Spending a fortune doesn’t guarantee returns from the crypto market. Undervalued penny cryptos can reward you better than high-cap cryptos, sometimes. Seasoned investors find diamonds in the rough and stock them up when the time is right.
5 Best Tokens Under $1 with High Growth Potential
Although the sluggish market has taken down most cryptocurrencies in 2022, industry experts like Binance CEO Changpeng Zhao believe that it’s for the better. The series of crashes have tossed out flimsy projects with little to offer. Investors are now focused on the intrinsic value of a project, rather than what loud YouTube vloggers and anonymous Twitter influencers have to say.
Which tokens will rule the utility-driven crypto market in 2023?
Here are five cryptocurrencies that are selling for less than $1 now. Don’t let their modest price deceive you. They have the potential to give high returns in the next months, as the underlying projects cross new milestones.
- Dash 2 Trade (D2T) – The Best Crypto Token Under $1 with High Market Relevance
- Stacks (STX) – DeFi, NFTs, and Smart Contracts for Bitcoin
- Calvaria (RIA) – Fierce Battle Card Play-to-Earn Game
- Decentraland (MANA) – Most Undervalued Metaverse Token
- IMPT (IMPT) – Green Crypto Dedicated to Climate Action
Deep Dive into the Best Crypto Tokens Under $1
Let’s take a closer look at each project listed above and understand how they’re positioned to scale. The review covers their core features and functionalities, market relevance, and drawbacks.
Dash 2 Trade – The Best Crypto Under $1 with High Market Relevance
Dash 2 Trade is a crypto analytics and intelligence platform that gives you curated crypto trading signals, predictions, and social analysis for better decision-making.
Rather than focusing on a narrow user base of experienced traders and professional agencies, Dash 2 Trade caters to a broad range of users, from beginner to advanced traders. That underscores the platform’s relevance in the crowded crypto market.
Dash 2 Trade dashboard
The dashboard helps you keep track of the market and hone your portfolio using various data points. For example, the unique social indicators on Dash 2 Trade make it easier to spot coins that are on the brink of a breakout.
Another interesting feature is the strategy builder and back-tester, which mirrors live market conditions. According to the whitepaper, It helps you test the profitability of a new strategy before execution and fine-tune it for better results.
The platform also features:
- Custom-made scoring system for presales and ICOs
- Independent technical indicators
- Auto trading API
- Risk profiler
- Presale listing alerts
- On-chain analytics
- Social trading
Dash 2 Trade’s goal is to empower users to get focused insights into the market, without getting lost in trading jargon and metrics. The platform is powered by D2T tokens, now closing in on the fourth stage of the presale. As the presale displaces to higher stages, the price will see a gradual hike.
🌛 HEY #INVESTORS 🌛
Don't forget about our 150K giveaway. You might be a winner 🏆
— Dash 2 Trade (@dash2_trade) November 22, 2022
Dash 2 Trade short-term roadmap
- High market relevance
- Multiple token use cases
- Advanced analytic tools
- Targets both new and experienced traders
- Still in the early stages
Stacks – DeFi, NFTs, and Smart Contracts for Bitcoin
Stacks is another excellent token under $1 to buy now. The underlying layer-1 blockchain solution brings smart contracts to Bitcoin. The key defining feature of Stacks is that it doesn’t change the intrinsic characteristics of Bitcoin, including its security and stability.
The network allows the launch of open and modular DApps with diverse utilities. In addition to that, developers can build on top of other apps to create new features. Stacks claims to be one of the most secure blockchains, as it uses Bitcoin as a base layer.
Stacks is powered by STX, used widely for executing smart contracts, processing transactions, and registering new digital assets on the Stacks 2.0 blockchain. The token currently ranks #89 on CoinMarketCap, which speaks for its credibility.
Stacks price prediction
Although a high-cap cryptocurrency, STX is 94.09% down from its all-time high. That leaves a large room for growth, as the market gets back on its feet and the network secures more integrations. The token, now at $0.214, has the potential to climb to $1.5 by the second half of 2023.
- Growing ecosystem
- Brings DeFi to Bitcoin
- Brings NFTs to Bitcoin
- Competition from advanced blockchains
- High market cap
Calvaria – Fierce Play-to-Earn Battle Card Game
Dozens of crypto gaming projects enter the market every month. How come most bite the dust in no time? Lack of focus on gameplay and quality is to blame. The gaming experience matters to gamers more than the tokenomics and the returns. Regardless of investor support, the project’s future is in the hands of the gamer, ultimately. They drive the value of the in-game tokens and NFTs.
Calvaria is one of the most gripping gaming projects of recent times. It introduces multiple battle card NFT games centered around the afterlife, which has rarely been explored in gaming or the popular media. The storyline, as detailed in the white paper, opens rich creative possibilities.
Calvaria: Duels of Eternity
Another feature that gives Calvaria mass appeal is its lower entry barriers. It comes in both free-to-play and play-to-earn versions, thus opening the blockchain gaming ecosystem to traditional gamers. They can begin their journey with the free-to-play version and move to play-to-earn once they have mastered the strategies. By giving the user the right to choose, Calvaria improves conversion and retention rates.
