Best Crypto Under $1 for 2023

Finding the best crypto under $1 isn’t the easiest of tasks. After all, the crypto market is flooded with digital currencies that fall into this category – often a crypto project still has a high market capitalization but each token is priced well under a dollar due to the high total supply of those tokens.

To point you in the right direction and help you to make an informed decision, this guide explores many of the best cryptos under $1 to consider adding to your portfolio today, that don’t have a one quadrillion maximum supply like Shiba Inu or a $10 billion market capitalization like Dogecoin.

Best Cryptocurrency Under $1 to Buy in 2023

Below is our top list of the best cryptocurrencies to invest in this year – all of which are priced at under $1.

For more details surrounding the best crypto under $1 – we review each potential investment below. On our list are several of the best emerging cryptos – brand-new crypto projects on presale or recently launched.

A Closer Look at the Best Crypto Under $1 to Invest in

When it comes to investing in cryptocurrency, choosing from the thousands of active digital currencies can be daunting. We’ve saved you some time and compiled a list of the top cryptos under $1 to buy now:

1. Meta Masters World – Overall Best Web3 Gaming Crypto Under $1 to Buy in 2023

$MEMAG, the native cryptocurrency of Meta Masters World’s Web3 gaming guild, is our top pick for the best token to purchase under $1. We have picked this digital asset since it offers high utility within the platform’s gaming ecosystem, provides staking benefits to users and can be purchased at a low price through its ongoing presale.

Aiming to cement its legacy within the Web3 and metaverse space, Meta Masters World is offering a revolutionary decentralized and mobile-focused gaming platform. This project positions itself as a play-and-Earn platform – since it does not want to solely attract users for the monetary benefits. By teaming up with some of the top Web3 gaming developers, such as Gamearound, Meta Masters Guild wants to offer exciting gameplay. The $MEMAG token can be used within the platform to acquire GEMS – the in-game currency.

Gems can also be earned by the highest performers within the gaming ecosystem. Players also earn rewards by contributing to the development of projects and content creation.  The first mobile cryptocurrency game that Meta Masters Guild will release is Meta Kart Racers, a racing game where one can collect Gems and compete in Player v Player environments.

Gamers can also purchase NFT items from an online store and compete against other fictional warrior classes on NFT Raid – a fantasy fighting game. The final project will be Meta Masters World – the metaverse environment which Meta Masters Guild is working on.

According to the project’s whitepaper, Meta Masters Guild will soon be working on new project developments and the Alpha launch of Meta Kart Racers. All these use cases have generated a lot of buzz for Meta Masters Guild, as it has been featured on popular YouTube channels and websites, such as CoinTelegraph.

350 million of MEMAG’s total 1 billion token supply is being made available for the ongoing presale. Investors can buy $MEMAG for $0.007 during the first presale round. However, the price will rise to $0.023 by the final round – a 228% increase. Join the Telegram channel to learn more about this project.

2. Fight Out – New Move-to-Earn Crypto Rewarding Healthy Lifestyles

$FGHT is a move to earn token from Fight Out that’s available for under $1 during its presale. This token’s price is likely to increase once listed on exchanges, so it’s best to invest in it now.

Currently, $FGHT is in stage 1 of the presale and investors can buy Fight Out tokens at $0.016. The coin remains the same value throughout the presale, but investors are entitled to bonus tokens, depending on their original investment and the vesting period they select.

Fight Out has allocated 90% of the tokens to its presale and only 10% to exchange liquidity. $FGHT tokens will be scarce once they’re listed on exchanges and the price could surge due to its increased exposure and limited supply.

One of the reasons investors value this project is that it rewards investors with tokens for pursuing an active lifestyle. Not only are steps rewarded but so are movements. Users also receive rewards for growing the community and completing challenges.

Fight Out offers its in-app currency REPS as rewards and enables users to redeem them for merchandise, remote trainer sessions and NFTs. Investors can buy more REPS with $FGHT tokens and use them for discounted subscriptions to the platform and even membership to Fight Out gyms, which will be located in the hottest spots globally.

Investors can get more information about this coin by joining the Telegram channel and reading the Fight Out whitepaper.

This ecosystem is working to sign professional fighters who will represent the brand as ambassadors. These athletes will take the Fight Out brand to the mainstream, which will provide more exposure for $FGHT coins.

3. C+Charge (CCHG) – Top Crypto under $1 Allowing EV Owners to Earn Carbon Credits

C+Charge is the first platform to enable EV drivers to earn carbon credits as rewards for charging their vehicles.

