The 8 Best Crypto Trading Under $1

• Several crypto assets trade below 1 US dollar. Investors bet on their chances of breaking through the $1 barrier and delivering good profits in the process
• Risks related to investing in projects trading under a dollar, include volatility, poor tokenomics.
• Under $1 tokens with future potential can be identified based on their fundamentals, community growth, tokenomics, and roadmap

While cheap cryptos are known to return significant profits, they also expose investors to risks such as:

Volatility

Crypto assets under $1 may be extremely volatile. While the cryptocurrency market tends to fluctuate a great deal, the increased volatility of cryptocurrencies that trade under a dollar may be due to a less viable market and investors’ perception of such projects. Wild price swings are usually negative for investors and can lead to significant losses.

Poor Tokenomics

Tokens trading below a dollar are not always cheap. The sub-one dollar price could be due to an outrageous supply and constant release of new tokens. The failure of the project’s demand to meet the supply structure is a feature of many unsuccessful crypto assets. The constant release of new tokens has the same effect as general inflation.

The $1 Psychological Resistance

Investors have a psychological barrier for crypto asset trading under $1. This barrier makes it harder for such cryptocurrencies to breach the $1 price level. In cases like this, the asset trends below the $1 price point, despite several attempts to cross it. This slowed price growth limits profitability.

While every coin is different, and the below metrics do not represent a foolproof means of identifying profit potential, our CoinHint analysts have provided a few factors that indicate good quality for projects trading under $1:

Solid Fundamentals

A project’s fundamentals are considered solid if it has relevant use cases. This differs depending on the type of project, but generally, projects that conform to key theories associated with their category are said to have solid fundamentals. For instance, an AI crypto project with a functional and useful prototype and constant growth has solid fundamentals. Crypto assets with good fundamentals and a dedicated team could be a good bet.

Good Tokenomics

Before investing in a project trading below a dollar, evaluate the tokenomics structure. Check the supply and how it impacts the value of the token. Projects with an outrageous supply and a poor demand-supply relationship will struggle to grow, despite trading at a cheap price.

Active Community and Consistent Community Growth

The popular saying that ‘community is everything’ is true, especially in crypto. Before investing in a token trading below a dollar, consider the overall reputation. An active community is a marketing advantage and contributes significantly to the growth of a project’s value.

Roadmap

A project’s roadmap delineates future development plans. It gives a detailed insight into what the project plans to do in the future. Cryptocurrencies trading below a dollar but with a solid roadmap are usually a good bet, provided the team is dedicated to delivering these plans. Evaluate the published roadmap before investing in a sub-one-dollar crypto project.

JasmyCoin ($JASMY)

Jasmy leverages data collection and management as a service. Users can control the use of their personal data collected from IoT devices like smartphones and other tech wearables and get paid for sharing it with merchants. This data is securely stored in data lockers on the Jasmy platform, where data files are stored within the decentralized network with only hash values managed on the blockchain.

JASMY is one of the best-performing top-ranked crypto assets in 2024. The asset is up over 400% in 2024 and still growing stronger. The project has a strong presence in the Asian market and is also listed on most top crypto exchanges.

Gala Games ($GALA)

Gala Games presents a collection of decentralized games tailored to fit gamers’ tastes. Games on Gala’s platform are of different categories including role-playing, strategy, RPG, and battle games. Gala provides unified security and decentralization for games running on its platform through the Gala nodes. Node owners lend computing resources to maintain the integrity of the Gala platform.

GALA token (GALA) is the native token of the Gala Games’ ecosystem. GALA token is used for in-game purchases and rewarding players and node validators. GALA trades at less than 4 cents at the time of writing. The project has a market cap of $1.5 Billion and is listed on several top crypto exchanges.

Nunet ($NTX)

Nunet is a DePIN for computing resources. It offers an avenue for computer users to monetize their idle GPU power. Anyone can plug into the Nunet network and offer GPU power to developers seeking to run advanced protocols. NTX is the native token of the Nunet network and is trading below 4 cents at the time of writing. The project has a market cap of $28 Million. GPU power is a sought-after computing resource. The demand has increased with the advent of AI and advanced computing. Nunet offers on-demand and relatively cheap GPU power to developers while enabling anyone in the network to earn passive income.

Brett ($BRETT)

Brett is one of the largest meme coin projects on the Base network. Brett utilizes the imagery of Brett, a character in Matt Furie’s famous comic book – The Boys. Other characters in the book like Pepe and Landwolf have also become meme and memecoin sensations. Matt Furie and his book are both solid memecoin narratives. Base network is also memecoin friendly, relatively speaking. Brett has grown a solid community dedicated to marketing the project. The memecoin trades at just 13 cents ($0.13) at the time of writing and has a market cap of $1.3 Billion. It is supported on several top exchanges. Brett is one of the best memecoin projects under one dollar.

Reserve Rights ($RSR)

Reserve Rights’ platform allows any individual or organization to create a fully backed, insured, stablecoin from a variety of assets. Reserve Rights enable users to create RTokens which are asset-backed currencies that are always redeemable for the underlying assets. RSR is the native token of the network. It is used in the project’s governance and insurance for RTokens.

Blur ($BLUR)

Blur is a multichain NFT marketplace. It provides a platform where NFT enthusiasts can collect and sell their NFTs. BLUR is the native token of the Blur NFT marketplace and is used to govern, promote the platform, and reward users. Blur is climbing the ranks as a top NFT marketplace. Over the years, it has surpassed other top NFT marketplaces like Opensea in terms of trading volume and user count. Blur is positioned to benefit from the growing interest in NFTs. BLUR trades at $0.26 at the time of writing. It is one of the best NFT projects to buy now under a dollar.

Zilliqa ($ZIL)

Zilliqa is one of the pioneers of sharding technology. Sharding is an approach towards blockchain scalability. Sharded blockchains are split into multiple interdependent pieces. Each piece handles a network load and communicates with each other. Thanks to its scaling technology, Zilliqa is a fast blockchain network. It is capable of running smart contract transactions and has a large ecosystem of decentralized applications. At the time of writing, ZIL trades at just two cents and has a market cap of $400 Million. Compared to other top layer-1 projects, ZIL is one of the best layer-1 projects under one dollar.

Chromia ($CHR)

Chromia is one of the best RWA tokenization crypto projects that you could buy for under a dollar. It is a modular, high-performance blockchain network for building decentralized applications in the DeFi, Gamefi, and RWA sectors. Chromia combines blockchain technology with relational database management technology. Applications on the network are designed to manage data more flexibly and create more efficient solutions. Chromia blockchain offers improved user experience through low transaction fees, faster transaction processing, and improved developer experience.

Projects trading below $1 are commonly regarded as being undervalued, but this is not always the case. Trading below a dollar is usually due to the design of the tokenomics. Regardless, tokens trading below a dollar are considered ‘cheap’ in terms of price per token. Investors are attracted to such assets because they deliver good profits when they finally grow above $1, and also because it is easy to purchase a good amount of the token with less capital. If you choose to invest in an asset trading below $1, we advise that you make sure to perform sufficient research and adjust your investments according to your risk-tolerance levels.