Many retail investors prefers to buy cryptos under 1 cent, as then they can own more tokens for their investment and thinking coins at low prices potentially have more room for growth and therefore a high return on their investment (ROI) in the next crypto bull run.
This isn’t necessarily the case as coins with a high circulating supply will, mathematically, tend to have a lower price per coin than ones with a lower circulating supply by definition.
Crypto enthusiasts are put off buying Bitcoin seeing the high price of one Bitcoin – currently over $40,000 in early 2022 – however that is in part due to there only being 21 million Bitcoin in its finite supply. It is still possible to buy a fraction of one Bitcoin, e.g. 0.01 Bitcoin for $400, and for that to be a good investment in the long-term. All that matters is the percentage increase in value.
The logic can apply though for cryptos under 1 cent that are brand new coins or projects early in their roadmap. That usually requires using lesser known crypto exchanges.
Where to buy crypto under 1 cent
Lucky Block for example launched its LBLOCK token on Pancakeswap on Jan 26th, 2022, at a price of $0.0002. Its phase one presale price was $0.00015.
If it reaches $0.015 it will be the next 100x altcoin. Currently it is still an upcoming crypto under 1 cent, trading today at around $0.0085. Its currently all-time high (ATH) is just under 1 cent, reaching $0.0097 and approximately a $1 billion marketcap earlier this week.
You can find crypto coins to buy under 1 cent on major cryptocurrency exchanges such as Binance and Coinbase however in terms of new altcoins that are unknown ‘gems’ (that could pump later if listed on major exchanges) a better bet is to buy on Pancakeswap.
Read our guide to how to buy coins on Pancakeswap. The steps there for CAKE also apply to LBLOCK, which can bought for under $0.01 using BNB on the decentralized exchange.
Other crypto under 1 cent to buy
Both Shiba Inu (SHIB) and Floki Inu (FLOKI) are crypto coins under 1 cent, and very popular with investors.
However arguably these tokens are mainly ‘meme coins’ that have little use case, and rely on hype, marketing, and celebrity endorsements such as tweets by Elon Musk to pump.
The best crypto to buy under 1 cent would be one that has a strong use case and potential for mass adoption – LBLOCK aims to be the first worldwide decentralized crypto lottery to allow investors to effectively own a share of the lottery by holding tokens. 10% of all jackpots – the first of which is scheduled for March 25th, 2022 – will be redistributed to LBLOCK coin holders.
Learn more about LBLOCK, potentially one of 2022’s best crypto coins to buy under 1 cent at LuckyBlock.com.