Crypto market offers great opportunities for long-term, and short-term investors. More and more people are looking for an interesting digital asset to invest in. However, some of the most popular and worth-investing in, are not affordable for everyone. That is why, many people are trying to find some interesting, yet cheap cryptocurrencies, to buy.
Of course, the price shouldn’t be the only factor to consider, when searching for an investment asset. Many of the cryptocurrencies are created as a joke, have no use-case, and don’t seem to have any future. Well, among them are some cheap digital currencies that are worth considering.
We are looking at some of the most interesting, and at the same time cheap cryptocurrencies to invest in:
XRP (Ripple)
Ripple takes a top place in the list of cheap currencies, worth investing in 2022. At the moment of writing, it has a price of $0.495839. XRP has revolutionary technology, and is an established coin, which once again makes it a great investment. Its aim is to revolutionize the banking sector by replacing SWIFT, and becoming the new preferred interbank payment network.
There are already some banks and financial institutions, partnering with Ripple, and confirming its usability.
Ripple is one of the most traded large-cap cryptocurrencies, and specialists believe that it has everything it needs to reach about $10 in the next 5 years.
Stellar
Similar to Ripple, Stellar is aiming to revolutionize the global financial industry, bringing faster, safer and affordable transfers. Currently trading at about $0,11, it is considered to be one of the most promising cryptos, thanks to its strong fundamentals.
Stellar has a well-laid-out roadmap, as well as a strong development team. Furthermore, like Ripple, it has been accepted from the global finance industry.
Experts believe that in the next 5 years it can reach 13X its price, or about $1.5.
Tron
The Tron blockchain is dedicated to content creation and entertainment. One of the proofs for its resilience is the surviving of two major market crashes - in 2018 and 2021.
Tron managed to rebound fast, with a price rise of 3000% above their industry price. Tron is definitely a leader in the blockchain-based entertainment space, and is also highly innovative. Those are only a few of the reasons why it is considered to be a cheap cryptocurrency with a great future.
Shiba Inu
Shiba Inu is surely one of the cheapest cryptocurrencies at the moment. At the same time, it is the second most popular and valuable joke currency with nearly $6 billion market cap. However, it is not expected that Shiba will reach 1 cent, anytime soon.
At the peak of the 2021 crypto market rally, SHIP token price grew by more than 5 million percent. Shiba Inu developers started burning SHIB tokens, and although they cannot burn it to $0.1 it is possible that there will be a positive move that will help ignite a massive price pump.
Cardano
Cardano is another trending crypto, and is considered to be one of the best digital currencies under $1 ($0.38 at the moment of writing). It is the largest smart contract blockchain, as well as the most secure one.
Cardano (ADA) is, 4200% above its initial price, and is among the most undervalued cryptocurrencies. One of its drawbacks is its huge coin supply and the slow adoption of blockchain technology.
Expectations are Cardano will rally 10 times its current price in the next five years.
Although those cryptocurrencies are considered to be a great asset for long-term investment, it is important to say that there is always a risk. As we know, the cryptocurrency market is highly volatile, and it is important to do good research before making any kind of investment, and of course, never invest more than you are willing to lose.
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