Thus far, the project has raised over 32,000 USDT within just a few days of its stage 1 presale launch. Buyers have the opportunity to purchase the tokens at a price of only 0.013 USDT per token. Buyers should grab the tokens while the prices are relatively low.

The project has successfully identified and filled in the gaps in the EV charging ecosystem with its unique app. The users have the option to receive carbon credits by just using the C+Charge tokens for paying the charging fees.

Consequently, EV owners can offset their carbon footprint by simply utilizing the $CCHG tokens to make payments for charging their vehicles. The EV drivers can also store $CCHG and carbon credits in their crypto wallets.

Moreover, C+Charge has built a revolutionary app for EV owners that helps them track their updated carbon credit balances. Besides, users can also see real-time information pertaining to waiting times at charging stations, pricing, and so on.

The platform’s one-of-a-kind app has a geolocation feature that enables EV drivers to discover the nearest charging station. Users can choose to go through C+Charge’s whitepaper to get a deeper understanding of its various features.

$CCHG Tokenomics

The project’s native BEP-20-based token is a limited supply token. Out of its total supply of 1 billion tokens, 40% of the tokens would be available for sale via the project’s 4 presale stages.

Interestingly, whenever a user utilizes $CCHG tokens to make payments for charging EVs, these tokens will be taken out of the ecosystem. Hence, this would make $CCHG deflationary and help maintain its value in the coming years. At press time, buyers can purchase $CCHG at a low price of 0.013 USDT per token. Users can consider joining the C+Charge Telegram channel to stay on top of the latest updates.

4. RobotEra – New Metaverse Token Presale Under a Dollar

RobotEra is a brand new metaverse gaming platform that gives players access to a range of world-building tools in its ecosystem. The native token, $TARO, is currently on stage one of a three-round presale, priced at $0.02.

TARO runs the in-game economy on the Taro Planet – where players can take part by accessing 3D avatars of ‘Robots’. The Robots are minted as NFTs and are playable across an open world of seven different continents. Tipped as the next rival to The Sandbox and Decentraland, RobotEra allows players to purchase and build on Land NFTs – which can then later be traded on its online marketplace.

One of the most talked about new crypto games, RobotEra also lets players submit digitally created artworks, and invite NFTs from other communities to the ecosystem’s world. Its Robot NFT collection is limited to 10,000 unique NFTs and can potentially increase in floor price over the long term with an increase in demand.

Since some of the most lucrative altcoins have not been performing well in 2022, many investors are diversifying into new presales and cheap tokens with high growth potential. With TARO’s low cost of $0.02 per token, the metaverse platform can be easily accessed by cost-conscious buyers.

For more details on the project, read the RobotEra whitepaper. After stage one of the presale ends, stage two will increase the TARO price to $0.025. The final presale stage will list TARO at $0.032 – a 60% price increase. Therefore, early investors have the opportunity to buy TARO at a lower price and benefit from its rise in value before exchange listings.

Read our how to buy RobotEra token guide for more information on investing in this low cost presale. Join the RobotEra Telegram channel to stay updated with this project.

5. IMPT – Best ESG Crypto Under $1 to Invest in with Upcoming IEO

IMPT is an exciting crypto project that will help fight global warming and is now set for its initial exchange offering on leading decentralized exchange Uniswap.

This means potential investors can buy IMPT tokens IEO on December 14, 2022, on Uniswap.

IMPT has been one of the best crypto presale projects of 2022, sold out ahead of schedule and has already raised more than $20.5 million, with investors excited by the project’s real-world utility.

Analysts are expecting the coin to pump in price following the presale given the excitement around the long-term potential of the project and its listing on one of the biggest DEXs in the crypto space.

Listings on major centralized exchanges LBank and Changelly have also been announced. LBank will list IMPT token on 14 December 2022 from 10:00 UTC. But investors can stay up to date with the latest listing information by subscribing to the Telegram group

IMPT will help fight the climate crisis by allowing investors and users to offset their carbon footprints – they do that by buying or earning IMPT tokens and then converting those into carbon credit NFTs which can be traded, held as investments or burned to fight global warming.

As well as being bought directly, tokens can be earned while shopping, with IMPT agreeing to affiliate partnerships with more than 10,000 major retailers including Amazon, Samsung, LEGO and Macy’s.

Carbon credits are permits that allow a holder to emit carbon dioxide into the atmosphere by funding conservation projects around the world.

While the voluntary carbon market is currently worth only $2 billion annually, Bloomberg estimates it will grow to be worth $50 to $100 billion in the next decade.

Built on energy-efficient Ethereum, IMPT features a fully doxxed team and has had its token smart contract audited by Hacken. It was also rated by CoinCodex and CryptoPresale.scom as one of the best crypto projects of the year.

