Are you a budding cryptocurrency investor or trader? Currently, there are more than 5,000 cryptocurrencies, and it is not easy to choose the Best Cheap Cryptocurrency to Buy Now for investment.
Today, we want to share our thinking about which are the best cryptocurrency to BUY now and invest in, and how to choose cryptocurrency for trading.
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What to Look for When Deciding the Best Cryptocurrencies to Buy Now and Invest in?
Many platforms exist on the web today, that rate the thousands of Cryptocurrencies to help many people to make more informed decisions.
You can see the list of the most rated cryptos, to make an informed decision.
However, if you’d like to analyze cryptocurrencies to buy without the help of a third- party, here are some of the things you should look for:
■ Historic performance
How old is the cryptocurrency, and what is the general performance since inception? Is the growth curve steady? Has it been largely static? If the crypto has shown consistent growth for at least three years, it could be worth closer attention.
The liquidity depth of a cryptocurrency is determined by the number of adopters and the market capitalization. If a cryptocurrency has thin liquidity, it will be difficult for you to sell your investment in the future.
■ Market Cap
Cryptocurrencies with a decent to the high market cap are the best to consider. They also have the most liquidity, ensuring easy buy and sell of any investments.
The technology behind the cryptocurrency is one of the major drivers of its adoption. Ethereum and Ripple are the best examples of cryptos backed by exceptional technology.
Next, let’s choose which is the best cheap cryptocurrency to buy now for investment!
5 Best Cheap Cryptocurrency to Buy Now and Invest In Now – Most Popular
Here is the best cheap cryptocurrency to buy now for investment, and with the expectation to make a fortune when they begin to pump.
1. Thunder Token (TT)
Thunder Token is a new crypto token that is high throughput and confirms transactions in seconds. ThunderCore describes itself as a blockchain with its own native cryptocurrency.
It is EVM-compatible and claims to have a throughput of 1,200+ TPS, sub-second confirmation times, and low gas costs, with a view towards making it quick and easy for DApps to deploy and scale.
Thunder Token’s price today Feb 14th, is $0.007871 USD making it one of the best cheap cryptocurrency to buy now, with a 24-hour trading volume of $47,266,254 USD.
Thunder Token is up 12.47% in the last 24 hours. The current CoinMarketCap ranking is #413, with a market cap of $46,344,932 USD. It has a circulating supply of 5,887,903,653 TT coins and a max. supply of 10,000,000,000 TT coins.
2. Swirge Token (SWG)
Swirge claims to be an ecosystem that embodies a decentralized social media, a decentralized financial system, and a marketplace built on the blockchain technology.
Swirge ecosystem is a user-centric platform that is built with users in mind. First, to protect the user’s data and information and give them total control over their data.
Secondly, to give users the power to create wealth by socializing and the opportunity to take charge of their finances. Our solutions offer a user-friendly social platform, and we are so proud to share it with the entire world.
Swirge price today Feb 14th is $0.515572 USD making swirge one of the best cheap cryptocurrency to buy now, with a 24-hour trading volume of $1,164,958 USD. Swirge is down 28.43% in the last 24 hours.
The current CoinMarketCap ranking is #2486, with a market cap of not available. The circulating supply is not available and the max. supply is not available.
3. Zilliga (ZIL)
Zilliqa is a public, permissionless blockchain that is designed to offer high throughput with the ability to complete thousands of transactions per second.
It seeks to solve the issue of blockchain scalability and speed by employing sharding as a second-layer scaling solution. The platform is home to many decentralized applications, and as of October 2020, it also allows for staking and yield farming.
Development work officially started on Zilliqa in June 2017, and its testnet went live in March 2018. A little over a year later, in June 2019, the platform launched its mainnet.
The native utility token of Zilliqa, ZIL, is used to process transactions on the network and execute smart contracts.
Zilliqa price today Feb 14th is $0.140275 USD making it one of the best cheap cryptocurrency to buy now, with a 24-hour trading volume of $647,134,781 USD. Zilliqa is up 8.33% in the last 24 hours.
The current CoinMarketCap ranking is #49, with a market cap of $1,535,775,422 USD. It has a circulating supply of 10,948,319,776 ZIL coins and a max. supply of 21,000,000,000 ZIL coins.
HEX is an ERC20 token launched on the Ethereum network. HEX is designed to be a store of value to replace the Certificate of Deposit as the blockchain counterpart of that financial product used in traditional financial markets.
Designed and launched by Richard Heart on 2 December 2019, HEX describes itself as a Certificate of Deposit on the blockchain.
HEX is also designed to leverage off the emerging DeFi (Decentralised Finance) ecosystem in cryptocurrencies within the Ethereum network.
HEX uses the Ethereum network for the transaction layer (sending and receiving HEX tokens, as well as interacting with the HEX smart contract), whilst the consensus code and staking mechanism is contained in the HEX smart contract.
HEX allows a user to stake his or her HEX coins for a share of the new HEX coin issuance, or inflation and contains features designed to incentivize behaviors that encourage price appreciation and disincentivize behaviors that encourage harm to the price. The HEX smart contract penalizes stakers for ending their stake early and rewards them for staking larger amounts of HEX for longer periods.
HEX is distributed to Bitcoin holders by way of a snapshot of the Bitcoin UTXO set that occurred on 2 December 2019 at block height 606227. The distribution of HEX to Bitcoin holders is 10,000 HEX per 1 BTC. Bitcoin holders are able to claim HEX only during the first year of launch. During this period, HEX is also obtained in exchange for ETH through interacting with the HEX smart contract.
At the end of the first year of launch, all HEX coins that were not claimed by Bitcoin holders are distributed to the rest of the HEX users who have stakes that are active. The maximum possible annual inflation of HEX is designed to be 3.69% after the first year of launch.
HEX price today Feb 14th is $0.010528 USD making it one of the best cheap cryptocurrency to buy now, with a 24-hour trading volume of $8,801,164 USD. HEX is down 15.99% in the last 24 hours.
The current CoinMarketCap ranking is #201, with a market cap of $1,825,675,065 USD. It has a circulating supply of 173,411,074,413 HEX coins and the max. supply is not available.
5. Julswap (Juld)
JulSwap is the equivalent of Uniswap on the Binance Smart Chain. JulSwap offers the same Trading Engine and analytics as Uniswap and some additional features from Sushiswap.
Julswap allows for the automated, decentralized exchange of BSC-20 tokens. Their goal is to lower the barrier of entry to financial markets by making it easy to join the decentralized finance (DeFi) movement.
JulSwap price today Feb 14th is $0.190525 USD making it one of the best cheap cryptocurrency to buy now, with a 24-hour trading volume of $1,143,073 USD. JulSwap is up 24.78% in the last 24 hours.
The current CoinMarketCap ranking is #458, with a market cap of $36,315,564 USD. It has a circulating supply of 190,607,625 JULD coins and a max. supply of 800,000,000 JULD coins.
This article “Best Cheap Cryptocurrency to Buy Now” does not contain and should not be construed as containing investment advice, investment recommendations, an offer of or solicitation for any transactions in financial instruments. Bulliscoming does not represent that the information provided here is accurate, current, or complete. Bulliscoming is not a financial advisor and all services are provided on an execution only basis. Before making any investment decisions, you should seek advice from independent financial advisors to ensure you understand the risks.