What can you get for $1? A candy or maybe a quick snack. That’s the regular world for you. If you go shopping for cryptocurrencies with the same amount, you might be surprised to discover many undervalued cryptos. Contrary to popular belief, buying cryptocurrencies doesn’t require you to have a hefty bank balance. You can start as low as $1 and go on to build your portfolio as you get more comfortable picking out top crypto coins. Even if you are new to the crypto market, many beginner cryptocurrency options can help you ease into the market without making it an overwhelming experience. Take DigiToads for an example, the Ethereum-powered cryptocurrency is among the most affordable and high-yield options available in the market today. You can explore multiple opportunities to earn passive income and plan for the long term. Along with DigiToads, the following list features nine of the best cryptocurrencies currently available that can fetch you high returns for as low as $1.
1. DigiToads: Best of DeFi to diversify your portfolio
DigiToads might have been developed on a niche model that combines the utility of three different cryptocurrencies but its functionality cuts across investor groups and makes it a versatile token. With this latest ico opportunity, you can look forward to participating in trading tokens, participating in Web 3.0 games, winning prizes in giveaways, and staking NFTs. To facilitate all these transactional use cases on its network, DigiToads has launched a native token called TOADS. All TOADS token folders will be eligible for monthly rewards & will be airdropped into their wallets from a prize fund set up by diverting 10% of the crypto project’s annual profits.
Despite launching its presale stage a short while ago, the DigiToads team has raised over $1.9 million so far. The presale process which has 10 stages in total has completed three stages so far & the current stage of the cryptocurrency ico is ‘Lillypad4′.
A key USP of the DigiToads ecosystem is the trading competitions it organizes. These competitions are organized every month and tend to test the skills of traders in the DigiToads community. Every month, the user booking the highest profit is rewarded with a Platinum Toad which unlocks remote access to a part of the treasury fund. Along with the DigiToads team, Platinum Toad owners get a chance to learn about managing the treasury and ensuring high trade volumes for the platform. As an incentive for expanding the treasury size, the winners of these trading competitions also get to keep 10% of the profits they make for the platform.
The team has lined up several projects for the future that will not only help it spread awareness about the platform but also ensure its community members’ growth. One of the projects is the ‘TOADS School’, which is a think tank where community members will get to attend sessions and learn more about cryptocurrencies and the DigiToads ecosystem.
2. Naviern: Helping newbies navigate the crypto market
Naview is a blockchain-based dApp for navigation and ride-sharing. It’s an ideal cryptocurrency for beginners as one gets to earn crypto rewards via their daily commute. Just like any other navigation app, the user gets directions to a destination and has to pick the easiest and quickest route to it. In exchange, users get to earn NST, which is Naviern’s native reward token. NVRN is the governance token for the platform. What makes things even more exciting is that you pick any mode of transport to reach the desired location i.e. you can walk, you can opt for public transport or simply drive. An added advantage is that users can buy NFTs of varying levels of rarity and also mint these digital assets with dApp. The rarity levels range from 1 to 5, with 1 being the lowest. To acquire a higher level NFT, users can either buy it or win one by using the dApp more.
3. Finblox: Accessing multiple DeFi opportunities in a click
If you are someone who’s looking for an opportunity to learn the basics of DeFi, Finblox is a one-stop solution. The platform enables its users to access multiple services including crypto swapping and prediction markets. One can swap crypto tokens across different platforms on Finblox. What makes it one of the best crypto for beginners is how easy it becomes for people to predict future crypto outcomes. Users can earn rewards by making predictions for all less than $0.1. Plus, they can earn rewards by yield farming in various kinds of assets that can fetch daily rewards. The platform’s native token is FBX. By holding the token, one can earn an annual percentage yield on it, collect airdrop awards, and enjoy free withdrawals each month among other benefits.