Read through the IMPT whitepaper to find out more about this project.

6. Tamadoge – New Crypto Presale to Buy Under $1

While large-cap cryptocurrencies like Bitcoin and Ethereum have provided investors with significant returns in the last decade, many are looking for more affordable and upcoming crypto projects. With the growth of the metaverse since 2020, we recommend Tamadoge as the best crypto under $1.

Tamadoge is the native cryptocurrency and utility token of the Tamaverse – a decentralized platform that aims to provide play-to-earn (P2E) features by combining gaming with DeFi (decentralized finance) protocols. The Tamaverse lets players buy Tamadoge pet NFTs with TAMA – which are unique avatars which have been minted via smart contracts.

With Tamadoge pets, players can train their individual and tokenized assets and compete in monthly leaderboards to earn TAMA as rewards. Winnings are claimed from liquidity pools known as “Dogepools”, which is how the platform distributed and stores tokens. Another interesting feature of TAMA is that it is a deflationary asset.

Since multiple altcoins like Doge and Shiba Inu are inflationary due to their unlimited supply, Tamadoge has a max supply of 2 billion. Whenever players purchase items on the Tama store with TAMA, 5% of all tokens spent are burnt. 30% is used for marketing purposes, and the remaining 65% is deposited into P2E liquidity pools.

Currently, TAMA has begun its presale launch in Q3 2022 and has become one of the top trending cryptos on the market after raising almost $15 million in funding – and the final 20% of presale tokens set to be sold by the end of the month.

As part of the Projects roadmap, Tamadoge will also reserve 20% of its supply for listings on decentralized and centralized exchanges, with a listing on LBank already confirmed.

CoinSniper has verified this soon-to-be Metaverse game, and Solid Proof has completed an audit. Investors can purchase this best crypto with the most upside potential during the presale period now.

7. Battle Infinity (IBAT) – Best Crypto Under $1 for 2023

Also leading the way when it comes to the best crypto under $1 is Battle Infinity. Although not yet released, Battle Infinity has already begun generating hype within the market thanks to its unique combination of ‘play-to-earn’ gaming features and metaverse-based concepts. This platform also offers NFT and DeFi applications – making it a true ‘all-in-one’ ecosystem.

Within Battle Infinity’s platform, there are six distinct features, each offering a way to generate income in an engaging way. The IBAT Premier League feature functions much like a standard fantasy sports league, except it is blockchain-based and structures each player as an NFT. Due to this, Battle Infinity’s investors can trade these NFTs and benefit from value increases in the secondary market.

Battle Swap is the platform’s native DeFi exchange, allowing users to swap $IBAT (Battle Infinity’s native BEP-20 token) for other coins. $IBAT looks set to become one of the best DEX coins if the team’s roadmap is achieved since this token is used for rewards distribution and staking. Players will also be able to use $IBAT within Battle Infinity’s built-in NFT marketplace – which offers items for avatar customization.

The ‘Battle Arena’ acts as Battle Infinity’s virtual world, where players can create avatars and interact with others. There are also plans to allow players to purchase plots of virtual land, which they can use to generate income through in-world advertising.

IBAT sold out its presale allocation in just 24 days and has since risen to new all-time highs after listing on PancakeSwap and LBank, with a current market cap of $40 million, With more listing expected in the near future and staking set to go live soon, the price is expected to surge again.

Prospective investors can learn more about this exciting crypto under $1 by joining the official Telegram group, where all important updates are released.

8. Lucky Block – Popular Crypto Under $1 Within the Crypto-Gaming Niche

Lucky Block hit an all-time high of just under one cent in Q1 2022 ($0.0097) shortly after its January 26 launch and has now corrected, so is another option for the best new crypto under $1.

This project is building a decentralized NFT competitions and crypto jackpots platform on the Binance Smart Chain – we reviewed it on our top crypto giveaways post.

Lucky Block intends to dramatically boost transparency and fairness by conducting these jackpot draws using blockchain technology rather than traditional ‘offline’ methods. Furthermore, because the draws are open to anybody in the world, this crypto project will be able to provide more frequent and higher prize payouts.

As an investor looking for the best penny crypto tokens, Lucky Block’s price point will appeal to you. Not only that, but Lucky Block’s creators have included a number of features that make owning its token an excellent option to produce a long-term profit.

According to its creators, 10% of each jackpot will be distributed as a reward to Lucky Block investors. Another 10% will be used for growth and marketing, and a further 10% will be donated to charity.

