There is no doubt that established cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH) are good investments. However, when it comes to growth, it’s the cheap crypto assets that hold the biggest potential. This is why as predictions for a bull market keep coming in, many investors are looking for promising altcoins to add to their portfolios.
To this end, experts recommend finding cryptocurrencies under $2 for the best possible returns. Here is a look at three of the top cheap assets to invest in right now.
EOS (EOS)
EOS is a blockchain network and cryptocurrency developed by Block.one. It was launched in June 2018 and is designed to provide a high-volume and low-fee environment for decentralized applications (dApps) and smart contracts. The goal is to provide a fast, cheap, and scalable alternative to Bitcoin (BTC) and Ethereum (ETH).
The EOS cryptocurrency was launched a year earlier in 2017 via an ICO. The cryptocurrency gained significant attention during and after its presale and would go on to have several booms. One of these saw the token reach an all-time high (ATH price of $22.71.
EOS is currently the 48th largest coin by market cap. With a circulating supply of 1.1 billion tokens at a selling price of $0.6772, the token has a market cap of around $740 million. The token may have lost some of its value due to the current market conditions. However, some experts still consider it to be a good utility token for investors.
HedgeUp (HDUP)
Unlike other projects in this list, HedgeUp (HDUP) is yet to officially launch. The DeFi project, which is building an alternative assets investment platform, is in its presale phase selling the token, HDUP. However, it has quickly gained a reputation as one of the best opportunities currently available to investors.
This is because the presale has demonstrated immense growth since its launch. It is currently selling HedgeUp (HDUP) for $0.036, just a few months after launching at $0.009. This means it has gained 300% since launch, more than any other utility token over the same period.
The presale is scheduled to close at $0.087. And when HedgeUp (HDUP) finally launches, crypto analysts predict that the token could gain as much as 10,000%. This will make it the best utility token of 2023.
Render Token (RNDR)
Render is a decentralized network designed to facilitate the sharing of GPU power for rendering. Users connected to the network can share their idle computing resources with artists and developers and earn RNDR tokens in return.
RNDR is the utility token of the project. It is used for paying fees and paying out rewards to participants who contribute their computing power.
The asset has managed to cement itself as a top 100 cryptocurrency. It is currently trading at $1.93 and like EOS, has a market cap of more than $707 million. Since the world is increasingly moving towards cloud computing, many experts see Render as a solid project for the future, making RNDR a good investment.
For more information about HedgeUp (HDUP) presale use the links down below:
- Website: https://hedgeup.io/
- Presale: https://app.hedgeup.io/sign-up
- Telegram: https://t.me/HedgeUpChat
- Twitter: https://twitter.com/HedgeUpOfficial