4. Belobaba: Multiple earning options on a single platform
Belobaba is a secure crypto fund and is considered among the top crypto coins because of the multitude of earning options that it offers the user. For starters, users can take their pick from among specialized Metaverse, play-to-earn, and gaming platforms and contribute to their liquidity polls in exchange for rewards. By acquiring the platform’s native token BBCN, token holders can stake them. The quantum of tokens one can stake would depend on the number of tokens they hold. Belobaba users will be eligible for airdropped rewards accruing from projects launched on the Belobaba network. NFT holders in Tier 4 and 4 categories would be eligible for additional benefits like having a say in decision-making.
5. Magical Blocks: Exploring the potential of algorithmic GameFi tokens
Magical Blocks is an open-source algorithmic play-to-earn platform that was rolled out in 2021. Its proprietary mechanics and the algorithmic token, MBLK, is the brainchild of Zogi Labs. MBLK is the main in-game token for the game Legends of Bezogia that the platform hosts. Modeled on Ethereum’s ERC-20 protocol, the MBLK token comes in handy whenever users want to mint artillery, weapons, and other consumable items, enter PVP battles, and create more BFT characters, among others. To encourage token holders to actively participate, the Magical Blocks team has devised a referral programme where MBLK buyers can earn additional rewards by referring others to the platform.
6. Goracle: Capturing real-world data for dApps
This proof-of-stake platform leverages real-world data to add new efficiencies to dApps. As blockchains are walled off from the physical world, dApps need an oracles-based tool to match the security level of the blockchain and access quality data from the outside world. Goracles helps developers by matching the security and speed of the blockchain on which the dApp is built. The tweak helps ramp up a dApp’s ability and scalability. Its native token GORA can be used for running a node for validating transactions. Additionally, token holders can delegate the coin to other validators. The network of validators not only improves the security of the system but also boosts its capacity.
7. Sango: For state-backed crypto benefits
Sango is a good crypto to buy if you are looking for a dependable option with a high growth potential. The Sango coin is the official digital cryptocurrency of the Central African Republic that is powered by the Bitcoin blockchain. The Sango token is a multi-dimensional asset that can pave the way for several government-backed benefits for the token holders. For instance, one can apply for CAR citizenship by staking Sango coins worth $60,000 for five years as collateral. After five years, the coins are returned to the token holders.
8. BlueSale: Launch your crypto token with ease
Considered a top crypto to invest in, BlueSale is a decentralized platform where one can roll out tokens and then sell them via auctions and sales. The best part is that a user doesn’t need to know coding to leverage any of the tools that are available on BlueSale. With its in-built templates, a user can design a crypto token in just a few clicks. Its native token is BLS and it is the main crypto coin on the network. Apart from launching your token, you can also explore other services like the option to keep the liquidity pools, list the token on a decentralized exchange and add a vesting period, among other options.
9. CoinZix: Beginner-friendly and reliable cryptocurrency trading
CoinZix is among the new alt coins that have been driving an impact in the crypto market by the sheer force of their utility. It’s a simple yet secure platform for swapping and trading cryptocurrencies. To start with the platform, all users have to do is create an account and get started with either a SEPA transfer or a card. Its native token is ZIX. Not only this, users can enjoy spot trading opportunities and trade any asset with CoinZix’s next-generation interface. Spot traders also have the option of testing their skills in the demo trading mode. The key USP of the ecosystem is the CoinZix ATM where users can purchase or sell crypto tokens cost-effectively using cash.
Why are analysts rooting for DigiToads?
The above-mentioned crypto options promise some of the best deals available in the current market. Apart from their returns, they also make for a good beginner cryptocurrency where one can easily learn about these digital assets and their market. You can start small with them and then go on to build your portfolio and diversify it. While each of these crypto options has its strengths, the one token that’s won over analysts too is DigiToads, this cryptocurrency ico has been much talked about because of its economic framework and its community-centric approach. Apart from incentivizing users for their efforts via a rewards system, the platform involves skilled traders from its community to help it manage the treasury fund. With the move, not only are community members encouraged to interact with the network but also think in ways that work best for the DigiToads ecosystem. Among the analysts who have reviewed the coin, many feel that it has the potential to cross 50x returns in the coming months.
For more information on DigiToads visit the website, join the presale or join the community for regular updates.