The project has recently launched its V2 coin, built on Ethereum, which eliminates the 12% fees of the V1 coin and makes it easier to list on centralized exchanges – V1 holders will be able to convert to V2 when a bridge goes live on October 3.

Withe the project also announcing a 1% monthly burn and more listings in the pipeline, LBLOCK appears to be a bargain for people looking for the best penny crypto opportunities.

9. The Hideaways – The Next Crypto To Explode As It Revolutionizes Property Investment

The Hideaways is revolutionizing luxury property investment, still early in its presale. By combining the luxury real estate market with NFTs and crypto, users can invest in luxury properties for as little as $100.

It is considered the world’s first luxury real estate investment platform that allows users to invest in a fully managed portfolio of luxury properties through fractional ownership.

Each NFT minted by Hideaways is backed by a luxury property in the portfolio. The NFT is then fractionalized into little pieces, allowing investors to purchase ownership of the luxury property for as little as $100.

As a result, NFT holders can benefit from the following within the ecosystem;

• Capital gains through real estate price increases
• Secondary market NFT gains
• Passive income through rental yield – around 20% APY
• Secondary passive income by staking HDWY token

As the NFT is backed by luxury property, the minimum value of your investment is always tied to the value of the physical property. However, users also gain additional exposure to the secondary NFT market, allowing them to trade their ownership of the NFT to bank some profits.

Furthermore, owning the NFT grants holders passive income through rental yield associated with the property, just as you would receive through traditional real estate investment.

Each luxury property is purchased through a Special Purpose Vehicle (SPV), a legal entity with its own bank account where rental income is received. The rental profits, minus expenses, are distributed to NFT holders monthly through the HDWY dashboard in USDT or ETH.

Owning one of the NFTs also grants access to Club Hideaways, which has multiple benefits, including:

• Monthly prize draws
• Discounted access to worldwide travel experiences
• Lounge access
• Win all-inclusive holidays

Lastly, it’s important to mention that Hideaways gives investors total control over their portfolio, allowing them to easily switch ownership of luxury properties seamlessly due to NFT technology.

Our analysts have a strong track record of picking out presale coins, and The Hideaways (HDWY) looks like another potential 100X. With a smart contract audit already completed, team tokens locked for two years, and liquidity locked forever – this looks like it could make the top 20 crypto market cap.

10. DeFi Coin – Exciting Crypto Under $1 with Strong Link to the DeFi Sector

Another of the most undervalued cryptos priced under $1 is DeFi Coin. DeFi Coin was initially launched in May 2021, yet has sprung to prominence in recent weeks due to the long-awaited launch of DeFi Swap – an innovative new decentralized exchange. Not only is DeFi Coin inextricably linked to this exchange, but it also offers possibilities for speculation and income generation.

DEFC is one of the best altcoins on the market for value potential since the coin has already produced triple-digit returns for token holders since the launch of DeFi Swap in early May. Since DEFC is the exchange’s native token, investors can gain exposure to DeFi Swap’s growth by holding DeFi Coin in their portfolio.

DeFi Coin’s developers also incentivize investors to hold the token long term through a 10% transactional tax placed on buy and sell orders. A total of 50% of the accumulated amount is transferred back to DEFC token holders as a reward, creating a steady income stream. The other half is placed into DeFi Swap’s liquidity pools, where it helps facilitate token swaps and yield farming.

DeFi Coin’s supply is fixed at 100 million tokens, with a built-in ‘manual burn’ mechanism designed to reduce the total supply over time. This makes DEFC a deflationary asset and promotes bullish momentum as the remaining tokens are deemed ‘scarce’. This feature, combined with the token’s use within the DeFi Swap ecosystem, ensures that DeFi Coin is one of the best cryptos under $1 to invest in.

11. Basic Attention Token – Best Crypto Under $1 for Long-Term Prospects

Basic Attention Token was launched in May 2017 and not only is this one of the best cryptocurrencies to invest in 2022, but it serves a worthwhile purpose too. Basic Attention Token is a DeFi coin that aims to tackle a specialized and well-known need. It is also built on the Ethereum blockchain network.

User misuse, an abundance of trackers, and advertiser fraud causing a bloated user experience and poor load times are just a few of the difficulties plaguing advertising businesses.

As such, Basic Attention Token was designed by Brave Software as part of its ambition to redefine and change how the internet gathers data, displays ads, and treats users.The market cap of Basic Attention Token is just over $1.3 billion as of writing. The all-time-highest price of this token was $1.92 in November 2021, now trading 57% lower than this,

As such, Basic Attention Token is heavily discounted at the time of writing. Market analysts think this crypto, which is now one of the best cryptos under $1, could hit highs of over $3.30 by 2025. If you invest now, this could represent gains of almost 300% if predictions come to fruition.

