Introduction
Want to invest in crypto but don’t have thousands of dollars? No problem! Some of the best investment opportunities come from low-cost cryptocurrencies (under $1) that have huge growth potential.
In this guide, we’ll explore 7 cheap cryptos that could explode in 2024. These hidden gems have strong technology, real-world use cases, and active communities—making them perfect for small investors.
By the end, you’ll know:
- Which cryptos under $1 are worth buying
- Why they could grow big
- Where to buy them safely
- Risks to watch out for
Let’s dive in!
1. Why Invest in Cryptos Under $1?
High Growth Potential
Many big cryptocurrencies today (like Shiba Inu and Cardano) started under $1 before skyrocketing. Buying early could mean huge profits if the project succeeds.
Affordable for Small Investors
Not everyone can buy a full Bitcoin ($60,000+). With cryptos under $1, you can invest $10, $50, or $100 and still own thousands of coins.
But Be Careful!
Not all cheap cryptos are good investments. Some are scams or useless coins. That’s why we’ve picked only the best projects with real potential.
2. 7 Best Cryptos Under $1 to Watch in 2024
1. Stellar (XLM) – Fast & Cheap Payments
- Price (2024): ~$0.12
- Why It’s Good:
- Built for fast, cheap money transfers (like PayPal for crypto).
- Partners with banks and Visa for real-world use.
- Strong team (created by a co-founder of Ripple).
Best For: Investors who believe in cheap global payments.
2. VeChain (VET) – Supply Chain Revolution
- Price (2024): ~$0.03
- Why It’s Good:
- Tracks products (food, luxury goods, medicine) to stop fakes.
- Used by Walmart, BMW, and PwC.
- Growing adoption in China & Europe.
Best For: Long-term holders who want real-world blockchain use.
3. Hedera (HBAR) – Enterprise Blockchain
- Price (2024): ~$0.07
- Why It’s Good:
- Super fast & energy-efficient (used by Google, IBM).
- Governed by big companies (Boeing, LG, Deutsche Telekom).
- Handles millions of transactions per second.
Best For: Investors who trust big-business blockchain.
4. Algorand (ALGO) – Eco-Friendly & Fast
- Price (2024): ~$0.18
- Why It’s Good:
- Zero carbon footprint (green crypto).
- Handles thousands of transactions per second.
- Used by governments for digital currencies.
Best For: Eco-conscious investors.
5. The Graph (GRT) – Google of Blockchains
- Price (2024): ~$0.15
- Why It’s Good:
- Helps apps find blockchain data quickly.
- Used by Uniswap, Aave, and Chainlink.
- Growing demand as DeFi expands.
Best For: Tech-savvy investors who believe in DeFi & Web3.
6. Dogecoin (DOGE) – The Meme Coin King
- Price (2024): ~$0.08
- Why It’s Good:
- Backed by Elon Musk & celebrities.
- Used for tipping and small payments.
- Strong community (could pump again).
Best For: Risk-takers who love viral coins.
7. Tron (TRX) – Decentralized Entertainment
- Price (2024): ~$0.10
- Why It’s Good:
- Hosts NFTs, games, and streaming apps.
- Cheap transactions (good for small payments).
- Founded by Justin Sun (controversial but active).
Best For: Investors who believe in blockchain entertainment.
3. How to Buy Cheap Cryptos Safely
Best Exchanges for Low-Cost Coins:
- Binance (Largest selection, low fees)
- Coinbase (Easy for beginners)
- Kraken (Good security)
Steps to Buy:
- Sign up on an exchange.
- Deposit money (credit card or bank transfer).
- Search for the crypto (e.g., “XLM” for Stellar).
- Buy & store in a wallet (Trust Wallet, Ledger).
4. Risks of Investing in Cheap Cryptos
- Volatility: Prices can drop 50% in a day.
- Scams: Avoid unknown coins with “too good to be true” promises.
- Regulation: Governments may ban or restrict some cryptos.
Tip: Only invest money you can afford to lose.
Conclusion
These 7 cryptos under $1 have strong potential in 2024. While they’re risky, they could 10X or more if the market grows.
Best Picks for Different Investors:
- Safe Bet: Stellar (XLM)
- Real-World Use: VeChain (VET)
- High Risk, High Reward: Dogecoin (DOGE)
