If your looking for some of the best crypto coins under 1 cent in 2020 we’ve got five solid picks. A few decades ago, the stock market was the only major platform where investors could engage in day-trading securities. Nonetheless, in recent times, the advent of cryptocurrencies has changed the game for the financial industry; with bitcoin and the blockchain becoming a household name as the forerunner for a decentralized financial system.
However, despite the volatility of bitcoin, many still wish to possess it. On the other hand, others believe that it might be too late to buy into the bitcoin frenzy as the bitcoin boom might be over. It is important to note at this point that the crypto market is much larger than just Bitcoin. There are over 1000 crypto currencies and more which are being created every day.Furthermore, a lot of these cryptocurrencies have features that are more sophisticated than bitcoin and also solve major problems in various industries. Given this information, a lot of these crypto currencies have an exponential room for growth.
Also it is important to note that since bitcoin is the crypto currency with the largest market capitalization, a change in the price of bitcoin has a magnifying effect on other crypto currencies i.e if the price of bitcoin increases by 10%, a crypto coin that is less than $1 could possibly see a double increase in its value and vice versa. Given all this information, here are 5 of the best crypto coins under 1 cent that are likely to give you a great return on your investment
This was launched by BitTorrent Foundation in early 2019 with the aim of tokenizing the decentralized file-sharing protocol with their cryptocurrency. BTT represents a TRC-10 utility token based on the TRON blockchain that could allow content creators to connect with their audience, earn and spend digital currency without a middleman.
According to their website, BitTorrent (BTT) tokens can be bid in exchange for faster downloads or stored in a wallet built into the BitTorrent client. Both BitTorrent and parent company TRON share a vision of a decentralized internet without barriers.
The BitTorrent Token is currently ranked at 55th position among-st the largest cryptocurrencies by market capitalization. One of the approximately 212 billion coins currently costs $0.000468. Coinpedia predicts that BTT could be among the Top 10 cryptocurrencies in the next couple of years and by around year 2025, may land a high price of around $0.01. That is a potential 1000% increase.
2. Dogecoin (DOGE)
Dogecoin (DOGE) is based on the popular “doge” Internet meme and features a Shiba Inu on its logo. It is the largest cryptocurrency by market capitalization, which costs less than one US cents.
The current rank of Dogecoin is #41 as listed on CoinMarketcap, with a market cap of $437,222,881 USD. It has a circulating supply of 125,910,577,738 DOGE coins. There are currently 261 markets trading it.You can buy or sell Dogecoin at any exchange that offers the digital currency, store it on an exchange or in a Dogecoin wallet, and tip Dogecoin in any communities that accept Dogecoin.
3. Holochain (HOT)
Our next best crypto coin under 1 cent in 2020 is Holochain. Holochain is a post-blockchain coin, massively scalable and secures distributed ledger technology that can be used for virtually any transactions, economic activity, agreements, or information transfer. It is currently ranked 85th in the largest cryptocurrencies by market capitalization. A coin currently costs $0.00085 The total amount of all coins amounts to approximately 177,62 billion pieces. It is predicted that by 2023 this coin would sell for $0.0017758.
4. VeChain (VET)
VeChain describes itself as ‘a pioneer of real-world applications using public blockchain technology. It is an international platform that currently operates in Singapore, Luxembourg, Tokyo, Shanghai, Paris, Hong Kong, and San Francisco’. It was started in June 2015 and currently ranked 35th in the list of largest cryptocurrencies by market cap. There are a total of around 55.5 billion coins in circulation. One costs $0.019 at the moment.
5. Pundi X (NPXS)
Our final best crypto coin under 1 cent in 2020 is Pundi X.This transaction system is easily accepted by small and medium merchants because it allows them to make transactions in an easy tap to pay system using cryptocurrency. It is one of the most promising alternative crypto coins with recent growth of about 150% within a week.The main feature of Pundi X (NPXS) is that buyer and seller can use their existing cryptocurrency for transactions. It is currently ranked 86th in the list of largest cryptocurrencies by market cap. The price of the coin is currently around $0.00183 with over 234.5 billion coins currently in circulation.
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