Cryptoassets are a highly volatile unregulated investment product. 

12. Fetch.ai – Best New Cryptocurrency to Invest in 2022 for Upside Potential

Fetch.ai is a blockchain-based AI and machine learning platform that was founded in 2017. It provides what it refers to as ‘digital twins’, which are copies that are meant to make life simpler for both personal and professional users. Digital twins are sometimes referred to as Autonomous Economic Agents.

The digital twins offered by this project can help people with mundane activities like food preparation and parking. It essentially completes tasks automatically, cutting out the middle man, so you maintain ownership of your own data. Fetch.ai’s digital twins can even be used to build up contracts for enterprises or advertise in the metaverse.

Digital twin systems outperform traditional centralized solutions in terms of crypto-economic security, speed, and flexibility. As such, this could be the industry’s future. It’s clear that this cryptocurrency has strong technologic fundamentals, which could make it a great long-term investment.

In terms of performance, the all-time highest price of this token was $1.19. Fecth.ai is one of the most promising crypto projects on this list, although it has to be said, being new, it doesn’t currently have a large market cap. At the time of writing, Fetch.ai has a market capitalization of just $350 million.

Some market analysts have predicted that Fetch.ai could reach $2 or more in the next five years, which would illustrate gains of around 325% for anyone looking to invest now.

Cryptoassets are a highly volatile unregulated investment product. 

13. Tron – Best Penny Crypto to Invest in For Stability

Tron is one of the world’s most popular crypto assets and has long been among the best crypto under $1.  Tron (TRX) is an excellent option if you’re seeking a more steady penny cryptocurrency, meaning lower volatility. This blockchain-based operating system can run smart contracts, which enables developers to create decentralized applications (dApps).

Tron’s main purpose is to bring consumers and content providers together for peer-to-peer transactions. In 2018, the company’s purchase of BitTorrent, a file-sharing service, was a significant step toward that aim. The platform can handle 2,000 transactions per second. As such, Tron is now on par with big payment processors like PayPal in terms of performance.

Tron, best of all, charges no transaction fees. In terms of price action, the all-time low of Tron was in September 2017 when it fell to $0.001. Whereas its highest ever token price was in January 2018 when it hit $0.30. As we touched on, Tron isn’t as volatile as other low-priced tokens.

At the time of writing, Tron is among the top 25 most valuable cryptocurrencies by market capitalization at almost $7.5 billion. It is however still a crypto under $1 due to its high supply (currently a 92 billion circulating supply). Generally speaking, its price has sat between $0.05 and $0.15 in recent cycles. Some market analysts predict Tron could peg at $0.30 by 2025.

Cryptoassets are a highly volatile unregulated investment product. 

14. Chiliz – Best Crypto Under $1 for Entertainment Properties

Chiliz is an entertainment and sports-oriented cryptocurrency project that’s one of the best cryptos to watch. Its digital token was launched in 2018. Socios is a fan engagement platform that works in partnership with some of the world’s biggest sports teams. Chiliz is the official cryptocurrency of the Socios platform, as well as the proprietary exchange.

As a result, fans may buy tokens and voting rights from their favorite teams on Socios. Fans who buy these governance tokens can influence the sports teams they follow. A team may, for example, allow holders of fan tokens to vote on the design of the shirts they wear.

This kind of blockchain-based sports fan engagement makes Chiliz one of the most promising cryptocurrencies on the scene. The market capitalization of this cryptocurrency at the time of writing is over $1.8 billion. The price per Chiliz token reached an all-time high of $0.89 in March 2021.

However, owing to significant price volatility that impacted the whole crypto market, the price fell below $0.40. By November 2021, the price had risen to roughly $0.50, but had then fallen down to $0.25 by the end of the year. At this time Chiliz sells for between $0.10 and $0.50 on the open market, making it a good investment for people looking for the best crypto under $1.

Chiliz is expected to gain more partnerships with various sports entities. As such, some price predictions indicate Chiliz could reach as much as $7 per token by 2025. Again, never take speculation as a given when investing in cryptocurrencies.

Cryptoassets are a highly volatile unregulated investment product. 

15. Ren – Most Promising Cryptocurrency to Buy in 2022

Ren was launched in 2017 by IT and cryptocurrency professionals. It is an open protocol Ethereum token that allows any cryptocurrency token to be transferred across blockchains, creating transaction freedom for users. This enables developers to integrate tokens created on other blockchains into their applications.

