Best Crypto For Less Than $1 To Consider In 2022
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There are over 20,000 cryptocurrencies right now on the crypto market. Most of them are yet preparing to break parity with the US dollar. It’s really hard to determine the best coins worth purchasing in this overflowing crypto market. SimpleSwap is here to help — today’s article is meant to highlight the most interesting crypto under $1 to buy in 2022.
Cronos (CRO)
CRO is the native coin of the Singapore Cryptocurrency Exchange. The exchange is actively developing in the great sporting events industry. For example, in 2022, it appears as the main sponsor of the World Cup in Qatar. The Cronos network has high transaction processing speed and low commissions, fully compatible with Ethereum.
Theta Network (THETA)
Decentralized streaming service. The platform allows its users to earn rewards for viewed content in THETA tokens. The platform solves the problem of high-quality video content transfer speed by gaining the computing power provided by Theta Network users.
Cardano (ADA)
The blockchain was created by Charles Hoskinson, one of the Ethereum blockchain founders. Cardano blockchain uses the PoS consensus algorithm and allows the creation of DApps. It has high transaction processing speed and low fees. This blockchain also has its own crypto wallet called Daedalus, which is a full node of the network. ADA coins placed in this wallet participate in the consensus and bring a reward.
Harmony Token (ONE)
It is a blockchain with high speed of new blocks creation possible due to its own unique consensus algorithm based on random distribution. High transaction processing speed facilitates the creation and use of decentralized applications.
Reef Finance (REEF)
EVM-compatible blockchain platform, considered to be special due to high transaction processing speed and scalability. The project also allows you to deploy smart contracts on your own network. Reef Finance provides its users with a wide range of decentralized finance-related tools. Thanks to the large set of DeFi instruments, REEF coin has wide applicability such as management, staking, payment of intranet commissions, crediting and liquidity pools.
VeChain (VET)
Blockchain with a corporate orientation and IoT. It has a high transaction processing speed that allows different industries to use blockchain in their activities, such as engineering, healthcare and logistics. The inner well-designed economy of a two-coin blockchain is a great way to control spendings.
Conclusion
In this article we named 6 most attractive cheap coins to purchase this year. These coins amid the expensive Bitcoin and Ethereum may show a more significant increase due to undervaluation. Each one of the projects above has interesting technology and different application options. However, always remember to do your own detailed research to make sure you really want to buy crypto suggested by anyone — friends, articles, other crypto enthusiasts or even your mama.
SimpleSwap reminds you that this article is provided for informational purposes only and does not provide investment advice. All purchases and cryptocurrency investments are your own responsibility.
