee’s second earning mechanic, plans to share the profits made by its NFT marketplace among traders. Those with the Chimpzee NFT passport will get a bigger chunk of the profits.

Chimpzee also has included a “Play-to-Earn” ecosystem that gamifies environmental protection by making it more rewarding and milestone-oriented. Known as the “Zero Tolerance Game”, Chimpzee’s game will reward users as they complete certain milestones. While the project hasn’t revealed the exact nature of the games, we believe that it is a hybrid game that combines your physical contribution to the environment with virtual gameplay.

Currently priced at $0.000775, Chimpzee’s native crypto – CHMPZ – is available as a presale that has already raised more than $900k. Interested parties should consider investing while the price is still sub $1.

6. 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 this digital token only intended to mock the cryptocurrency space, Dogecoin soon turned into a multi-billion dollar movement.

In 2021, Dogecoin became the de-facto 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 most popular crypto to buy on Reddit. At the time of writing, Dogecoin carries a market capitalization of nearly $10 billion and ranks number 10 on CoinMarketCap.

Outside of Reddit however many do consider Dogecoin a ‘shitcoin‘.

Cryptoassets are a highly volatile unregulated investment product. 

7. 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 solve 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 globally recognized 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 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 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. 

8. Tron (TRX) – Invest in a 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 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 Web 3.0, NFTs, 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 billion.

Cryptoassets are a highly volatile unregulated investment product. 

9. 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, Epic is a notable brand in this industry.

The Gala project is developing Web 3.0 games and aims to reinvent the industry through decentralization, incentivization 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 and accelerate value increases for 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 just over $410 million and is a little less than $0.60 per coin.

Cryptoassets are a highly volatile unregulated investment product. 

10. 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 globally, 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 is being embraced by a sizable number 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 also has use cases in the auto industry, which includes a contract with BMW. Samsung and Microsoft also support Enjin. The market capitalization of ENJ is just $557 million as of writing.

Cryptoassets are a highly volatile unregulated investment product. 

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

The team has also 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 and investor portfolios to previously heights. The market capitalization of SHIB at the time of writing is over $7.5 billion.

Cryptoassets are a highly volatile unregulated investment product. 

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

Another project to consider on our list 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 to reach the unbanked are two of its primary goals. Furthermore, 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 is 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 nearly $3 billion and is priced at less than $0.15.

Cryptoassets are a highly volatile unregulated investment product. 

Is it Worth Investing in Crypto Under $1?

Whether or not it’s worth investing in cheap cryptos depends on the aspirations of each individual trader. 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 look to gain exposure to the best crypto under $1.

Buy Larger Amounts of Tokens

One reason investors decide to buy crypto under $1 is to purchase large amounts of a token they believe will make them long-term gains.

For example, if an investor has a budget of $100, they could opt to buy just a tiny fraction of a high-priced token like Bitcoin.

Alternatively, they might buy hundreds or even thousands, of digital tokens from a penny crypto in the hope that it blows up and they make an attractive profit.

Read More: Check out our guide on the top crypto projects with the most potential.

Earn Rewards and Win Prizes

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

• For instance, Wall Street Memes is not only a coin with big potential, it will offer rewards via its gated community.
• Launchpad XYZ offers multiple ways to earn through its all-encompassing Web 3 ecosystem.
• BTC20 is implementing a unique stake-to-earn mechanic

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 analysis of the most promising crypto assets.

We included everything from fantasy sports blockchain games to meme crypto assets and payment networks.

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, below, 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 use the eToro platform to trade. It is a highly regarded social trading website that offers a wide range of crypto assets at just a 1% commission. eToro is regulated by multiple financial bodies 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 from just $10 or more. As crypto assets like Dogecoin are under $1, investors can buy more than a hundred digital coins or more when meeting the minimum.

A paper trading account with $100,000 is available for all investors and the eToro cell phone app allows users 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-investor 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 – Smart Portfolios. These allow investors to gain exposure to a professionally managed basket of crypto assets via a single trade.

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 supported. The account may also be funded via wire transfers and ACH.

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

This guide has analyzed the best cryptocurrency to invest in 2024. Wall Street Memes came out as the best as it combines the fun of memecoin with the quirkiness of the community.

Launchpad XYZ is also a good pick as an innovative ecosystem which includes every aspect of Web 3, including cryptos, metaverses and NFTs.

FAQs