Additionally, developers won’t need wrapped tokens that represent a coin from another blockchain. The team’s goal is to allow normal people all around the world to make secure, speedy, and private payments. Ren’s key distinguishing characteristic from other digital currencies is the Ryo Currency Algorithm, a powerful encryption software.

Moreover, as a guarantee of good behavior, network participants pay the token as a refundable bond. This crypto-asset fell to an all-time low of $0.01 in November 2018. Ren then skyrocketed to a high of $1.84 in February 2021. Ren has gone through several changes and integrations since its launch in 2017.

As such, this token appears to be a good investment option for anyone looking for the most promising cryptocurrency to buy in 2022. With a market cap of just $480 million as of writing, there is plenty of upside potential on the table. In recent months,  Ren has been fluctuating between $0.25 and $1.

However, some market analysts foresee a price of $1.46 by 2025, which would mean potential gains of over 200% for investors looking to buy Ren today.

Cryptoassets are a highly volatile unregulated investment product. 

16. Stellar – Established Crypto Under $1 With a Strong Road Map

Stellar was launched in July 2014 as an open-source payment network. The platform has the capability to process between 1,000 and 5,000 transactions per second. The team behind Stellar has a strong road map which includes increasing network innovation, participation, and scalability.

As well as promoting inclusion and diversity, and investing in community activities and marketing. The ultimate objective is to create a single network that supports all of the world’s financial systems. Users may generate, transfer, and receive digital representations of any type of cash using Stellar.

In other words, you might use Stellar, for example, to send digital representations of any fiat money, such as the US dollar or the British pound. It may also be used to send depictions of digital currencies, like Bitcoin for example. The platform aims to provide a low-cost and easy way for users to access the global economy, without excluding those from developing nations.

The network also has its own decentralized exchange, where users can trade cryptocurrency and other assets. Verified financial institutions called ‘Stellar Anchors’ serve as banks and keep deposits for non-crypto assets. The platform then provides the depositor tokens related to those assets.

The depositor receives the assets back when the tokens are withdrawn or redeemed. To protect the value of the assets, Stellar gives an inflation pool return of 1% each year. With a market capitalization of almost $25 billion as of writing, Stellar is a highly valuable cryptocurrency.

It is also one of the best crypto under $1. In recent cycles, the price of a Stellar token ranges between $0.15 and $0.60. With that said, during the crypto bull run of 2017, Stellar hit an all-time high of $0.79, before falling again. Many market commentators think Stellar could hit highs of $1.75 by 2025 so now could be the time to invest.

Cryptoassets are a highly volatile unregulated investment product. 

17. XRP – Environmentally Conscious Large-Cap Cryptocurrency Under $1

XRP‘s consensus protocol verifies transactions. For a transaction to be accepted, it must be approved by a majority of the validators who evaluate it. As such, thanks to this mechanism, XRP is able to conduct transactions in seconds at a low cost and with minimum energy. This makes it one of the greener cryptocurrencies.

As well as being one of the best crypto under $1, it has the potential to replace an inefficient and out-of-date international money transfer system. The fact that it has banking connections with over 200 financial institutions is encouraging. Moreover, any favorable changes in its legal standing might lead to a price hike.

During the aforementioned 2017 bull run, XRP was one of the many digital currencies that produced healthy gains for investors – which it hit all-time high of $3.40. In May 2021, it again faired strongly, rising from under $0.90 to over $1.08 in a matter of weeks. However, since that all-time high, XRP has fallen by almost 75%.

XRP has a market cap of over $86 billion at the time of writing. Some XRP price predictions suggest it could hit a price as high as $4 by 2025. As such, at less than $1, it now represents a good entry point for investors looking for cryptocurrencies under a dollar.

Cryptoassets are a highly volatile unregulated investment product. 

Is Crypto Under $1 a Good Investment?

The best crypto under $1 we’ve talked about today are somewhat comparable to penny stocks. That is to say, they’re inexpensive to purchase and can be extremely volatile, but most are coins with low transaction fees.

With that said, the best penny cryptocurrencies have a high potential for growth if you choose wisely.

In the sections below, we discuss some of the main reasons why you might decide to add some crypto under $1 to your portfolio.

Ability to Buy on a Large Scale to Increase Future Growth Potential

Since peaking in late 2021, the crypto markets have suffered a decline. Many investors see this as a chance to buy crypto at reduced prices.

Of course, the main reason people are looking for a new cryptocurrency to invest in 2023 is to make money.