New Calvaria Giveaway! 💰
Calvaria Presents an opportunity to get a $100K worth of $RIA! 😍
Join the competition here and win: https://t.co/b120uwNeje
— Calvaria: Presale is Live! ✨ (@CalvariaP2E) October 25, 2022
The fast-growing Calvaria community is waiting for Duels of Eternity, the primary game from the project. There are more components to the Calvaria gaming ecosystem:
- Gamified staking platform with multiple pools.
- Scholarship system where you can rent your decks, build a team of players, become a team manager, and more.
- In-game store
$RIA tokens are now available for purchase in the fourth stage of the presale. Investors and gamers are buying them early to grab the highest returns, bringing the token to its sell-out ahead of schedule.
- Creative gaming mechanics
- Fresh theme centered around the afterlife
- Lower entry barriers
- High earning potential
- Competition from card games like Gods Unchained and Splinterlands
- Free-to-play limits the token utility
Decentraland – Most Undervalued Metaverse Token
Decentraland needs no introduction. The project has played a key role in taking Web3 to the world in the last two years. The crypto-metaverse went on to prove that the blockchain industry has more to offer than financial services.
As the name gives it away, Decentraland is a decentralized metaverse. While tech giants like Facebook and Microsoft are vying to claim the metaverse for themselves, like Web2, Decentraland makes it accessible to all. Community ownership and transparent blockchain makeup set apart the platform in the emerging metaverse market.
Decentraland brings together people, businesses, and technologies to give us a peek into the future. The platform is also known for its top-tier partnerships, which include Nike, Samsung, and J.P. Morgan to name a few.
MANA has a long way to go
MANA, the native cryptocurrency of the fast-growing metaverse, is 93.88% down from its all-time high at the time of writing. As one of the most popular metaverse tokens, it is highly undervalued. The new integrations and partnerships secured by the metaverse also reveal its growth potential. If Decentraland sticks to its roadmap, MANA will keep up with the growing ecosystem in the coming months.
- Credibility and reputation
- Top-tier partnerships
- Growing metaverse ecosystem
- Highly competitive industry
- Poor gamification
IMPT – Green Crypto Dedicated to Climate Action
IMPT is one of the best new cryptocurrencies of 2022. The Web3 green initiative, dedicated to decentralizing the carbon market, is pioneering. That explains the fast sell-out of IMPT presale, now in its second stage.
The global carbon market is growing in both mandatory and voluntary sectors, thanks to the new generation of eco-responsible businesses and consumers. Given that a sustainable lifestyle is not feasible for all, people are on the hunt for ways to compensate for their carbon footprint. Carbon credits help them indirectly contribute to credible environmental initiatives. But the traditional carbon market is unable to meet the rising demand.
This is where IMPT steps in with a vast Web3 ecosystem. It uses blockchain applications to bring more transparency and efficiency to the carbon market. The gamified features on the platforms go a long way in taking the initiative to more people. Let’s see how it works.
The IMPT ecosystem
- IMPT Carbon Marketplace: As the name implies, it’s a platform to buy and sell carbon credits. It tokenizes carbon credits into NFTs to eliminate the risks of double spending. The marketplace will be open to both mandatory and voluntary users.
To offset carbon, users have to retire their carbon credits on the platform. They will get a unique NFT artwork in exchange. The IMPT artworks may find a collectible market in the future if the project develops as planned.
- IMPT Shopping Platform: IMPT introduces a shopping platform where you can earn IMPT token rewards when you purchase from listed brands. The platform has brought global retailers on board, who will allocate a share of their sales margin to the carbon program.
Users can convert their accrued IMPT tokens to carbon credits on the IMPT marketplace. The gamification will encourage more people to use the application, which will, in turn, raise awareness about climate change.
- IMPT Social Platform: Another interesting gamified feature that tracks users’ contribution to climate action in IMPT scores. It nurtures healthy competition among friends, family, and businesses, taking the initiative to a broader audience.
The ongoing IMPT presale will give the most profitable entry to the project, factoring in its large growth potential. IMPT tokens can climb anywhere from 10X to 15X on the public launch.
- The carbon market is fast-growing
- Utility-rich roadmap
- Interest from crypto and non-crypto audience
- Credible partnerships with global retailers and environmental initiatives
- The green initiative will be ineffective if users don’t retire their carbon credits. Gamified features like NFT rewards and social tracking motivate users to offset their carbon footprint, however.
The Best Bear Market Strategy
We discussed two categories of cryptocurrencies in this article. First – early-stage tokens like Dash 2 Trade, IMPT, and Calvaria. Second – established cryptocurrencies like Decentraland and Stacks that are highly undervalued now.
If you’re looking for the safest investment with 1X to 2X returns, the second category makes the best choice. But if you’re looking for 25X-30X returns, you should go for presale tokens like D2T, IMPT, and RIA. Make sure to do independent research before the purchase.
The fast-moving D2T presale, ignoring the larger market trends and recent crypto crash, hints at a bull run for the token on exchange listing. It also goes on to prove that projects underpinned by relevant utilities will succeed, regardless of market swings. If the roadmap unfolds as planned, a 30X leap by the first half of 2023 is not a long shot for Dash 2 Trade.