• A good example of this is Bitcoin, which launched at a price of $0.0008 in 2010 and is now valued at over $45,000
• As such, if you had allocated $1,000 to Bitcoin back then as a penny cryptocurrency, your investment would now be worth billions of dollars.
• In another example, because of the huge number of Dogecoin tokens in circulation, increasing its value by a meaningful amount should be extremely difficult
• However, as we explained earlier, many tokens increased by thousands of percent in a matter of months in 2021
• As such, just because Dogecoin is now trading at less than $0.20, it doesn’t mean you can’t make huge gains later down the line

Whilst there are no guarantees, buying the best crypto under $1 allows investors to purchase more tokens and hopefully sit back whilst they grow in value.

After all, if history is any indication of future success, you can’t go wrong HODLing your cryptocurrencies in the long run.

As such, when you’re looking for new cryptocurrency to invest in 2023, picking high-potential tokens with a low market cap valuation in this rapidly increasing market makes sense.

Plus as we said, cryptos priced under $1 also allow you to buy on a larger scale.

Buy Penny Cryptocurrencies to Build a Diverse Portfolio

With over 18,000 active cryptocurrencies at the time of writing, it might be tough to tell which ones are good and will provide you with the highest returns later.

This is part of the reason that in the realm of investing, many people look to create a diverse portfolio.

• Some of the original well-known leading cryptocurrencies have seen a tremendous rise in value since their inception
• As such many individuals are on the lookout for new cryptocurrency to buy in 2023 that might appreciate in the same way
• Well-known crypto-assets like Bitcoin and Ethereum are the obvious choice
• However, there are a variety of additional inexpensive alternatives in the form of penny crypto that could offer greater growth potential

The price point of the cryptocurrencies we’ve talked about today being well under a dollar – under a cent in some cases – makes it easier to create a diverse portfolio of assets.

This gives you a better chance of making decent returns later as if one isn’t doing so well, there are others to fall back on.

Staking Allows Investors to Earn a Passive Income

Staking is becoming one of the most popular ways to generate money in the crypto world. As such, you can deposit cash in a wallet to enable transactions on a blockchain network.

You then sit back and earn staking rewards. It’s a bit like yield farming and appeals to both seasoned crypto investors and newbies.

Unlike mining or trading, which sometimes requires a large initial investment or sophisticated technical expertise, staking allows you to earn a passive income on the best crypto under $1.

• Ankr is a great example of this.
• Ankr’s Eth2 staking solution offers investors a high level of security, as well as an appealing reward structure and immediate staking liquidity via a bond-like synthetic token known as aETHc.
• Stake as little as 0.5 ETH and combine your funds with other investors to get the same return.
• Moreover, the platform offers one-click node hosting for any investors who wish to develop or stake over 50 protocols.

Crucially, the above example is in addition to the gains you can make when the market value of your penny cryptocurrency increases.

Where to Buy Other Crypto Under $1

The best places to buy crypto under $1 will provide you with an easy-to-use broker account and offer cost-economical trading fees.

eToro is the overall best place to buy penny cryptocurrencies – read our review below to find out why.

eToro – Best Place to Buy Crypto Under $1 in 2023

eToro is the overall top broker to access the best cryptocurrencies under $1. The broker serves over 25 million traders and investors globally and the platform is really easy to navigate. This makes finding penny crypto assets a breeze for newbies and seasoned traders alike.

Not only that but you can allocate as little as $10 to your chosen assets which makes diversification simple and cost-effective. US clients are not charged any deposit fees. After creating a free account you can deposit as little as $10 to start placing orders and building a portfolio of cryptocurrencies. eToro currently offers 59 different digital assets so if you’re looking to invest in the best new cryptocurrencies this social trading platform has you covered. As such you can buy Curve, Tron, and other innovative projects directly via the eToro crypto app.

Payment options are plentiful at eToro. This includes credit and debit cards, in addition to bank wire transfers, ACH, and even e-wallets such as Skrill, Neteller, and PayPal. You will also find other assets at eToro – such as thousands of stocks and hundreds of ETFs. If you want to try investing passively, check out copy trading and smart portfolios.

Copy trading involves picking and allocating $200 or more to a pro-investor that focuses on cryptocurrencies. After this, whatever the pro invests in will be copied across to your own portfolio. In the case of smart portfolios, this is a managed basket of assets you can invest in.

Pick one that focuses on your chosen asset such as ‘CryptoEqual’, ‘CryptoPortfolio’, or one of the many other collections that contain digital currencies, and allocate some funds to it by clicking ‘Invest’. eToro also offers one of the best crypto wallets on the market with top-notch security and unlosable private keys.

Cryptoassets are a highly volatile unregulated investment product. No UK or EU investor protection.

How to Buy Best Crypto Under $1

If you’re wondering how to buy crypto under $1, the walkthrough below will explain how to invest in Lucky Block at the decentralized exchange PancakeSwap.

How to Buy Meta Masters Guild (MEMAG)

As noted earlier, Meta Masters Guild is the overall best cryptocurrency to buy under $1. Here is a quick guide on how to invest in MEMAG right now.

• Step 1 – Create a Crypto Wallet: Download MetaMask or an alternative crypto wallet to connect to the Meta Masters Guild website.
• Step 2 – Purchase ETH/USDT and Connect Wallet: An ERC-20 token, MEMAG can be swapped with Ethereum or USDT. Users can purchase one of these assets from a crypto exchange and transfer their holdings to the crypto wallet. Afterwards, connect with the Meta Masters Guild Presale by heading over to the website and click on ‘Connect Wallet’.
• Step 3 – Buy MEMAG Tokens: After connecting the wallet, click on ‘Buy With’ and select from either USDT or Ethereum. Enter the amount of tokens you wish to purchase and click on ‘Convert’.
• Step 4 – Claim MEMAG: After the presale ends, investors will be able to claim their tokens on the website.

Cryptoassets are a highly volatile unregulated investment product.

How to Buy the Best Crypto Under $1 on eToro

eToro offers a much simpler way to buy the best crypto under $1 as there is no need to download a wallet to your cell phone.

Follow these simple steps to access the best cryptocurrencies to invest in 2023!

• Step 1: Register an eToro Account: To buy crypto at eToro, look for the button marked ‘Join Now‘. Click this to see the online form you need to create a broker account. You can now enter a username and password, your cell phone number, email address, and full name.
• Step 2: Deposit Funds: eToro supports lots of payment methods, such as e-wallets, credit/debit cards, wire transfers, and ACH. Choose one, enter the required details, and deposit $10 or more to continue.
• Step 3: Search for Penny Cryptocurrency: To find your chosen cryptocurrency, you can either click the button marked ‘Discover’, or use the search bar. For example, you might type ‘Basic Attention Token’ or ‘Fetch.ai’ into the box.
• Step 4: Buy Penny Cryptocurrency: To create an order to buy your chosen asset, click the button marked ‘Trade’ beside it. Then, enter your stake and confirm the trade.

For a more detailed buying process, read our how to buy Dash 2 Trade guide.

You can also download the eToro cell phone app if you wish, which makes investing in cryptocurrencies on the go easy.

Cryptoassets are a highly volatile unregulated investment product.

Conclusion

There are thousands of cryptocurrencies to trade, many of which are priced under $1. We whittled the best crypto under $1 down to just 10 to make things easier as there are a lot of cheap cryptos on the market.

Our top picks are Meta Masters Guild (MEMAG) and Fight Out (FGHT) – two new cryptocurrency projects that can provide high returns in the future.

Available for presale at just $0.007, $MEMAG is the native cryptocurrency of an upcoming Web3 gaming ecosystem called Meta Masters Guild.

Meta Masters Guild - Next Big Crypto Game

Our Rating

• Backed by Leading Game Studios
• Early Round Presale Live Now
• Low Hard Cap, No Vesting
• Playable NFTs, Rewards, Staking
• Solid Proof & CoinSniper Audited

Learn More

FAQs on Best Crypto Under $1

What is the lowest priced crypto?

One of the cryptos well under $1 and close to zero in price is Dogelon Mars – which is trading at just $0.000001 as of writing.

What is the best cryptocurrency under $1?

The best crypto under $1 we reviewed is Meta Masters Guild (MEMAG). Other notable projects include FGHT, RobotEra (TARO), Battle Infinity, Lucky Block, DeFi Coin, Basic Attention Token, Fetch.ai, Tron, Chiliz, Ren, Stellar, XRP, Ankr, and Dogecoin. 

Can I invest in Bitcoin with $1?

One Bitcoin will set you back over $47,000 at the time of writing. At eToro, you can buy cryptocurrencies from only $10 thanks to the broker’s support of fractional trading. 

Where can I buy cryptos under $1?

eToro offers access to plenty of cryptocurrencies and you can add any to your portfolio by risking just $10. This is because the trading platform supports fractional investing.   

Read more:

• Worst Cryptos – Shitcoins List
• Best Meme Coins to Buy
• New Upcoming ICO Cryptos List

  This article was written for Business 2 Community by Kane Pepi.
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Author: Kane Pepi

Kane Pepi is an experienced financial and cryptocurrency writer with over 2,000+ published articles, guides, and market insights in the public domain. Expert niche subjects include asset valuation and analysis, portfolio management, and the prevention of financial crime. Kane is particularly skilled in explaining complex financial topics in a user-friendly …

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